Republic of Korea - Frozen Poultry Livers and Offal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Frozen Poultry Liver Market 2025
Frozen Poultry Liver Market Size in Republic of Korea
The South Korean frozen poultry liver market soared to $X in 2022, growing by 43% against the previous year. Over the period under review, consumption posted a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Frozen Poultry Liver Production in Republic of Korea
In value terms, frozen poultry liver production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 142% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.
Frozen Poultry Liver Exports
Exports from Republic of Korea
After two years of decline, overseas shipments of frozen poultry livers and offal increased by 18% to X tons in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 1,278%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, frozen poultry liver exports soared to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 875% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Vietnam (X tons) was the main destination for frozen poultry liver exports from South Korea, with a 99% share of total exports. It was followed by Hong Kong SAR (X tons), with a 1.2% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at +3.1%.
In value terms, Vietnam ($X) remains the key foreign market for frozen poultry livers and offal exports from South Korea, comprising 99% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 1.2% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to +3.2%.
Export Prices by Country
In 2022, the average frozen poultry liver export price amounted to $X per ton, picking up by 8.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.1%).
Frozen Poultry Liver Imports
Imports into Republic of Korea
In 2022, the amount of frozen poultry livers and offal imported into South Korea surged to X tons, with an increase of 22% against 2021 figures. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, frozen poultry liver imports soared to $X in 2022. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Brazil (X tons) constituted the largest frozen poultry liver supplier to South Korea, accounting for a 87% share of total imports. Moreover, frozen poultry liver imports from Brazil exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 2.8% share.
From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+310.2% per year) and the United States (-21.2% per year).
In value terms, Brazil ($X) constituted the largest supplier of frozen poultry livers and offal to South Korea, comprising 86% of total imports. The second position in the ranking was taken by Thailand ($X), with a 10% share of total imports. It was followed by the United States, with a 1.8% share.
From 2012 to 2022, the average annual growth rate of value from Brazil totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+232.8% per year) and the United States (-21.6% per year).
Import Prices by Country
In 2022, the average frozen poultry liver import price amounted to $X per ton, with an increase of 37% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen poultry liver 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 10122080 - Frozen poultry livers
- Prodcom 10124050 - Frozen poultry offal (excluding liver)
- Prodcom 10124053 -
- Prodcom 10124055 -
- Prodcom 10124057 -
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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