Price for Grapes; Fresh or Dried in South Korea - 2022
Contents:
- Price for Grapes; Fresh or Dried in South Korea (CIF) - 2022
- Price for Grapes; Fresh or Dried in South Korea (FOB) - 2022
- Imports of Grapes; Fresh or Dried in South Korea
- Exports of Grapes; Fresh or Dried in South Korea
Price for Grapes; Fresh or Dried in South Korea (CIF) - 2022
In December 2022, the average grapes; fresh or dried import price amounted to $3,657 per ton, surging by 1.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 38% month-to-month. As a result, import price reached the peak level of $4,099 per ton. From August 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($3,904 per ton), while the price for Chile ($2,193 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Grapes; Fresh or Dried in South Korea (FOB) - 2022
The average grapes; fresh or dried export price stood at $14,785 per ton in 2022, surging by 39% against the previous year. Overall, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum at $15,080 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($17,938 per ton), while the average price for exports to Australia ($5,852 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 China (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grapes; Fresh or Dried in South Korea
For the third consecutive year, South Korea recorded decline in overseas purchases of grapes; fresh or drieds, which decreased by -18.5% to 44K tons in 2022. In general, imports recorded a abrupt setback. The smallest decline of -10.7% was in 2021.
In value terms, grapes; fresh or dried imports dropped to $158M in 2022. Overall, imports saw a abrupt descent. The smallest decline of -4.3% was in 2021.
Import of Grapes; Fresh or Dried in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 116 | 74.7 | 74.9 | 59.9 | -19.8% |
Peru | 25.7 | 22.2 | 31.6 | 47.4 | 22.6% |
United States | 59.7 | 63.0 | 54.1 | 32.1 | -18.7% |
Australia | 11.6 | 29.8 | 21.0 | 17.9 | 15.6% |
Others | 1.6 | 1.3 | 1.0 | 0.5 | -32.1% |
Total | 214 | 191 | 183 | 158 | -9.6% |
Top Suppliers of Grapes; Fresh or Dried to South Korea in 2022:
- Chile (18.7K tons)
- Peru (11.9K tons)
- United States (8.8K tons)
- Australia (3.9K tons)
Exports of Grapes; Fresh or Dried in South Korea
After three years of growth, overseas shipments of grapes; fresh or drieds decreased by -35.8% to 2.2K tons in 2022. In general, exports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when exports increased by 72%. As a result, the exports reached the peak of 3.5K tons, and then contracted rapidly in the following year.
In value terms, grapes; fresh or dried exports dropped to $33M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35%.
Export of Grapes; Fresh or Dried in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 5.9 | 8.1 | 9.0 | 9.1 | 15.5% |
Hong Kong SAR | 5.4 | 6.6 | 8.9 | 7.6 | 12.1% |
United States | 1.5 | 1.8 | 2.3 | 3.2 | 28.7% |
China | 5.6 | 7.7 | 8.3 | 2.7 | -21.6% |
Taiwan (Chinese) | 0.1 | 0.1 | 0.5 | 2.2 | 180.2% |
Singapore | 1.2 | 1.9 | 2.0 | 1.7 | 12.3% |
Canada | 1.0 | 1.5 | 1.6 | 1.6 | 17.0% |
Malaysia | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
New Zealand | 0.3 | 0.4 | 0.8 | 0.7 | 32.6% |
Others | 1.3 | 2.0 | 3.0 | 3.5 | 39.1% |
Total | 22.8 | 30.8 | 37.3 | 33.3 | 13.5% |
Top Export Markets for Grapes; Fresh or Dried from South Korea in 2022:
- Vietnam (511.6 tons)
- Hong Kong SAR (473.8 tons)
- United States (246.0 tons)
- Taiwan (Chinese) (165.0 tons)
- China (152.1 tons)
- Canada (148.5 tons)
- Malaysia (126.5 tons)
- Singapore (108.6 tons)
- New Zealand (69.0 tons)
This report provides an in-depth analysis of the dried grapes market in Republic of Korea.
This report provides an in-depth analysis of the grape market in Republic of Korea.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
This report provides an in-depth analysis of the dried grapes market in Republic of Korea.
This report provides an in-depth analysis of the grape market in Republic of Korea.
This report provides an in-depth analysis of the global dried grapes market.
This report provides an in-depth analysis of the global grape market.
Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.
Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.
Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in