What is the price of roses per kilogram/pound in South Korea today?
The retail price range for South Korea roses is between US$ 7.77 and US$ 19.41 per kilogram or between US$ 3.52 and US$ 8.80 per pound(lb). Click here to see today's exact prices of roses in South Korea
The retail price range in South Korean won for roses is between KRW 10,354.13 and KRW 25,885.33 per kilogram or between KRW 4,695.75 and KRW 11,739.38 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea roses is between US$ 5.44 and US$ 13.59 per kilogram or between US$ 2.47 and US$ 6.16 per pound(lb).
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South Korea Roses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Roses from South Korea has seen a steady decline over the last five years. In 2016, the price was 4.85 US $ per kg, and in 2021 it was 4.55 US $ per kg. This represents a 6.5% decrease in the price of Roses from South Korea over the last five years. The lowest price was in 2015, when the export price was 4.38 US $ per kg. The current price of 4.35 US $ per kg is the second lowest price in the last five years. Based on this data, it is likely that the export price of Roses from South Korea will remain around 4.35 US $ per kg in 2023 and 2024.South Korea Roses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Roses into South Korea has seen a steady decline over the past five years. In 2016, the price was 4.85 US dollars per kg, and in 2021, it had dropped to 4.55 US dollars per kg. This represents a decrease of 6.7%. The lowest price was recorded in 2015, when the import price was 4.38 US dollars per kg. The highest price was in 2012, when the import price was 12.67 US dollars per kg. The current price of 4.35 US dollars per kg is the second lowest in the past five years. Based on this trend, it is predicted that the import price per kilogram of Roses into South Korea in 2023 will be 4.17 US dollars per kg, and in 2024 will be 4.00 US dollars per kg.Export values for South Korea roses
The total values in export for roses in South Korea were US$ 2,363, US$ 1,884, US$ 1,590 and US$ 1,709 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Flowers category in South Korea: Roses , Carnations, Orchids, Chrysanthemums, Lilies & Fresh Cut Flowers.
See prices of roses in other countries across Asia: Kazakhstan roses, Kyrgyzstan roses, Tajikistan roses, Turkmenistan roses, Uzbekistan roses, China roses, Hong Kong roses, Macao roses, North Korea roses & Mongolia roses.
South Korea roses - Production, Exports, Imports, Seasons and HS Codes
The volume of roses shipped by South Korea in 2020 was 341 tonnes. In 2019 South Korea shipped 373 tonnes of roses. In 2019 alone, the market for South Korea roses (flowers category) has climbed, recording a change of 1.359 percent compared to the year 2018. Between 2017 and 2019, roses' exports decreased by -18.02 percent earning the nation US$1.71m for the year 2019. South Korea's roses exports are categorised as:
- Roses, whether or not grafted (HS code 060240)
- Fresh cut flowers and flower buds, for bouquets or for ornamental purposes (HS code 060310)
- Fresh cut roses and buds, of a kind suitable for bouquets or for ornamental purposes (HS code 060311)
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South Korea roses export values
In 2019, South Korea supplied roses with a value of 1.71m USD, an increase of 7.55% from 2018's total roses export of 1.59m USD. The annual increase in value of South Korea roses between 2017 to 2018 was -15.605 pc.
The yearly variation in the amount of South Korea's roses exports between 2017 and 2019 was -18.02 pc when compared to a variation of 1.359% in the growth rate between 2018 and 2019.
South Korea's stake of the world's total roses' exports in 2019 was less than 1%. The country is ranked number 28 in world exports of roses.
Export markets for South Korea roses ( in '000$ )
Import/Export Trends
South Korea is a net importer of roses. The annual growth of South Korea roses in value between 2015 to 2019 was -47%, per annum, while annual growth in quantity during the same period was -49%, per annum.
South Korea procured 509 tonnes of roses in 2019.