Latest Report Update: Feb 22, 2019

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

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Republic of Korea: Barley Market Overview 2019

Barley Market Size in Republic of Korea

The revenue of the barley market in South Korea amounted to $X in 2017, coming down by -X% against the previous year. Overall, barley consumption continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2008, when market value increased by X% against the previous year. In that year, the barley market reached their peak level of $X. From 2009 to 2017, growth of the barley market stood at a somewhat lower level.

Barley Production in Republic of Korea

In 2017, production of barley in South Korea stood at X tonnes, waning by -X% against the previous year. In general, barley production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. Over the period under review, the barley production reached its peak figure volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level. Barley output in South Korea indicated an abrupt slump, which was largely conditioned by a deep reduction of the harvested area and a measured descent in yield figures.

In 2017, average barley yield in South Korea stood at X tonne per ha, picking up by X% against the previous year. Overall, barley yield continues to indicate a moderate downturn. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. The barley yield peaked of X tonne per ha in 2008; however, from 2009 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Barley harvested area in South Korea totaled X ha in 2017, lowering by -X% against the previous year. In general, barley harvested area continues to indicate a deep drop. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to barley production reached its maximum of X ha in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Barley Exports from Republic of Korea

Barley exports from South Korea totaled X tonnes in 2017, going up by X% against the previous year. Overall, barley exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the barley exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, barley exports stood at $X in 2017. Overall, barley exports continue to indicate a remarkable expansion. Over the period under review, the barley exports reached its peak figure level in 2017, and are likely to see steady growth in the near future.

Barley Exports by Country from Republic of Korea

Australia (X tonnes), Japan (X tonnes) and the U.S. (X tonnes) were the main destinations of barley exports from South Korea, with a combined X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), Japan ($X) and the U.S. ($X) appeared to be the largest markets for barley exported from South Korea worldwide, with a combined X% share of total exports.

Japan (+X% per year) experienced the highest growth rate of exports, among the main countries of destination over the last decade, while the other leaders experienced mixed trend patterns.

Barley Export Prices by Country in Republic of Korea

In 2017, the average barley export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, barley export price continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% y-o-y. Over the period under review, the average export prices for barley attained its peak figure level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per tonne), while average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Australia (+X% per year), the export prices for other major destinations experienced a decline.

Barley Imports into Republic of Korea

In 2017, barley imports into South Korea stood at X tonnes, rising by X% against the previous year. In general, barley imports continue to indicate a perceptible growth. The growth pace was the most rapid in 2012, when imports increased by X% y-o-y. In that year, the barley imports attained their peak volume of X tonnes. From 2013 to 2017, growth of the barley imports failed to regain its momentum.

In value terms, barley imports amounted to $X in 2017. In general, barley imports continue to indicate a relatively flat trend pattern. In that year, the barley imports attained their peak level of $X. From 2013 to 2017, growth of the barley imports failed to regain its momentum.

Barley Imports by Country into Republic of Korea

In 2017, Australia (X tonnes) was the main supplier of barley to South Korea, accounting for X% share of total imports. Moreover, barley imports from Australia exceeded the figures recorded by the second largest supplier, the U.S. (X tonnes), more than tenfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Australia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Canada (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of barley to South Korea, making up X% of total barley imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Australia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Canada (+X% per year).

Barley Import Prices by Country in Republic of Korea

In 2017, the average barley import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, barley import price continues to indicate a measured slump. The pace of growth was the most pronounced in 2008, when the average import prices increased by X% y-o-y. In that year, the average import prices for barley reached their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for barley stood at a somewhat lower level.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the countries with the highest import prices were China ($X per tonne) and Australia ($X per tonne), while prices for barley imports from Canada ($X per tonne) and the U.S. ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
barley.


This report provides an in-depth analysis of the barley 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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