Market research

Dried shelled peas market in South Korea

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The South Korean dried shelled peas market volume increased consistently from 2 858 t in 2018 to a peak of 4 974 t in 2021. This growth was entirely import-driven, with domestic production remaining minimal at 6 t annually.

After 2021, the market contracted for two consecutive years, falling to 4 547 t in 2022 and further to 4 073 t in 2023. The decline coincided with geopolitical disruptions following Russia's invasion of Ukraine and adverse weather conditions, which raised global grain prices and strained supply chains, reducing the availability and affordability of imports.

Throughout the period, the market's dependence on imports remained absolute, with no significant changes in domestic output or export activity.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in South Korea
  1. 5.1.1. Annual dynamics of production in South Korea in kind, 2018-2023, kg
  2. 5.1.2. Annual dynamics of production in South Korea in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production dried shelled peas in South Korea

In kind, 2017-2020, kg

Top producers of dried shelled peas, 2017-2020

Source: SHEV.io

World map of production of dried shelled peas, 2017-2020

Source: SHEV.io

South Korea's production of dried shelled peas has declined for the second year in a row. In 2020, the country produced 5,630 kg, marking a gradual decrease of 6.8% from the previous year. Looking at the period from 2017 to 2020, production fell by 5.7%, with an average annual decline of 1.9%. The highest production level was recorded in 2018 at 6,330 kg, which also saw the largest annual increase of 6.0%.

Annual dynamics of production in South Korea in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.0%	(4.6%)	(6.8%)	(1.9%)

Source: SHEV.io

Exports dried shelled peas from South Korea

Exports in kind, t

In 2018, South Korea exported 0.3 tonnes of dried shelled peas, representing a dramatic year-over-year surge of 29,978.0%.

Annual dynamics of product's exports from South Korea in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	29 978.0%	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Bangladesh was the overwhelmingly dominant market for South Korea's dried shelled pea exports in volume terms, consistently making up 99.7% of the total.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South Korea in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

South Korea's exports of dried shelled peas reached $8,000 in 2018, reflecting a sharp increase of 56,014.3% compared to 2017.

Annual dynamics of product's exports from South Korea in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	56 014.3%	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Bangladesh accounted for 99.8% of the total value of dried shelled pea exports from South Korea, solidifying its position as the overwhelmingly dominant market.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South Korea in value, 2017-2020

Source: SHEV.io

Imports dried shelled peas to South Korea

Imports in kind, t

South Korea's imports of dried shelled peas have risen for the second consecutive year. In 2020, imports totaled 4,344 tonnes, showing a solid increase of 24.1% from 2019. Over the 2017-2020 period, imports grew by 42.9%, with an average annual growth rate of 12.6%. The lowest import volume was recorded in 2018 at 2,851 tonnes, which also saw the largest annual decline of 6.2%.

Annual dynamics of product's imports to South Korea in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.2%)	22.8%	24.1%	12.6%

Source: SHEV.io

From 2017 to 2020, the United States was the leading source for South Korea's dried shelled pea imports in volume terms, holding a 75.7% share, while other markets combined accounted for the remainder.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South Korea in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

South Korea's imports of dried shelled peas have increased for the third year in a row. In 2020, imports were valued at $3,286,000, representing a 21.6% year-over-year gain. Between 2017 and 2020, imports rose by 52.2%, equating to an average annual growth rate of 15.0%.

Annual dynamics of product's imports to South Korea in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.4%	19.9%	21.6%	15.0%

Source: SHEV.io

In the 2017-2020 period, the United States (59.0% of import value), China (17.7%), and Canada (13.6%) were the main sources in the geographical breakdown of dried shelled pea imports to South Korea in value terms, together accounting for 90.3% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South Korea in value, 2017-2020

Source: SHEV.io