What is the price of seed potatoes per kilogram/pound in South Korea today?
The retail price range for South Korea seed potatoes is between US$ 1.90 and US$ 5.67 per kilogram or between US$ 0.86 and US$ 2.57 per pound(lb). Click here to see today's exact prices of seed potatoes in South Korea
The retail price range in South Korean won for seed potatoes is between KRW 2,537.82 and KRW 7,560.87 per kilogram or between KRW 1,150.94 and KRW 3,428.96 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea seed potatoes is between US$ 1.33 and US$ 3.97 per kilogram or between US$ 0.60 and US$ 1.80 per pound(lb).
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South Korea Seed Potatoes Export Prices - Historical, Trends and Prediction
The export price per kilogram of Seed Potatoes from South Korea has seen a steady increase over the last five years. In 2017, the price was 0.62 US $ per kg, followed by 0.47 US $ per kg in 2018. In 2019, the price dropped slightly to 0.46 US $ per kg, but then rose again to 0.51 US $ per kg in 2020 and 0.53 US $ per kg in 2021. The highest price was recorded in 2022, at 0.75 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Seed Potatoes from South Korea will be 0.78 US $ per kg in 2023 and 0.82 US $ per kg in 2024.South Korea Seed Potatoes Import Prices - Historical, Trends and Prediction
The import price per kilogram of Seed Potatoes into South Korea has seen a steady increase over the last five years. In 2017, the price was 0.62 US dollars per kg, followed by 0.47 US dollars per kg in 2018. In 2019, the price dropped slightly to 0.46 US dollars per kg, before increasing to 0.51 US dollars per kg in 2020. The price then rose to 0.53 US dollars per kg in 2021 and 0.75 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Seed Potatoes into South Korea will be 0.78 US dollars per kg in 2023 and 0.83 US dollars per kg in 2024.Export values for South Korea seed potatoes
The total values in export for seed potatoes in South Korea were US$ 404, US$ 415 and US$ 346 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in South Korea: Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Ginseng roots, Chicory roots & Cocoyam.
See prices of seed potatoes in other countries across Asia: Kazakhstan seed potatoes, Kyrgyzstan seed potatoes, Tajikistan seed potatoes, Turkmenistan seed potatoes, Uzbekistan seed potatoes, China seed potatoes, Hong Kong seed potatoes, Macao seed potatoes, North Korea seed potatoes & Mongolia seed potatoes.
South Korea seed potatoes - Production, Exports, Imports, Seasons and HS Codes
The quantity of seed potatoes sold by South Korea in 2020 was 545 metric tonnes. In 2019 South Korea shipped 750 tonnes of seed potatoes. For the year 2019 alone, the demand for South Korea seed potatoes (tubers category) has gone down, flactuating by -14.869 percent compared to the year 2018. Between 2017 and 2019, seed potatoes' exports increased by 14.68 pc earning the nation US$0.35m for the year 2019. South Korea's seed potatoes exports are classified as:
- Seed potatoes (HS code 070110)
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South Korea seed potatoes export values
In 2019, South Korea shipped seed potatoes valued at 0.35m USD, a reduction of -15.66% from 2018's total seed potatoes export of 0.415m USD. The annual reduction in value of South Korea seed potatoes between 2017 to 2018 was 2.723 per cent.
The annual variation in the volume of South Korea's seed potatoes exports between 2017 and 2019 was 14.68 percent when compared to a variation of -14.869% in the growth rate between 2018 and 2019.
South Korea's portion of the world's total seed potatoes' exports in 2019 was 1.1 per cent. South Korea holds number 14 in world exports of seed potatoes.
Export markets for South Korea seed potatoes ( in '000$ )
Import/Export Trends
South Korea is a net exporter of seed potatoes. The annual growth of South Korea seed potatoes in value between 2015 to 2019 was 6%, per year, while annual growth in quantity for the same period was 7%, per annum.
South Korea brought in 0 tonnes of seed potatoes in 2019.