What is the price of yogurt per kilogram/pound in South Korea today?
The retail price range for South Korea yogurt is between US$ 4.57 and US$ 6.13 per kilogram or between US$ 2.07 and US$ 2.78 per pound(lb). Click here to see today's exact prices of yogurt in South Korea
The retail price range in South Korean won for yogurt is between KRW 6,099.97 and KRW 8,176.56 per kilogram or between KRW 2,766.43 and KRW 3,708.19 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea yogurt is between US$ 3.20 and US$ 4.29 per kilogram or between US$ 1.45 and US$ 1.95 per pound(lb).
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South Korea Yogurt Export Prices - Historical, Trends and Prediction
The export price per kilogram of Yogurt from South Korea over the last five years has been relatively stable. In 2017, the price was 1.31 US $ per kg, followed by 1.28 US $ per kg in 2018. In 2019, the price increased to 1.32 US $ per kg, and then to 1.33 US $ per kg in 2020. The highest price was recorded in 2021, at 1.63 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Yogurt from South Korea in 2023 will be around 1.35 US $ per kg, and in 2024 will be around 1.37 US $ per kg.The South Korea yogurt exports are classified as:
- Yogurt, whether or not flavoured or containing added sugar or other sweetening matter, fruits, nuts or cocoa (HS code 040310)
South Korea Yogurt Import Prices - Historical, Trends and Prediction
The import price per kilogram of Yogurt into South Korea has been relatively stable over the last five years. In 2016, the price was $1.39, followed by a slight decrease to $1.31 in 2017. In 2018, the price dropped to $1.28, before increasing to $1.32 in 2019 and $1.33 in 2020. The most recent year, 2021, saw a significant increase to $1.63. Based on this data, it is likely that the import price per kilogram of Yogurt into South Korea will remain around the $1.63 mark in 2023 and 2024.Export values for South Korea yogurt
The total values in export for yogurt in South Korea were US$ 9,426, US$ 8,055, US$ 7,541 and US$ 6,916 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, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of yogurt in other countries across Asia: Kazakhstan yogurt, Kyrgyzstan yogurt, Tajikistan yogurt, Turkmenistan yogurt, Uzbekistan yogurt, China yogurt, Hong Kong yogurt, Macao yogurt, North Korea yogurt & Mongolia yogurt.
South Korea yogurt - Production, Exports, Imports, Seasons and HS Codes
The amount of yogurt shipped by South Korea in 2020 was 4,806 tons. In 2019 South Korea sold 5,226 tonnes of yogurt. For the year 2019 alone, the demand for South Korea yogurt (processed category) has reduced, with a change of -11.032 percent compared to the year 2018. Between 2017 and 2019, yogurt's exports reduced by -15 percent bringing the country US$6.92m for the year 2019. South Korea's yogurt exports are categorised as:
- Yogurt, whether or not flavoured or containing added sugar or other sweetening matter, fruits, nuts or cocoa (HS code 040310)
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South Korea yogurt export values
In 2019, South Korea shipped yogurt worth 6.92m USD, a reduction of -8.23% from 2018's total yogurt export of 7.541m USD. The annual reduction in value of South Korea yogurt between 2017 to 2018 was -6.381 percent.
The annual change in the quantity of South Korea's yogurt exports between 2017 and 2019 was -15 percent when compared to a variation of -11.032% in the growth rate between 2018 and 2019.
South Korea's portion of the world's total yogurt's exports in 2019 was less than 1%. The country is ranked position 42 in world exports of yogurt.
Export markets for South Korea yogurt ( in '000$ )
South Korea's leading destinations for yogurt are US, Australia, Canada, New Zealand and China.
South Korea purchased 448 tonnes of yogurt in 2019.