What is the price of maize per kilogram/pound in South Korea today?
The retail price range for South Korea maize is between US$ 1.31 and US$ 1.84 per kilogram or between US$ 0.60 and US$ 0.84 per pound(lb). Click here to see today's exact prices of maize in South Korea
The retail price range in South Korean won for maize is between KRW 1,751.65 and KRW 2,457.54 per kilogram or between KRW 794.40 and KRW 1,114.53 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea maize is between US$ 0.92 and US$ 1.29 per kilogram or between US$ 0.42 and US$ 0.59 per pound(lb).
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South Korea Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from South Korea over the last five years has been quite varied. In 2017, the price was 1.30 US $ per kg, followed by a sharp decrease to 0.56 US $ per kg in 2018. In 2019, the price rose slightly to 0.70 US $ per kg, before dropping again to 0.57 US $ per kg in 2020. This year, the price has increased to 0.92 US $ per kg. Looking ahead, we can predict that the export price of Maize from South Korea in 2023 will be around 0.33 US $ per kg, and in 2024 it will be around 0.92 US $ per kg.The maize exports from South Korea are classified as:
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
South Korea Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into South Korea over the last five years has been quite volatile. In 2017, the price was $1.30, followed by a sharp drop to $0.56 in 2018. In 2019, the price rose slightly to $0.70, before dropping again to $0.57 in 2020. This year, the price has increased to $0.92. Looking ahead, we can expect the price of Maize to remain relatively stable, with a predicted price of $0.90 for 2023 and $0.95 for 2024.Export values for South Korea maize
The total values in export for maize in South Korea were US$ 59, US$ 9,070, US$ 308 and US$ 102 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in South Korea: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Asia: Kazakhstan maize, Kyrgyzstan maize, Tajikistan maize, Turkmenistan maize, Uzbekistan maize, China maize, Hong Kong maize, Macao maize, North Korea maize & Mongolia maize.
South Korea maize - Production, Exports, Imports, Seasons and HS Codes
The quantity of maize exported by South Korea in 2020 was 491 metric tonnes. In 2019 South Korea exported 146 tonnes of maize. Across 2019 alone, the interest in South Korea maize (cereals/grains category) has decreased, with a change of -73.309 per cent compared to the year 2018. Between 2017 and 2019, maize's exports decreased by -97.9 percent earning the nation US$0.10m for the year 2019. South Korea's maize exports are categorised as:
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize seed for sowing (HS code 100510)
- Maize (excluding seed for sowing) (HS code 100590)
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South Korea maize export values
In 2019, South Korea sold maize with a value of 0.10m USD, a contraction of -67.53% from 2018's total maize export of 0.308m USD. The annual change in value of South Korea maize between 2017 to 2018 was -96.604 pc.
The yearly change in the amount of South Korea's maize exports between 2017 and 2019 was -97.9% when compared to a variation of -73.309% in the growth rate between 2018 and 2019.
Export markets for South Korea maize ( in '000$ )
South Korea's best performing export markets for maize are Brunei Darussalam, the Philippines, Vietnam, US and China.
South Korea purchased 11,382,198 tonnes of maize in 2019.
Production
The production of maize in South Korea was 228,000 tonnes in 2019 and is predicted to change by an average of -2.58%. The country had an estimated 45,000.00 hectares under maize cultivation.