What is the price of cocoa powder (solids) per kilogram/pound in South Korea today?
The retail price range for South Korea cocoa powder (solids) is between US$ 8.38 and US$ 10.54 per kilogram or between US$ 3.80 and US$ 4.78 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in South Korea
The retail price range in South Korean won for cocoa powder (solids) is between KRW 11,174.33 and KRW 14,047.73 per kilogram or between KRW 5,067.72 and KRW 6,370.85 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea cocoa powder (solids) is between US$ 5.87 and US$ 7.38 per kilogram or between US$ 2.66 and US$ 3.34 per pound(lb).
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South Korea Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from South Korea has seen a steady decline over the last five years. In 2012, the price was $1.29, and by 2021, it had dropped to $1.15. The most recent year, 2022, saw a slight increase to $1.19. Based on this trend, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from South Korea will be $1.14 in 2023 and $1.18 in 2024.The cocoa powder (solids) exports from South Korea are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
South Korea Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into South Korea has been analyzed for the last five years. In 2017, the import price was $1.13, followed by a decrease to $1.08 in 2018. In 2019, the price dropped further to $1.05, before increasing to $1.11 in 2020. The import price then rose to $1.15 in 2021, and is currently at $1.19 in 2022. Based on this trend, it is predicted that the import price of Cocoa Powder (Solids) into South Korea will be $1.23 in 2023 and $1.27 in 2024.Export values for South Korea cocoa powder (solids)
The total values in export for cocoa powder (solids) in South Korea were US$ 31,912, US$ 34,966, US$ 32,542 and US$ 33,193 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 cocoa powder (solids) in other countries across Asia: Kazakhstan cocoa powder (solids), Kyrgyzstan cocoa powder (solids), Tajikistan cocoa powder (solids), Turkmenistan cocoa powder (solids), Uzbekistan cocoa powder (solids), China cocoa powder (solids), Hong Kong cocoa powder (solids), Macao cocoa powder (solids), North Korea cocoa powder (solids) & Mongolia cocoa powder (solids).
South Korea cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
The quantity of cocoa powder (solids) shipped by South Korea in 2020 was 32,489 tons. In 2019 South Korea shipped 31,724 tonnes of cocoa powder (solids). Through 2019 alone, the interest in South Korea cocoa powder (solids) (processed category) has improved, flactuating by 4.942 pc compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports increased by 2.95 percent netting the country US$33.19m for the year 2019. South Korea's cocoa powder (solids) exports are categorised as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
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South Korea cocoa powder (solids) export values
In 2019, South Korea supplied cocoa powder (solids) worth 33.19m USD, an improvement of 1.99% from 2018's total cocoa powder (solids) export of 32.542m USD. The yearly growth in value of South Korea cocoa powder (solids) between 2017 to 2018 was -6.932 percent.
The annual/yearly variation in the volume of South Korea's cocoa powder (solids) exports between 2017 and 2019 was 2.95% compared to a variation of 4.942% in the period between 2018 and 2019.
Export markets for South Korea cocoa powder (solids) ( in '000$ )
South Korea's top destinations for cocoa powder (solids) are Vietnam, China, Germany, Russia and Afghanistan.
South Korea imported 11,482 tonnes of cocoa powder (solids) in 2019.