Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea - 2022
Contents:
- Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (CIF) - 2022
- Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (FOB) - 2022
- Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea
- Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea
Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (CIF) - 2022
The average import price for vegetables; celery (other than celeriac), fresh or chilleds stood at $676 per ton in 2022, shrinking by -2.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 66%. As a result, import price attained the peak level of $1,384 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($679 per ton), while the price for Taiwan (Chinese) ($167 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 (-3.5%), while the prices for the other major suppliers experienced a decline.
Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (FOB) - 2022
The average export price for vegetables; celery (other than celeriac), fresh or chilleds stood at $2,731 per ton in 2022, growing by 40% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetables; celery (other than celeriac), fresh or chilleds decreased by -8.3% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 121% against the previous year. The export price peaked at $2,980 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,103 per ton), while the average price for exports to Mongolia ($906 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 Taiwan (Chinese) (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea
For the third consecutive year, South Korea recorded decline in supplies from abroad of vegetables; celery (other than celeriac), fresh or chilleds, which decreased by -1.4% to 13 tons in 2022. Over the period under review, imports showed a mild setback. The smallest decline of -0.7% was in 2020.
In value terms, imports of vegetables; celery (other than celeriac), fresh or chilleds contracted to $8.9K in 2022. In general, imports saw a pronounced descent. The smallest decline of -3.8% was in 2021.
| Import of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 9.6 | 9.2 | 8.9 | -3.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.0 | 9.6 | 9.2 | 8.9 | -3.8% |
Top Suppliers of Vegetables; Celery (Other than Celeriac), Fresh or Chilled to South Korea in 2022:
- United States (13.0 tons)
Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea
Exports of vegetables; celery (other than celeriac), fresh or chilleds from South Korea fell sharply to 182 kg in 2022, reducing by -98.3% compared with 2021 figures. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 339% against the previous year. As a result, the exports attained the peak of 11 tons, and then reduced remarkably in the following year.
In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds dropped sharply to $497 in 2022. In general, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. As a result, the exports reached the peak of $21K, and then fell markedly in the following year.
| Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 2.7 | 4.2 | 0.3 | -66.7% |
| Marshall Islands | N/A | 1.1 | 0.8 | 0.1 | -69.8% |
| Mongolia | N/A | 2.9 | 1.2 | N/A | -58.6% |
| Taiwan (Chinese) | 5.5 | N/A | N/A | N/A | 0% |
| Palau | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Saudi Arabia | N/A | N/A | 14.4 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 5.6 | 7.0 | 20.8 | 0.5 | -55.3% |
Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from South Korea in 2022:
- United Arab Emirates (68.0 kg)
- Mongolia (53.0 kg)
- Marshall Islands (48.0 kg)
- Palau (9.0 kg)
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