Latest Report Update: Jan 17, 2020

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

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Republic of Korea: Papaya Market Overview 2020

Papaya Market Size in Republic of Korea

The revenue of the papaya 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, papaya consumption continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Papaya consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Papaya Exports

Exports from Republic of Korea

In 2018, approx. X kg of papayas were exported from South Korea; dropping by -X% against the previous year. Overall, papaya exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, papaya exports stood at $X in 2018. In general, papaya exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. In that year, papaya exports reached their peak of $X. From 2013 to 2018, the growth of papaya exports remained at a somewhat lower figure.

Exports by Country

Maldives (X kg), China, Hong Kong SAR (X kg) and China, Macao SAR (X kg) were the main destinations of papaya exports from South Korea.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Maldives, while exports for the other leaders experienced mixed trend patterns.

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

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

Export Prices by Country

The average papaya export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the papaya export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices for papayas reached their peak figure at $X per tonne in 2013; however, from 2014 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 ($X per tonne), while the average price for exports to Maldives ($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 more modest paces of growth.

Papaya Imports

Imports into Republic of Korea

In 2018, the amount of papayas imported into South Korea amounted to X tonnes, jumping by X% against the previous year. Overall, papaya imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, papaya imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, papaya imports totaled $X in 2018. In general, papaya imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, papaya imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the Philippines (X tonnes) was the main supplier of papaya to South Korea, with a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Philippines amounted to +X%.

In value terms, the Philippines ($X) constituted the largest supplier of papaya to South Korea.

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

Import Prices by Country

In 2018, the average papaya import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the papaya import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. In that year, the average import prices for papayas reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for papayas failed to regain its momentum.

As there is only one major supplying country, the average price level is determined by prices for the Philippines.

From 2007 to 2018, the rate of growth in terms of prices for the Philippines amounted to -X% per year.

Source: IndexBox AI Platform

Product coverage:
• FCL 600 - Papayas

This report provides an in-depth analysis of the papaya 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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