What is the price of green tea per kilogram/pound in South Korea today?
The retail price range for South Korea green tea is between US$ 22.72 and US$ 34.16 per kilogram or between US$ 10.30 and US$ 15.49 per pound(lb). Click here to see today's exact prices of green tea in South Korea
The retail price range in South Korean won for green tea is between KRW 30,294.00 and KRW 45,540.00 per kilogram or between KRW 13,738.78 and KRW 20,653.06 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea green tea is between US$ 15.90 and US$ 23.91 per kilogram or between US$ 7.21 and US$ 10.84 per pound(lb).
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South Korea Green Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Green Tea from South Korea has seen a steady decline over the last five years. In 2012, the price was 37.08 US dollars per kg, but by 2017, it had dropped to 25.48 US dollars per kg. In 2018, the price rose to 30.95 US dollars per kg, but then dropped again in 2019 to 15.23 US dollars per kg. In 2020, the price rose to 24.33 US dollars per kg, and then again in 2021 to 24.99 US dollars per kg. The most recent data shows that the export price per kilogram of Green Tea from South Korea is 26.20 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Green Tea from South Korea will remain relatively stable in 2023 and 2024, with prices of around 26.00 US dollars per kg.South Korea Green Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Green Tea into South Korea has seen a steady decline over the past five years. In 2016, the price was 27.12 US dollars per kg, and this decreased to 25.48 US dollars per kg in 2017. In 2018, the price increased to 30.95 US dollars per kg, before dropping to 15.23 US dollars per kg in 2019. The price then increased again to 24.33 US dollars per kg in 2020, and further increased to 24.99 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Green Tea into South Korea was 26.20 US dollars in 2022. Based on the data, it is likely that the import price per kilogram of Green Tea into South Korea will remain relatively stable in the next two years. We predict that the import price per kilogram of Green Tea into South Korea will be 26.50 US dollars in 2023 and 26.80 US dollars in 2024.Export values for South Korea green tea
The total values in export for green tea in South Korea were US$ 4,638, US$ 4,944, US$ 4,209 and US$ 2,437 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, Black Tea & Yerba mate.
See prices of green tea in other countries across Asia: Kazakhstan green tea, Kyrgyzstan green tea, Tajikistan green tea, Turkmenistan green tea, Uzbekistan green tea, China green tea, Hong Kong green tea, Macao green tea, North Korea green tea & Mongolia green tea.
South Korea green tea - Production, Exports, Imports, Seasons and HS Codes
The amount of green tea exported by South Korea in 2020 was 192 metric tons. In 2019 South Korea sold 160 tonnes of green tea. For 2019 alone, the demand for South Korea green tea (processed category) has climbed, flactuating by 17.647 percent compared to the year 2018. Between 2017 and 2019, green tea's exports went down by -17.53 percent earning the nation US$2.44m for the year 2019. South Korea's green tea exports are classified as:
- Green tea in immediate packings of > 3 kg (HS code 090220)
- Green tea in immediate packings of <= 3 kg (HS code 090210)
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South Korea green tea export values
In 2019, South Korea shipped green tea with a value of 2.44m USD, a contraction of -42.03% from 2018's total green tea export of 4.209m USD. The annual reduction in value of South Korea green tea between 2017 to 2018 was -14.867 percent.
The annual/yearly change in the amount of South Korea's green tea exports between 2017 and 2019 was -17.53 pc when compared to a variation of 17.647% in the growth rate between 2018 and 2019.
Export markets for South Korea green tea ( in '000$ )
South Korea procured 18 tonnes of green tea in 2019.