What is the price of malt per kilogram/pound in South Korea today?
The retail price range for South Korea malt is between US$ 9.61 and US$ 19.22 per kilogram or between US$ 4.36 and US$ 8.72 per pound(lb). Click here to see today's exact prices of malt in South Korea
The retail price range in South Korean won for malt is between KRW 12,807.18 and KRW 25,627.18 per kilogram or between KRW 5,808.24 and KRW 11,622.30 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea malt is between US$ 6.72 and US$ 13.45 per kilogram or between US$ 3.05 and US$ 6.10 per pound(lb).
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South Korea Malt Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt from South Korea over the last five years has been quite varied. In 2017, the price was 1.18 US$ per kg, followed by a decrease to 1.12 US$ per kg in 2018. In 2019, the price dropped to 0.61 US$ per kg, before increasing to 2.9 US$ per kg in 2020. The price then decreased again to 0.89 US$ per kg in 2021, before reaching its highest point of 3.37 US$ per kg in 2022. Based on this data, it is likely that the export price per kilogram of Malt from South Korea will remain relatively stable in the next two years, with an estimated price of around 3.00 US$ per kg in 2023 and 3.25 US$ per kg in 2024.The malt exports from South Korea are categorised as:
- Malt (excluding roasted) (HS code 110710)
- Roasted malt (HS code 110720)
South Korea Malt Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt into South Korea over the last five years has been quite varied. In 2017, the price was $1.18, followed by a decrease to $1.12 in 2018. In 2019, the price dropped to $0.61, before increasing to $2.90 in 2020. This year, the price has dropped again to $0.89. Overall, the import price of Malt into South Korea has been quite volatile over the last five years. Looking ahead, it is difficult to predict the import price of Malt into South Korea for 2023 and 2024. However, based on the data from the last five years, it is likely that the price will remain volatile.Export values for South Korea malt
The total values in export for malt in South Korea were US$ 80, US$ 73, US$ 240 and US$ 542 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, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of malt in other countries across Asia: Kazakhstan malt, Kyrgyzstan malt, Tajikistan malt, Turkmenistan malt, Uzbekistan malt, China malt, Hong Kong malt, Macao malt, North Korea malt & Mongolia malt.
South Korea malt - Production, Exports, Imports, Seasons and HS Codes
The amount of malt shipped by South Korea in 2020 was 10 metric tons. In 2019 South Korea sold 884 tonnes of malt. For 2019 alone, the demand for South Korea malt (cereals/grains category) has increased, flactuating by 313.084 per cent compared to the year 2018. Between 2017 and 2019, malt's exports grew by 1325.81% earning South Korea US$0.54m for the year 2019. South Korea's malt exports are categorised as:
- Roasted malt (HS code 110720)
- Malt (excluding roasted) (HS code 110710)
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South Korea malt export values
In 2019, South Korea supplied malt with a value of 0.54m USD, a surge of 125.00% from 2018's total malt export of 0.24m USD. The yearly growth in value of South Korea malt between 2017 to 2018 was 228.767%.
The annual change in the amount of South Korea's malt exports between 2017 and 2019 was 1325.81 pc compared to a variation of 313.084% in the period between 2018 and 2019.
Export markets for South Korea malt ( in '000$ )
South Korea's best performing export markets for malt are China, Japan, Vietnam, Russia and Hong Kong.
South Korea ordered 169,870 tonnes of malt in 2019.