Sorghum — Producer Price in Republic of Korea
Republic of Korea: Sorghum — Producer Price was 7.70 million LCU in 2011. ◆ Volatile
Sorghum — Producer Price in Republic of Korea, 1991–2011
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Republic of Korea recorded 7.70 million LCU for sorghum — producer price in 2011. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 43.0% on the previous year and up 197.7% over ten years.
Over the whole period, sorghum — producer price in Republic of Korea peaked at 7.70 million LCU in 2011 and was at its lowest, 796,975 LCU, in 1993.
Republic of Korea ranks 1st of 61 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Sorghum — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 822,700 LCU | — |
| 1992 | 802,125 LCU | -2.5% |
| 1993 | 796,975 LCU | -0.6% |
| 1994 | 816,025 LCU | +2.4% |
| 1995 | 899,375 LCU | +10.2% |
| 1996 | 1.00 million LCU | +11.5% |
| 2005 | 2.59 million LCU | +157.8% |
| 2006 | 6.39 million LCU | +147.0% |
| 2007 | 2.14 million LCU | -66.6% |
| 2008 | 2.32 million LCU | +8.8% |
| 2009 | 2.78 million LCU | +19.6% |
| 2010 | 5.38 million LCU | +93.6% |
| 2011 | 7.70 million LCU | +43.0% |
Biggest year-on-year movements
Years where Sorghum — Producer Price in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +157.8% | 1.00 million LCU | 2.59 million LCU |
| 2006 | +147.0% | 2.59 million LCU | 6.39 million LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 856,703 LCU | 796,975 LCU | 1.00 million LCU | 6 |
| 2000s | 3.24 million LCU | 2.14 million LCU | 6.39 million LCU | 5 |
| 2010s | 6.54 million LCU | 5.38 million LCU | 7.70 million LCU | 2 |
Countries ranked near Republic of Korea
- 1 Côte d'Ivoire 537,000 LCU compare
- 1 United Republic of Tanzania 585,835 LCU compare
- 2 Guinea 5.19 million LCU compare
- 2 Syrian Arab Republic 10,400 LCU compare
- 3 Venezuela (Bolivarian Republic of) 3,740 LCU compare
- 3 Zimbabwe 2.84 million LCU compare
- 4 Republic of Moldova 2,801 LCU
- 4 Yemen 1.94 million LCU compare
More economy & growth data for Republic of Korea
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.5 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 32.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 32.07 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 571,534 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 646.38 million million SLC (2024)
Frequently asked questions
- What is sorghum — producer price in Republic of Korea?
- Sorghum — producer price in Republic of Korea was 7.70 million LCU in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest sorghum — producer price recorded in Republic of Korea?
- The highest recorded value was 7.70 million LCU in 2011.
- What is the lowest sorghum — producer price recorded in Republic of Korea?
- The lowest recorded value was 796,975 LCU in 1993.
- How does Republic of Korea rank for sorghum — producer price?
- Republic of Korea ranks 1st out of 61 countries with data for 2011.
- Is sorghum — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 197.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Sorghum — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.