Market research

Legume bran, sharps and residues market in South Korea

Legume bran, sharps and residues market in South Korea

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The South Korean market for legume bran, sharps and residues saw pronounced volatility from 2018 to 2023, characterized by rapid growth followed by a steep decline. Total market volume expanded from 344.5 tons to a peak of 572.2 tons in 2020, then contracted sharply to 50.5 tons by 2023.

This trajectory was primarily dictated by import volumes, which swung from 302.7 tons to a high of 577 tons before falling to just 6 tons. Domestic production remained relatively stable throughout the period, ranging between 41.8 and 50.2 tons annually and thus having a limited impact on the overall market size.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 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. 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/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/t
    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/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/t
  7. 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/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/t
    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/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/t
  8. 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. 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 legume bran, sharps and residues in South Korea

In kind, 2017-2020, kg

Top producers of legume bran, sharps and residues, 2017-2020

Source: SHEV.io

World map of production of legume bran, sharps and residues, 2017-2020

Source: SHEV.io

South Korea's production of legume bran, sharps, and residues declined after two years of growth. In 2020, the country produced 48,240 kg, marking a modest 4.0% decrease from the previous year. Over the 2017-2020 period, production rose by 25.4%, with a compound annual growth rate of 7.8%. The highest production volume was recorded in 2019 at 50,230 kg, which also saw the largest annual increase of 20.2%.

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

Parameter201820192020CAGR
1Change from last year8.6%20.2%(4.0%)7.8%
Source: SHEV.io

Exports legume bran, sharps and residues from South Korea

Exports in kind, t

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

From 2017 to 2020, South Korea's exports of legume bran, sharps, and residues were almost entirely directed to Japan, which accounted for 100.0% of total exports in kind.

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

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

During the 2017-2020 period, Japan continued to be the nearly exclusive buyer of legume bran, sharps, and residues from South Korea, representing 100.0% of total export value.

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 legume bran, sharps and residues to South Korea

Imports in kind, t

South Korea's imports of foreign legume bran, sharps, and residues increased for the third consecutive year. In 2020, imports reached 577.0 t, up 18.9% from 2019. Between 2017 and 2020, imports grew by 174.2%, translating to an annualized rate of 40.0%.

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

Parameter201820192020CAGR
1Change from last year43.9%60.3%18.9%40.0%
Source: SHEV.io

From 2017 to 2020, Ukraine and China dominated South Korea's imports of legume bran, sharps, and residues in kind, while other markets played a less significant role.

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 legume bran, sharps, and residues in value terms rose for the third year in a row. In 2020, imports totaled 307.6 thousand US dollars, showing a strong 17.7% increase compared to 2019. Over the 2017-2020 span, imports surged by 821.5%, equivalent to an annualized growth rate of 109.6%.

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

Parameter201820192020CAGR
1Change from last year165.3%195.1%17.7%109.6%
Source: SHEV.io

Between 2017 and 2020, China was the dominant player in South Korea's import structure by value, absorbing 78.6% of total flows, with numerous smaller partners making up the remainder.

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

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