What is the price of cacao (cocoa)paste per kilogram/pound in South Korea today?
The retail price range for South Korea cacao (cocoa)paste is between US$ 12.10 and US$ 17.25 per kilogram or between US$ 5.49 and US$ 7.82 per pound(lb). Click here to see today's exact prices of cacao (cocoa)paste in South Korea
The retail price range in South Korean won for cacao (cocoa)paste is between KRW 16,133.54 and KRW 23,001.63 per kilogram or between KRW 7,316.80 and KRW 10,431.58 per pound(lb) in Seoul and Busan.
Buy Madagascar’s finest cocoa beans! Premium quality at only $6,985/MT. Perfect for exceptional chocolate and confectionery.
Enquire NowWholesale prices
In 2024, the approximate wholesale price range for South Korea cacao (cocoa)paste is between US$ 8.47 and US$ 12.08 per kilogram or between US$ 3.84 and US$ 5.48 per pound(lb).
Related: Kenya Cacao (Cocoa)paste prices, South Africa Cacao (Cocoa)paste prices, Malaysia Cacao (Cocoa)paste prices, Philippines Cacao (Cocoa)paste prices, India Cacao (Cocoa)paste prices, United Arab Emirates (UAE) Cacao (Cocoa)paste prices, Canada Cacao (Cocoa)paste prices, US Cacao (Cocoa)paste prices, Australia Cacao (Cocoa)paste prices, New Zealand Cacao (Cocoa)paste prices, Germany Cacao (Cocoa)paste prices, Netherlands Cacao (Cocoa)paste prices, Spain Cacao (Cocoa)paste prices, United Kingdom (UK) Cacao (Cocoa)paste prices,
Price Finder Tool
Search for prices of South Korea cacao (cocoa)paste and other products in different countries.
South Korea Cacao (cocoa)paste Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cacao (Cocoa)paste from South Korea over the last five years has seen a steady increase. In 2017, the price was 6.08 US $ per kg, followed by a slight dip to 4.90 US $ per kg in 2018. However, the price has been on the rise since then, reaching 5.76 US $ per kg in 2020 and 5.60 US $ per kg in 2021. The latest data shows that the export price per kilogram of Cacao (Cocoa)paste from South Korea is 6.18 US $ per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Cacao (Cocoa)paste from South Korea will be 6.30 US $ per kg in 2023 and 6.42 US $ per kg in 2024.The South Korea cacao (cocoa)paste exports are classified as:
- Cocoa paste, wholly or partly defatted (HS code 180320)
- Cocoa paste (excluding defatted) (HS code 180310)
South Korea Cacao (cocoa)paste Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cacao (Cocoa)paste into South Korea has seen a steady increase over the last five years. In 2016, the price was $6.00, followed by a slight increase to $6.08 in 2017. In 2018, the price dropped to $4.90, before increasing again to $5.07 in 2019. The highest price was recorded in 2020, at $5.76. This was followed by a slight decrease to $5.60 in 2021, before increasing again to $6.18 in 2022. Based on the data, it is predicted that the import price per kilogram of Cacao (Cocoa)paste into South Korea will continue to increase in the next two years. It is expected that the price will reach $6.30 in 2023 and $6.45 in 2024.Export values for South Korea cacao (cocoa)paste
The total values in export for cacao (cocoa)paste in South Korea were US$ 234, US$ 225, US$ 309 and US$ 279 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 cacao (cocoa)paste in other countries across Asia: Kazakhstan cacao (cocoa)paste, Kyrgyzstan cacao (cocoa)paste, Tajikistan cacao (cocoa)paste, Turkmenistan cacao (cocoa)paste, Uzbekistan cacao (cocoa)paste, China cacao (cocoa)paste, Hong Kong cacao (cocoa)paste, Macao cacao (cocoa)paste, North Korea cacao (cocoa)paste & Mongolia cacao (cocoa)paste.
South Korea cacao (cocoa)paste - Production, Exports, Imports, Seasons and HS Codes
The quantity of cacao (cocoa)paste shipped by South Korea in 2020 was 51 tonnes. In 2019 South Korea exported 55 tonnes of cacao (cocoa)paste. For 2019 alone, the market for South Korea cacao (cocoa)paste (processed category) has reduced, changing by -12.698 percent compared to the year 2018. Between 2017 and 2019, cacao (cocoa)paste's exports went up by 48.65 percent bringing the exporter US$0.28m for the year 2019. South Korea's cacao (cocoa)paste exports are categorised as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
Are you a producer of cacao (cocoa)paste or other products?
Sign up today for FREE to buy or sell cacao (cocoa)paste.
South Korea cacao (cocoa)paste export values
In 2019, South Korea exported cacao (cocoa)paste worth 0.28m USD, a decrease of -9.39% from 2018's total cacao (cocoa)paste export of 0.309m USD. The annual reduction in value of South Korea cacao (cocoa)paste between 2017 to 2018 was 37.333 percent.
The yearly variation in the amount of South Korea's cacao (cocoa)paste exports between 2017 and 2019 was 48.65 pc compared to a variation of -12.698% in the period between 2018 and 2019.
Export markets for South Korea cacao (cocoa)paste ( in '000$ )
South Korea's top export markets for cacao (cocoa)paste are Vietnam, China, Malaysia, Indonesia and Japan.
South Korea procured 4,511 tonnes of cacao (cocoa)paste in 2019.