Republic of Korea: Potato Chips Market 2020

Potato Chips Market Size in Republic of Korea

The revenue of the potato chips market in South Korea amounted to $X in 2017, falling by -X% against the previous year. In general, potato chips consumption continues to indicate a drastic reduction. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. South Korea potato chips consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Potato Chips Production in Republic of Korea

In 2017, the amount of potato chips produced in South Korea totaled X tons, falling by -X% against the previous year. Overall, potato chips production continues to indicate a deep drop. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. South Korea potato chips production peaked of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Potato Chips Exports from Republic of Korea

In 2017, approx. X tons of potato chips were exported from South Korea; jumping by X% against the previous year. In general, potato chips exports continue to indicate a prominent increase. The growth pace was the most rapid in 2012, when it surged by X% year-to-year. South Korea exports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, potato chips exports amounted to $X in 2017. Overall, potato chips exports continue to indicate a remarkable increase. Over the period under review, the potato chips exports attained its maximum level in 2017, and are likely to see steady growth in the near future.

Potato Chips Exports by Country from Republic of Korea

In 2017, the Netherlands (X tons), distantly followed by Belgium (X tons), the U.S. (X tons), Germany (X tons), the UK (X tons), Poland (X tons) and Spain (X tons) represented the largest exporters of potato chips, together generating X% of total exports. Mexico (X tons), France (X tons), Canada (X tons), Russia (X tons) and Iran (X tons) took the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. The UK, Germany, Poland, Canada, Mexico, Spain, France, Iran, Russia and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries , Iran (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Potato Chips Export Prices by Country in Republic of Korea

In 2017, the potato chips export price in South Korea amounted to $X per kg, coming up by X% against the previous year. Overall, potato chips export price continues to indicate a prominent growth. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. South Korea export price peaked in 2017, and is likely to see steady growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

Potato Chips Imports into Republic of Korea

In 2017, approx. X tons of potato chips were imported into South Korea; falling by -X% against the previous year. In general, potato chips imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. South Korea imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, potato chips imports amounted to $X in 2017. In general, potato chips imports continue to indicate a relatively flat trend pattern. In that year, the potato chips imports attained their peak level of $X. From 2016 to 2017, growth of the potato chips imports failed to regain its momentum.

Potato Chips Imports by Country into Republic of Korea

Germany (X tons) and France (X tons) represented the key importers of potato chips in 2017, resulting at near X% and X% of total imports, respectively. It was distantly followed by the UK (X tons), the U.S. (X tons) and Belgium (X tons), together making up X% share of total imports. The Netherlands (X tons), Canada (X tons), Ireland (X tons), Spain (X tons), Italy (X tons), Sweden (X tons) and Denmark (X tons) occupied the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

The U.S. (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Potato Chips Import Prices by Country in Republic of Korea

The potato chips import price in South Korea stood at $X per ton in 2017, dropping by -X% against the previous year. Overall, potato chips import price continues to indicate a strong growth. The growth pace was the most rapid in 2015, when the import prices increased by X% against the previous year. In that year, the import prices for potato chips reached their peak level of $X per ton. From 2016 to 2017, growth of the import prices for potato chips stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform