Get price analysis and market insights for South Korea Fresh Ginseng with Tridge.
Wholesale prices of Fresh Ginseng in South Korea
Recent wholesale prices
Over the past 4 weeks, the wholesale price of South Korea Fresh Ginseng has typically been between $9.41 and $40.34 USD per kg, or $4.27 to $18.30 USD per pound (lb).
These prices are based on reports from regions such as Songpa-gu, Haeundae-gu, Buk-gu, Namdong-gu, Changwon-si
Period
Period
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
Past 4 weeks
$9.41/kg
$4.27/lb
$40.34/kg
$18.30/lb
Historical wholesale price trends
The wholesale price of South Korea Fresh Ginseng has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $5.99 USD per kg and $41.54 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $6.18 USD to $38.41 USD per kg, highlighting ongoing price variability for South Korea Fresh Ginseng.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$6.18/kg
$2.80/lb
$38.41/kg
$17.42/lb
2023
$5.99/kg
$2.72/lb
$41.54/kg
$18.84/lb
2022
$6.32/kg
$2.87/lb
$38.75/kg
$17.58/lb
Recently updated wholesale prices
Recent wholesale price of Fresh Ginseng in South Korea was 16,700 KRW per Box (0.5 kg), reported on 2025-04-11 for the following specification: Korean Angelica Tree(variety).
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-04-11
Korean Angelica Tree(variety)
$23.31/kg
KRW 16,700/Box (0.5 kg)
2025-04-11
Korean Angelica Tree(variety), Excellent Quality(grade)
$7.69/kg
KRW 11,020/Box (1 kg)
2025-04-11
Korean Angelica Tree(variety), High Quality(grade)
$15.22/kg
KRW 21,812.50/Box (1 kg)
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Export prices of Fresh Ginseng in South Korea
Recent export records
On 2024-10-29, Fresh Ginseng reported as "6-year-old fresh ginseng root used for stewing soup as food, Scientific name: Panax ginseng. 100% new product" was exported by a company in South Korea to a company in Vietnam.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2024-10-29
$000/kg
6-year-old fresh ginseng root used for stewing soup as food, Scientific name: Panax ginseng. 100% new product
Company name
South Korea
Company name
Vietnam
2024-08-28
$000/kg
6-year-old fresh ginseng root used for stewing soup as food, Scientific name: Panax ginseng. 100% new product
Company name
South Korea
Company name
Vietnam
2024-08-28
$000/kg
Fresh ginseng root, scientific name: Panax ginseng (length about 5cm-8cm, diameter about 3mm-6mm), commercial use, Production date 8/28/24 Expiry date 10/12/2024), Manufacturer: JOY FARM.
Company name
South Korea
Company name
Vietnam
To access detailed information, including unit prices and company names, get full access to our .
Import prices of Fresh Ginseng in South Korea
Historical import price trends
The import price of Fresh Ginseng to South Korea has demonstrated stability over the last two years, indicating a consistent market trend. In 2023, import prices for Fresh Ginseng to South Korea ranged from $10 USD per kg to $10 USD per kg. By 2024, the import price remained steady between $10 and $10 USD per kg, indicating a balanced supply and demand in South Korea’s import market for Fresh Ginseng.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$10/kg
$4.54/lb
$10/kg
$4.54/lb
2023
$10/kg
$4.54/lb
$10/kg
$4.54/lb
2022
$10/kg
$4.54/lb
$10/kg
$4.54/lb
Recent import records
On 2025-03-17, Fresh Ginseng reported as “[인삼/수삼(신선)] 산양산삼__FRESH GINSENG” was imported by a company in South Korea from a company in China.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2025-03-17
$000/kg
[인삼/수삼(신선)] 산양산삼__FRESH GINSENG
Company name
China
Company name
South Korea
2025-03-13
$000/kg
[생지황(뿌리,신선)] 지황__REHMANNIA GLUTINOSA (GAERTN.) LIBOSCH. EX STEUD.
Company name
China
Company name
South Korea
2025-02-25
$000/kg
[인삼/수삼(신선)] 산양산삼__FRESH GINSENG
Company name
China
Company name
South Korea
To access detailed information, including unit prices and company names, get full access to our .
FAQ for Fresh Ginseng price in South Korea
What is the HS code for Fresh Ginseng?
The HS code for Fresh Ginseng is 121120 - Ginseng roots, used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or .
What varieties are there for Fresh Ginseng in South Korea?
Tridge offers domestic price data for a range of Fresh Ginseng varieties, including Korean Angelica Tree, Unspecified, Asian, Dong Quai, Java, Japanese, American. For Fresh Ginseng in South Korea, price data is available for varieties such as Korean Angelica Tree, Unspecified, Asian, Dong Quai, American.
Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for South Korea Fresh Ginseng calculated?
The low and high prices are calculated from South Korea data for Fresh Ginseng during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Fresh Ginseng on Tridge?
In the past 6 months, 10206 Fresh Ginseng price entries were updated for South Korea.
How much transaction data is there for Fresh Ginseng in South Korea in Tridge?
We have 353 transaction records for Fresh Ginseng in South Korea. Visit our About Transaction Data page to explore its features.
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