What is the price of chrysanthemums per kilogram/pound in South Korea today?
The retail price range for South Korea chrysanthemums is between US$ 4.95 and US$ 8.41 per kilogram or between US$ 2.24 and US$ 3.82 per pound(lb). Click here to see today's exact prices of chrysanthemums in South Korea
The retail price range in South Korean won for chrysanthemums is between KRW 6,598.67 and KRW 11,217.73 per kilogram or between KRW 2,992.59 and KRW 5,087.41 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea chrysanthemums is between US$ 3.46 and US$ 5.89 per kilogram or between US$ 1.57 and US$ 2.67 per pound(lb).
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South Korea Chrysanthemums Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chrysanthemums from South Korea has seen a steady increase over the last five years. In 2017, the export price was 7.73 US $ per kg, and in 2021, it was 8.16 US $ per kg. The highest export price was recorded in 2020, at 8.50 US $ per kg. The lowest export price was recorded in 2022, at 6.29 US $ per kg. Based on the current trend, it is predicted that the export price for Chrysanthemums from South Korea in 2023 will be 8.71 US $ per kg, and in 2024, it will be 8.93 US $ per kg.South Korea Chrysanthemums Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chrysanthemums into South Korea has been relatively stable over the last five years. In 2016, the price was 7.53 US dollars per kg, followed by 7.73 US dollars per kg in 2017. In 2018, the price increased to 8.48 US dollars per kg, before dropping to 7.63 US dollars per kg in 2019. The price then rose again to 8.50 US dollars per kg in 2020, before dropping to 8.16 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Chrysanthemums into South Korea was 6.29 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Chrysanthemums into South Korea will remain relatively stable in the next two years. We predict that the import price per kilogram of Chrysanthemums into South Korea will be around 6.50 US dollars per kg in 2023 and 6.75 US dollars per kg in 2024.Export values for South Korea chrysanthemums
The total values in export for chrysanthemums in South Korea were US$ 2,160, US$ 1,948, US$ 1,441 and US$ 1,000 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Flowers category in South Korea: Roses, Roses , Carnations, Orchids, Lilies & Fresh Cut Flowers.
See prices of chrysanthemums in other countries across Asia: Kazakhstan chrysanthemums, Kyrgyzstan chrysanthemums, Tajikistan chrysanthemums, Turkmenistan chrysanthemums, Uzbekistan chrysanthemums, China chrysanthemums, Hong Kong chrysanthemums, Macao chrysanthemums, North Korea chrysanthemums & Mongolia chrysanthemums.
South Korea chrysanthemums - Production, Exports, Imports, Seasons and HS Codes
The amount of chrysanthemums shipped by South Korea in 2020 was 108 metric tonnes. In 2019 South Korea sold 131 tonnes of chrysanthemums. For the year 2019 alone, the market for South Korea chrysanthemums (flowers category) has gone down, recording a change of -22.941 % compared to the year 2018. Between 2017 and 2019, chrysanthemums' exports reduced by -48.02 pc netting South Korea US$1.00m for the year 2019. South Korea's chrysanthemums exports are classified as:
- Fresh cut chrysanthemums and buds, of a kind suitable for bouquets or for ornamental purposes (HS code 060314)
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South Korea chrysanthemums export values
In 2019, South Korea exported chrysanthemums worth 1.00m USD, a contraction of -30.60% from 2018's total chrysanthemums export of 1.441m USD. The yearly change in value of South Korea chrysanthemums between 2017 to 2018 was -26.027 per cent.
The annual/yearly variation in the volume of South Korea's chrysanthemums exports between 2017 and 2019 was -48.02% in comparison to a variation of -22.941% in the period between 2018 and 2019.
South Korea's stake of the world's total chrysanthemums' exports in 2019 was less than 1%. South Korea is ranked number 19 in world exports of chrysanthemums.
Export markets for South Korea chrysanthemums ( in '000$ )
Import/Export Trends
South Korea is a net exporter of chrysanthemums. The annual growth of South Korea chrysanthemums in value between 2015 to 2019 was 145%, per annum, while annual growth in quantity for the same period was 164%, per annum.
South Korea purchased 5,785 tonnes of chrysanthemums in 2019.