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Kimchi ingredient cost in South Korea is down by 12.1% from the previous year, 20 heads of cabbage are 210,000 won

Vegetables
South Korea
Published Nov 29, 2022

Tridge summary

aT (Korea Agro-Fisheries & Food Corporation, President Kim Chun-jin) announced on the 27th that this year's kimchi cost is showing a stable trend at a reduced level compared to last year.

Original content

According to the results of the aT survey, the cost of making kimchi based on 20 heads of cabbage on the 24th was 210,470 won, down 2.1% from last week (November 17), which is 12.1% lower than the cost of making kimchi in late November last year. It also fell 4.9% from 221,389 won for kimchi two weeks ago. By item, the price of cabbage, radish, and chives, which increased shipments due to the peak season for kimchi, decreased by 5.1%, 7.4%, and 7.4%, respectively, from last week. In addition, the price of red pepper powder and garlic also fell by 0.2% and 3.2%, respectively, and despite the increase in the price of some seasoned vegetable items such as green onion and ginger, the total cost of kimchi equipment decreased. In order to alleviate consumer price inflation during kimchi-making, the government continues to supply stockpiled items such as dried peppers, garlic, and onions to the market to stabilize supply and demand, and is expanding the range of discounts by ...
Source: Nongmin
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