Resumed supplies of controversial U.S. beef are already second most popular in the Korean imported beef market.
According to quarantine data by the National Veterinary Research and Quarantine Service on Monday, a total of 4,439 tons of U.S. beef passed Korea’s quarantine inspection from July 1 onwards.
During that period, Korea imported beef from four nations. Australian beef accounted for 60.2 percent or 12,753 tons from a total of 21,184. The U.S. came second with 20.9 percent or 4,439, followed by New Zealand (17.7 percent or 3,750 tons) and Mexico (1.1 percent or 241 tons). In less than two months, U.S. beef has secured over 20 percent market share since import resumed on June 26.
In 2003, some 199, 399 tons of U.S. beef were brought in the country annually, leading the imported beef market with 68 percent of the country’s total beef imports of 293,585 tons.