What is the price of coffee extracts per kilogram/pound in South Korea today?
The retail price range for South Korea coffee extracts is between US$ 0.48 and US$ 1.91 per kilogram or between US$ 0.22 and US$ 0.86 per pound(lb). Click here to see today's exact prices of coffee extracts in South Korea
The retail price range in South Korean won for coffee extracts is between KRW 635.00 and KRW 2,540.00 per kilogram or between KRW 287.98 and KRW 1,151.93 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea coffee extracts is between US$ 0.33 and US$ 1.33 per kilogram or between US$ 0.15 and US$ 0.60 per pound(lb).
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South Korea Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from South Korea over the last five years has been relatively stable. In 2017, the price was 6.74 US $ per kg, followed by 6.52 US $ per kg in 2018. In 2019, the price dropped to 6.01 US $ per kg, before increasing to 6.2 US $ per kg in 2020. The price then rose to 6.81 US $ per kg in 2021 and 7.0 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Coffee Extracts from South Korea will be 7.17 US $ per kg in 2023 and 7.34 US $ per kg in 2024.The exports of coffee extracts from South Korea are categorised as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
South Korea Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into South Korea over the last five years has been relatively stable. In 2017, the price was 6.74 US dollars per kg, followed by 6.52 US dollars per kg in 2018. In 2019, the price dropped to 6.01 US dollars per kg, before increasing to 6.2 US dollars per kg in 2020. The price then rose to 6.81 US dollars per kg in 2021, before dropping back to 7.00 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Coffee Extracts into South Korea will remain relatively stable in the next two years. In 2023, the price is expected to be 6.90 US dollars per kg, followed by 6.95 US dollars per kg in 2024.Export values for South Korea coffee extracts
The total values in export for coffee extracts in South Korea were US$ 177,737, US$ 177,940, US$ 171,056 and US$ 188,323 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 coffee extracts in other countries across Asia: Kazakhstan coffee extracts, Kyrgyzstan coffee extracts, Tajikistan coffee extracts, Turkmenistan coffee extracts, Uzbekistan coffee extracts, China coffee extracts, Hong Kong coffee extracts, Macao coffee extracts, North Korea coffee extracts & Mongolia coffee extracts.
South Korea coffee extracts - Production, Exports, Imports, Seasons and HS Codes
The volume of coffee extracts shipped by South Korea in 2020 was 32,302 tonnes. In 2019 South Korea shipped 31,327 tonnes of coffee extracts. Through 2019 alone, the demand for South Korea coffee extracts (processed category) has gone up, flactuating by 19.414 pc compared to the year 2018. Between 2017 and 2019, coffee extracts' exports went up by 18.61 pc bringing the nation US$188.32m for the year 2019. South Korea's coffee extracts exports are categorised as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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South Korea coffee extracts export values
In 2019, South Korea supplied coffee extracts valued at 188.32m USD, a growth of 10.09% from 2018's total coffee extracts export of 171.056m USD. The annual change in value of South Korea coffee extracts between 2017 to 2018 was -3.869 pc.
The yearly change in the amount of South Korea's coffee extracts exports between 2017 and 2019 was 18.61 per cent in comparison to a variation of 19.414% in the period between 2018 and 2019.
South Korea's stake of the world's total coffee extracts' exports in 2019 was less than 1%. The country holds position 81 in world exports of coffee extracts.
Export markets for South Korea coffee extracts ( in '000$ )
South Korea's best performing destinations for coffee extracts are South Africa, Thailand, Israel, Poland and Australia.
Import/Export Trends
South Korea is a net importer of coffee extracts. The annual growth of South Korea coffee extracts in value between 2015 to 2019 was -22%, per year, while annual growth in quantity during the same period was -37%, per annum.
South Korea imported 8,662 tonnes of coffee extracts in 2019.