Price for Vegetables; Seed Potatoes, Fresh or Chilled in South Korea - 2022
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (FOB) - 2022
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (CIF) - 2022
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea
Price for Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (FOB) - 2022
In November 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $1,403 per ton, with an increase of 119% against the previous month. In general, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From December 2021 to November 2022, the rate of growth in terms of prices for Vietnam amounted to +29.5% per month.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (CIF) - 2022
In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $5,259 per ton, jumping by 648% against the previous year. In general, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.8% per year.
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea
Exports of vegetables; seed potatoes, fresh or chilleds from South Korea skyrocketed to 1.2K tons in 2022, rising by 47% against the previous year. Overall, exports saw a strong increase. The growth pace was the most rapid in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds surged to $930K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 346 | 278 | 448 | 930 | 39.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 346 | 278 | 448 | 930 | 39.0% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from South Korea in 2022:
- Vietnam (1240.5 tons)
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea
In 2022, approx. 54 kg of vegetables; seed potatoes, fresh or chilleds were imported into South Korea; declining by 99.9% against the year before. Overall, imports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2,592% against the previous year.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds declined remarkably to $284 in 2022. In general, imports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 3,939% against the previous year.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 0.3 | 0% |
| United States | 1,023 | 21.2 | 856 | N/A | -8.5% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1,023 | 21.2 | 856 | 0.3 | -93.4% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to South Korea in 2022:
- Australia (54.0 kg)
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