What is the price of whisky per kilogram/pound in South Korea today?
The retail price range for South Korea whisky is between US$ 22.21 and US$ 30.41 per kilogram or between US$ 10.07 and US$ 13.79 per pound(lb). Click here to see today's exact prices of whisky in South Korea
The retail price range in South Korean won for whisky is between KRW 29,617.56 and KRW 40,550.04 per kilogram or between KRW 13,432.00 and KRW 18,390.04 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea whisky is between US$ 15.55 and US$ 21.29 per kilogram or between US$ 7.05 and US$ 9.65 per pound(lb).
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South Korea Whisky Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whisky from South Korea over the last five years has seen a steady decline. In 2012, the price was 8.26 US dollars per kg, and by 2021, it had dropped to 5.48 US dollars per kg. In 2022, the price increased slightly to 5.73 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Whisky from South Korea in 2023 will be 5.48 US dollars per kg, and in 2024 it will be 5.73 US dollars per kg.South Korea Whisky Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whisky into South Korea has seen a steady decline over the last five years. In 2016, the price was 8.26 US dollars per kg, and by 2021, it had dropped to 5.48 US dollars per kg. This represents a decrease of 33.3%. In 2022, the price increased slightly to 5.73 US dollars per kg, but this is still lower than the 2016 price. Based on this trend, it is likely that the import price per kilogram of Whisky into South Korea will continue to decrease in the next two years. We can predict that the price in 2023 will be around 5.25 US dollars per kg, and in 2024, it will be around 4.95 US dollars per kg.Export values for South Korea whisky
The total values in export for whisky in South Korea were US$ 7,961, US$ 8,338, US$ 7,418 and US$ 8,016 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 whisky in other countries across Asia: Kazakhstan whisky, Kyrgyzstan whisky, Tajikistan whisky, Turkmenistan whisky, Uzbekistan whisky, China whisky, Hong Kong whisky, Macao whisky, North Korea whisky & Mongolia whisky.
South Korea whisky - Production, Exports, Imports, Seasons and HS Codes
The amount of whisky sold by South Korea in 2020 was 502 tonnes. In 2019 South Korea shipped 1,268 tonnes of whisky. For 2019 alone, the demand for South Korea whisky (processed category) has surged, with a change of 16.437 % compared to the year 2018. Between 2017 and 2019, whisky's exports grew by 7.82% bringing the country US$8.02m for the year 2019. South Korea's whisky exports are classified as:
- Whiskies (HS code 220830)
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South Korea whisky export values
In 2019, South Korea exported whisky valued at 8.02m USD, an improvement of 8.12% from 2018's total whisky export of 7.418m USD. The annual change in value of South Korea whisky between 2017 to 2018 was -11.034 pc.
The per year variation in the amount of South Korea's whisky exports between 2017 and 2019 was 7.82% when compared to a variation of 16.437% in the growth rate between 2018 and 2019.
South Korea's share of the world's total whisky's exports in 2019 was 2 percent. The country is ranked number 7 in world exports of whisky.
Export markets for South Korea whisky ( in '000$ )
Import/Export Trends
South Korea is a net importer of whisky. The annual growth of South Korea whisky in value between 2015 to 2019 was 12%, per annum, while annual growth in quantity was 22%, per annum.
South Korea bought 19,836 tonnes of whisky in 2019.