Report Update Nov 1, 2024

Republic of Korea - Broken Rice - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Broken Rice Market 2020

Broken Rice Exports

Exports from Republic of Korea

Broken rice exports from South Korea stood at X tons in 2018, surging by X% against the previous year. In general, broken rice exports, however, continue to indicate a measured contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at X tons in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, broken rice exports amounted to $X in 2018. Overall, broken rice exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, broken rice exports reached their peak figure at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for broken rice exports from South Korea, accounting for a X% share of total exports. Moreover, broken rice exports to Australia exceeded the volume sent to the second major destination, the UK (X tons), fivefold. Micronesia (Federated States of) (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Australia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Micronesia (Federated States of) (-X% per year).

In value terms, the largest markets for broken rice exported from South Korea were Slovakia ($X), Australia ($X) and the UK ($X), with a combined X% share of total exports. These countries were followed by France, Italy, New Zealand, Turkey, the U.S., Mauritius, Micronesia (Federated States of), Guatemala and Ghana, which together accounted for a further X recorded the highest rates of growth with regard to market size, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average broken rice export price stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the broken rice export price continues to indicate remarkable growth. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. In that year, the average export prices for broken rice attained their peak level of $X per ton. From 2016 to 2018, the growth in terms of the average export prices for broken rice remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Ghana ($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 Micronesia (Federated States of), while the prices for the other major destinations experienced more modest paces of growth.

Broken Rice Imports

Imports into Republic of Korea

In 2018, the broken rice imports into South Korea stood at X tons, growing by X% against the previous year. Overall, broken rice imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. In that year, broken rice imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, broken rice imports stood at $X in 2018. In general, broken rice imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, broken rice imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X kg) constituted the largest broken rice supplier to South Korea, accounting for a X% share of total imports. Moreover, broken rice imports from the U.S. exceeded the figures recorded by the second-largest supplier, Vietnam (X kg), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-X% per year) and Mauritius (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of broken rice to South Korea, comprising X% of total broken rice imports. The second position in the ranking was occupied by Mauritius ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mauritius (+X% per year) and Vietnam (-X% per year).

Import Prices by Country

The average broken rice import price stood at $X per ton in 2018, declining by -X% against the previous year. In general, the broken rice import price continues to indicate a temperate decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. In that year, the average import prices for broken rice reached their peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Mauritius ($X per ton), while the price for the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mauritius, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the broken 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 10611250 - Broken rice (including enriched rice, parboiled 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023