What is the price of chestnuts per kilogram/pound in South Korea today?
The retail price range for South Korea chestnuts is between US$ 3.35 and US$ 7.18 per kilogram or between US$ 1.52 and US$ 3.26 per pound(lb). Click here to see today's exact prices of chestnuts in South Korea
The retail price range in South Korean won for chestnuts is between KRW 4,469.27 and KRW 9,577.00 per kilogram or between KRW 2,026.88 and KRW 4,343.31 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea chestnuts is between US$ 2.35 and US$ 5.03 per kilogram or between US$ 1.06 and US$ 2.28 per pound(lb).
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South Korea Chestnuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chestnuts from South Korea has seen a steady decline over the last five years. In 2012, the price was 3.12 US dollars per kg, but by 2021, it had dropped to 2.58 US dollars per kg. The lowest price was recorded in 2019, when it was 1.87 US dollars per kg. The price has since increased to 2.75 US dollars per kg in 2020 and 2.58 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Chestnuts from South Korea will be 2.37 US dollars per kg in 2022 and 2.20 US dollars per kg in 2023. In 2024, the price is expected to increase slightly to 2.33 US dollars per kg.The chestnuts exports from South Korea are classified as:
- Fresh or dried chestnuts (Castanea spp.), whether or not shelled or peeled (HS code 080240)
- Chestnuts (HS code 0802Xa)
- Fresh or dried chestnuts "Castanea spp.", shelled (HS code 080242)
- Fresh or dried chestnuts "Castanea spp.", in shell (HS code 080241)
South Korea Chestnuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chestnuts into South Korea has been fluctuating over the past five years. In 2016, the price was 2.33 US dollars per kg, which was the highest in the past five years. In 2019, the price dropped to the lowest of 1.87 US dollars per kg. In 2021, the price increased to 2.58 US dollars per kg, and in 2022, the price decreased to 2.37 US dollars per kg. Based on the trend, it is predicted that the import price per kilogram of Chestnuts into South Korea in 2023 will be around 2.50 US dollars per kg, and in 2024, the price will be around 2.45 US dollars per kg.Export values for South Korea chestnuts
The total values in export for chestnuts in South Korea were US$ 17,063, US$ 21,018, US$ 20,146 and US$ 12,792 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in South Korea: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of chestnuts in other countries across Asia: Kazakhstan chestnuts, Kyrgyzstan chestnuts, Tajikistan chestnuts, Turkmenistan chestnuts, Uzbekistan chestnuts, China chestnuts, Hong Kong chestnuts, Macao chestnuts, North Korea chestnuts & Mongolia chestnuts.
South Korea chestnuts - Production, Exports, Imports, Seasons and HS Codes
The amount of chestnuts exported by South Korea in 2020 was 3,482 metric tons. In 2019 South Korea sold 6,841 tonnes of chestnuts. For the year 2019 alone, the interest in South Korea chestnuts (nuts category) has shrunk, changing by -10.866 pc compared to the year 2018. Between 2017 and 2019, chestnuts' exports reduced by -23.19 pc earning South Korea US$12.79m for the year 2019. South Korea's chestnuts exports are classified as:
- Fresh or dried chestnuts "Castanea spp.", shelled (HS code 080242)
- Fresh or dried chestnuts "Castanea spp.", in shell (HS code 080241)
- Fresh or dried chestnuts (Castanea spp.), whether or not shelled or peeled (HS code 080240)
- Chestnuts (HS code 0802Xa)
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South Korea chestnuts export values
In 2019, South Korea sold chestnuts costing 12.79m USD, a drop of -36.51% from 2018's total chestnuts export of 20.146m USD. The annual reduction in value of South Korea chestnuts between 2017 to 2018 was -4.149 percent.
The yearly change in the quantity of South Korea's chestnuts exports between 2017 and 2019 was -23.19 per cent when compared to a variation of -10.866% in the growth rate between 2018 and 2019.
South Korea's stake of the world's total chestnuts' exports in 2019 was less than 1%. The country is ranked number 44 in world exports of chestnuts.
Export markets for South Korea chestnuts ( in '000$ )
South Korea's leading destinations for chestnuts are China, US, Vietnam, Japan and Hong Kong.
Import/Export Trends
South Korea is a net importer of chestnuts. The annual growth of South Korea chestnuts in value between 2015 to 2019 was 37%, per annum, while annual growth in quantity was -10%, per annum.
South Korea bought 2,504 tonnes of chestnuts in 2019.
Production
The production of chestnuts in South Korea was 218,832 tonnes in 2019 and is forecast to change by an average of -1.4%. The country had an estimated 131,476.00 hectares under chestnuts cultivation.