Raw cane or beet sugar (centrifugal only) — Terms of trade in Republic of Korea

Republic of Korea: Raw cane or beet sugar (centrifugal only) — Terms of trade was 42.05 % in 2024. ▼ Falling

Latest (2024)
42.05 %
Change on year
up 10.4%
World rank
87th
of 98 countries
All-time high
166.26 %
in 2014
All-time low
38.09 %
in 2023
Years of data
15
2010–2024

Raw cane or beet sugar (centrifugal only) — Terms of trade in Republic of Korea, 2010–2024

501001502010201720242010: 104.1 %2011: 57.6 %2012: 43.9 %2013: 110.8 %2014: 166.3 %2015: 68.4 %2016: 56.8 %2017: 45.7 %2018: 63.2 %2019: 85 %2020: 68.6 %2021: 56.6 %2022: 45 %2023: 38.1 %2024: 42 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Republic of Korea recorded 42.05 % for raw cane or beet sugar (centrifugal only) — terms of trade in 2024.

The figure is up 10.4% on the previous year and down 74.7% over ten years.

Over the whole period, raw cane or beet sugar (centrifugal only) — terms of trade in Republic of Korea peaked at 166.26 % in 2014 and was at its lowest, 38.09 %, in 2023.

That places Republic of Korea 87th out of 98 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Raw cane or beet sugar (centrifugal only) — Terms of trade in Republic of Korea, year by year

Annual values for Raw cane or beet sugar (centrifugal only) — Terms of trade in Republic of Korea, 2010 to 2024.
Year % Change
2010 104.08 %
2011 57.61 % -44.6%
2012 43.9 % -23.8%
2013 110.81 % +152.4%
2014 166.26 % +50.0%
2015 68.4 % -58.9%
2016 56.78 % -17.0%
2017 45.68 % -19.5%
2018 63.16 % +38.3%
2019 84.99 % +34.6%
2020 68.59 % -19.3%
2021 56.65 % -17.4%
2022 45 % -20.6%
2023 38.09 % -15.4%
2024 42.05 % +10.4%

Biggest year-on-year movements

Years where Raw cane or beet sugar (centrifugal only) — Terms of trade 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.

YearChange FromTo
2013 +152.4% 43.9 % 110.81 %

Averages by decade

DecadeAverage LowestHighest Years
2010s 80.17 % 43.9 % 166.26 % 10
2020s 50.08 % 38.09 % 68.59 % 5

Countries ranked near Republic of Korea

  1. 84 Kuwait 47.48 % compare
  2. 85 Belgium 46.83 % compare
  3. 86 Australia 43.6 % compare
  4. 88 Romania 38.19 % compare
  5. 89 Bulgaria 35.94 % compare
  6. 90 Norway 34.39 % compare

See the full ranking of 104 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is raw cane or beet sugar (centrifugal only) — terms of trade in Republic of Korea?
Raw cane or beet sugar (centrifugal only) — terms of trade in Republic of Korea was 42.05 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw cane or beet sugar (centrifugal only) — terms of trade recorded in Republic of Korea?
The highest recorded value was 166.26 % in 2014.
What is the lowest raw cane or beet sugar (centrifugal only) — terms of trade recorded in Republic of Korea?
The lowest recorded value was 38.09 % in 2023.
How does Republic of Korea rank for raw cane or beet sugar (centrifugal only) — terms of trade?
Republic of Korea ranks 87th out of 98 countries with data for 2024.
Is raw cane or beet sugar (centrifugal only) — terms of trade rising or falling in Republic of Korea?
Over the last ten years it is down 74.7%. The long-run trend across the full record is falling.
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 Raw cane or beet sugar (centrifugal only) — Terms of trade. Statizoid updates them automatically from the source API.

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Raw cane or beet sugar (centrifugal only) — Terms of trade in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://agriculture.statizoid.com/stat/raw-cane-or-beet-sugar-centrifugal-only-terms-of-trade/republic-of-korea/

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About this data

Indicator
Raw cane or beet sugar (centrifugal only) — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
104 places, 1,411 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK