What is the price of ethyl alcohol per kilogram/pound in South Korea today?
The retail price range for South Korea ethyl alcohol is between US$ 1.45 and US$ 4.35 per kilogram or between US$ 0.66 and US$ 1.97 per pound(lb). Click here to see today's exact prices of ethyl alcohol in South Korea
The retail price range in South Korean won for ethyl alcohol is between KRW 1,933.80 and KRW 5,801.40 per kilogram or between KRW 877.01 and KRW 2,631.02 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea ethyl alcohol is between US$ 1.02 and US$ 3.05 per kilogram or between US$ 0.46 and US$ 1.38 per pound(lb).
Related: Kenya Ethyl Alcohol prices, South Africa Ethyl Alcohol prices, Malaysia Ethyl Alcohol prices, Philippines Ethyl Alcohol prices, India Ethyl Alcohol prices, United Arab Emirates (UAE) Ethyl Alcohol prices, Canada Ethyl Alcohol prices, US Ethyl Alcohol prices, Australia Ethyl Alcohol prices, New Zealand Ethyl Alcohol prices, Germany Ethyl Alcohol prices, Netherlands Ethyl Alcohol prices, Spain Ethyl Alcohol prices, United Kingdom (UK) Ethyl Alcohol prices,
South Korea Ethyl Alcohol Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ethyl Alcohol from South Korea over the last five years has been relatively stable. In 2017, the price was 1.22 US $ per kg, followed by 1.15 US $ per kg in 2018. In 2019, the price dropped to 1.11 US $ per kg and further decreased to 1.10 US $ per kg in 2020. In 2021, the price increased slightly to 1.14 US $ per kg and in 2022, the price was 1.13 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Ethyl Alcohol from South Korea in 2023 will be 1.12 US $ per kg and in 2024 will be 1.11 US $ per kg.South Korea Ethyl Alcohol Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ethyl Alcohol into South Korea has been relatively stable over the last five years. In 2016, the price was $1.24, which was the highest of the five-year period. In 2017, the price dropped to $1.22, and then decreased further to $1.15 in 2018. In 2019, the price dropped to its lowest point of $1.11, before increasing slightly to $1.10 in 2020. This year, 2021, the price has increased again to $1.14. The current price of $1.13 is the same as it was in 2022. Based on this trend, it is likely that the price of Ethyl Alcohol in South Korea will remain relatively stable in the next two years, with a predicted price of $1.13 for 2023 and 2024.Export values for South Korea ethyl alcohol
The total values in export for ethyl alcohol in South Korea were US$ 120,835, US$ 125,073, US$ 139,370 and US$ 138,519 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 ethyl alcohol in other countries across Asia: Kazakhstan ethyl alcohol, Kyrgyzstan ethyl alcohol, Tajikistan ethyl alcohol, Turkmenistan ethyl alcohol, Uzbekistan ethyl alcohol, China ethyl alcohol, Hong Kong ethyl alcohol, Macao ethyl alcohol, North Korea ethyl alcohol & Mongolia ethyl alcohol.
South Korea ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The amount of ethyl alcohol shipped by South Korea in 2020 was 130,116 metric tonnes. In 2019 South Korea sold 124,267 tonnes of ethyl alcohol. For 2019 alone, the market for South Korea ethyl alcohol (processed category) has gone up, flactuating by 2.289 pc compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports increased by 21.42% netting the nation US$138.52m for the year 2019. South Korea's ethyl alcohol exports are classified as:
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
Are you a producer of ethyl alcohol or other products?
Sign up today for FREE to buy or sell ethyl alcohol.
South Korea ethyl alcohol export values
In 2019, South Korea exported ethyl alcohol valued at 138.52m USD, a reduction of -0.61% from 2018's total ethyl alcohol export of 139.37m USD. The yearly change in value of South Korea ethyl alcohol between 2017 to 2018 was 11.431 pc.
The annual change in the quantity of South Korea's ethyl alcohol exports between 2017 and 2019 was 21.42 pc in comparison to a variation of 2.289% in the period between 2018 and 2019.
South Korea's portion of the world's total ethyl alcohol's exports in 2019 was less than 1%. South Korea is ranked position 36 in world exports of ethyl alcohol.
Export markets for South Korea ethyl alcohol ( in '000$ )
South Korea procured 374,199 tonnes of ethyl alcohol in 2019.