Kim costs soared 18% final month… Largest enhance in 6 years and 4 months

by times news cr

2024-06-06 19:52:39

Exports quadruple in 4 years, resulting in shortages

ⓒNewsis

Final month, the value of seaweed rose by almost 18%. It’s the largest enhance in 6 years and 4 months.

Based on the Nationwide Statistics Portal of the Nationwide Statistical Workplace on the fifth, the value of seaweed final month rose 17.8% in comparison with the identical month final yr, displaying the very best price of enhance in 6 years and 4 months since January 2018 (19.3%). The speed of enhance in seaweed costs was 1.2% in January alone, however has soared to three.1% in February, 6.6% in March, and 10.0% in April. Throughout the identical interval, the value of seaweed, a processed meals, additionally rose 8.1%, the most important soar in 1 yr and 6 months since November 2022 (8.4%). The value of seasoned seaweed additionally seems to be rising not too long ago.

The explanation seaweed costs are rising is as a result of seaweed and gimbap have acquired consideration from world wide as K-food, and associated exports have elevated. Based on Korea Customs Service commerce statistics, seaweed exports final yr amounted to 18,599 tons, a rise of 12.4% from the earlier yr. In comparison with 2019, 4 years in the past, it’s 4.2 occasions greater. The quantity of seaweed exported from January to April this yr was 6,443 tons, a rise of 9.4% in comparison with the identical interval final yr. As exports elevated, home provide grew to become comparatively scarce.

Based on agricultural product distribution info, as of the 4th, the wholesale promoting worth of dried seaweed was round 10,700 gained per bunch (100 sheets), up 56.3% from a yr in the past. The retail worth of 10 items of dried seaweed (used) is 1,231 gained, up 21.9% from a yr in the past.


Sejong = Reporter Lee Ho [email protected]

Scorching information now

2024-06-06 19:52:39

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