Price for Fruit, Edible; Durians, Fresh in South Korea - 2022
Contents:
- Price for Fruit, Edible; Durians, Fresh in South Korea (CIF) - 2022
- Imports of Fruit, Edible; Durians, Fresh in South Korea
Price for Fruit, Edible; Durians, Fresh in South Korea (CIF) - 2022
The average fruit, edible; durians, fresh import price stood at $2,498 per ton in December 2022, rising by 2.8% against the previous month. In general, the import price, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in April 2022 when the average import price increased by 37% month-to-month. As a result, import price attained the peak level of $4,352 per ton. From May 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From December 2021 to December 2022, the rate of growth in terms of prices for Thailand amounted to -1.6% per month.
Imports of Fruit, Edible; Durians, Fresh in South Korea
After three years of growth, overseas purchases of fruit, edible; durians, freshes decreased by -19.2% to 1.4K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports attained the peak of 1.8K tons, and then contracted remarkably in the following year.
In value terms, fruit, edible; durians, fresh imports fell rapidly to $4.1M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $5.1M, and then contracted markedly in the following year.
| Import of Fruit, Edible; Durians, Fresh in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.7 | 3.2 | 2.8 | 4.1 | 14.9% |
| Others | 0.1 | N/A | 2.3 | N/A | 379.6% |
| Total | 2.8 | 3.2 | 5.1 | 4.1 | 13.6% |
Top Suppliers of Fruit, Edible; Durians, Fresh to South Korea in 2022:
- Thailand (1428.3 tons)
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