What is the price of natural gum arabic per kilogram/pound in South Korea today?
The retail price range for South Korea natural gum arabic is between US$ 10.23 and US$ 11.66 per kilogram or between US$ 4.64 and US$ 5.29 per pound(lb). Click here to see today's exact prices of natural gum arabic in South Korea
The retail price range in South Korean won for natural gum arabic is between KRW 13,639.60 and KRW 15,542.80 per kilogram or between KRW 6,185.76 and KRW 7,048.89 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea natural gum arabic is between US$ 7.16 and US$ 8.16 per kilogram or between US$ 3.25 and US$ 3.70 per pound(lb).
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South Korea Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from South Korea has seen a steady increase over the past five years. In 2014, the price per kilogram was 13.00 US dollars, and by 2021, it had risen to 56.00 US dollars. This represents an increase of over 300%. In 2015, the price was 25.00 US dollars, and in 2016, it dropped to 5.00 US dollars. However, the price has been steadily increasing since then, with 22.00 US dollars in 2017, 41.00 US dollars in 2018, 48.50 US dollars in 2019, and 54.00 US dollars in 2020. Based on this trend, it is predicted that the export price of Natural Gum Arabic from South Korea will be around 61.00 US dollars in 2023 and 65.00 US dollars in 2024.South Korea Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into South Korea has seen a steady increase over the last five years. In 2014, the price per kilogram was 13.00 US dollars, and this increased to 25.00 US dollars in 2015. In 2016, the price dropped to 5.00 US dollars, before rising again to 22.00 US dollars in 2017. 2018 saw the highest increase, with the price per kilogram rising to 41.00 US dollars. This was followed by a further increase to 48.50 US dollars in 2019, and 54.00 US dollars in 2020. The most recent data shows that the price per kilogram is 56.00 US dollars in 2021. Based on this data, it is likely that the price of Natural Gum Arabic into South Korea will continue to increase in the coming years. We can predict that the price per kilogram in 2023 will be around 58.00 US dollars, and in 2024 it will be around 60.00 US dollars.Export values for South Korea natural gum arabic
The total values in export for natural gum arabic in South Korea were US$ 10, US$ 66, US$ 41 and US$ 97 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in South Korea: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Asia: Kazakhstan natural gum arabic, Kyrgyzstan natural gum arabic, Tajikistan natural gum arabic, Turkmenistan natural gum arabic, Uzbekistan natural gum arabic, China natural gum arabic, Hong Kong natural gum arabic, Macao natural gum arabic, North Korea natural gum arabic & Mongolia natural gum arabic.
South Korea natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
The amount of natural gum arabic exported by South Korea in 2020 was 2 metric tonnes. In 2019 South Korea sold 2 tonnes of natural gum arabic. In 2019 alone, the market for South Korea natural gum arabic (agro commodities category) has escalated, changing by 100 percent compared to the year 2018. Between 2017 and 2019, natural gum arabic's exports decreased by -33.33 pc bringing South Korea US$0.10m for the year 2019. South Korea's natural gum arabic exports are classified as:
- Natural gum Arabic (HS code 130120)
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South Korea natural gum arabic export values
In 2019, South Korea sold natural gum arabic valued at 0.10m USD, a surge of 143.90% from 2018's total natural gum arabic export of 0.041m USD. The annual growth in value of South Korea natural gum arabic between 2017 to 2018 was -37.879 per cent.
The annual/yearly change in the quantity of South Korea's natural gum arabic exports between 2017 and 2019 was -33.33 percent when compared to a variation of 100% in the growth rate between 2018 and 2019.
Export markets for South Korea natural gum arabic ( in '000$ )
South Korea purchased 1,205 tonnes of natural gum arabic in 2019.