Republic of Korea - Jams, Jellies, Puree And Pastes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Jam, Jelly, Puree and Paste in South Korea - 2022
Contents:
- Price for Jam, Jelly, Puree and Paste in South Korea (CIF) - 2022
- Price for Jam, Jelly, Puree and Paste in South Korea (FOB) - 2022
- Imports of Jam, Jelly, Puree and Paste in South Korea
- Exports of Jam, Jelly, Puree and Paste in South Korea
Price for Jam, Jelly, Puree and Paste in South Korea (CIF) - 2022
The average import price for jams, jellies, puree and pastes stood at $3,401 per ton in December 2022, shrinking by -15.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average import price increased by 32% month-to-month. Over the period under review, average import prices reached the maximum at $4,034 per ton in November 2022, and then plummeted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($8,556 per ton), while the price for Chile ($930 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 Colombia (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Jam, Jelly, Puree and Paste in South Korea (FOB) - 2022
In December 2022, the average export price for jams, jellies, puree and pastes amounted to $5,854 per ton, shrinking by -5.2% against the previous month. Over the period under review, export price indicated a noticeable expansion from December 2021 to December 2022: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, jam, jelly, puree and paste export price increased by +69.0% against August 2022 indices. The pace of growth was the most pronounced in September 2022 an increase of 53% against the previous month. The export price peaked at $6,176 per ton in November 2022, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($25,538 per ton), while the average price for exports to Hong Kong SAR ($3,298 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Jam, Jelly, Puree and Paste in South Korea
For the fourth year in a row, South Korea recorded growth in overseas purchases of jams, jellies, puree and pastes, which increased by 3.4% to 11K tons in 2022. The total import volume increased at an average annual rate of +4.5% 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 with an increase of 7.5% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, jam, jelly, puree and paste imports expanded rapidly to $35M in 2022. The total import value increased at an average annual rate of +13.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Jam, Jelly, Puree and Paste in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.9 | 8.3 | 10.3 | 13.7% |
| France | 2.3 | 4.0 | 5.2 | 5.2 | 31.2% |
| United States | 3.5 | 3.8 | 5.3 | 4.1 | 5.4% |
| Mexico | 2.7 | 2.0 | 2.1 | 1.9 | -11.1% |
| Taiwan (Chinese) | 0.1 | 1.2 | 1.3 | 1.7 | 157.1% |
| Vietnam | 1.2 | 1.3 | 1.4 | 1.7 | 12.3% |
| India | 1.2 | 1.6 | 1.3 | 1.6 | 10.1% |
| Italy | 0.4 | 0.4 | 0.5 | 1.1 | 40.1% |
| Colombia | 0.6 | 1.0 | 0.7 | 1.0 | 18.6% |
| Denmark | 0.8 | 1.1 | 0.9 | 1.0 | 7.7% |
| United Kingdom | 0.9 | 0.7 | 0.7 | 0.6 | -12.6% |
| Israel | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Chile | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Others | 3.3 | 3.3 | 4.7 | 4.6 | 11.7% |
| Total | 24.5 | 27.6 | 32.8 | 35.4 | 13.1% |
Top Suppliers of Jam, Jelly, Puree and Paste to South Korea in 2022:
- China (2750.2 tons)
- Mexico (1783.0 tons)
- India (1261.4 tons)
- France (912.3 tons)
- United States (732.0 tons)
- Colombia (644.0 tons)
- Vietnam (470.3 tons)
- Denmark (322.6 tons)
- Chile (306.6 tons)
- Taiwan (Chinese) (277.2 tons)
- Italy (191.0 tons)
- Israel (181.1 tons)
- United Kingdom (97.4 tons)
Exports of Jam, Jelly, Puree and Paste in South Korea
In 2022, the amount of jams, jellies, puree and pastes exported from South Korea declined to 864 tons, shrinking by -4.1% on 2021. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.
In value terms, jam, jelly, puree and paste exports totaled $3.6M in 2022. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year.
| Export of Jam, Jelly, Puree and Paste in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1,300 | 995 | 1,074 | 908 | -11.3% |
| United States | 681 | 251 | 756 | 730 | 2.3% |
| China | 2,099 | 580 | 396 | 313 | -47.0% |
| Singapore | 41.8 | 100 | 372 | 237 | 78.3% |
| Vietnam | 312 | 174 | 84.5 | 233 | -9.3% |
| Taiwan (Chinese) | 77.0 | 139 | 49.7 | 229 | 43.8% |
| Malaysia | 138 | 260 | 143 | 177 | 8.7% |
| Russia | 48.9 | 21.5 | 28.4 | 156 | 47.2% |
| Japan | 19.9 | 11.5 | 42.6 | 139 | 91.2% |
| Canada | 36.0 | 46.3 | 95.3 | 96.3 | 38.8% |
| Philippines | 103 | 110 | 82.3 | 79.3 | -8.3% |
| Others | 272 | 187 | 371 | 283 | 1.3% |
| Total | 5,128 | 2,877 | 3,496 | 3,581 | -11.3% |
Top Export Markets for Jam, Jelly, Puree and Paste from South Korea in 2022:
- Hong Kong SAR (264.9 tons)
- United States (256.6 tons)
- Malaysia (47.5 tons)
- Russia (46.9 tons)
- China (38.9 tons)
- Japan (37.3 tons)
- Singapore (35.0 tons)
- Vietnam (33.6 tons)
- Philippines (21.4 tons)
- Canada (19.0 tons)
- Taiwan (Chinese) (18.1 tons)
This report provides an in-depth analysis of the market for jam, jelly, puree and paste 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)
- 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...
