What is the price of wheat flour per kilogram/pound in South Korea today?
The retail price range for South Korea wheat flour is between US$ 4.13 and US$ 6.32 per kilogram or between US$ 1.87 and US$ 2.86 per pound(lb). Click here to see today's exact prices of wheat flour in South Korea
The retail price range in South Korean won for wheat flour is between KRW 5,505.73 and KRW 8,420.53 per kilogram or between KRW 2,496.93 and KRW 3,818.84 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea wheat flour is between US$ 2.89 and US$ 4.42 per kilogram or between US$ 1.31 and US$ 2.00 per pound(lb).
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South Korea Wheat Flour Export Prices - Historical, Trends and Prediction
The export price of wheat flour from South Korea over the last five years has seen a steady decline. In 2017, the price per kilogram was 0.51 US dollars, and in 2021 it was 0.58 US dollars. This represents a decrease of 0.07 US dollars per kilogram. The lowest price was in 2018, when it was 0.50 US dollars per kilogram. The highest price was in 2022, when it was 0.76 US dollars per kilogram. Based on this trend, it is predicted that the export price of wheat flour from South Korea in 2023 will be 0.60 US dollars per kilogram, and in 2024 it will be 0.54 US dollars per kilogram.The South Korea wheat flour exports are categorised as:
- Wheat or meslin flour (HS code 110100)
South Korea Wheat Flour Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat flour into South Korea has seen a steady decline over the last five years. In 2017, the price was 0.51 US$ per kg, followed by 0.50 US$ per kg in 2018. In 2019, the price increased slightly to 0.53 US$ per kg, and then further increased to 0.56 US$ per kg in 2020. The latest data shows that the import price per kilogram of Wheat flour into South Korea is 0.58 US$ per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Wheat flour into South Korea will be 0.60 US$ per kg in 2023 and 0.62 US$ per kg in 2024.Export values for South Korea wheat flour
The total values in export for wheat flour in South Korea were US$ 16,165, US$ 17,403, US$ 20,223 and US$ 23,118 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 wheat flour in other countries across Asia: Kazakhstan wheat flour, Kyrgyzstan wheat flour, Tajikistan wheat flour, Turkmenistan wheat flour, Uzbekistan wheat flour, China wheat flour, Hong Kong wheat flour, Macao wheat flour, North Korea wheat flour & Mongolia wheat flour.
South Korea wheat flour - Production, Exports, Imports, Seasons and HS Codes
The volume of wheat flour sold by South Korea in 2020 was 45,820 tons. In 2019 South Korea sold 43,570 tonnes of wheat flour. Across 2019 alone, the demand for South Korea wheat flour (processed category) has gone up, recording a change of 7.924 pc compared to the year 2018. Between 2017 and 2019, wheat flour's exports went up by 27.62% bringing South Korea US$23.12m for the year 2019. South Korea's wheat flour exports are classified as:
- Wheat or meslin flour (HS code 110100)
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South Korea wheat flour export values
In 2019, South Korea supplied wheat flour valued at 23.12m USD, a growth of 14.33% from 2018's total wheat flour export of 20.223m USD. The annual growth in value of South Korea wheat flour between 2017 to 2018 was 16.204 pc.
The annual/yearly change in the volume of South Korea's wheat flour exports between 2017 and 2019 was 27.62 pc when compared to a variation of 7.924% in the growth rate between 2018 and 2019.
South Korea's share of the world's total wheat flour's exports in 2019 was less than 1%. The country is ranked position 26 in world exports of wheat flour.
Export markets for South Korea wheat flour ( in '000$ )
South Korea's leading destinations for wheat flour are Hong Kong, Thailand, US, Indonesia and Singapore.
Import/Export Trends
South Korea is a net exporter of wheat flour. The annual growth of South Korea wheat flour in value between 2015 to 2019 was 103%, per year, while annual growth in quantity through the same period was 34%, per annum.
South Korea imported 15,069 tonnes of wheat flour in 2019.