What is the price of beer per kilogram/pound in South Korea today?
The retail price range for South Korea beer is between US$ 0.73 and US$ 1.18 per kilogram or between US$ 0.33 and US$ 0.54 per pound(lb). Click here to see today's exact prices of beer in South Korea
The retail price range in South Korean won for beer is between KRW 973.35 and KRW 1,578.40 per kilogram or between KRW 441.43 and KRW 715.83 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea beer is between US$ 0.51 and US$ 0.83 per kilogram or between US$ 0.23 and US$ 0.38 per pound(lb).
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South Korea Beer Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beer from South Korea over the last five years has been relatively stable. In 2017, the price was 0.85 US $ per kg, followed by 0.89 US $ per kg in 2018, 0.90 US $ per kg in 2019, 0.96 US $ per kg in 2020, and 1.09 US $ per kg in 2021. This indicates a steady increase in the export price of Beer from South Korea over the last five years. Based on this trend, it is predicted that the export price of Beer from South Korea in 2023 will be around 1.21 US $ per kg and in 2024 it will be around 1.28 US $ per kg.South Korea Beer Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beer into South Korea has seen a steady increase over the past five years. In 2017, the import price was 0.85 US $ per kg, and this increased to 0.89 US $ per kg in 2018. In 2019, the import price rose to 0.90 US $ per kg, and further increased to 0.96 US $ per kg in 2020. The import price saw a significant jump in 2021, reaching 1.09 US $ per kg. This year, the import price has further increased to 1.15 US $ per kg. Based on this trend, it is likely that the import price of Beer into South Korea will reach 1.21 US $ per kg in 2023 and 1.27 US $ per kg in 2024.Export values for South Korea beer
The total values in export for beer in South Korea were US$ 91,195, US$ 405,635, US$ 504,070 and US$ 510,302 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Korea: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beer in other countries across Asia: Kazakhstan beer, Kyrgyzstan beer, Tajikistan beer, Turkmenistan beer, Uzbekistan beer, China beer, Hong Kong beer, Macao beer, North Korea beer & Mongolia beer.
South Korea beer - Production, Exports, Imports, Seasons and HS Codes
The volume of beer exported by South Korea in 2020 was 458,158 metric tons. In 2019 South Korea exported 566,636 tonnes of beer. In 2019 alone, the demand for South Korea beer (processed category) has decreased, with a change of -0.4873457 pc compared to the year 2018. Between 2017 and 2019, beer's exports went up by 19.05 percent earning the country US$510.30m for the year 2019. South Korea's beer exports are categorised as:
- Non-alcoholic beer <= 0.5% vol alc (HS code 220291)
- Beer made from malt (HS code 220300)
- Non-alcoholic beverages (excl. water, fruit or vegetable juices, milk and beer) (HS code 220299)
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South Korea beer export values
In 2019, South Korea supplied beer with a value of 510.30m USD, a surge of 1.24% from 2018's total beer export of 504.07m USD. The yearly increase in value of South Korea beer between 2017 to 2018 was 24.267%.
The per year variation in the volume of South Korea's beer exports between 2017 and 2019 was 19.05 percent compared to a variation of -0.4873457% in the period between 2018 and 2019.
South Korea's portion of the world's total beer's exports in 2019 was less than 1%. South Korea is ranked position 36 in world exports of beer.
Export markets for South Korea beer ( in '000$ )
Import/Export Trends
South Korea is a net exporter of beer. The annual growth of South Korea beer in value between 2015 to 2019 was 105%, per year, while annual growth in quantity was %, per annum.
South Korea bought 405,095 tonnes of beer in 2019.