Price for Cereals; Rye, Other than Seed in South Korea - 2022
Contents:
- Price for Cereals; Rye, Other than Seed in South Korea (CIF) - 2022
- Price for Cereals; Rye, Other than Seed in South Korea (FOB) - 2022
- Imports of Cereals; Rye, Other than Seed in South Korea
- Exports of Cereals; Rye, Other than Seed in South Korea
Price for Cereals; Rye, Other than Seed in South Korea (CIF) - 2022
The average import price for cereals; rye, other than seeds stood at $647 per ton in 2022, rising by 59% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $668 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($646 per ton), while the price for Germany amounted to $581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%).
Price for Cereals; Rye, Other than Seed in South Korea (FOB) - 2022
In 2022, the average export price for cereals; rye, other than seeds amounted to $2,180 per ton, dropping by -9.8% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 69% against the previous year. The export price peaked at $5,892 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -9.8% per year.
Imports of Cereals; Rye, Other than Seed in South Korea
In 2022, approx. 273 tons of cereals; rye, other than seeds were imported into South Korea; with a decrease of -46.5% against the year before. Over the period under review, imports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 50%.
In value terms, cereals; rye, other than seed imports shrank rapidly to $177K in 2022. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Cereals; Rye, Other than Seed in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 296 | 116 | 145 | 176 | -15.9% |
| Germany | 78.2 | 56.2 | 59.9 | N/A | -12.5% |
| Others | 26.1 | 3.1 | 3.0 | N/A | -66.1% |
| Total | 401 | 175 | 208 | 177 | -23.9% |
Top Suppliers of Cereals; Rye, Other than Seed to South Korea in 2022:
- Canada (273.0 tons)
- Germany (0.1 tons)
Exports of Cereals; Rye, Other than Seed in South Korea
In 2022, after two years of growth, there was significant decline in shipments abroad of cereals; rye, other than seeds, when their volume decreased by -66.7% to 100 kg. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 2,043%. As a result, the exports attained the peak of 300 kg, and then fell dramatically in the following year.
In value terms, cereals; rye, other than seed exports dropped rapidly to $218 in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 3,525%. As a result, the exports reached the peak of $725, and then fell sharply in the following year.
| Export of Cereals; Rye, Other than Seed in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | N/A | 725 | 218 | -69.9% | |
| New Zealand | 1.0 | N/A | N/A | 0% | |
| Others | 19.0 | N/A | N/A | 0% | |
| Total | 20.0 | 725 | 218 | 230.2% | |
Top Export Markets for Cereals; Rye, Other than Seed from South Korea in 2022:
- United States (100.0 kg)
546
This report provides an in-depth analysis of the rye market in Republic of Korea.
694
This report provides an in-depth analysis of the grain market in Republic of Korea.
2007
This report provides an in-depth analysis of the global rye market.
4008
This report provides an in-depth analysis of the global grain market.
546
This report provides an in-depth analysis of the rye market in Republic of Korea.
2007
This report provides an in-depth analysis of the global rye market.
244
Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
645
In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
4530
Global rye consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
2286
In 2015, the countries with the highest levels of rye production were Germany (X thousand tons), Russia (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
1490
Poland dominates in the global rye trade. In 2014, Poland exported X thousand tons of rye totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its total rye exports in value terms,
284
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
244
Discover the top import markets for rye and gain insights into their import values. Germany, the United States, Spain, Tanzania, and the Netherlands lead the way in rye imports.
645
In 2020, the global rye imports rose by 54% y-o-y, owing primarily to the increased supplies to Germany. Over the last year, this country ramped up its imports nearly twofold, from 484 tons to 902 tons, and remains the major rye importer worldwide. Near 87% of imported rye came to Germany from Poland, the leading global exporter.
4530
Global rye consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
2286
In 2015, the countries with the highest levels of rye production were Germany (X thousand tons), Russia (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
