Get price analysis and market insights for South Korea Dried Ginseng with Tridge.
Wholesale prices of Dried Ginseng in South Korea
Recent wholesale prices
Over the past 4 weeks, the wholesale price of South Korea Dried Ginseng has typically been between $12.83 and $34.63 USD per kg, or $5.82 to $15.71 USD per pound (lb).
These prices are based on reports from regions such as Songpa-gu, Bupyeong-gu, Iksan-si, Gwangju, Daedeok-gu
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
$12.83/kg
$5.82/lb
$34.63/kg
$15.71/lb
Historical wholesale price trends
The wholesale price of South Korea Dried Ginseng has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $5.79 USD per kg and $41.54 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $6.05 USD to $37.07 USD per kg, highlighting ongoing price variability for South Korea Dried 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
$6.05/kg
$2.74/lb
$37.07/kg
$16.81/lb
2023
$5.79/kg
$2.62/lb
$41.54/kg
$18.84/lb
2022
$6.17/kg
$2.80/lb
$37.46/kg
$16.99/lb
Recently updated wholesale prices
Recent wholesale price of Dried Ginseng in South Korea was 41,700 KRW per Box (1 kg), reported on 2025-01-28 for the following specification: Korean Angelica Tree(variety), Excellent Quality(grade).
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
2025-01-28
Korean Angelica Tree(variety), Excellent Quality(grade)
$28.87/kg
KRW 41,700/Box (1 kg)
2025-01-28
Korean Angelica Tree(variety), Excellent Quality(grade)
$29.97/kg
KRW 43,300/Box (1 kg)
2025-01-28
Korean Angelica Tree(variety), Excellent Quality(grade)
$24.44/kg
KRW 35,300/Box (1 kg)
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Export prices of Dried Ginseng in South Korea
Recent export records
On 2022-09-29, Dried Ginseng reported as "Ginseng roots, fresh or dried used in perfumary, in pharmarcy or for insecticidal" was exported by a company in South Korea to a company in Uganda.
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
2022-09-29
$000/kg
Ginseng roots, fresh or dried used in perfumary, in pharmarcy or for insecticidal
Company name
South Korea
Company name
Uganda
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
Import prices of Dried Ginseng in South Korea
Historical import price trends
The import price of Dried Ginseng to South Korea has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $3.15 USD per kg to $6.63 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $2.81 USD and $6.86 USD per kg, indicating ongoing market instability for Dried Ginseng imports to South Korea.
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
$2.81/kg
$1.27/lb
$6.86/kg
$3.11/lb
2023
$3.15/kg
$1.43/lb
$6.63/kg
$3.01/lb
2022
$2.76/kg
$1.25/lb
$6.83/kg
$3.10/lb
Recent import records
On 2025-01-14, Dried Ginseng reported as “[황기(뿌리,건조)] 황기__ASTRAGALUS MEMBRANACEUS BUNGE” 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
2025-01-14
$000/kg
[황기(뿌리,건조)] 황기__ASTRAGALUS MEMBRANACEUS BUNGE
Company name
China
Company name
South Korea
2025-01-14
$000/kg
[황기(뿌리,건조)] 황기__ASTRAGALUS MEMBRANACEUS BUNGE
Company name
China
Company name
South Korea
2025-01-13
$000/kg
[황기(뿌리,건조)] 황기__ASTRAGALUS MEMBRANACEUS BUNGE
Company name
China
Company name
South Korea
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
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FAQ for Dried Ginseng price in South Korea
What is the HS code for Dried Ginseng?
The HS code for Dried Ginseng is 121120 - Ginseng roots, used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or .
What varieties are there for Dried Ginseng in South Korea?
Tridge offers domestic price data for a range of Dried Ginseng varieties, including Korean Angelica Tree, Unspecified, Asian, Dong Quai, Java, Japanese, American. For Dried 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 Dried Ginseng calculated?
The low and high prices are calculated from South Korea data for Dried 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 Dried Ginseng on Tridge?
In the past 6 months, 786 Dried Ginseng price entries were updated for South Korea. Visit our Data Availability page for more detailed information.
How much transaction data is there for Dried Ginseng in South Korea in Tridge?
We have 213 transaction records for Dried Ginseng in South Korea. Visit our About Transaction Data page to explore its features.
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