Market research

Treenuts market in South Korea

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The treenuts market in South Korea exhibited significant fluctuations between 2018 and 2023. After a modest decline to 122 279 t in 2019, market volume rose to 126 607 t in 2020 and then surged to a peak of 144 217 t in 2021. This expansion was followed by a sharp contraction to 125 487 t in 2022, before a recovery to 133 710 t in 2023.

The market's peak in 2021 was accompanied by a substantial increase in imports, which reached 77 353 t, while domestic production held steady near 72 000 t. The subsequent drop in 2022 aligned with a decline in import volumes to 58 926 t. Underlying these trade shifts, broader industry developments such as the sustained growth of the pet food sector, the rise of pet humanization boosting demand for premium ingredients, and the continued expansion of online distribution channels likely influenced consumption patterns and nut availability.

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, t
  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, t
  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, t
  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, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, M $ 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, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, M $ 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. 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, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, M $ 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, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, M $ 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. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 treenuts in South Korea

In kind, 2017-2020, t

South Korea was among the world's leading producers of treenuts from 2017 to 2020, ranking 30th globally by production volume during this period.

Top producers of treenuts, 2017-2020

Source: SHEV.io

World map of production of treenuts, 2017-2020

Source: SHEV.io

Treenuts production in South Korea declined for the second consecutive year. In 2020, the country produced 72 802 tonnes of treenuts, marking a 1.2% reduction compared to 2019. Production peaked in 2018 at 74 002 tonnes, which represented a 0.3% increase from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.3%	(0.4%)	(1.2%)	(0.4%)

Source: SHEV.io

Exports treenuts from South Korea

Exports in kind, t

Treenuts exports from South Korea declined for the third consecutive year. In 2020, exports amounted to 3 570 tonnes, down by 48.9% compared to 2019. Between 2017 and 2020, exports decreased by 60.6%, equating to an annualized decline of 26.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.1%)	(11.1%)	(48.9%)	(26.7%)

Source: SHEV.io

From 2017 to 2020, the geographical pattern of South Korea's treenuts exports was characterized by a strong dominance of China, which accounted for 88.1% of total export volumes, while other partners held relatively minor shares.

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, M $ US

Treenuts shipments from South Korea to abroad declined for the third consecutive year. In 2020, exports registered 10.6 million US dollars, representing a substantial decrease of 24.1% versus the previous year. Between 2017 and 2020, exports decreased by 53.3%, equating to an annualized decline of 22.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.5%)	(36.2%)	(24.1%)	(22.4%)

Source: SHEV.io

Throughout 2017–2020, China was the main buyer of treenuts from South Korea, taking 74.4% of total exports in value terms, while other partners had relatively modest shares.

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 treenuts to South Korea

Imports in kind, t

In 2020, the volume of treenuts imports into South Korea reached 57 374 tonnes, marking a 3.2% increase compared to the previous year. The minimum value was recorded in 2019 at 55 596 tonnes, while imports peaked in 2018 at 57 421 tonnes, representing a 3.2% decline from that peak in 2019. Over the period 2017-2020, imports increased by 2.9%, with a compound annual growth rate of 1.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.0%	(3.2%)	3.2%	1.0%

Source: SHEV.io

Throughout 2017–2020, the United States remained the main source for South Korea's treenuts imports in volume terms, taking 70.7% of total flows, with the remaining share distributed across various smaller markets.

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, M $ US

South Korea's treenuts imports declined for the second consecutive year. In 2020, imports were recorded at 338.1 million US dollars, down by 4.4% compared to the previous year. Imports peaked in 2018 at 438.5 million US dollars, followed by a 19.3% decline in 2019 and an 8.1% increase in 2018 from the prior year. Between 2017 and 2020, imports decreased by 16.7%, equating to an annualized decline of 5.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	(19.3%)	(4.4%)	(5.9%)

Source: SHEV.io

In 2017–2020, the United States was the key supplier of treenuts to South Korea, taking 74.0% of total imports in value terms, while a diversified group of other countries accounted for 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