Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in South Korea - 2022
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Korea (CIF) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Korea
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Korea (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $16,500 per ton, with an increase of 120% against the previous year. In general, the import price showed a prominent expansion. The growth pace was the most rapid in 2015 an increase of 976% against the previous year. As a result, import price attained the peak level of $21,516 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($21,000 per ton), while the price for the United States totaled $15,857 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Korea
In 2022, supplies from abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -74.2% to 8 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 31 kg, and then declined sharply in the following year.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank significantly to $132 in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $351. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 242 | 254 | 12.0 | 111 | -22.9% |
| Israel | N/A | N/A | N/A | 21.0 | 0% |
| Spain | 4.0 | 33.0 | 147 | N/A | 506.2% |
| Germany | N/A | N/A | 53.0 | N/A | 0% |
| United Kingdom | 31.0 | N/A | N/A | N/A | 0% |
| Australia | N/A | 24.0 | 11.0 | N/A | -54.2% |
| Others | 6.0 | 40.0 | 9.0 | N/A | 22.5% |
| Total | 283 | 351 | 232 | 132 | -22.4% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to South Korea in 2022:
- United States (7.0 kg)
- Israel (1.0 kg)
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