Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea - 2022
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (CIF) - 2022
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (FOB) - 2022
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (CIF) - 2022
In 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $2,997 per ton, falling by -11.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2013 an increase of 32% against the previous year. The import price peaked at $3,375 per ton in 2021, and then reduced in the following year.
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 the United States ($3,741 per ton), while the price for Uzbekistan ($1,243 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (FOB) - 2022
The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $7,357 per ton in 2022, which is down by -2.9% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 41%. As a result, the export price reached the peak level of $7,573 per ton, and then declined slightly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($10,931 per ton), while the average price for exports to Guam ($3,609 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 Singapore (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea
In 2022, purchases abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes decreased by -21.5% to 78K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 1.8% against the previous year. As a result, imports attained the peak of 101K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted significantly to $234M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $336M, and then shrank remarkably in the following year.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 100 | 108 | 114 | 58.4 | -16.4% |
| Chile | 35.0 | 29.6 | 52.3 | 55.9 | 16.9% |
| Uzbekistan | 0.6 | 0.7 | 1.0 | 0.8 | 10.1% |
| Others | 138 | 143 | 169 | 119 | -4.8% |
| Total | 274 | 281 | 336 | 234 | -5.1% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to South Korea in 2022:
- Chile (22.4K tons)
- United States (15.6K tons)
- Uzbekistan (0.6K tons)
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea
In 2022, shipments abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes increased by 33% to 508 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep contraction.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes soared to $3.7M in 2022. Overall, exports, however, showed a abrupt setback.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1,250 | 806 | 1,018 | 1,514 | 6.6% |
| Indonesia | 94.2 | 52.5 | 132 | 120 | 8.4% |
| Singapore | 604 | 177 | 151 | 101 | -44.9% |
| Malaysia | 247 | 121 | 90.1 | 63.3 | -36.5% |
| Thailand | 46.0 | 43.4 | 31.4 | 20.7 | -23.4% |
| Guam | 2.5 | 2.2 | 8.7 | 14.7 | 80.5% |
| Vietnam | 43.7 | 20.1 | 16.3 | 11.0 | -36.9% |
| Others | 2,333 | 1,227 | 1,446 | 1,889 | -6.8% |
| Total | 4,620 | 2,449 | 2,893 | 3,734 | -6.9% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from South Korea in 2022:
- Hong Kong SAR (211.9 tons)
- Singapore (11.8 tons)
- Indonesia (11.0 tons)
- Malaysia (7.9 tons)
- Guam (4.1 tons)
- Thailand (2.0 tons)
- Vietnam (1.2 tons)
915
This report provides an in-depth analysis of the apricot market in Republic of Korea.
817
This report provides an in-depth analysis of the market for cherry and sour cherry in Republic of Korea.
951
This report provides an in-depth analysis of the sour cherry market in Republic of Korea.
785
This report provides an in-depth analysis of the peach and nectarine market in Republic of Korea.
679
This report provides an in-depth analysis of the plum and sloe market in Republic of Korea.
518
This report provides an in-depth analysis of the berry market in Republic of Korea.
610
This report provides an in-depth analysis of the fruit and berry market in Republic of Korea.
3014
This report provides an in-depth analysis of the global apricot market.
5232
This report provides an in-depth analysis of the global market for cherry and sour cherry.
2932
This report provides an in-depth analysis of the global sour cherry market.
189
The global apricot market is expected to experience a steady increase in consumption over the next seven years, with market volume projected to reach 4.4M tons and market value expected to reach $6.8B by 2030.
564
Spain and Italy remain the leading apricot suppliers worldwide, strongly increasing their exports during the past decade.
1595
The global apricot market revenue amounted to $5.9B in 2018, surging by 2.8% against the previous year. This figure...
1683
France continued its dominance in the global apricot trade. In 2014, France exported X thousand tons of apricot totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total apricot
212
Explore the top import markets for cherry and sour cherry and discover the countries driving the global demand for these delicious fruits.
1635
The global cherry market revenue amounted to $12.3B in 2018, increasing by 11% against the previous year. This figure...
913
The global cherry market increased gradually from X thousand tons in 2007 to X thousand tons in 2016, with only mild fluctuations over the period under review. Overall, it expanded at an average annual rate of +X from 2007 to 2016. In val
4272
Global cherry consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
2099
Global cherry exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4263
Global cherry imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
