Republic of Korea - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Republic of Korea: Hazelnut Market Overview 2020
Hazelnut Market Size in Republic of Korea
The revenue of the hazelnut market in South Korea amounted to $X in 2018, reducing 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, hazelnut consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the hazelnut market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.
Exports from Republic of Korea
In 2018, the hazelnut exports from South Korea amounted to X kg, remaining relatively unchanged against the previous year. Overall, hazelnut exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X kg in 2014; however, from 2015 to 2018, exports remained at a lower figure.
In value terms, hazelnut exports amounted to $X in 2018. Over the period under review, hazelnut exports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. In that year, hazelnut exports attained their peak of $X. From 2015 to 2018, the growth of hazelnut exports remained at a somewhat lower figure.
Imports into Republic of Korea
In 2018, the amount of hazelnuts imported into South Korea totaled X tonnes, shrinking by -X% against the previous year. Overall, hazelnut imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, hazelnut imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
In value terms, hazelnut imports totaled $X in 2018. In general, hazelnut imports continue to indicate a deep decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the hazelnut 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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