Realist: news and analytics

Русский / English / العربية

  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics

Rising global demand drives record prices for South Korea’s dried seaweed

Exports hit $1.13 bn in 2025 as ‘gim’ goes global, squeezing domestic consumers.

   
February 5, 2026, 08:32
People & Culture
Putin and Xi reaffirm strategic partnership in New Year video talks

SEOUL (Realist English). Dried seaweed, known locally as gim, has long been a cheap staple on South Korean dining tables. But soaring global demand is now pushing prices to record levels, raising concerns among domestic consumers and highlighting the growing export focus of the industry.

South Korea is the world’s largest producer and exporter of gim, supplying markets across Asia, North America and Europe. Exports reached a record $1.13 bn in 2025, according to data from the Korea Maritime Institute, reinforcing the product’s reputation as one of the country’s most successful food exports — sometimes dubbed Korea’s “black semiconductor”.

As overseas demand has grown, domestic prices have followed. In 2024, a single sheet of gim typically sold for around ₩100 ($0.06), usually bundled in packs of 10 or more. Last month, prices rose above ₩150 per sheet, the highest level on record, with premium varieties reaching as much as ₩350 per sheet, according to market vendors.

Lee Hyang-ran, who has sold gim for nearly five decades at a traditional market in central Seoul, says foreign customers now make up a growing share of her business. “People used to think it looked like black paper,” she said. “Now they come from all over the world to buy it.”

Consumers are beginning to adjust their habits. Kim Jaela, a Seoul resident in her 30s who typically buys hundreds of sheets at a time, said she may cut back if prices continue to rise. “If I see the same or higher price next time, I probably won’t restock,” she said.

Analysts link the surge in global demand to the broader popularity of Korean culture, from K-pop to television dramas, which has drawn international attention to Korean cuisine. In 2023, Korean-style gimbap sold by the US grocery chain Trader Joe’s went viral and quickly sold out nationwide.

“From Asia to Western countries, more people are becoming familiar with gim,” said Lee Eunhee, a consumer studies professor at Inha University. “To meet overseas demand, domestic prices are being pushed up.”

Producers say capacity constraints are adding to the pressure. Kim Namin, who runs a family-owned gim processing factory in Wando — a major seaweed-producing region — said most of his output is now exported. “There aren’t enough factories compared to rising demand,” he said, adding that even small price increases tend to provoke strong public reaction in South Korea, where gim has traditionally been seen as an affordable food.

Government officials cite multiple factors behind the price rise, including inflation, higher labour costs and reduced overseas production. Still, many acknowledge that global demand is the main driver.

The Ministry of Oceans and Fisheries has said it will closely monitor prices, while food companies are investing in land-based seaweed research and development to enable year-round harvesting and stabilise supply.

Despite the domestic concerns, vendors like Lee remain upbeat. “Gim has been selling like hot cakes,” she said. “I’m glad Korean gim is becoming popular around the world — even if it’s getting harder to keep prices low at home.”

AsiaSouth Korea
Previous Post

South Africa’s Democratic Alliance leader to step down amid party turmoil

Next Post

Report alleges covert Turkish intelligence unit operated from embassy in Moscow

Related Posts

70% of Europeans perceive Russia as a threat, but a split is growing in Southern and Eastern Europe
People & Culture

70% of Europeans perceive Russia as a threat, but a split is growing in Southern and Eastern Europe

5 May, 2026
62% of Americans disapprove of Trump’s war with Iran, 59% say use of force was a mistake
People & Culture

62% of Americans disapprove of Trump’s war with Iran, 59% say use of force was a mistake

3 May, 2026
Joe Kent: US will leave NATO to support Israel in war with Turkey
People & Culture

Joe Kent: US will leave NATO to support Israel in war with Turkey

3 May, 2026
‘Capitalism is facing a crisis of legitimacy’: Larry Fink on inequality, AI and the evolution of markets
People & Culture

‘Capitalism is facing a crisis of legitimacy’: Larry Fink on inequality, AI and the evolution of markets

2 May, 2026
‘Worker, fight for your rights!’: communists and trade unions marked May Day with rallies and slogans
People & Culture

‘Worker, fight for your rights!’: communists and trade unions marked May Day with rallies and slogans

1 May, 2026
The Raising of the Victory Banner over the Reichstag: a chronicle of a feat divided by history
People & Culture

The Raising of the Victory Banner over the Reichstag: a chronicle of a feat divided by history

30 April, 2026
Most Popular
Most Popular
Sheaito Moussallam: Iran is the main obstacle to Greater Israel

Sheaito Moussallam: Iran is the main obstacle to Greater Israel

5 May, 2026

BEIRUT (Realist English). The Middle East today is an echo of exploding bombs, diplomatic dead ends, and dozens of contradictory interpretations...

‘Capitalism is facing a crisis of legitimacy’: Larry Fink on inequality, AI and the evolution of markets

‘Capitalism is facing a crisis of legitimacy’: Larry Fink on inequality, AI and the evolution of markets

2 May, 2026

NEW YORK (Realist English). Larry Fink, founder and CEO of BlackRock, the world's largest investment company with $14 trillion in assets...

Maria Nikiforova: Young people of the liberated territories are waiting for peace and justice

Maria Nikiforova: Young people of the liberated territories are waiting for peace and justice

2 May, 2026

MOSCOW (Realist English). Maria Nikiforova, an expert on youth policy at the Central Committee of the Communist Party of the Russian...

155 billionaires vs. 150 million people: Zyuganov on the social catastrophe in Russia

155 billionaires vs. 150 million people: Zyuganov on the social catastrophe in Russia

25 April, 2026

MOSCOW (Realist English). Chairman of the Central Committee of the Communist Party of the Russian Federation Gennady Zyuganov presented the pre-election program "Victory...

Opinion

UAE boosts production bypassing OPEC, but oil prices rise

UAE boosts production bypassing OPEC, but oil prices rise

5 May, 2026

MOSCOW (Realist English). Leading researcher at IMEMO RAS, Candidate of Historical Sciences Stanislav Ivanov has analysed for Realist English the possible consequences of...

Kurdish Genocide: From the Ottoman Empire to Erdoğan — a Chronicle of a Century of Terror

Kurdish Genocide: From the Ottoman Empire to Erdoğan — a Chronicle of a Century of Terror

4 May, 2026

ISTANBUL (Realist English). Crimes against the Kurdish people have not been isolated episodes but have been carried out by successive Turkish...

Will Trump and Xi Agree on a New World Order?

Will Trump and Xi Agree on a New World Order?

3 May, 2026

BEIJING (Realist English). Relations between the United States and China in May 2026 can best be described as an “armed...

Pentagon withdraws troops from Germany: minus 5,000 soldiers in Europe and cancellation of a missile battalion

Pentagon withdraws troops from Germany: minus 5,000 soldiers in Europe and cancellation of a missile battalion

2 May, 2026

BERLIN (Realist English). On 2 May, the Pentagon officially announced the withdrawal of 5,000 US troops from Germany over the next...

All rights reserved.

© 2017-2026

  • About Us
  • Mission and Values
  • Contact Us
  • Privacy Policy

Follow Realist English

No Result
View All Result
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts

Русский / English / العربية