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Republic of Korea - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Brown Rice Market 2020
Brown Rice Exports
Exports from Republic of Korea
Brown rice exports from South Korea stood at X tons in 2018, jumping by X% against the previous year. In general, brown rice exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. In that year, brown rice exports attained their peak of X tons. From 2012 to 2018, the growth of brown rice exports remained at a somewhat lower figure.
In value terms, brown rice exports amounted to $X in 2018. Overall, brown rice exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, brown rice exports attained their maximum at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.
Exports by Country
China, Hong Kong SAR (X tons), the U.S. (X tons) and Canada (X tons) were the main destinations of brown rice exports from South Korea, with a combined X% share of total exports. Mongolia, Trinidad and Tobago and Australia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Trinidad and Tobago, while exports for the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) remains the key foreign market for brown rice exports from South Korea, comprising X% of total brown rice exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of total exports. It was followed by China, Hong Kong SAR, with a X% share.
From 2007 to 2018, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mongolia (+X% per year) and China, Hong Kong SAR (+X% per year).
Export Prices by Country
The average brown rice export price stood at $X per ton in 2018, going up by X% against the previous year. In general, the brown rice export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2015; however, from 2016 to 2018, export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Australia ($X per ton), while the average price for exports to China, Hong Kong SAR ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports
Imports into Republic of Korea
Brown rice imports into South Korea amounted to X tons in 2018, jumping by X% against the previous year. In general, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, brown rice imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.
In value terms, brown rice imports totaled $X in 2018. Over the period under review, brown rice imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. In that year, brown rice imports attained their peak of $X. From 2012 to 2018, the growth of brown rice imports remained at a lower figure.
Imports by Country
The U.S. (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of brown rice imports to South Korea, together comprising X% of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Vietnam, while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), the U.S. ($X) and Vietnam ($X) constituted the largest brown rice suppliers to South Korea, with a combined X% share of total imports.
Vietnam recorded the highest growth rate of market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the average brown rice import price amounted to $X per ton, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 an increase of X% against the previous year. In that year, the average import prices for husked (brown) rice reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the average import prices for husked (brown) rice remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the brown rice 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:
- Prodcom 10611100 - Husked (brown) rice
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
- 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 VOLUME AND VALUE
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
- 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
- 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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