Price for Rice in South Korea

Get price analysis and market insights for South Korea Rice with Tridge.

Wholesale prices of Rice in South Korea

Historical wholesale price trends

The wholesale price of South Korea Rice has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $1.73 USD per kg and $2.25 USD per kg. However, by 2024, wholesale prices declined to a new range of $1.69 to $2.14 USD per kg, signaling reduced demand or increased supply for South Korea Rice.

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	$1.69/kg	$0.77/lb	$2.14/kg	$0.97/lb
2023	$1.73/kg	$0.79/lb	$2.25/kg	$1.02/lb
2022	$1.67/kg	$0.76/lb	$2.58/kg	$1.17/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2024-11-18	Unspecified(variety)	$1.79/kg	KRW 2,500/Bag (1 kg)
2024-11-15	High Quality(grade)	$1.68/kg	KRW 47,000/20 kg
2024-11-15	High Quality(grade)	$1.66/kg	KRW 46,400/20 kg

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Export prices of Rice in South Korea

Historical export price trends

The export price of Rice from South Korea has experienced fluctuations over the past two years, in line with shifting market trends. In 2023, export prices varied between $0.69 USD per kg and $3.60 USD per kg. By 2024, the price volatility remained, with export prices ranging from $0.56 USD to $4.05 USD per kg, reflecting ongoing market instability for South Korea Rice exports.

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	$0.56/kg	$0.25/lb	$4.05/kg	$1.84/lb
2023	$0.69/kg	$0.31/lb	$3.60/kg	$1.63/lb
2022	$0.44/kg	$0.20/lb	$1.34/kg	$0.61/lb

Recent export records

On 2024-10-31, Rice reported as "NO BRAND (NB) COOKED BLACK RICE" was exported by a company in South Korea to a company in Philippines.

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
2024-10-31	$000/kg	NO BRAND (NB) COOKED BLACK RICE	Company name	South Korea	Company name	Philippines
2024-10-27	$000/kg	OTTOGI PRE COOKED RICE	Company name	South Korea	Company name	Philippines
2024-10-13	$000/kg	OTTOGI PRE COOKED RICE	Company name	South Korea	Company name	Philippines

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

Import prices of Rice in South Korea

Historical import price trends

The import price of Rice to South Korea has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $0.90 USD per kg to $2.33 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $0.54 USD and $4.29 USD per kg, indicating ongoing market instability for Rice 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	$0.54/kg	$0.24/lb	$4.29/kg	$1.94/lb
2023	$0.90/kg	$0.41/lb	$2.33/kg	$1.06/lb
2022	$1.10/kg	$0.50/lb	$1.80/kg	$0.82/lb

Recent import records

On 2024-12-24, Rice reported as “[찐쌀] 롱그레인 비리야니 라이스(쌀)__LONG GRAIN BIRYANI RICE” was imported by a company in South Korea from a company in India.

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
2024-12-24	$000/kg	[찐쌀] 롱그레인 비리야니 라이스(쌀)__LONG GRAIN BIRYANI RICE	Company name	India	Company name	South Korea
2024-12-20	$000/kg	[찐쌀] 셀라 프리미엄 바스마티 찐쌀__SELLA PREMIUM BASMATI RICE(STEAMED RICE)	Company name	India	Company name	South Korea
2024-12-18	$000/kg	[찐쌀] 바스마티 라이스(찐쌀100%)__SELLA BASMATI RICE	Company name	India	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 Rice price in South Korea

What is the HS code for Rice?

The HS code for Rice is 100630 - Cereals; rice, semi-milled or wholly milled, whether or not polished or glazed.

What varieties are there for Rice in South Korea?

Tridge offers domestic price data for a range of Rice varieties, including Unspecified, Paddy Varieties, MTU-1001, Pura Basmati - 1121, IR 64, Basmati - 1509, BPT, MTU-1010, Basmati Varieties, Common, Swarna Masuri, ADT 37, Sona, Japonica, Ponni, IR 36, Masoori, 1009 Kar, ADT 36, Sarvati. For Rice in South Korea, price data is available for varieties such as Japonica, Unspecified, Paddy Varieties, Maize.

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 Rice calculated?

The low and high prices are calculated from South Korea data for Rice 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 Rice on Tridge?

In the past 6 months, 42 Rice price entries were updated for South Korea. Visit our Data Availability page for more detailed information.

How much transaction data is there for Rice in South Korea in Tridge?

We have 1375 transaction records for Rice in South Korea. Visit our About Transaction Data page to explore its features.