Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea - 2022
Contents:
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea (CIF) - 2022
- Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea (CIF) - 2022
The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $1,159 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the import price saw a prominent expansion. The growth pace was the most rapid in 2021 an increase of 31%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,209 per ton), while the price for Vietnam totaled $1,115 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.5%).
Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea
In 2022, imports of nuts, edible; coconuts, in the inner shell (endocarp)s into South Korea rose slightly to 735 tons, growing by 2.5% on the previous year. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 119% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s skyrocketed to $852K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 232 | 403 | 672 | 787 | 50.3% |
Thailand | N/A | N/A | 16.7 | 65.1 | 289.8% |
Others | 3.7 | N/A | 0.4 | N/A | -67.1% |
Total | 236 | 403 | 689 | 852 | 53.4% |
Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to South Korea in 2022:
- Vietnam (705.5 tons)
- Thailand (29.5 tons)
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