Walleye pollock Theragra chalcogramma is the most popular fish in Korea, often being used in a variety of food delicacies. However, since 2000, production of walleye pollock from distant-water fishing has been rapidly decreasing, and its domestic production is slowly dying out. Therefore, supply of walleye pollock to the Korean market has become heavily dependent on imports. Based on the supply–demand situation of walleye pollock in the Korean market and analyses of its production and markets, it can be undoubtedly predicted that there is a large potential for consumption of walleye pollock. From past records of walleye pollock consumption, Korea’s potential walleye pollock consumption can be estimated to be around 500,000 tons. However, it seems that the prospect of supplying such a high demand is not very bright.