What is the price of cereal pellets per kilogram/pound in South Korea today?
The retail price range for South Korea cereal pellets is between US$ 5.24 and US$ 6.57 per kilogram or between US$ 2.37 and US$ 2.98 per pound(lb). Click here to see today's exact prices of cereal pellets in South Korea
The retail price range in South Korean won for cereal pellets is between KRW 6,981.33 and KRW 8,758.40 per kilogram or between KRW 3,166.14 and KRW 3,972.06 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea cereal pellets is between US$ 3.67 and US$ 4.60 per kilogram or between US$ 1.66 and US$ 2.09 per pound(lb).
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South Korea Cereal Pellets Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cereal Pellets from South Korea over the last five years has been quite varied. In 2017, the price was 1.70 US$ per kg, which increased to 2.60 US$ per kg in 2018. This was followed by a sharp rise to 4.67 US$ per kg in 2019, before dropping to 2.00 US$ per kg in 2020. The price then rose again to 5.25 US$ per kg in 2021 and 4.90 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Cereal Pellets from South Korea in 2023 will be around 5.50 US$ per kg and in 2024 will be around 5.00 US$ per kg.South Korea Cereal Pellets Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cereal Pellets into South Korea has seen a steady increase over the last five years. In 2017, the price was 1.70 US dollars per kg, and this increased to 2.60 US dollars per kg in 2018. In 2019, the price rose to 4.67 US dollars per kg, and then dropped to 2.00 US dollars per kg in 2020. The price then rose again to 5.25 US dollars per kg in 2021. The latest data shows that the import price per kilogram of Cereal Pellets into South Korea is 4.90 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Cereal Pellets into South Korea will be 5.50 US dollars per kg in 2023 and 6.00 US dollars per kg in 2024.Export values for South Korea cereal pellets
The total values in export for cereal pellets in South Korea were US$ 49, US$ 39, US$ 13 and US$ 14 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 cereal pellets in other countries across Asia: Kazakhstan cereal pellets, Kyrgyzstan cereal pellets, Tajikistan cereal pellets, Turkmenistan cereal pellets, Uzbekistan cereal pellets, China cereal pellets, Hong Kong cereal pellets, Macao cereal pellets, North Korea cereal pellets & Mongolia cereal pellets.
South Korea cereal pellets - Production, Exports, Imports, Seasons and HS Codes
The volume of cereal pellets shipped by South Korea in 2020 was 6 metric tons. In 2019 South Korea exported 3 tonnes of cereal pellets. For 2019 alone, the demand for South Korea cereal pellets (processed category) has reduced, recording a change of -40 percent compared to the year 2018. Between 2017 and 2019, cereal pellets' exports reduced by -86.96% bringing the nation US$0.01m for the year 2019. South Korea's cereal pellets exports are categorised as:
- Cereal pellets (excluding wheat) (HS code 110329)
- Cereal pellets (HS code 110320)
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South Korea cereal pellets export values
In 2019, South Korea supplied cereal pellets with a value of 0.01m USD, a decrease of -23.08% from 2018's total cereal pellets export of 0.013m USD. The yearly reduction in value of South Korea cereal pellets between 2017 to 2018 was -66.667%.
The annual variation in the quantity of South Korea's cereal pellets exports between 2017 and 2019 was -86.96 pc when compared to a variation of -40% in the growth rate between 2018 and 2019.
South Korea's portion of the world's total cereal pellets' exports in 2019 was 3.4%. South Korea is ranked position 3 in world exports of cereal pellets.
Export markets for South Korea cereal pellets ( in '000$ )
Import/Export Trends
South Korea is a net exporter of cereal pellets. The annual growth of South Korea cereal pellets in value between 2015 to 2019 was -2%, per year, while annual growth in quantity through the same period was -10%, per annum.
South Korea brought in 0 tonnes of cereal pellets in 2019.