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Republic of Korea - Cabbage And Other Brassicas - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Cabbage Market Overview 2020

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Cabbage Market Size in Republic of Korea

The revenue of the cabbage market in South Korea amounted to $X in 2018, leveling off at the previous year. Over the period under review, cabbage consumption continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Cabbage consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Cabbage Production in Republic of Korea

In value terms, cabbage production amounted to $X in 2018 estimated in export prices. Over the period under review, cabbage production continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Cabbage production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

In 2018, the average yield of cabbage and other brassicas in South Korea totaled X tonne per ha, approximately equating the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Cabbage yield peaked at X tonne per ha in 2014; however, from 2015 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of cabbage and other brassicas in South Korea amounted to X ha, dropping by -X% against the previous year. In general, the cabbage harvested area continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to cabbage production attained its maximum at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Cabbage Exports

Exports from Republic of Korea

In 2018, approx. X tonnes of cabbage and other brassicas were exported from South Korea; declining by -X% against the previous year. Over the period under review, cabbage exports, however, continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, cabbage exports amounted to $X in 2018. Overall, cabbage exports, however, continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Taiwan, Chinese (X tonnes) was the main destination for cabbage exports from South Korea, accounting for a X% share of total exports. It was followed by Canada (X tonnes), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Taiwan, Chinese amounted to +X%.

In value terms, Taiwan, Chinese ($X) remains the key foreign market for cabbage exports from South Korea, comprising X% of total cabbage exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Taiwan, Chinese amounted to +X%.

Export Prices by Country

The average cabbage export price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the cabbage export price, however, continues to indicate a measured slump. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the country with the highest price was Canada ($X per tonne), while the average price for exports to Taiwan, Chinese amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan, Chinese.

Cabbage Imports

Imports into Republic of Korea

In 2018, the cabbage imports into South Korea stood at X tonnes, coming down by -X% against the previous year. In general, cabbage imports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 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, cabbage imports totaled $X in 2018. Over the period under review, cabbage imports continue to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of cabbage to South Korea, accounting for a X% share of total imports. Moreover, cabbage imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), threefold. Myanmar (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Myanmar (-X% per year).

In value terms, China ($X) constituted the largest supplier of cabbage to South Korea, comprising X% of total cabbage imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Myanmar (+X% per year).

Import Prices by Country

The average cabbage import price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the cabbage import price continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. In that year, the average import prices for cabbage and other brassicas attained their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average import prices for cabbage and other brassicas failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Myanmar ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Myanmar, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 358 - Cabbages

This report provides an in-depth analysis of the cabbage 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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