Feb 21, 2019

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

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Republic of Korea: Almond Market Overview 2019

Almond Market Size in Republic of Korea

The revenue of the almond market in South Korea amounted to $X in 2017, going down by -X% against the previous year. In general, almond consumption continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the almond market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Almond Production in Republic of Korea

In 2017, the amount of almonds produced in South Korea totaled X tonnes, lowering by -X% against the previous year. In general, almond production continues to indicate a sharp setback. Over the period under review, the almond production reached its maximum volume of X tonnes in 2016, and then declined slightly in the following year.

Almond Exports from Republic of Korea

In 2017, exports of almonds from South Korea stood at X tonnes, waning by -X% against the previous year. In general, almond exports continue to indicate a moderate reduction. The growth pace was the most rapid in 2016, when exports increased by X% against the previous year. The exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, almond exports amounted to $X in 2017. In general, almond exports continue to indicate a remarkable growth. In that year, the almond exports reached their peak level of $X, and then declined slightly in the following year.

Almond Exports by Country from Republic of Korea

India (X tonnes) was the main destination of almond exports from South Korea, with a X% share of total exports. It was followed by China (X tonnes), with a X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to India amounted to +X%.

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

From 2007 to 2017, the average annual rate of growth in terms of value to India totaled +X%.

Almond Export Prices by Country in Republic of Korea

The average almond export price stood at $X per kg in 2017, declining by -X% against the previous year. In general, almond export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011, when the average export prices increased by X% year-to-year. Over the period under review, the average export prices for almonds attained its maximum level of $X per kg in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably for the major foreign markets. In 2017, the countries with the highest export prices were India ($X per tonne) and China ($X per tonne), while average price for exports to China ($X per tonne) and India ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to India (-X% per year).

Almond Imports into Republic of Korea

In 2017, imports of almonds into South Korea stood at X tonnes, approximately mirroring the previous year. In general, almond imports continue to indicate a drastic decline. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. The imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, almond imports stood at $X in 2017. Overall, almond imports continue to indicate a deep drop. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Almond Imports by Country into Republic of Korea

Palestine (X tonnes), the U.S. (X tonnes) and China, Hong Kong SAR (X tonnes) were the main suppliers of almond imports to South Korea.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced a decline.

In value terms, the U.S. ($X), Palestine ($X) and China, Hong Kong SAR ($X) were the largest almond suppliers to South Korea.

China, Hong Kong SAR (+X% per year) recorded the highest growth rate of imports, among the main suppliers over the last decade, while the other leaders experienced mixed trend patterns.

Almond Import Prices by Country in Republic of Korea

In 2017, the average almond import price amounted to $X per tonne, leveling off at the previous year. In general, the import price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the almond import price increased by +X% against 2010 indices. The growth pace was the most rapid in 2011, an increase of X% year-to-year. The import price peaked of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was the U.S. ($X per kg), while prices for almond imports from Italy ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
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:
• Republic of 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 2025
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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