Republic of Korea - Melon Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMelon Seed Price in South Korea - 2022
Contents:
- Melon Seed Price in South Korea (FOB) - 2022
- Melon Seed Price in South Korea (CIF) - 2022
- Melon Seed Exports in South Korea
- Melon Seed Imports in South Korea
Melon Seed Price in South Korea (FOB) - 2022
In 2022, the average melon seed export price amounted to $2,230,395 per ton, growing by 53% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 561% against the previous year. As a result, the export price attained the peak level of $8,413 per kg. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,805,919 per ton), while the average price for exports to India ($157,037 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.
Melon Seed Price in South Korea (CIF) - 2022
In 2022, the average melon seed import price amounted to $217,379 per ton, picking up by 24% against the previous year. Overall, the import price, however, showed a deep setback. The growth pace was the most rapid in 2016 an increase of 77%. The import price peaked at $456,145 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,105,947 per ton), while the price for India ($128,138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+99.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Melon Seed Exports in South Korea
In 2022, approx. 598 kg of melon seed were exported from South Korea; picking up by 9.7% on 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, melon seed exports skyrocketed to $1.3M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Melon Seed in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 859 | 612 | 572 | 1,130 | 9.6% |
Algeria | N/A | N/A | N/A | 32.2 | 0% |
Russia | N/A | N/A | 9.2 | 28.2 | 206.5% |
China | 77.5 | 1.8 | 38.4 | 19.5 | -36.9% |
Taiwan (Chinese) | N/A | N/A | N/A | 15.0 | 0% |
Germany | N/A | N/A | 13.9 | 12.6 | -9.4% |
Argentina | N/A | N/A | 35.1 | 7.0 | -80.1% |
India | N/A | 17.2 | 8.5 | 4.2 | -50.6% |
Others | 85.1 | 112 | 120 | 84.8 | -0.1% |
Total | 1,022 | 743 | 797 | 1,334 | 9.3% |
Top Export Markets for Melon Seed from South Korea in 2022:
- Japan (297.0 kg)
- Algeria (86.0 kg)
- China (46.0 kg)
- Germany (43.0 kg)
- India (27.0 kg)
- Taiwan (Chinese) (21.0 kg)
- Russia (21.0 kg)
- Argentina (10.0 kg)
Melon Seed Imports in South Korea
After three years of growth, overseas purchases of melon seed decreased by -16% to 2.5 tons in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year.
In value terms, melon seed imports rose modestly to $550K in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Melon Seed in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 132 | 214 | 187 | 203 | 15.4% |
Myanmar | 31.4 | 0.7 | N/A | 114 | 53.7% |
China | 120 | 102 | 77.8 | 92.7 | -8.2% |
Japan | 44.7 | 88.9 | 126 | 80.0 | 21.4% |
Taiwan (Chinese) | 5.7 | 20.3 | 31.1 | 41.4 | 93.7% |
India | 71.8 | 71.4 | 55.6 | 11.1 | -46.3% |
Others | 16.6 | 3.7 | 49.1 | 7.5 | -23.3% |
Total | 422 | 501 | 527 | 550 | 9.2% |
Top Suppliers of Melon Seed to South Korea in 2022:
- Thailand (1327.0 kg)
- China (615.0 kg)
- Myanmar (318.0 kg)
- India (87.0 kg)
- Taiwan (Chinese) (82.0 kg)
- Japan (38.0 kg)
This report provides an in-depth analysis of the melon seed 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 2030.
Product coverage:
- FCL 299 - Melonseed
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
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