Republic of Korea - Rye - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRye Price in South Korea - 2022
Contents:
- Rye Price in South Korea (CIF) - 2022
- Rye Price in South Korea (FOB) - 2022
- Rye Imports in South Korea
- Rye Exports in South Korea
Rye Price in South Korea (CIF) - 2022
The average rye import price stood at $1,666 per ton in 2022, surging by 29% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,746 per ton), while the price for Canada ($646 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Rye Price in South Korea (FOB) - 2022
In 2022, the average rye export price amounted to $2,180 per ton, reducing by -9.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 116% against the previous year. As a result, the export price reached the peak level of $2,417 per ton, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +29.7% per year.
Rye Imports in South Korea
In 2022, the amount of rye imported into South Korea shrank to 3.8K tons, approximately mirroring 2021 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6%.
In value terms, rye imports skyrocketed to $6.4M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Rye in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.2 | 4.3 | 4.3 | 6.2 | 13.9% |
Canada | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
South Africa | 0.2 | 0.3 | 0.5 | N/A | 58.1% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 4.8 | 4.7 | 5.0 | 6.4 | 10.1% |
Top Suppliers of Rye to South Korea in 2022:
- United States (3554.0 tons)
- Canada (273.0 tons)
- South Africa (16.5 tons)
Rye Exports in South Korea
In 2022, the amount of rye exported from South Korea declined sharply to 100 kg, which is down by -66.7% against the previous year. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,665% against the previous year. As a result, the exports attained the peak of 300 kg, and then fell notably in the following year.
In value terms, rye exports shrank notably to $218 in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 3,716% against the previous year. As a result, the exports reached the peak of $725, and then reduced dramatically in the following year.
Export of Rye in South Korea (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.0 | 2.0 | 725 | 218 | 501.8% |
New Zealand | N/A | 1.0 | N/A | N/A | 0% |
Malaysia | 30.0 | N/A | N/A | N/A | 0% |
Others | N/A | 16.0 | N/A | N/A | 0% |
Total | 31.0 | 19.0 | 725 | 218 | 91.6% |
Top Export Markets for Rye from South Korea in 2022:
- United States (100.0 kg)
This report provides an in-depth analysis of the rye 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 71 - Rye
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
This report provides an in-depth analysis of the rye market in Republic of Korea.
This report provides an in-depth analysis of the grain market in Republic of Korea.
This report provides an in-depth analysis of the global rye market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the rye market in Republic of Korea.
This report provides an in-depth analysis of the global rye market.
Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
Global rye consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the countries with the highest levels of rye production were Germany (X thousand tons), Russia (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
Poland dominates in the global rye trade. In 2014, Poland exported X thousand tons of rye totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its total rye exports in value terms,
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
Global rye consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the countries with the highest levels of rye production were Germany (X thousand tons), Russia (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.