Republic of Korea - Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fruit or Nut Preserves in South Korea - 2022
Contents:
- Price for Fruit or Nut Preserves in South Korea (CIF) - 2022
- Price for Fruit or Nut Preserves in South Korea (FOB) - 2022
- Imports of Fruit or Nut Preserves in South Korea
- Exports of Fruit or Nut Preserves in South Korea
Price for Fruit or Nut Preserves in South Korea (CIF) - 2022
The average fruit or nut preserves import price stood at $2,709 per ton in 2022, dropping by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2016 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $2,868 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,337 per ton), while the price for Chile ($785 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fruit or Nut Preserves in South Korea (FOB) - 2022
In 2022, the average fruit or nut preserves export price amounted to $4,052 per ton, rising by 4.7% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit or nut preserves export price decreased by -10.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 18%. The export price peaked at $4,540 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($10,073 per ton), while the average price for exports to the United States ($2,553 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 China (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fruit or Nut Preserves in South Korea
In 2022, purchases abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes decreased by -19.4% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of 17K tons, and then declined notably in the following year.
In value terms, fruit or nut preserves imports fell remarkably to $38M in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. As a result, imports reached the peak of $50M, and then contracted remarkably in the following year.
| Import of Fruit or Nut Preserves in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.7 | 13.0 | 9.7 | 11.5% |
| France | 2.0 | 3.7 | 8.0 | 5.9 | 43.4% |
| United States | 3.1 | 3.4 | 7.7 | 5.7 | 22.5% |
| Mexico | 2.7 | 2.0 | 3.3 | 2.6 | -1.3% |
| Vietnam | 1.2 | 1.3 | 2.2 | 1.7 | 12.3% |
| India | 1.2 | 1.6 | 2.0 | 1.6 | 10.1% |
| Taiwan (Chinese) | 0.1 | 1.2 | 2.0 | 1.5 | 146.6% |
| Denmark | 0.7 | 1.0 | 1.5 | 1.1 | 16.3% |
| Colombia | 0.6 | 1.0 | 1.1 | 0.9 | 14.5% |
| United Kingdom | 0.9 | 0.6 | 0.9 | 0.8 | -3.9% |
| Israel | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
| Chile | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Others | 3.5 | 3.5 | 7.8 | 6.1 | 20.3% |
| Total | 23.5 | 26.2 | 50.1 | 38.1 | 17.5% |
Top Suppliers of Fruit or Nut Preserves to South Korea in 2022:
- China (3.3K tons)
- Mexico (2.7K tons)
- India (1.6K tons)
- United States (1.1K tons)
- France (1.1K tons)
- Colombia (0.7K tons)
- Vietnam (0.6K tons)
- Denmark (0.4K tons)
- Israel (0.3K tons)
- Taiwan (Chinese) (0.3K tons)
- Chile (0.3K tons)
- United Kingdom (0.2K tons)
Exports of Fruit or Nut Preserves in South Korea
In 2022, fruit or nut preserves exports from South Korea contracted to 757 tons, which is down by -12.9% on the year before. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, fruit or nut preserves exports fell to $3.1M in 2022. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 21%.
| Export of Fruit or Nut Preserves in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1,197 | 979 | 1,058 | 824 | -11.7% |
| China | 1,580 | 551 | 392 | 643 | -25.9% |
| United States | 656 | 200 | 726 | 564 | -4.9% |
| Singapore | 41.8 | 100 | 368 | 286 | 89.8% |
| Vietnam | 294 | 173 | 83.2 | 140 | -21.9% |
| Malaysia | 138 | 260 | 143 | 138 | 0.0% |
| Philippines | 103 | 109 | 80.6 | 74.7 | -10.2% |
| Others | 440 | 396 | 511 | 395 | -3.5% |
| Total | 4,450 | 2,769 | 3,363 | 3,066 | -11.7% |
Top Export Markets for Fruit or Nut Preserves from South Korea in 2022:
- Hong Kong SAR (274.1 tons)
- United States (220.9 tons)
- China (63.9 tons)
- Singapore (53.5 tons)
- Malaysia (28.7 tons)
- Philippines (24.1 tons)
- Vietnam (21.9 tons)
This report provides an in-depth analysis of the market for non-citrus fruit or nut 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 10392290 - Jams, marmalades, fruit jellies, fruit or nut purees and pastes, b eing cooked preparations (excluding of citrus fruit, h omogenised 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
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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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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...
