Latest Report Update: Jan 17, 2020

Republic of Korea - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Almond Market Overview 2020

Almond Market Size in Republic of Korea

The revenue of the almond market in South Korea amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, almond consumption, however, continues to indicate a deep decline. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Over the period under review, the almond market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Almond Exports

Exports from Republic of Korea

In 2018, the almond exports from South Korea totaled X tonnes, therefore, remained relatively stable against the previous year. In general, almond exports continue to indicate a skyrocketing increase. In that year, almond exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, almond exports stood at $X in 2018. In general, almond exports continue to indicate skyrocketing growth. In that year, almond exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China, Hong Kong SAR (X tonnes), India (X tonnes) and China (X tonnes) were the main destinations of almond exports from South Korea, with a combined X% share of total exports. These countries were followed by Malaysia, which accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Malaysia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X) remains the key foreign market for almond exports from South Korea, comprising X% of total almond exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value to China, Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and India (+X% per year).

Export Prices by Country

The average almond export price stood at $X per tonne in 2018, flattening at the previous year. In general, the almond export price continues to indicate a drastic deduction. The export price peaked at $X per tonne in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Almond Imports

Imports into Republic of Korea

In 2018, the amount of almonds imported into South Korea stood at X tonnes, jumping by X% against the previous year. Over the period under review, almond imports, however, continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, almond imports totaled $X in 2018. Over the period under review, almond imports, however, continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, almond imports attained their peak figure at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) was the main supplier of almond to South Korea, accounting for a X% share of total imports. Moreover, almond imports from the U.S. exceeded the figures recorded by the second-largest supplier, Palestine (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of almond to South Korea, comprising X% of total almond imports. The second position in the ranking was occupied by Palestine ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled +X%.

Import Prices by Country

The average almond import price stood at $X per tonne in 2018, declining by -X% against the previous year. In general, the almond import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the average import prices for almonds attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for Palestine amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Product coverage:
• FCL 221 - Almonds

This report provides an in-depth analysis of the almond market 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018

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