Analyze import volumes, pricing trends, and supplier performance to uncover critical insights into market dynamics and growth opportunities for Whey in South Korea. We also examine the roles of various stakeholders and how market conditions influence your business.
Market events
(6월 2022)
2022년 6월 10일
U.S. dairy product exports, led by cheese, saw a significant increase in April, setting a new record with a 22% rise from the previous year to $845.6 million. This growth is part of a larger trend, with year-to-date fiscal year 2022 exports reaching $4.8 billion, up 22% from the same period in the previous year. Cheese exports, in particular, hit a record high, with over 40,000 metric tons shipped in both March and April. Despite this, exports of dairy replacement heifers continue to struggle due to high costs and geopolitical issues, with the smallest number exported since 2016. Hay exports were strong in April, with a notable increase in other hay shipments. However, concerns about old-crop hay and weakening buyer exchange rates could impact U.S. suppliers. Additionally, the ongoing dispute over Canada's dairy tariff rate quotas and the U.S. Trade Representative's announcement of a second consultation under the USMCA highlight ongoing challenges in the dairy export market.
Import prices of Whey in South Korea (6월 2022)
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Avg price
3.63 USD/kg
Min price
0.26 USD/kg
Max price
13.59 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 Whey in South Korea by company (6월 2022)
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Bar chart
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 Whey to South Korea by company (6월 2022)
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Box Plot Chart
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 Whey to South Korea by company (6월 2022)
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Scatter chart
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S******
Avg price
1.50 USD/kg
Min price
1.25 USD/kg
Max price
1.79 USD/kg
B******
Avg price
1.68 USD/kg
Min price
1.22 USD/kg
Max price
2.38 USD/kg
D******
Avg price
1.75 USD/kg
Min price
1.49 USD/kg
Max price
2.04 USD/kg
M******
Avg price
5.48 USD/kg
Min price
1.47 USD/kg
Max price
15 USD/kg
S******
Avg price
1.46 USD/kg
Min price
1.40 USD/kg
Max price
1.58 USD/kg
L******
Avg price
1.30 USD/kg
Min price
0.97 USD/kg
Max price
1.63 USD/kg
H******
Avg price
1.46 USD/kg
Min price
1.24 USD/kg
Max price
1.77 USD/kg
H******
Avg price
1.61 USD/kg
Min price
1.46 USD/kg
Max price
1.77 USD/kg
S******
Avg price
12.12 USD/kg
Min price
11.57 USD/kg
Max price
12.45 USD/kg
M******
Avg price
13.74 USD/kg
Min price
6.51 USD/kg
Max price
17.83 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 Whey to South Korea by company (6월 2022)
The company names can be viewed after purchasing access. Unlock hidden data.
Bar chart
Bar chart
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 Whey to South Korea by company (6월 2022)
The company names can be viewed after purchasing access. Unlock hidden data.
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 Whey to South Korea by company (6월 2022)
The company names can be viewed after purchasing access. Unlock hidden data.
Scatter chart
Scatter chart
Hide outlier
Hide outlier
E******
Avg price
1.46 USD/kg
Min price
1.25 USD/kg
Max price
1.74 USD/kg
I******
Avg price
3.60 USD/kg
Min price
3.10 USD/kg
Max price
4.13 USD/kg
C******
Avg price
1.42 USD/kg
Min price
1.24 USD/kg
Max price
1.58 USD/kg
V******
Avg price
1.55 USD/kg
Min price
1.31 USD/kg
Max price
1.69 USD/kg
A******
Avg price
1.45 USD/kg
Min price
1.35 USD/kg
Max price
1.69 USD/kg
E******
Avg price
1.59 USD/kg
Min price
1.46 USD/kg
Max price
1.71 USD/kg
E******
Avg price
1.68 USD/kg
Min price
1.56 USD/kg
Max price
1.72 USD/kg
S******
Avg price
11.72 USD/kg
Min price
10.11 USD/kg
Max price
12.45 USD/kg
H******
Avg price
11.96 USD/kg
Min price
10.54 USD/kg
Max price
13.30 USD/kg
E******
Avg price
1.71 USD/kg
Min price
1.58 USD/kg
Max price
1.77 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 040410 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: 040410, derived from UN Comtrade and each country’s official Customs database.
Countries competing with South Korea for imports for HS Code 040410 (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 38,245,986 USD.
1st
China
540,313,723 USD
2nd
Netherlands
273,510,865 USD
3rd
Germany
102,304,853 USD
4th
France
91,428,053 USD
5th
Indonesia
90,097,558 USD
6th
Belgium
65,829,550 USD
7th
Japan
56,587,447 USD
8th
Ireland
56,167,428 USD
9th
Philippines
54,259,345 USD
10th
Denmark
49,885,313 USD
Exporters
Importers
Trade price data for the top 10 competing importing countries based on HS Code: 040410, derived from UN Comtrade and each country’s official Customs database.
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