Get price analysis and market insights for South Korea Shortening with Tridge.
Export prices of Shortening in South Korea
Historical export price trends
The export price of Shortening from South Korea has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $1.97 USD per kg and $2.24 USD per kg. By 2024, these prices had fallen to a new range of $1.72 to $1.98 USD per kg, reflecting shifts in demand or supply for South Korea Shortening.
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
$1.72/kg
$0.78/lb
$1.98/kg
$0.90/lb
2023
$1.97/kg
$0.89/lb
$2.24/kg
$1.02/lb
2022
$0.54/kg
$0.24/lb
$0.54/kg
$0.24/lb
Recent export records
On 2024-09-24, Shortening reported as "NLTP: Vegetable oil mainly from palm oil - MJ Shortening (packaging: 14.5kg/1box, Manufacturer: Samyang corporation). Melting temperature: 38-41oC. PD: 03+04.09.2024 - ED: 02+03.09.2025. 100% new product" was exported by a company in South Korea to a company in Vietnam.
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Import prices of Shortening in South Korea
Historical import price trends
The import price of Shortening to South Korea has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $1.21 USD per kg to $4.20 USD per kg. By 2024, prices had dropped to a new range of $1.10 to $4.05 USD per kg, reflecting changes in demand or supply for Shortening 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
$1.10/kg
$0.50/lb
$4.05/kg
$1.84/lb
2023
$1.21/kg
$0.55/lb
$4.20/kg
$1.91/lb
2022
$1.37/kg
$0.62/lb
$4.55/kg
$2.06/lb
Recent import records
On 2025-03-31, Shortening reported as “[마가린] 카네카 마가린 20 케이알__KANEKA MARGARINE 20 KR” was imported by a company in South Korea from a company in Indonesia.
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FAQ for Shortening 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 Shortening calculated?
The low and high prices are calculated from South Korea data for Shortening 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 Shortening in South Korea in Tridge?
We have 1579 transaction records for Shortening in South Korea. Visit our About Transaction Data page to explore its features.
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