What is the price of cheese per kilogram/pound in South Korea today?
The retail price range for South Korea cheese is between US$ 4.53 and US$ 8.57 per kilogram or between US$ 2.06 and US$ 3.89 per pound(lb). Click here to see today's exact prices of cheese in South Korea
The retail price range in South Korean won for cheese is between KRW 6,043.79 and KRW 11,430.64 per kilogram or between KRW 2,740.95 and KRW 5,183.96 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea cheese is between US$ 3.17 and US$ 6.00 per kilogram or between US$ 1.44 and US$ 2.72 per pound(lb).
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South Korea Cheese Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cheese from South Korea over the last five years has been quite volatile. In 2017, the price was 8.48 US dollars per kg, before dropping to 8.33 US dollars per kg in 2018. In 2019, the price decreased further to 7.66 US dollars per kg, before increasing to 7.99 US dollars per kg in 2020. The price then dropped to 7.22 US dollars per kg in 2021, before increasing again to 7.83 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Cheese from South Korea in 2023 will be around 7.45 US dollars per kg, and in 2024 will be around 8.20 US dollars per kg.The South Korea cheese exports are categorised as:
- Grated or powdered cheese, of all kinds (HS code 040620)
- Fresh cheese "unripened or uncured cheese", incl. whey cheese, and curd (HS code 040610)
- Cheese (excluding fresh cheese, incl. whey cheese, curd, processed cheese, blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti", and grated or powdered cheese) (HS code 040690)
- Processed cheese, not grated or powdered (HS code 040630)
- Blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti" (HS code 040640)
South Korea Cheese Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cheese into South Korea over the last five years has been quite volatile. In 2017, the price was 8.48 US dollars per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 8.33 US dollars per kg. In 2019, the price dropped further to 7.66 US dollars per kg, and then increased to 7.99 US dollars per kg in 2020. The price then dropped again to 7.22 US dollars per kg in 2021, before increasing to 7.83 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Cheese into South Korea in 2023 will be around 7.50 US dollars per kg, and in 2024 it will be around 8.00 US dollars per kg.Export values for South Korea cheese
The total values in export for cheese in South Korea were US$ 2,657, US$ 2,723, US$ 2,183 and US$ 3,702 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, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of cheese in other countries across Asia: Kazakhstan cheese, Kyrgyzstan cheese, Tajikistan cheese, Turkmenistan cheese, Uzbekistan cheese, China cheese, Hong Kong cheese, Macao cheese, North Korea cheese & Mongolia cheese.
South Korea cheese - Production, Exports, Imports, Seasons and HS Codes
The amount of cheese shipped by South Korea in 2020 was 744 metric tons. In 2019 South Korea sold 483 tonnes of cheese. For 2019 alone, the interest in South Korea cheese (processed category) has increased, changing by 84.351 percent compared to the year 2018. Between 2017 and 2019, cheese's exports went up by 50.47% bringing the exporter US$3.70m for the year 2019. South Korea's cheese exports are categorised as:
- Blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti" (HS code 040640)
- Processed cheese, not grated or powdered (HS code 040630)
- Cheese (excluding fresh cheese, incl. whey cheese, curd, processed cheese, blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti", and grated or powdered cheese) (HS code 040690)
- Grated or powdered cheese, of all kinds (HS code 040620)
- Fresh cheese "unripened or uncured cheese", incl. whey cheese, and curd (HS code 040610)
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South Korea cheese export values
In 2019, South Korea supplied cheese valued at 3.70m USD, an increment of 69.49% from 2018's total cheese export of 2.183m USD. The annual change in value of South Korea cheese between 2017 to 2018 was -19.831 per cent.
The annual/yearly change in the amount of South Korea's cheese exports between 2017 and 2019 was 50.47 percent compared to a variation of 84.351% in the period between 2018 and 2019.
Export markets for South Korea cheese ( in '000$ )
South Korea's top destinations for cheese are China, the Philippines, Hong Kong, Vietnam and US.
South Korea bought 131,354 tonnes of cheese in 2019.