Import market for Rice in South Korea
You are currently viewing 6월 2022 data.

Import market for Rice in South Korea (6월, 2022)

Analyze import volumes, pricing trends, and supplier performance to uncover critical insights into market dynamics and growth opportunities for Rice in South Korea. We also examine the roles of various stakeholders and how market conditions influence your business.

Market events
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(6월 2022)

2022년 6월 30일
The article highlights concerns raised by Byeong-wan Moon, president of the Boseong Agricultural Cooperative Federation, about the ongoing challenges in Rice industry in South Korea. Moon criticizes the government's grain policy for its lack of focus on food security and its tendency to prioritize consumer prices over farmer income. He points to the revised Grain Management Act as an example of this approach, which led to market quarantine failures and price fluctuations. Moon calls for a reevaluation of these policies and laws to address the root causes of the industry's issues. The article also mentions the history of rice procurement systems in South Korea and discussions around statistical errors and the need for a third rice market quarantine to address oversupply.

Import prices of Rice in South Korea (6월 2022)

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Avg price
1.01 USD/kg
Min price
0.44 USD/kg
Max price
2.43 USD/kg
Trade price data based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Import volumes of Rice in South Korea by company (6월 2022)

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Bar chart
Trade volume data for the top 10 importing companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Import price distributions of Rice to South Korea by company (6월 2022)

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Box Plot Chart
Trade price data for the top 10 importing companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Import prices of Rice to South Korea by company (6월 2022)

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K******
Avg price
0.44 USD/kg
Min price
0.44 USD/kg
Max price
0.44 USD/kg
A******
Avg price
1.10 USD/kg
Min price
1.10 USD/kg
Max price
1.10 USD/kg
S******
Avg price
2.81 USD/kg
Min price
2.76 USD/kg
Max price
2.85 USD/kg
Trade price data for the top 10 importing companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Export volumes of Rice to South Korea by company (6월 2022)

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Trade volume data for the top 10 exporting companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Export price distributions of Rice to South Korea by company (6월 2022)

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Box Plot Chart
Box Plot Chart
Trade price data for the top 10 exporting companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Export prices of Rice to South Korea by company (6월 2022)

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T******
Avg price
0.44 USD/kg
Min price
0.44 USD/kg
Max price
0.44 USD/kg
K******
Avg price
1.10 USD/kg
Min price
1.10 USD/kg
Max price
1.10 USD/kg
W******
Avg price
2.81 USD/kg
Min price
2.76 USD/kg
Max price
2.85 USD/kg
Trade price data for the top 10 exporting companies based on the transaction information reported on Bill of Lading (B/L) documents and through customs (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Export values of HS Code 100630 to South Korea by country (6월 2022)

Bar chart
Bar chart
2020
2020
Trade price data for the top 10 exporting countries based on HS Code: 100630, derived from UN Comtrade and each country’s official Customs database.

Countries competing with South Korea for imports for HS Code 100630 (6월 2022)

2020
2020
Rank of competitive importing countries by trade value. The values are the sums of imports from countries trading with South Korea, not the total import values per country.
* South Korea’s trade value is 38,372,419 USD.
1st
Saudi Arabia
1,195,656,788 USD
2nd
United States
1,064,147,098 USD
3rd
Philippines
800,373,487 USD
4th
Iran
676,753,376 USD
5th
China
640,300,353 USD
6th
South Africa
489,991,261 USD
7th
Malaysia
483,533,674 USD
8th
Japan
477,830,397 USD
9th
United Arab Emirates
466,068,845 USD
10th
Ivory Coast
410,417,498 USD
Exporters
Importers
Trade price data for the top 10 competing importing countries based on HS Code: 100630, derived from UN Comtrade and each country’s official Customs database.

Representative domestic price trend for Rice category in South Korea (6월 2022)

Line Chart
Line Chart
Change rate for the previous 4 weeks
2022-05-23 - 2022-06-26
0%
Change rate for the previous 12 weeks
2022-03-28 - 2022-06-26
+7.73%
Avg price
2021-06-21 - 2022-06-26
53,738.14 KRW/20 kg
Avg price of previous year
2020-06-22 - 2021-06-27
53,518.36 KRW/20 kg
Highest YoY change rate
2021-07-26 - 2021-08-01
+22.72%
Lowest YoY change rate
2021-04-19 - 2021-04-25
-21.19%
Domestic price data for selected attributes among domestic prices sourced globally by Tridge (Maximum data collection period: from 2021-12-31 to 2022-06-30).

Domestic prices for key specifications of Rice category in South Korea (6월 2022)

Type: 1
Name
Name
Average unit price
Average unit price
New
2432.07 KRW/KG
Variety: 1
Name
Name
Average unit price
Average unit price
Unspecified
2500.00 KRW/KG
Domestic price data for selected attributes among domestic prices sourced globally by Tridge (Maximum data collection period: from 2021-12-31 to 2022-06-30).
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