Soya beans — Producer Price in Republic of Korea
Republic of Korea: Soya beans — Producer Price was 5.78 million LCU in 2011. ▲ Rising
Soya beans — 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 5.78 million LCU for soya beans — producer price in 2011. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 26.4% on the previous year and up 152.7% over ten years.
Over the whole period, soya beans — producer price in Republic of Korea peaked at 5.78 million LCU in 2011 and was at its lowest, 1.03 million LCU, in 1991.
That places Republic of Korea 2nd out of 59 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Soya beans — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 1.03 million LCU | — |
| 1992 | 1.16 million LCU | +12.9% |
| 1993 | 1.34 million LCU | +15.8% |
| 1994 | 1.45 million LCU | +7.5% |
| 1995 | 1.67 million LCU | +15.7% |
| 1996 | 1.77 million LCU | +5.8% |
| 1997 | 1.76 million LCU | -0.4% |
| 1998 | 1.96 million LCU | +11.3% |
| 1999 | 2.70 million LCU | +37.7% |
| 2000 | 2.49 million LCU | -7.7% |
| 2001 | 2.29 million LCU | -8.1% |
| 2002 | 2.36 million LCU | +3.2% |
| 2003 | 2.73 million LCU | +15.7% |
| 2004 | 3.11 million LCU | +13.9% |
| 2005 | 2.61 million LCU | -16.1% |
| 2006 | 5.62 million LCU | +115.2% |
| 2007 | 2.00 million LCU | -64.4% |
| 2008 | 2.47 million LCU | +23.3% |
| 2009 | 3.34 million LCU | +35.6% |
| 2010 | 4.57 million LCU | +36.7% |
| 2011 | 5.78 million LCU | +26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.65 million LCU | 1.03 million LCU | 2.70 million LCU | 9 |
| 2000s | 2.90 million LCU | 2.00 million LCU | 5.62 million LCU | 10 |
| 2010s | 5.18 million LCU | 4.57 million LCU | 5.78 million LCU | 2 |
Countries ranked near Republic of Korea
- 1 Indonesia 12.08 million LCU compare
- 1 Iran (Islamic Republic of) 300.95 million LCU compare
- 2 Viet Nam 23.57 million LCU compare
- 3 Lao People's Democratic Republic 7.88 million LCU compare
- 3 Zimbabwe 4.41 million LCU compare
- 4 Cambodia 3.09 million LCU compare
- 4 United Republic of Tanzania 1.29 million LCU
- 5 Paraguay 2.62 million LCU compare
- 5 Türkiye 16,271 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 soya beans — producer price in Republic of Korea?
- Soya beans — producer price in Republic of Korea was 5.78 million LCU in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest soya beans — producer price recorded in Republic of Korea?
- The highest recorded value was 5.78 million LCU in 2011.
- What is the lowest soya beans — producer price recorded in Republic of Korea?
- The lowest recorded value was 1.03 million LCU in 1991.
- How does Republic of Korea rank for soya beans — producer price?
- Republic of Korea ranks 2nd out of 59 countries with data for 2011.
- Is soya beans — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 152.7%. The long-run trend across the full record is rising.
- 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 Soya beans — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 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.