Republic of Korea: Citrus Fruit Market 2025

Citrus Fruit Market Size in Republic of Korea

The South Korean citrus fruit market fell to $X in 2022, declining by X% against the previous year. In general, consumption continues to indicate a slight curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Citrus Fruit Production in Republic of Korea

In value terms, citrus fruit production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. Citrus fruit production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of citrus fruits in South Korea totaled X tons per ha in 2022, surging by X% on the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average citrus fruit yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The citrus fruit harvested area in South Korea reduced modestly to X ha in 2022, waning by X% compared with the year before. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then declined in the following year.

Citrus Fruit Exports

Exports from Republic of Korea

In 2022, after four years of growth, there was significant decline in shipments abroad of citrus fruits, when their volume decreased by X% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then plummeted in the following year.

In value terms, citrus fruit exports declined markedly to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Russia (X tons) was the main destination for citrus fruit exports from South Korea, accounting for a X% share of total exports. Moreover, citrus fruit exports to Russia exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

In value terms, Russia ($X), Singapore ($X) and Hong Kong SAR ($X) were the largest markets for citrus fruit exported from South Korea worldwide, with a combined X% share of total exports. Canada, the United States, Malaysia, Guam and Mongolia lagged somewhat behind, together comprising a further X%.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Russia ($X 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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Republic of Korea

For the fourth year in a row, South Korea recorded decline in supplies from abroad of citrus fruits, which decreased by X% to X tons in 2022. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, citrus fruit imports fell markedly to $X in 2022. In general, imports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest citrus fruit supplier to South Korea, accounting for a X% share of total imports. Moreover, citrus fruit imports from the United States exceeded the figures recorded by the second-largest supplier, South Africa (X tons), tenfold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Australia (X% per year).

In value terms, the United States ($X) constituted the largest supplier of citrus fruits to South Korea, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Africa ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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