What is the price of figs per kilogram/pound in South Korea today?
The retail price range for South Korea figs is between US$ 7.08 and US$ 10.10 per kilogram or between US$ 3.21 and US$ 4.58 per pound(lb). Click here to see today's exact prices of figs in South Korea
The retail price range in South Korean won for figs is between KRW 9,434.12 and KRW 13,471.87 per kilogram or between KRW 4,278.51 and KRW 6,109.69 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea figs is between US$ 4.95 and US$ 7.07 per kilogram or between US$ 2.25 and US$ 3.21 per pound(lb).
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South Korea Figs Export Prices - Historical, Trends and Prediction
The export price per kilogram of Figs from South Korea over the last five years has been steadily increasing. In 2017, the price was 7.43 US $ per kg, and in 2021 it had risen to 10.92 US $ per kg. The highest price was in 2021, at 10.92 US $ per kg, and the lowest was in 2013, at 3.50 US $ per kg. The average price for the last five years was 8.75 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Figs from South Korea in 2023 will be 11.68 US $ per kg, and in 2024 it will be 12.44 US $ per kg.The South Korea figs exports are categorised as:
- Fresh or dried figs (HS code 080420)
South Korea Figs Import Prices - Historical, Trends and Prediction
The import price per kilogram of Figs into South Korea has been quite volatile over the past five years. In 2013, the price was 3.50 US dollars per kg, which increased to 7.85 US dollars per kg in 2014. However, the price dropped to 6.80 US dollars per kg in 2015 before increasing again to 7.43 US dollars per kg in 2016. The price then rose to 9.18 US dollars per kg in 2017 and 8.46 US dollars per kg in 2018. In 2019, the price increased to 9.29 US dollars per kg and then dropped to 8.75 US dollars per kg in 2020. The price then rose again to 10.92 US dollars per kg in 2021 and 10.56 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Figs into South Korea will be 11.20 US dollars per kg in 2023 and 11.45 US dollars per kg in 2024.Export values for South Korea figs
The total values in export for figs in South Korea were US$ 171, US$ 101, US$ 220 and US$ 158 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, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of figs in other countries across Asia: Kazakhstan figs, Kyrgyzstan figs, Tajikistan figs, Turkmenistan figs, Uzbekistan figs, China figs, Hong Kong figs, Macao figs, North Korea figs & Mongolia figs.
South Korea figs - Production, Exports, Imports, Seasons and HS Codes
The quantity of figs shipped by South Korea in 2020 was 12 tonnes. In 2019 South Korea sold 17 tonnes of figs. For the year 2019 alone, the demand for South Korea figs (fruits category) has reduced, recording a change of -34.615 per cent compared to the year 2018. Between 2017 and 2019, figs' exports increased by 54.55 pc bringing the nation US$0.16m for the year 2019. South Korea's figs exports are categorised as:
- Fresh or dried figs (HS code 080420)
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South Korea figs export values
In 2019, South Korea supplied figs worth 0.16m USD, a drop of -27.27% from 2018's total figs export of 0.22m USD. The yearly reduction in value of South Korea figs between 2017 to 2018 was 117.822%.
The annual variation in the quantity of South Korea's figs exports between 2017 and 2019 was 54.55 percent compared to a variation of -34.615% in the period between 2018 and 2019.
South Korea's stake of the world's total figs' exports in 2019 was 3.9 pc. The country is ranked number 5 in world exports of figs.
Export markets for South Korea figs ( in '000$ )
South Korea's leading export markets for figs are Hong Kong, Singapore, Vietnam, Australia and US.
Import/Export Trends
South Korea is a net exporter of figs. The annual growth of South Korea figs in value between 2015 to 2019 was -3%, per annum, while annual growth in quantity was -2%, per annum.
South Korea imported 510 tonnes of figs in 2019.