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Report Republic of Korea - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Republic of Korea - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Poppy Seed Market 2025

Poppy Seed Market Size in Republic of Korea

For the third year in a row, the South Korean poppy seed market recorded growth in sales value, which increased by 36% to $X in 2022. Over the period under review, consumption posted strong growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Poppy Seed Exports

Exports from Republic of Korea

In 2013, approx. X tons of poppy seed were exported from South Korea; which is down by -92.1% compared with the year before. Overall, exports faced a precipitous setback. Over the period under review, the exports attained the maximum at X tons in 2012, and then declined markedly in the following year.

In value terms, poppy seed exports dropped dramatically to $X in 2013. Over the period under review, exports faced a sharp setback. Over the period under review, the exports reached the peak figure at $X in 2012, and then contracted remarkably in the following year.

Exports by Country

Belgium (X tons) was the main destination for poppy seed exports from South Korea, with a approx. 100% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to Belgium was relatively modest.

In value terms, Belgium ($X) emerged as the key foreign market for poppy seed exports from South Korea.

From 2012 to 2013, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

In 2013, the average poppy seed export price amounted to $X per ton, with an increase of 68% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2013, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Poppy Seed Imports

Imports into Republic of Korea

In 2022, poppy seed imports into South Korea surged to X tons, jumping by 36% compared with 2021. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 301% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, poppy seed imports soared to $X in 2022. Over the period under review, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 192%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest poppy seed supplier to South Korea, with a 86% share of total imports. Moreover, poppy seed imports from China exceeded the figures recorded by the second-largest supplier, Chile (X kg), eightfold. The third position in this ranking was taken by Italy (X kg), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +42.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+95.3% per year) and Italy (+15.2% per year).

In value terms, China ($X) constituted the largest supplier of poppy seed to South Korea, comprising 84% of total imports. The second position in the ranking was taken by Chile ($X), with a 10% share of total imports. It was followed by Italy, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+99.3% per year) and Italy (+8.8% per year).

Import Prices by Country

In 2022, the average poppy seed import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price faced a abrupt contraction. The growth pace was the most rapid in 2014 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of poppy seed consumption was Turkey, accounting for 22% of total volume. Moreover, poppy seed consumption in Turkey exceeded the figures recorded by the second-largest consumer, Germany, threefold. Poland ranked third in terms of total consumption with a 6.6% share.
The countries with the highest volumes of poppy seed production in 2020 were Turkey, the Czech Republic and Spain, together comprising 58% of global production. These countries were followed by Australia, China, France, Hungary, Croatia, Slovakia, Germany, Austria and Palestine, which together accounted for a further 36%.
In value terms, China constituted the largest supplier of poppy seed to South Korea, comprising 83% of total imports. The second position in the ranking was occupied by the United States, with a 14% share of total imports.
In value terms, India remains the key foreign market for poppy seed exports from South Korea.
The average poppy seed export price stood at $1,712 per ton in 2012, which is down by -11.6% against the previous year.
In 2020, the average poppy seed import price amounted to $7,189 per ton, growing by 1.9% against the previous year.

This report provides an in-depth analysis of the poppy seed 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 296 - Poppy seed

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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