What is the price of maize starch per kilogram/pound in South Korea today?
The retail price range for South Korea maize starch is between US$ 0.51 and US$ 0.86 per kilogram or between US$ 0.23 and US$ 0.39 per pound(lb). Click here to see today's exact prices of maize starch in South Korea
The retail price range in South Korean won for maize starch is between KRW 676.28 and KRW 1,148.40 per kilogram or between KRW 306.70 and KRW 520.82 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea maize starch is between US$ 0.36 and US$ 0.60 per kilogram or between US$ 0.16 and US$ 0.27 per pound(lb).
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South Korea Maize Starch Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize starch from South Korea over the last five years has been relatively stable. In 2017, the price was 0.38 US $ per kg, and in 2018 it increased to 0.44 US $ per kg. The price then decreased to 0.41 US $ per kg in 2020, before increasing again to 0.45 US $ per kg in 2021. The most recent data shows that the export price per kilogram of Maize starch from South Korea is 0.58 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Maize starch from South Korea will be 0.61 US $ per kg in 2023 and 0.64 US $ per kg in 2024.South Korea Maize Starch Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize starch into South Korea has been relatively stable over the last five years. In 2017, the price was 0.38 US $ per kg, and in 2018 it increased slightly to 0.44 US $ per kg. The price then decreased to 0.41 US $ per kg in 2020, before increasing again to 0.45 US $ per kg in 2021. The most recent data shows that the import price per kilogram of Maize starch into South Korea is 0.58 US $ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Maize starch into South Korea will be 0.61 US $ per kg in 2023 and 0.64 US $ per kg in 2024.Export values for South Korea maize starch
The total values in export for maize starch in South Korea were US$ 20,401, US$ 16,857, US$ 14,075 and US$ 16,786 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 maize starch in other countries across Asia: Kazakhstan maize starch, Kyrgyzstan maize starch, Tajikistan maize starch, Turkmenistan maize starch, Uzbekistan maize starch, China maize starch, Hong Kong maize starch, Macao maize starch, North Korea maize starch & Mongolia maize starch.
South Korea maize starch - Production, Exports, Imports, Seasons and HS Codes
The quantity of maize starch shipped by South Korea in 2020 was 41,267 metric tonnes. In 2019 South Korea shipped 38,902 tonnes of maize starch. Through 2019 alone, the demand for South Korea maize starch (processed category) has improved, changing by 20.567 % compared to the year 2018. Between 2017 and 2019, maize starch's exports decreased by -12.81 pc netting South Korea US$16.79m for the year 2019. South Korea's maize starch exports are categorised as:
- Maize starch (HS code 110812)
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South Korea maize starch export values
In 2019, South Korea supplied maize starch with a value of 16.79m USD, an increase of 19.29% from 2018's total maize starch export of 14.075m USD. The annual change in value of South Korea maize starch between 2017 to 2018 was -16.504 pc.
The annual variation in the volume of South Korea's maize starch exports between 2017 and 2019 was -12.81 per cent compared to a variation of 20.567% in the period between 2018 and 2019.
South Korea's share of the world's total maize starch's exports in 2019 was less than 1%. South Korea holds position 17 in world exports of maize starch.
Export markets for South Korea maize starch ( in '000$ )
Import/Export Trends
South Korea is a net importer of maize starch. The annual growth of South Korea maize starch in value between 2015 to 2019 was -5%, per annum, while annual growth in quantity during the same period was -8%, per annum.
South Korea ordered 13,388 tonnes of maize starch in 2019.