Republic of Korea: Preserved Vegetable Market 2020

Preserved Vegetable Market Size in Republic of Korea

The revenue of the preserved vegetable market in South Korea amounted to $X in 2017, jumping by X% against the previous year. In general, preserved vegetable consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. South Korea preserved vegetable consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Preserved Vegetable Production in Republic of Korea

Preserved vegetable production in South Korea amounted to X kg in 2017, approximately mirroring the previous year. In general, preserved vegetable production continues to indicate a relatively flat trend pattern.

Preserved Vegetable Exports from Republic of Korea

In 2017, approx. X tons of vegetables (preserved) were exported from South Korea; therefore, remained relatively stable against the previous year. Overall, preserved vegetable exports continue to indicate a mild deduction. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the preserved vegetable exports reached its maximum volume of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, preserved vegetable exports amounted to $X in 2017. Overall, preserved vegetable exports continue to indicate a modest expansion. In that year, the preserved vegetable exports reached their peak level of $X. From 2011 to 2017, growth of the preserved vegetable exports stood at a somewhat lower level.

Preserved Vegetable Exports by Country from Republic of Korea

Belgium (X tons) and the Netherlands (X tons) represented the main exporters of vegetables (preserved) in 2017, amounting to near X% and X% of total exports, respectively. The U.S. (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Canada (X%). The following exporters - Germany (X tons), France (X tons), Poland (X tons), Argentina (X tons) and China (X tons) together made up X% 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 Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved vegetable markets worldwide were Belgium ($X), the Netherlands ($X) and the U.S. ($X), with a combined X% share of total exports.

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

Preserved Vegetable Export Prices by Country in Republic of Korea

In 2017, the preserved vegetable export price in South Korea amounted to $X per ton, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. South Korea export price peaked in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per ton), while Belgium ($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 Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Preserved Vegetable Imports into Republic of Korea

In 2017, preserved vegetable imports into South Korea stood at X tons, coming up by X% against the previous year. In general, preserved vegetable imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. South Korea imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, preserved vegetable imports stood at $X in 2017. Overall, preserved vegetable imports continue to indicate a strong expansion. South Korea imports peaked in 2017, and are expected to retain its growth in the near future.

Preserved Vegetable Imports by Country into Republic of Korea

In 2017, the U.S. (X tons), followed by the UK (X tons), France (X tons), Japan (X tons), the Netherlands (X tons) and Brazil (X tons) were the key importers of vegetables (preserved), together comprising X% of total imports. Germany (X tons), Saudi Arabia (X tons), Italy (X tons), Belgium (X tons), Spain (X tons) and Mexico (X tons) took 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 Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved vegetable markets worldwide were the U.S. ($X), Japan ($X) and the UK ($X), together accounting for X% of total imports. France, Germany, Brazil, the Netherlands, Italy, Saudi Arabia, Spain, Belgium, Mexico and South Korea lagged somewhat behind, together comprising a further X%.

Brazil (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Preserved Vegetable Import Prices by Country in Republic of Korea

The preserved vegetable import price in South Korea stood at $X per ton in 2017, approximately reflecting the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. South Korea import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform