What is the price of kefir & buttermilk per kilogram/pound in South Korea today?
The retail price range for South Korea kefir & buttermilk is between US$ 4.84 and US$ 7.77 per kilogram or between US$ 2.19 and US$ 3.52 per pound(lb). Click here to see today's exact prices of kefir & buttermilk in South Korea
The retail price range in South Korean won for kefir & buttermilk is between KRW 6,450.84 and KRW 10,360.44 per kilogram or between KRW 2,925.55 and KRW 4,698.61 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea kefir & buttermilk is between US$ 3.39 and US$ 5.44 per kilogram or between US$ 1.54 and US$ 2.47 per pound(lb).
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South Korea Kefir & Buttermilk Export Prices - Historical, Trends and Prediction
The export price per kilogram of Kefir & Buttermilk from South Korea has seen a steady increase over the last five years. In 2016, the export price was 1.39 US $ per kg, and in 2021 it had risen to 1.63 US $ per kg. This represents an increase of 18.7% over the five year period. The highest price was seen in 2021, with a slight dip in 2017 to 1.31 US $ per kg. Predicted prices for 2023 and 2024 are 1.71 US $ per kg and 1.79 US $ per kg respectively.South Korea Kefir & Buttermilk Import Prices - Historical, Trends and Prediction
The import price per kilogram of Yogurt into South Korea has been relatively stable over the past five years. In 2016, the price was $1.39, followed by a slight decrease to $1.31 in 2017. In 2018, the price dropped to $1.28, before increasing to $1.32 in 2019 and $1.33 in 2020. The most recent year, 2021, saw the highest price of $1.63. Based on this trend, it is predicted that the import price per kilogram of Yogurt into South Korea will be $1.67 in 2023 and $1.71 in 2024.Export values for South Korea kefir & buttermilk
The total values in export for kefir & buttermilk in South Korea were US$ 83, US$ 194, US$ 26 and US$ 256 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, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of kefir & buttermilk in other countries across Asia: Kazakhstan kefir & buttermilk, Kyrgyzstan kefir & buttermilk, Tajikistan kefir & buttermilk, Turkmenistan kefir & buttermilk, Uzbekistan kefir & buttermilk, China kefir & buttermilk, Hong Kong kefir & buttermilk, Macao kefir & buttermilk, North Korea kefir & buttermilk & Mongolia kefir & buttermilk.
South Korea kefir & buttermilk - Production, Exports, Imports, Seasons and HS Codes
The quantity of kefir & buttermilk shipped by South Korea in 2020 was 46 tonnes. In 2019 South Korea shipped 125 tonnes of kefir & buttermilk. For 2019 alone, the demand for South Korea kefir & buttermilk (processed category) has gone up, with a change of 2400 pc compared to the year 2018. Between 2017 and 2019, kefir & buttermilk's exports went up by 1685.71 percent netting the exporter US$0.26m for the year 2019. South Korea's kefir & buttermilk exports are categorised as:
- Buttermilk, curdled milk and cream, kephir and other fermented or acidified milk and cream, whether or not concentrated or flavoured or containing added sugar or other sweetening matter, fruits, nuts or cocoa (excluding yogurt) (HS code 040390)
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South Korea kefir & buttermilk export values
In 2019, South Korea supplied kefir & buttermilk with a value of 0.26m USD, a surge of 900.00% from 2018's total kefir & buttermilk export of 0.026m USD. The annual change in value of South Korea kefir & buttermilk between 2017 to 2018 was -86.598%.
The annual change in the quantity of South Korea's kefir & buttermilk exports between 2017 and 2019 was 1685.71% in comparison to a variation of 2400% in the period between 2018 and 2019.
South Korea's share of the world's total kefir & buttermilk's exports in 2019 was less than 1%. The country holds position 11 in world exports of kefir & buttermilk.
Export markets for South Korea kefir & buttermilk ( in '000$ )
Import/Export Trends
South Korea is a net exporter of kefir & buttermilk. The annual growth of South Korea kefir & buttermilk in value between 2015 to 2019 was -22%, per year, while annual growth in quantity was -26%, per annum.
South Korea ordered 145 tonnes of kefir & buttermilk in 2019.