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Hollywoodaction
Joined: 02 Jul 2004
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 Posted: Thu Sep 07, 2006 3:26 pm Post subject: Korean food second most expensive in the world. |
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http://english.chosun.com/w21data/html/news/200609/200609070025.html
Apparently, the Korean government isn't with it when it comes to the prices. 100g of Korean beef goes for 6400won, 64000won/kg (so, roughly 64$/kg) (a 300% increase in the last 10 years). Rice goes for about 2.15$/kg when you buy in bulk (20kg bags). It's far more expensive than that when you buy smaller quantities. |
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VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
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| Posted: Thu Sep 07, 2006 4:21 pm Post subject: |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Thu Sep 07, 2006 4:31 pm Post subject: |
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| so do those of you still in korea agree? It's been 3 years since I left, but curious if things have jumped up as much as the article says. I remember beef to always have been expensive. |
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khyber
Joined: 16 Jan 2003
Location: Compunction Junction
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| Posted: Thu Sep 07, 2006 4:35 pm Post subject: |
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| When Korean consumer prices are set as the standard of 100, U.S. prices stood at 180 in 2000. But the figure dropped to 148 in 2002, 116 in 2005 and 110 in June 2006. In other words, U.S. consumer prices were 80 percent higher than in Korea in 2000 but only 10 percent higher this June. British and Swiss consumer prices were twice as high as Korea with 180 and 209 in 2000 but only at 126 and 159 June this year. In |
I'm sorry but my feeble, FEEBLE brain BARELY managed to wrap my head around this. |
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matthews_world
Joined: 15 Feb 2003
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| Posted: Thu Sep 07, 2006 8:01 pm Post subject: |
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| Anything that's imported is pretty pricey here. The FTA agreement should help. |
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Gwangjuboy
Joined: 08 Jul 2003
Location: England
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| Posted: Fri Sep 08, 2006 2:40 am Post subject: |
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| Koreans are so obsessed with being an "expensive" nation. It's nuts when you think about per capita GDP in Korea compared with other industrialised nations. Certain Koreans don't give a damn that most of their people can't afford to live a decent life; they just obsess about being an expensive country. Bizarro. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Fri Sep 08, 2006 6:39 am Post subject: |
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| Yeah the price of rice shocked me. I didn't expect beef to be cheap but I figured a staple like rice would be a good price. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Fri Sep 08, 2006 7:31 pm Post subject: |
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| mindmetoo wrote: |
| Yeah the price of rice shocked me. I didn't expect beef to be cheap but I figured a staple like rice would be a good price. |
Makes me wonder why Korean companies don't start raising cattle in China for import to Korea. My guess is that the production costs really aren't that high here. Consumers are just being ripped off. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Fri Sep 08, 2006 11:52 pm Post subject: |
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| Hollywoodaction wrote: |
| mindmetoo wrote: |
| Yeah the price of rice shocked me. I didn't expect beef to be cheap but I figured a staple like rice would be a good price. |
Makes me wonder why Korean companies don't start raising cattle in China for import to Korea. My guess is that the production costs really aren't that high here. Consumers are just being ripped off. |
I think the Korean agricultural industry is heavily protected. And the Korean farmers are a rather violent group. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Sat Sep 09, 2006 1:15 am Post subject: |
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| mindmetoo wrote: |
| Hollywoodaction wrote: |
| mindmetoo wrote: |
| Yeah the price of rice shocked me. I didn't expect beef to be cheap but I figured a staple like rice would be a good price. |
Makes me wonder why Korean companies don't start raising cattle in China for import to Korea. My guess is that the production costs really aren't that high here. Consumers are just being ripped off. |
I think the Korean agricultural industry is heavily protected. And the Korean farmers are a rather violent group. |
You know, that's why I kind of wish that the US-Korea FTA comes through. I have no respect for people that use violence to defend their position. Ironically, Korea and Canada have been in talks for a FTA (it might have already been signed, for all I know) and nobody seems to care. I know Korea has signed FTA with other countries. You think the whole thing has more to do with anti-Americanism than protectionism? Couldn't be!  |
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hepcat
Joined: 07 Mar 2005
Location: Daegu
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| Posted: Sat Sep 09, 2006 1:51 am Post subject: |
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| Hollywoodaction wrote: |
I have no respect for people that use violence to defend their position. |
So you must have no respect for Americans--trigger-happy at home, bomb-happy abroad. Military bases in 130 of 180 the world's nations. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Sat Sep 09, 2006 3:00 am Post subject: |
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| Hollywoodaction wrote: |
You know, that's why I kind of wish that the US-Korea FTA comes through. I have no respect for people that use violence to defend their position. Ironically, Korea and Canada have been in talks for a FTA (it might have already been signed, for all I know) and nobody seems to care. I know Korea has signed FTA with other countries. You think the whole thing has more to do with anti-Americanism than protectionism? Couldn't be! |
That is true. The Chile FTA did raise some ire. But I guess no one pays much attention to lil ol' Canada when the USA is also doing a FTA deal. Or maybe Koreans just assume Canada is part of the USA and any change to the USA/Korea FTA will cover Canada. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sat Sep 09, 2006 4:05 am Post subject: |
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| I have an acquaintance who favors FTAs with smaller economies but objects to the proposed one with the US. Why? Because Korea can dominate the smaller ones. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Sat Sep 09, 2006 4:24 am Post subject: |
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| hepcat wrote: |
| Hollywoodaction wrote: |
I have no respect for people that use violence to defend their position. |
So you must have no respect for Americans--trigger-happy at home, bomb-happy abroad. Military bases in 130 of 180 the world's nations. |
You fall flat on your face if you think that you've shown me right because, you see, I'm not American. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Sat Sep 09, 2006 4:27 am Post subject: |
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| mindmetoo wrote: |
| Hollywoodaction wrote: |
You know, that's why I kind of wish that the US-Korea FTA comes through. I have no respect for people that use violence to defend their position. Ironically, Korea and Canada have been in talks for a FTA (it might have already been signed, for all I know) and nobody seems to care. I know Korea has signed FTA with other countries. You think the whole thing has more to do with anti-Americanism than protectionism? Couldn't be! |
That is true. The Chile FTA did raise some ire. But I guess no one pays much attention to lil ol' Canada when the USA is also doing a FTA deal. Or maybe Koreans just assume Canada is part of the USA and any change to the USA/Korea FTA will cover Canada. |
Most Koreans would be surprised to know that Canada produces rice and ginseng. |
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