What is the price of agar per kilogram/pound in South Korea today?
The retail price range for South Korea agar is between US$ 7.78 and US$ 13.12 per kilogram or between US$ 3.53 and US$ 5.95 per pound(lb). Click here to see today's exact prices of agar in South Korea
The retail price range in South Korean won for agar is between KRW 10,366.93 and KRW 17,494.20 per kilogram or between KRW 4,701.56 and KRW 7,933.88 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea agar is between US$ 5.44 and US$ 9.18 per kilogram or between US$ 2.47 and US$ 4.17 per pound(lb).
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South Korea Agar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Agar from South Korea over the last five years has been quite varied. In 2017, the price was 26.11 US dollars per kg, followed by a slight increase to 30.54 US dollars per kg in 2018. In 2019, the price dropped to 27.74 US dollars per kg, before rising again to 28.90 US dollars per kg in 2020. The most recent year, 2021, saw a significant decrease to 24.49 US dollars per kg. Based on this data, it is likely that the export price of Agar from South Korea will remain relatively stable in the next two years, with an estimated price of 24.39 US dollars per kg in 2022 and 24.49 US dollars per kg in 2023.South Korea Agar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Agar into South Korea has seen a steady decline over the past five years. In 2012, the price was 31.98 US dollars per kg, but by 2017, it had dropped to 26.11 US dollars per kg. In 2018, the price rose slightly to 30.54 US dollars per kg, before dropping again to 27.74 US dollars per kg in 2019. In 2020, the price rose to 28.90 US dollars per kg, before dropping to 24.49 US dollars per kg in 2021. The most recent data shows that the price of Agar into South Korea is 24.39 US dollars per kg. Based on this data, it is likely that the price of Agar into South Korea will remain relatively stable in the next two years. We predict that the price of Agar into South Korea in 2023 will be around 24.39 US dollars per kg, and in 2024 will be around 24.39 US dollars per kg.Export values for South Korea agar
The total values in export for agar in South Korea were US$ 12,039, US$ 11,854, US$ 13,619 and US$ 14,344 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Korea: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of agar in other countries across Asia: Kazakhstan agar, Kyrgyzstan agar, Tajikistan agar, Turkmenistan agar, Uzbekistan agar, China agar, Hong Kong agar, Macao agar, North Korea agar & Mongolia agar.
South Korea agar - Production, Exports, Imports, Seasons and HS Codes
The quantity of agar sold by South Korea in 2020 was 393 metric tonnes. In 2019 South Korea shipped 517 tonnes of agar. Through 2019 alone, the market for South Korea agar (processed category) has escalated, with a change of 15.919 percent compared to the year 2018. Between 2017 and 2019, agar's exports grew by 13.88 percent netting the nation US$14.34m for the year 2019. South Korea's agar exports are categorised as:
- Agar-agar, whether or not modified (HS code 130231)
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South Korea agar export values
In 2019, South Korea supplied agar costing 14.34m USD, a surge of 5.29% from 2018's total agar export of 13.619m USD. The yearly growth in value of South Korea agar between 2017 to 2018 was 14.889 pc.
The yearly variation in the volume of South Korea's agar exports between 2017 and 2019 was 13.88 pc compared to a variation of 15.919% in the period between 2018 and 2019.
South Korea's portion of the world's total agar's exports in 2019 was less than 1%. The country is ranked position 23 in world exports of agar.
Export markets for South Korea agar ( in '000$ )
Import/Export Trends
South Korea is a net exporter of agar. The annual growth of South Korea agar in value between 2015 to 2019 was -13%, per year, while annual growth in quantity during the same period was -9%, per annum.
South Korea procured 334 tonnes of agar in 2019.