What is the price of tapioca per kilogram/pound in South Korea today?
The retail price range for South Korea tapioca is between US$ 1.43 and US$ 3.34 per kilogram or between US$ 0.65 and US$ 1.51 per pound(lb). Click here to see today's exact prices of tapioca in South Korea
The retail price range in South Korean won for tapioca is between KRW 1,908.80 and KRW 4,453.87 per kilogram or between KRW 865.67 and KRW 2,019.89 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea tapioca is between US$ 1.00 and US$ 2.34 per kilogram or between US$ 0.45 and US$ 1.06 per pound(lb).
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South Korea Tapioca Export Prices - Historical, Trends and Prediction
The export price per kilogram of Tapioca from South Korea over the last five years has been quite varied. In 2017, the price was 9.33 US dollars per kg, the highest of the five years. This was followed by 2015, when the price was 11.00 US dollars per kg. In 2016, the price dropped to 6.00 US dollars per kg, and then in 2018, it decreased further to 6.17 US dollars per kg. The lowest price of the five years was in 2019, when it was 4.62 US dollars per kg. The price has been slowly increasing since then, and in 2021, it was 4.29 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Tapioca from South Korea in 2023 will be around 4.90 US dollars per kg, and in 2024, it will be around 5.20 US dollars per kg.The exports of tapioca from South Korea are classified as:
- Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms (HS code 190300)
South Korea Tapioca Import Prices - Historical, Trends and Prediction
The import price per kilogram of Tapioca into South Korea over the last five years has been quite volatile. In 2013, the price was 6.00 US dollars per kg, which increased to 6.33 US dollars per kg in 2014. However, in 2015, the price spiked to 11.00 US dollars per kg before dropping back to 6.00 US dollars per kg in 2016. The price then rose to 9.33 US dollars per kg in 2017 before dropping to 6.17 US dollars per kg in 2018. The price then dropped further to 4.62 US dollars per kg in 2019 and 4.33 US dollars per kg in 2020. The price then stabilized at 4.29 US dollars per kg in 2021 and 4.75 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Tapioca into South Korea in 2023 will be 4.50 US dollars per kg and in 2024 will be 4.25 US dollars per kg.Export values for South Korea tapioca
The total values in export for tapioca in South Korea were US$ 36, US$ 28, US$ 37 and US$ 97 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 tapioca in other countries across Asia: Kazakhstan tapioca, Kyrgyzstan tapioca, Tajikistan tapioca, Turkmenistan tapioca, Uzbekistan tapioca, China tapioca, Hong Kong tapioca, Macao tapioca, North Korea tapioca & Mongolia tapioca.
South Korea tapioca - Production, Exports, Imports, Seasons and HS Codes
The volume of tapioca shipped by South Korea in 2020 was 6 metric tonnes. In 2019 South Korea sold 21 tonnes of tapioca. For 2019 alone, the interest in South Korea tapioca (processed category) has gone up, recording a change of 250 percent compared to the year 2018. Between 2017 and 2019, tapioca's exports grew by 600 percent bringing the country US$0.10m for the year 2019. South Korea's tapioca exports are classified as:
- Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms (HS code 190300)
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South Korea tapioca export values
In 2019, South Korea supplied tapioca valued at 0.10m USD, an improvement of 170.27% from 2018's total tapioca export of 0.037m USD. The yearly increase in value of South Korea tapioca between 2017 to 2018 was 32.143 percent.
The per year variation in the quantity of South Korea's tapioca exports between 2017 and 2019 was 600% in comparison to a variation of 250% in the period between 2018 and 2019.
South Korea's stake of the world's total tapioca's exports in 2019 was 40.2 pc. South Korea holds number 1 in world exports of tapioca.
Export markets for South Korea tapioca ( in '000$ )
South Korea's leading export markets for tapioca are Australia and China.
Import/Export Trends
South Korea is a net exporter of tapioca. The annual growth of South Korea tapioca in value between 2015 to 2019 was -2%, per year, while annual growth in quantity was -1%, per annum.
South Korea bought 6,657 tonnes of tapioca in 2019.