What is the price of strawberries per kilogram/pound in South Korea today?
The retail price range for South Korea strawberries is between US$ 9.00 and US$ 38.86 per kilogram or between US$ 4.08 and US$ 17.62 per pound(lb). Click here to see today's exact prices of strawberries in South Korea
The retail price range in South Korean won for strawberries is between KRW 12,002.36 and KRW 51,813.47 per kilogram or between KRW 5,443.25 and KRW 23,498.17 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea strawberries is between US$ 6.30 and US$ 27.20 per kilogram or between US$ 2.86 and US$ 12.34 per pound(lb).
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South Korea Strawberries Export Prices - Historical, Trends and Prediction
The export price per kilogram of Strawberries from South Korea over the last five years has been quite volatile. In 2017, the price was 8.61 US dollars per kg, followed by a slight increase to 9.73 US dollars per kg in 2018. However, in 2019, the price dropped to 9.48 US dollars per kg. In 2020, the price rose significantly to 11.14 US dollars per kg, and then further increased to 13.28 US dollars per kg in 2021. The latest data shows that the export price per kilogram of Strawberries from South Korea is 14.57 US dollars per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Strawberries from South Korea will be around 15.90 US dollars per kg in 2023 and 17.20 US dollars per kg in 2024.The exports of strawberries from South Korea are categorised as:
- Frozen strawberries, uncooked or cooked by steaming or boiling in water, whether or not sweetened (HS code 081110)
- Strawberries, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 081220)
- Strawberries, prepared or preserved, whether or not containing added sugar or other sweetening matter or spirit, n.e.s. (HS code 200880)
- Fresh strawberries (HS code 081010)
South Korea Strawberries Import Prices - Historical, Trends and Prediction
The import price per kilogram of Strawberries into South Korea has seen a steady increase over the last five years. In 2016, the price was 8.27 US dollars per kg, and by 2021, it had risen to 13.28 US dollars per kg. The highest price was recorded in 2021, when the import price was 13.28 US dollars per kg. This was followed by a slight decrease in 2022, when the price was 14.57 US dollars per kg. Based on this trend, it is predicted that the import price of Strawberries into South Korea will continue to increase in 2023 and 2024, with an estimated price of 15.80 US dollars per kg and 17.13 US dollars per kg respectively.Export values for South Korea strawberries
The total values in export for strawberries in South Korea were US$ 34,124, US$ 43,977, US$ 48,006 and US$ 54,481 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in South Korea: Olives, Pumpkins, squash and gourds, Sweetcorn, Bananas, Dates, Figs, Pineapples, Avocados, Mangoes & Oranges.
See prices of strawberries in other countries across Asia: Kazakhstan strawberries, Kyrgyzstan strawberries, Tajikistan strawberries, Turkmenistan strawberries, Uzbekistan strawberries, China strawberries, Hong Kong strawberries, Macao strawberries, North Korea strawberries & Mongolia strawberries.
South Korea strawberries - Production, Exports, Imports, Seasons and HS Codes
The volume of strawberries sold by South Korea in 2020 was 4,825 metric tons. In 2019 South Korea shipped 5,744 tonnes of strawberries. For the year 2019 alone, the demand for South Korea strawberries (fruits category) has surged, changing by 16.393 per cent compared to the year 2018. Between 2017 and 2019, strawberries' exports went up by 12.43% earning the exporter US$54.48m for the year 2019. South Korea's strawberries exports are categorised as:
- Frozen strawberries, uncooked or cooked by steaming or boiling in water, whether or not sweetened (HS code 081110)
- Fresh strawberries (HS code 081010)
- Strawberries, provisionally preserved, e.g. by sulphur dioxide gas, in brine, in sulphur water or in other preservative solutions, but unsuitable in that state for immediate consumption (HS code 081220)
- Strawberries, prepared or preserved, whether or not containing added sugar or other sweetening matter or spirit, n.e.s. (HS code 200880)
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South Korea strawberries export values
In 2019, South Korea shipped strawberries costing 54.48m USD, an increment of 13.49% from 2018's total strawberries export of 48.006m USD. The yearly change in value of South Korea strawberries between 2017 to 2018 was 9.162 pc.
The annual change in the volume of South Korea's strawberries exports between 2017 and 2019 was 12.43 percent compared to a variation of 16.393% in the period between 2018 and 2019.
South Korea's stake of the world's total strawberries' exports in 2019 was 2.5 pc. The country is ranked number 8 in world exports of strawberries.
Export markets for South Korea strawberries ( in '000$ )
South Korea's best performing export markets for strawberries are Hong Kong, Singapore, Thailand, Vietnam and Malaysia.
Import/Export Trends
South Korea is a net exporter of strawberries. The annual growth of South Korea strawberries in value between 2015 to 2019 was -11%, per annum, while annual growth in quantity was -17%, per annum.
South Korea brought in 9,447 tonnes of strawberries in 2019.
Production
The production of strawberries in South Korea was 771,884 tonnes in 2019 and is projected to change by an average of 5.08%. The country had approximately 24,848.00 hectares under strawberries cultivation.