Get price analysis and market insights for South Korea Ginseng Extract with Tridge.
Export prices of Ginseng Extract in South Korea
Historical export price trends
The export price of Ginseng Extract from South Korea has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $102 USD per kg and $110.08 USD per kg. By 2024, these prices had fallen to a new range of $17.35 to $100 USD per kg, reflecting shifts in demand or supply for South Korea Ginseng Extract.
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
$17.35/kg
$7.87/lb
$100/kg
$45.36/lb
2023
$102/kg
$46.27/lb
$110.08/kg
$49.93/lb
2022
$57.24/kg
$25.96/lb
$71/kg
$32.21/lb
Recent export records
On 2024-09-05, Ginseng Extract reported as "Raw materials for the production of cosmetics (Black Ginseng Ex-ginseng extract), liquid form, CAS code: 72480-62-7; 1449115-64-3; 107-88-0; 6290-03-5; 56-81-5. Manufacturer: CoSeedBioPharm Co.,LTD. 100% new." 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
2024-09-05
$000/kg
Raw materials for the production of cosmetics (Black Ginseng Ex-ginseng extract), liquid form, CAS code: 72480-62-7; 1449115-64-3; 107-88-0; 6290-03-5; 56-81-5. Manufacturer: CoSeedBioPharm Co.,LTD. 100% new.
Company name
South Korea
Company name
Vietnam
2024-09-05
$000/kg
Ginseng root extract (RED GINSENG EXTRACT 1.0 ES) used as raw material for producing cream, serum, 1kg/bottle, 100% new product, Manufacturer: TEN KOREA, CAS code: 84650-12-4, 6920-22-5
Company name
South Korea
Company name
Vietnam
2024-09-05
$000/kg
Ginseng root extract (RED GINSENG EXTRACT 1.0 ES) used as raw material for producing cream, serum, 5kg/can, 100% new product, Manufacturer: TEN KOREA, CAS code: 84650-12-4, 6920-22-5
Company name
South Korea
Company name
Vietnam
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
Import prices of Ginseng Extract in South Korea
Historical import price trends
The import price of Ginseng Extract to South Korea has demonstrated stability over the last two years, indicating a consistent market trend. In 2023, import prices for Ginseng Extract to South Korea ranged from $12.15 USD per kg to $180 USD per kg. By 2024, the import price remained steady between $12.48 and $180 USD per kg, indicating a balanced supply and demand in South Korea’s import market for Ginseng Extract.
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
$12.48/kg
$5.66/lb
$180/kg
$81.65/lb
2023
$12.15/kg
$5.51/lb
$180/kg
$81.65/lb
2022
$11.79/kg
$5.35/lb
$41.82/kg
$18.97/lb
Recent import records
On 2025-03-14, Ginseng Extract reported as “[기타가공품] 인삼추출물__PANAX GINSENG ROOT EXTRACT” was imported by a company in South Korea from a company in United States.
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
2025-03-14
$000/kg
[기타가공품] 인삼추출물__PANAX GINSENG ROOT EXTRACT
Company name
United States
Company name
South Korea
2025-03-07
$000/kg
[기타 농산가공품] 전칠삼 추출분말__PANAX NOTO GINSENG EXTRACT
Company name
China
Company name
South Korea
2025-02-10
$000/kg
[기타가공품] 인삼추출물__PANAX GINSENG ROOT EXTRACT
Company name
United States
Company name
South Korea
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
FAQ for Ginseng Extract price in South Korea
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 Ginseng Extract calculated?
The low and high prices are calculated from South Korea data for Ginseng Extract 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 transaction data is there for Ginseng Extract in South Korea in Tridge?
We have 260 transaction records for Ginseng Extract in South Korea. Visit our About Transaction Data page to explore its features.
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