Price for Safflower Oil in South Korea

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

Import prices of Safflower Oil in South Korea

Historical import price trends

The import price of Safflower Oil to South Korea has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $5.63 USD per kg to $13.76 USD per kg. By 2024, prices had dropped to a new range of $4.37 to $7.05 USD per kg, reflecting changes in demand or supply for Safflower Oil in 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	$4.37/kg	$1.98/lb	$7.05/kg	$3.20/lb
2023	$5.63/kg	$2.55/lb	$13.76/kg	$6.24/lb
2022	$8.15/kg	$3.69/lb	$17.84/kg	$8.09/lb

Recent import records

On 2025-01-02, Safflower Oil reported as “[홍화유(사플라워유 또는 잇꽃유)] 유기농 고올레인산 홍화유__RBD EXPELLER ORGANIC OLEIC SAFFLOWER OIL” 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
2025-01-02	$000/kg	[홍화유(사플라워유 또는 잇꽃유)] 유기농 고올레인산 홍화유__RBD EXPELLER ORGANIC OLEIC SAFFLOWER OIL	Company name	United States	Company name	South Korea
2024-11-21	$000/kg	[홍화유(사플라워유 또는 잇꽃유)] 정제홍화유__SAFFLOWER OIL,REFINED	Company name	Germany	Company name	South Korea
2024-08-22	$000/kg	[홍화유(사플라워유 또는 잇꽃유)] 홍화씨유__SAFFLOWER SEED OIL REFINED	Company name	Italy	Company name	South Korea

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FAQ for Safflower Oil 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 Safflower Oil calculated?

The low and high prices are calculated from South Korea data for Safflower Oil 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 Safflower Oil in South Korea in Tridge?

We have 39 transaction records for Safflower Oil in South Korea. Visit our About Transaction Data page to explore its features.