Republic of Korea - Non-Citrus Fruits Not Elsewhere Classified - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Citrus Fruits Not Elsewhere Classified in South Korea - 2022
Contents:
- Price for Non-Citrus Fruits Not Elsewhere Classified in South Korea (CIF) - 2022
- Price for Non-Citrus Fruits Not Elsewhere Classified in South Korea (FOB) - 2022
- Imports of Non-Citrus Fruits Not Elsewhere Classified in South Korea
- Exports of Non-Citrus Fruits Not Elsewhere Classified in South Korea
Price for Non-Citrus Fruits Not Elsewhere Classified in South Korea (CIF) - 2022
The average import price for non-citrus fruits not elsewhere classified stood at $3,144 per ton in 2022, which is down by -6.6% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 21%. Over the period under review, average import prices reached the peak figure at $3,365 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,646 per ton), while the price for Iran ($567 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Citrus Fruits Not Elsewhere Classified in South Korea (FOB) - 2022
In 2022, the average export price for non-citrus fruits not elsewhere classified amounted to $3,175 per ton, growing by 18% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 190% against the previous year. As a result, the export price reached the peak level of $10,811 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
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 ($9,156 per ton), while the average price for exports to Russia ($851 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 Singapore (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Citrus Fruits Not Elsewhere Classified in South Korea
In 2022, supplies from abroad of non-citrus fruits not elsewhere classified decreased by -40% to 6.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 5.4%.
In value terms, non-citrus fruits not elsewhere classified imports dropped dramatically to $22M in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. As a result, imports attained the peak of $39M, and then shrank significantly in the following year.
| Import of Non-Citrus Fruits Not Elsewhere Classified in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.4 | 3.5 | 6.5 | 9.2 | 56.5% |
| Thailand | 2.8 | 3.2 | 5.1 | 6.3 | 31.0% |
| United States | 28.6 | 29.1 | 26.2 | 5.9 | -40.9% |
| China | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
| Uzbekistan | 1.3 | 0.9 | 0.5 | 0.2 | -46.4% |
| Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 35.4 | 37.0 | 38.9 | 21.8 | -14.9% |
Top Suppliers of Non-Citrus Fruits Not Elsewhere Classified to South Korea in 2022:
- Vietnam (3.5K tons)
- Thailand (1.9K tons)
- United States (1.3K tons)
- Uzbekistan (0.1K tons)
- China (0.1K tons)
Exports of Non-Citrus Fruits Not Elsewhere Classified in South Korea
After three years of growth, shipments abroad of non-citrus fruits not elsewhere classified decreased by -37.9% to 94 tons in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 286% against the previous year. As a result, the exports attained the peak of 152 tons, and then shrank markedly in the following year.
In value terms, non-citrus fruits not elsewhere classified exports contracted significantly to $299K in 2022. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 96%. As a result, the exports reached the peak of $407K, and then declined remarkably in the following year.
| Export of Non-Citrus Fruits Not Elsewhere Classified in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guam | 3.6 | 53.9 | 130 | 144 | 242.0% |
| Belgium | N/A | N/A | 75.5 | 75.6 | 0.1% |
| United States | N/A | 1.8 | 10.1 | 24.6 | 269.7% |
| Japan | 29.9 | 82.3 | N/A | 16.2 | -18.5% |
| France | N/A | N/A | 19.7 | 11.2 | -43.1% |
| Singapore | 24.4 | 19.0 | 141 | 9.8 | -26.2% |
| Russia | N/A | N/A | N/A | 3.6 | 0% |
| Palau | 159 | 18.2 | N/A | N/A | -88.6% |
| Others | 35.0 | 32.1 | 31.4 | 13.9 | -26.5% |
| Total | 252 | 207 | 407 | 299 | 5.9% |
Top Export Markets for Non-Citrus Fruits Not Elsewhere Classified from South Korea in 2022:
- Belgium (43.2 tons)
- Guam (27.6 tons)
- France (9.3 tons)
- Russia (4.2 tons)
- United States (2.7 tons)
- Singapore (2.5 tons)
- Japan (2.0 tons)
This report provides an in-depth analysis of the market for non-citrus fruits not elsewhere classified 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:
- FCL 619 - Fruit, fresh nes
- FCL 542 - Pome fruit nes
- FCL 541 - Stone fruit, fresh nes
- FCL 603 - Fruit, tropical (fresh) nes
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.
-
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
-
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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