Price for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea - 2022

Contents:

  1. Price for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (CIF) - 2022
  2. Price for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (FOB) - 2022
  3. Imports of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea
  4. Exports of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea

Price for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (CIF) - 2022

The average import price for dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds stood at $2,032 per ton in 2022, surging by 1.6% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds increased by +115.0% against 2012 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,207 per ton), while the price for the Philippines ($959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (FOB) - 2022

In 2022, the average export price for dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds amounted to $5,614 per ton, which is down by -49% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 102% against the previous year. Over the period under review, the average export prices reached the maximum at $10,998 per ton in 2021, and then declined notably in the following year.

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 the United States ($16,625 per ton), while the average price for exports to Russia ($1,210 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 the United States (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea

In 2022, imports of dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds into South Korea stood at 106K tons, surging by 2.2% against 2021. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds amounted to $215M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru19.730.855.268.751.6%
Philippines58.450.054.865.13.7%
Thailand40.230.945.241.41.0%
Vietnam2.83.96.58.041.9%
Mexico14.714.48.44.0-35.2%
Others29.731.936.827.8-2.2%
Total1651622072159.2%

Top Suppliers of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried to South Korea in 2022:

  1. Philippines (67.9K tons)
  2. Peru (16.7K tons)
  3. Thailand (11.8K tons)
  4. Vietnam (1.9K tons)
  5. Mexico (1.6K tons)

Exports of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea

Exports of dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds from South Korea skyrocketed to 26 tons in 2022, increasing by 43% compared with the previous year's figure. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of dates, figs, pineapples, avocados, guavas, mangoes and mangosteens; fresh or drieds fell rapidly to $145K in 2022. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.

Export of Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore65.145.964.663.2-1.0%
Hong Kong SAR10275.193.538.4-27.8%
Mongolia12.121.423.818.916.0%
RussiaN/AN/AN/A14.40%
Vietnam24.28.96.49.1-27.8%
Others0.57.69.60.817.0%
Total204159198145-10.8%

Top Export Markets for Dates, Figs, Pineapples, Avocados, Guavas, Mangoes and Mangosteens; Fresh or Dried from South Korea in 2022:

  1. Russia (11.9 tons)
  2. Singapore (6.6 tons)
  3. Hong Kong SAR (3.8 tons)
  4. Mongolia (2.5 tons)
  5. Vietnam (0.9 tons)

Source: IndexBox Market Intelligence Platform

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