Soya beans — Gross Production Value in Republic of Korea
Republic of Korea: Soya beans — Gross Production Value was 494,173 1000 USD in 2024. ▲ Rising
Soya beans — Gross Production Value in Republic of Korea, 1991–2024
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 494,173 1000 USD, measured in 2024.
Compared with earlier readings it is up 5.0% on the previous year and up 4.8% over ten years.
Over the whole period, soya beans — gross production value in Republic of Korea peaked at 920,778 1000 USD in 2006 and was at its lowest, 196,403 1000 USD, in 1998.
That places Republic of Korea 12th out of 75 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Soya beans — Gross Production Value in Republic of Korea, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 256,822 1000 USD | — |
| 1992 | 261,577 1000 USD | +1.9% |
| 1993 | 284,903 1000 USD | +8.9% |
| 1994 | 277,711 1000 USD | -2.5% |
| 1995 | 346,100 1000 USD | +24.6% |
| 1996 | 351,905 1000 USD | +1.7% |
| 1997 | 289,717 1000 USD | -17.7% |
| 1998 | 196,403 1000 USD | -32.2% |
| 1999 | 263,537 1000 USD | +34.2% |
| 2000 | 249,213 1000 USD | -5.4% |
| 2001 | 208,626 1000 USD | -16.3% |
| 2002 | 217,075 1000 USD | +4.0% |
| 2003 | 240,950 1000 USD | +11.0% |
| 2004 | 376,564 1000 USD | +56.3% |
| 2005 | 467,590 1000 USD | +24.2% |
| 2006 | 920,778 1000 USD | +96.9% |
| 2007 | 246,019 1000 USD | -73.3% |
| 2008 | 297,007 1000 USD | +20.7% |
| 2009 | 364,743 1000 USD | +22.8% |
| 2010 | 296,603 1000 USD | -18.7% |
| 2011 | 405,184 1000 USD | +36.6% |
| 2012 | 396,517 1000 USD | -2.1% |
| 2013 | 511,722 1000 USD | +29.1% |
| 2014 | 471,623 1000 USD | -7.8% |
| 2015 | 355,848 1000 USD | -24.5% |
| 2016 | 261,534 1000 USD | -26.5% |
| 2017 | 312,888 1000 USD | +19.6% |
| 2018 | 338,366 1000 USD | +8.1% |
| 2019 | 318,440 1000 USD | -5.9% |
| 2020 | 271,608 1000 USD | -14.7% |
| 2021 | 381,761 1000 USD | +40.6% |
| 2022 | 433,471 1000 USD | +13.5% |
| 2023 | 470,417 1000 USD | +8.5% |
| 2024 | 494,173 1000 USD | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 280,964 1000 USD | 196,403 1000 USD | 351,905 1000 USD | 9 |
| 2000s | 358,856 1000 USD | 208,626 1000 USD | 920,778 1000 USD | 10 |
| 2010s | 366,872 1000 USD | 261,534 1000 USD | 511,722 1000 USD | 10 |
| 2020s | 410,286 1000 USD | 271,608 1000 USD | 494,173 1000 USD | 5 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is soya beans — gross production value in Republic of Korea?
- Soya beans — gross production value in Republic of Korea was 494,173 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 920,778 1000 USD in 2006.
- What is the lowest soya beans — gross production value recorded in Republic of Korea?
- The lowest recorded value was 196,403 1000 USD in 1998.
- How does Republic of Korea rank for soya beans — gross production value?
- Republic of Korea ranks 12th out of 75 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 4.8%. The long-run trend across the full record is rising.
- 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 (current 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.