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Price for Salt in South Korea

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

Wholesale prices of Salt in South Korea

Historical wholesale price trends

The wholesale price of South Korea Salt has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $0.96 USD per kg and $1.53 USD per kg. However, by 2024, wholesale prices declined to a new range of $0.84 to $1.50 USD per kg, signaling reduced demand or increased supply for South Korea Salt.
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
$0.84/kg
$0.38/lb
$1.50/kg
$0.68/lb
2023
$0.96/kg
$0.44/lb
$1.53/kg
$0.70/lb
2022
$0.75/kg
$0.34/lb
$0.88/kg
$0.40/lb

Recently updated wholesale prices

Recent wholesale price of Salt in South Korea was 17,000 KRW per 20 kg, reported on 2025-01-15 for the following specification: Korean Sea(variety), High 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
2025-01-15
Korean Sea(variety), High Quality(grade)
$0.58/kg
KRW 17,000/20 kg
2024-10-30
-
$0.73/kg
KRW 20,000/20 kg
2024-09-06
Medium Quality(grade)
$0.93/kg
KRW 18,600/15 kg

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Export prices of Salt in South Korea

Historical export price trends

The export price of Salt from South Korea has experienced fluctuations over the past two years, in line with shifting market trends. In 2023, export prices varied between $0.43 USD per kg and $2.71 USD per kg. By 2024, the price volatility remained, with export prices ranging from $2.40 USD to $2.40 USD per kg, reflecting ongoing market instability for South Korea Salt 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
$2.40/kg
$1.09/lb
$2.40/kg
$1.09/lb
2023
$0.43/kg
$0.20/lb
$2.71/kg
$1.23/lb
2022
$1.16/kg
$0.53/lb
$7.65/kg
$3.47/lb

Recent export records

On 2024-10-14, Salt reported as "80 PCS STC LAVERLAND CRUNCH SEA SALT (NB GB LAVERLAND CRUCNH SEA SALT 2G EA) NO BRAND" 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
2024-10-14
$000/kg
80 PCS STC LAVERLAND CRUNCH SEA SALT (NB GB LAVERLAND CRUCNH SEA SALT 2G EA) NO BRAND
Company name
South Korea
Company name
Philippines
2024-09-24
$000/kg
1150019 - SEASONING SALT (production date: September 7, 2024, expiration date: September 6, 2025, raw material used to produce confectionery)
Company name
South Korea
Company name
Vietnam
2024-09-04
$000/kg
1150019 - Seasoning salt powder - SEASONING SALT (production date: August 20, 2024, expiration date: May 19, 2025, raw material used to produce confectionery)
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 Salt in South Korea

Historical import price trends

The import prices of Salt to South Korea have risen over the past two years due to changes in market supply and demand. In 2023, import prices ranged from $0.13 to $19.74 USD per kg. By 2024, these prices had increased to a range of $0.20 to $37.12 USD per kg, reflecting ongoing growth in the import price of Salt 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
$0.20/kg
$0.09/lb
$37.12/kg
$16.84/lb
2023
$0.13/kg
$0.06/lb
$19.74/kg
$8.95/lb
2022
$0.13/kg
$0.06/lb
$36.74/kg
$16.67/lb

Recent import records

On 2025-01-07, Salt reported as “[가공소금] 훈제염 DP__SMOKE SALT DP” was imported by a company in South Korea from a company in Japan.
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
2025-01-07
$000/kg
[가공소금] 훈제염 DP__SMOKE SALT DP
Company name
Japan
Company name
South Korea
2025-01-07
$000/kg
[천일염] 말돈 소금(570g)__MALDON SALT
Company name
United Kingdom
Company name
South Korea
2025-01-07
$000/kg
[천일염] 말돈 소금(570g)__MALDON SALT
Company name
United Kingdom
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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Access detailed transaction records and company analysis for Salt, sourced from B/L and customs data. Monitor competitor activities, identify new trade partners, and analyze export/import prices. Use transaction data for deeper insights and more informed business decisions.

FAQ for Salt price in South Korea

What is the HS code for Salt?
The HS code for Salt is 250100 - Salt (including table salt and denatured salt); pure sodium chloride whether or not in aque.
What varieties are there for Salt in South Korea?
Tridge offers domestic price data for a range of Salt varieties, including Table, Korean Sea. For Salt in South Korea, price data is available for varieties such as Korean Sea.
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 Salt calculated?
The low and high prices are calculated from South Korea data for Salt 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 Salt on Tridge?
In the past 6 months, 10 Salt price entries were updated for South Korea. Visit our Data Availability page for more detailed information.
How much transaction data is there for Salt in South Korea in Tridge?
We have 5075 transaction records for Salt in South Korea. Visit our About Transaction Data page to explore its features.

Salt prices in other countries

Explore the prices of Salt across different countries
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Other related pages of South Korea Salt

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