Republic of Korea: Preserved Fruit Market 2020

Preserved Fruit Market Size in Republic of Korea

The revenue of the preserved fruit market in South Korea amounted to $X in 2017, falling by -X% against the previous year. Overall, preserved fruit consumption continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the preserved fruit market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Preserved Fruit Production in Republic of Korea

In 2017, approx. X kg of preserved fruits were produced in South Korea; approximately equating the previous year. In general, preserved fruit production continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the preserved fruit production reached their peak volume of X tons. From 2009 to 2017, growth of the preserved fruit production failed to regain its momentum.

Preserved Fruit Exports from Republic of Korea

In 2017, preserved fruit exports from South Korea stood at X tons, falling by -X% against the previous year. In general, preserved fruit exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2016, when exports increased by X% y-o-y. South Korea exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, preserved fruit exports amounted to $X in 2017. Overall, preserved fruit exports continue to indicate an abrupt reduction. South Korea exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Preserved Fruit Exports by Country from Republic of Korea

In 2017, China (X tons) and Thailand (X tons) were the key exporters of preserved fruits in the globe, together accounting for approx. X% of total exports. Italy (X tons) ranks second in terms of the global exports with a X% share, followed by Mexico (X%). The Netherlands (X tons), the United Arab Emirates (X tons), the U.S. (X tons), France (X tons) and Spain (X tons) followed a long way behind the leaders.

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

In value terms, China ($X), Thailand ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports. The Netherlands, France, Mexico, the U.S., Spain, the United Arab Emirates and South Korea lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Preserved Fruit Export Prices by Country in Republic of Korea

The preserved fruit export price in South Korea stood at $X per ton in 2017, picking up by X% against the previous year. In general, preserved fruit export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. In that year, the export prices for preserved fruits reached their peak level of $X per ton. From 2013 to 2017, growth of the export prices for preserved fruits stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per ton), while Mexico ($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 Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Preserved Fruit Imports into Republic of Korea

In 2017, approx. X tons of preserved fruits were imported into South Korea; waning by -X% against the previous year. In general, preserved fruit imports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the preserved fruit imports attained their peak volume of X tons. From 2015 to 2017, growth of the preserved fruit imports failed to regain its momentum.

In value terms, preserved fruit imports totaled $X in 2017. Overall, preserved fruit imports continue to indicate a temperate drop. In that year, the preserved fruit imports attained their peak level of $X. From 2015 to 2017, growth of the preserved fruit imports failed to regain its momentum.

Preserved Fruit Imports by Country into Republic of Korea

The imports of the twelve major importers of preserved fruits, namely the U.S., Russia, the UK, Thailand, Germany, Malaysia, Japan, the Philippines, France, Canada, Italy and Singapore, represented more than half of total import.

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

In value terms, the largest preserved fruit markets worldwide were the Philippines ($X), the UK ($X) and Russia ($X), together accounting for X% of total imports.

The Philippines (+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.

Preserved Fruit Import Prices by Country in Republic of Korea

In 2017, the preserved fruit import price in South Korea amounted to $X per ton, lowering by -X% against the previous year. In general, the import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the preserved fruit import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, an increase of X% against the previous year. South Korea import price peaked of $X per ton in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per ton), while Thailand ($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 Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform