Soya beans — Gross Production Value in Republic of Korea
Republic of Korea: Soya beans — Gross Production Value was 531,538 1000 USD in 2024. ▼ Falling
Soya beans — Gross Production Value in Republic of Korea, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for soya beans — gross production value in Republic of Korea is 531,538 1000 USD, measured in 2024.
That represents a change of up 9.5% on the previous year and up 11.3% over ten years.
Over the whole period, soya beans — gross production value in Republic of Korea peaked at 1.09 million 1000 USD in 1977 and was at its lowest, 258,809 1000 USD, in 2016.
That places Republic of Korea 13th out of 74 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Soya beans — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 565,436 1000 USD | — |
| 1962 | 534,258 1000 USD | -5.5% |
| 1963 | 536,402 1000 USD | +0.4% |
| 1964 | 558,647 1000 USD | +4.1% |
| 1965 | 598,435 1000 USD | +7.1% |
| 1966 | 553,317 1000 USD | -7.5% |
| 1967 | 691,040 1000 USD | +24.9% |
| 1968 | 841,304 1000 USD | +21.7% |
| 1969 | 785,695 1000 USD | -6.6% |
| 1970 | 795,808 1000 USD | +1.3% |
| 1971 | 785,537 1000 USD | -1.3% |
| 1972 | 768,177 1000 USD | -2.2% |
| 1973 | 843,242 1000 USD | +9.8% |
| 1974 | 1.09 million 1000 USD | +29.6% |
| 1975 | 1.07 million 1000 USD | -2.5% |
| 1976 | 1.01 million 1000 USD | -5.0% |
| 1977 | 1.09 million 1000 USD | +8.1% |
| 1978 | 1.00 million 1000 USD | -8.1% |
| 1979 | 881,822 1000 USD | -12.2% |
| 1980 | 742,034 1000 USD | -15.9% |
| 1981 | 881,075 1000 USD | +18.7% |
| 1982 | 800,487 1000 USD | -9.1% |
| 1983 | 776,509 1000 USD | -3.0% |
| 1984 | 869,672 1000 USD | +12.0% |
| 1985 | 802,219 1000 USD | -7.8% |
| 1986 | 681,040 1000 USD | -15.1% |
| 1987 | 697,989 1000 USD | +2.5% |
| 1988 | 821,319 1000 USD | +17.7% |
| 1989 | 862,897 1000 USD | +5.1% |
| 1990 | 798,525 1000 USD | -7.5% |
| 1991 | 628,331 1000 USD | -21.3% |
| 1992 | 603,475 1000 USD | -4.0% |
| 1993 | 583,668 1000 USD | -3.3% |
| 1994 | 529,569 1000 USD | -9.3% |
| 1995 | 547,612 1000 USD | +3.4% |
| 1996 | 549,125 1000 USD | +0.3% |
| 1997 | 536,803 1000 USD | -2.2% |
| 1998 | 481,754 1000 USD | -10.3% |
| 1999 | 398,326 1000 USD | -17.3% |
| 2000 | 388,296 1000 USD | -2.5% |
| 2001 | 403,825 1000 USD | +4.0% |
| 2002 | 394,566 1000 USD | -2.3% |
| 2003 | 360,486 1000 USD | -8.6% |
| 2004 | 475,336 1000 USD | +31.9% |
| 2005 | 628,903 1000 USD | +32.3% |
| 2006 | 536,512 1000 USD | -14.7% |
| 2007 | 391,894 1000 USD | -27.0% |
| 2008 | 455,111 1000 USD | +16.1% |
| 2009 | 477,672 1000 USD | +5.0% |
| 2010 | 361,364 1000 USD | -24.3% |
| 2011 | 443,860 1000 USD | +22.8% |
| 2012 | 420,276 1000 USD | -5.3% |
| 2013 | 528,495 1000 USD | +25.7% |
| 2014 | 477,727 1000 USD | -9.6% |
| 2015 | 355,049 1000 USD | -25.7% |
| 2016 | 258,809 1000 USD | -27.1% |
| 2017 | 293,784 1000 USD | +13.5% |
| 2018 | 306,703 1000 USD | +4.4% |
| 2019 | 361,347 1000 USD | +17.8% |
| 2020 | 277,600 1000 USD | -23.2% |
| 2021 | 380,011 1000 USD | +36.9% |
| 2022 | 445,681 1000 USD | +17.3% |
| 2023 | 485,308 1000 USD | +8.9% |
| 2024 | 531,538 1000 USD | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 629,393 1000 USD | 534,258 1000 USD | 841,304 1000 USD | 9 |
| 1970s | 934,232 1000 USD | 768,177 1000 USD | 1.09 million 1000 USD | 10 |
| 1980s | 793,524 1000 USD | 681,040 1000 USD | 881,075 1000 USD | 10 |
| 1990s | 565,719 1000 USD | 398,326 1000 USD | 798,525 1000 USD | 10 |
| 2000s | 451,260 1000 USD | 360,486 1000 USD | 628,903 1000 USD | 10 |
| 2010s | 380,741 1000 USD | 258,809 1000 USD | 528,495 1000 USD | 10 |
| 2020s | 424,028 1000 USD | 277,600 1000 USD | 531,538 1000 USD | 5 |
Countries ranked near Republic of Korea
- 10 Republic of Moldova 10,291 1000 USD compare
- 10 Uruguay 1.18 million 1000 USD compare
- 11 Lao People's Democratic Republic 8,058 1000 USD compare
- 11 South Africa 802,938 1000 USD compare
- 12 Nigeria 597,875 1000 USD compare
- 12 Venezuela (Bolivarian Republic of) 4,426 1000 USD compare
- 13 Timor-Leste 2,105 1000 USD compare
- 14 Japan 349,571 1000 USD compare
- 15 Italy 337,866 1000 USD compare
- 16 Malawi 190,693 1000 USD compare
More agriculture & rural data for Republic of Korea
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- Oilcrops, Oil Equivalent — Yield, annual growth rate 2.56 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Production, annual growth rate 5.16 % change on previous year (2024)
- Poultry Birds — Stocks, annual growth rate -1.61 % change on previous year (2024)
- Pulses, Total — Area harvested, annual growth rate -10.59 % change on previous year (2024)
- Pulses, Total — Yield, annual growth rate 0.8905 % change on previous year (2024)
- Pulses, Total — Production, annual growth rate -9.8 % change on previous year (2024)
- Roots and Tubers, Total — Area harvested, annual growth rate 5.89 % change on previous year (2024)
- Roots and Tubers, Total — Yield, annual growth rate -1.89 % change on previous year (2024)
- Roots and Tubers, Total — Production, annual growth rate 3.89 % change on previous year (2024)
Frequently asked questions
- What is soya beans — gross production value in Republic of Korea?
- Soya beans — gross production value in Republic of Korea was 531,538 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest soya beans — gross production value recorded in Republic of Korea?
- The highest recorded value was 1.09 million 1000 USD in 1977.
- What is the lowest soya beans — gross production value recorded in Republic of Korea?
- The lowest recorded value was 258,809 1000 USD in 2016.
- How does Republic of Korea rank for soya beans — gross production value?
- Republic of Korea ranks 13th out of 74 countries with data for 2024.
- Is soya beans — gross production value rising or falling in Republic of Korea?
- Over the last ten years it is up 11.3%. 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 Soya beans — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.