What is the price of spinach per kilogram/pound in South Korea today?
The retail price range for South Korea spinach is between US$ 1.13 and US$ 1.84 per kilogram or between US$ 0.51 and US$ 0.83 per pound(lb). Click here to see today's exact prices of spinach in South Korea
The retail price range in South Korean won for spinach is between KRW 1,503.06 and KRW 2,453.71 per kilogram or between KRW 681.66 and KRW 1,112.80 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea spinach is between US$ 0.79 and US$ 1.29 per kilogram or between US$ 0.36 and US$ 0.58 per pound(lb).
Related: Kenya Spinach prices, South Africa Spinach prices, Malaysia Spinach prices, Philippines Spinach prices, India Spinach prices, United Arab Emirates (UAE) Spinach prices, Canada Spinach prices, US Spinach prices, Australia Spinach prices, New Zealand Spinach prices, Germany Spinach prices, Netherlands Spinach prices, Spain Spinach prices, United Kingdom (UK) Spinach prices,
Price Finder Tool
Search for prices of South Korea spinach and other products in different countries.
South Korea Spinach Export Prices - Historical, Trends and Prediction
The export price per kilogram of Spinach from South Korea over the last five years has been quite varied. In 2017, the price was 4.00 US$ per kg, followed by a sharp decrease to 1.36 US$ per kg in 2018. Prices then remained relatively stable at 1.28 US$ per kg in 2019 and 5.77 US$ per kg in 2020. 2021 saw a significant increase to 7.29 US$ per kg, and this was followed by a slight increase to 7.44 US$ per kg in 2022. Based on this data, it is likely that the export price of Spinach from South Korea will remain around the 7.44 US$ per kg mark in 2023 and 2024.The South Korea spinach exports are classified as:
- Leguminous vegetables, shelled or unshelled, uncooked or cooked by steaming or by boiling in water, frozen (excluding peas and beans) (HS code 071029)
- Spinach, New Zealand spinach and orache spinach, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071030)
- Fresh or chilled spinach, New Zealand spinach and orache spinach (HS code 070970)
South Korea Spinach Import Prices - Historical, Trends and Prediction
The import price per kilogram of Spinach into South Korea over the last five years has been quite volatile. In 2017, the price was 4.00 US dollars per kg, followed by a sharp drop to 1.36 US dollars per kg in 2018. This was followed by a slight decrease to 1.28 US dollars per kg in 2019. However, in 2020, the price rose to 5.77 US dollars per kg, and then further increased to 7.29 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Spinach into South Korea is 7.44 US dollars per kg in 2022. Based on the current trend, it is expected that the import price per kilogram of Spinach into South Korea will continue to increase in the coming years. It is predicted that the import price per kilogram of Spinach into South Korea will be around 8.00 US dollars per kg in 2023 and 8.50 US dollars per kg in 2024.Export values for South Korea spinach
The total values in export for spinach in South Korea were US$ 7, US$ 16, US$ 34 and US$ 55 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Vegetables category in South Korea: Tomatoes, Onions, Leeks, Cauliflowers and broccoli, Brussels sprouts, Cabbages, Lettuce, Chicory, Carrots & beetroot, salsify & celeriac.
See prices of spinach in other countries across Asia: Kazakhstan spinach, Kyrgyzstan spinach, Tajikistan spinach, Turkmenistan spinach, Uzbekistan spinach, China spinach, Hong Kong spinach, Macao spinach, North Korea spinach & Mongolia spinach.
South Korea spinach - Production, Exports, Imports, Seasons and HS Codes
The volume of spinach shipped by South Korea in 2020 was 13 metric tons. In 2019 South Korea sold 43 tonnes of spinach. For 2019 alone, the interest in South Korea spinach (vegetables category) has escalated, flactuating by 72 % compared to the year 2018. Between 2017 and 2019, spinach's exports grew by 975 pc earning South Korea US$0.06m for the year 2019. South Korea's spinach exports are classified as:
- Spinach, New Zealand spinach and orache spinach, uncooked or cooked by steaming or by boiling in water, frozen (HS code 071030)
- Fresh or chilled spinach, New Zealand spinach and orache spinach (HS code 070970)
- Leguminous vegetables, shelled or unshelled, uncooked or cooked by steaming or by boiling in water, frozen (excluding peas and beans) (HS code 071029)
Are you a producer of spinach or other products?
Sign up today for FREE to buy or sell spinach.
South Korea spinach export values
In 2019, South Korea shipped spinach costing 0.06m USD, an increment of 76.47% from 2018's total spinach export of 0.034m USD. The yearly increase in value of South Korea spinach between 2017 to 2018 was 112.5 pc.
The yearly variation in the volume of South Korea's spinach exports between 2017 and 2019 was 975 pc when compared to a variation of 72% in the growth rate between 2018 and 2019.
Export markets for South Korea spinach ( in '000$ )
South Korea's best performing export markets for spinach are Singapore, Vietnam, US and United Arab Emirates (UAE).
South Korea ordered 4,922 tonnes of spinach in 2019.
Production
The production of spinach in South Korea was 239,412 tonnes in 2019 and is projected to change by an average of 8.96%. The country had an estimated 16,632.00 hectares under spinach cultivation.