Republic of Korea - Citrus Fruit Jams, Marmalades, Jellies, Purees Or Pastes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Citrus Fruit Jams and Marmalades in South Korea - 2022
Contents:
- Price for Citrus Fruit Jams and Marmalades in South Korea (CIF) - 2022
- Price for Citrus Fruit Jams and Marmalades in South Korea (FOB) - 2022
- Imports of Citrus Fruit Jams and Marmalades in South Korea
- Exports of Citrus Fruit Jams and Marmalades in South Korea
Price for Citrus Fruit Jams and Marmalades in South Korea (CIF) - 2022
The average import price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $5,281 per ton in December 2022, rising by 14% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 57% against the previous month. Over the period under review, average import prices hit record highs at $9,355 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the UK ($17,417 per ton), while the price for Austria ($3,716 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Citrus Fruit Jams and Marmalades in South Korea (FOB) - 2022
In 2022, the average export price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $4,801 per ton, rising by 15% against the previous year. Overall, the export price posted a tangible expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 129%. As a result, the export price attained the peak level of $8,235 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($13,356 per ton), while the average price for exports to Hong Kong SAR ($3,550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Citrus Fruit Jams and Marmalades in South Korea
After two years of decline, supplies from abroad of citrus fruit jams, marmalades, jellies, purees or pastes increased by 34% to 204 tons in 2022. Over the period under review, imports, however, saw a deep reduction.
In value terms, citrus fruit jams and marmalades imports skyrocketed to $1M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Citrus Fruit Jams and Marmalades in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 427 | 272 | 398 | 225 | -19.2% |
| France | 296 | 256 | 130 | 217 | -9.8% |
| Italy | 28.7 | 66.0 | 36.2 | 127 | 64.2% |
| United Kingdom | 28.8 | 83.6 | 81.6 | 101 | 51.9% |
| Poland | N/A | 0.1 | 18.0 | 87.9 | 2864.8% |
| China | 25.5 | 0.8 | 1.2 | 74.9 | 43.2% |
| Austria | 15.9 | 11.7 | 26.4 | 57.3 | 53.3% |
| Denmark | 54.4 | 96.6 | N/A | N/A | 77.6% |
| Others | 104 | 105 | 94.6 | 150 | 13.0% |
| Total | 981 | 891 | 786 | 1,040 | 2.0% |
Top Suppliers of Citrus Fruit Jams and Marmalades to South Korea in 2022:
- United States (55.6 tons)
- Poland (31.3 tons)
- France (29.6 tons)
- China (19.5 tons)
- United Kingdom (16.5 tons)
- Italy (15.9 tons)
- Austria (12.9 tons)
Exports of Citrus Fruit Jams and Marmalades in South Korea
In 2022, approx. 60 tons of citrus fruit jams, marmalades, jellies, purees or pastes were exported from South Korea; picking up by 86% on the previous year. Over the period under review, exports, however, showed a sharp reduction.
In value terms, citrus fruit jams and marmalades exports skyrocketed to $286K in 2022. Overall, exports, however, showed a dramatic descent.
| Export of Citrus Fruit Jams and Marmalades in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.0 | 0.3 | 28.2 | 127 | 299.0% |
| United States | 24.9 | 50.8 | 30.2 | 66.1 | 38.5% |
| Taiwan (Chinese) | 5.2 | 0.1 | 0.8 | 49.5 | 111.9% |
| Hong Kong SAR | 103 | 16.5 | 15.7 | 11.1 | -52.4% |
| Russia | N/A | 6.0 | 4.3 | 8.9 | 21.8% |
| Australia | N/A | N/A | 11.0 | 6.2 | -43.6% |
| Thailand | 3.9 | N/A | 9.0 | 5.0 | 8.6% |
| China | 519 | 29.1 | 4.8 | 1.6 | -85.4% |
| Others | 19.9 | 4.9 | 29.5 | 11.1 | -17.7% |
| Total | 678 | 108 | 134 | 286 | -25.0% |
Top Export Markets for Citrus Fruit Jams and Marmalades from South Korea in 2022:
- Japan (33.3 tons)
- United States (11.4 tons)
- Taiwan (Chinese) (5.6 tons)
- Hong Kong SAR (3.1 tons)
- Russia (1.7 tons)
- Australia (1.6 tons)
- Thailand (1.2 tons)
- China (0.3 tons)
This report provides an in-depth analysis of the market for citrus fruit jams and marmalades in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10392230 - Citrus fruit jams, marmalades, jellies, purees or pastes, being cooked preparations (excluding homogenised preparations)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
428
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Global jam imports stood at X tons in 2016, flattening at the previous year level. The total import volume increased at an average annual rate of +X% from jam to 2016- however, the trend patter...
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