Publication of 'Big Data Analysis Report by Item of Garak Market'
Seoul Agro-Fisheries & Food Corporation Publishes Distribution Information Book Analyzing Major Item Trade Trends
Includes Data on 14 Vegetable and 9 Fruit Types Accounting for Top 80% of Garak Market Inbound Volume
Analysis Based on Last 5 Years' Data Covering Trade Volume (Value), Monthly Average Prices by Variety, and Main Production Areas
The Seoul Agro-Fisheries & Food Corporation (President Moon Young-pyo) has published a new distribution information booklet titled 'Big Data Analysis of Garak Market by Item' to provide useful information to producers, consumers, and other customers.
The booklet covers information on 14 types of vegetables and 9 types of fruits, which account for the top 80% of the volume brought into Garak Market.
Vegetables (14 types): Yangpa (onion), Mu (radish), Baechu (napa cabbage), Oi (cucumber), Daepa (green onion), Yangbaechu (cabbage), Gamja (potato), Hobak (pumpkin), Beoseot (mushroom), Saenggochu (fresh chili pepper), Goguma (sweet potato), Sangchu (lettuce), Paprika, Sigumchi (spinach)
Fruits (9 types): Gamgyul (tangerine), Tomato, Apple, Grape, Boksoonga (peach), Bae (pear), Strawberry, Dankam (persimmon)
The analysis information included in the booklet, such as the import ratio by variety, main shipping regions, main shipping periods, transaction volume, transaction amount, and average monthly price, was prepared using big data from Garak Market over the past five years.
The booklet also clearly explains the criteria for item grades (Special, Superior, Normal, Inferior) used in price calculation at Garak Market, as well as the price formation process and methods.
Additionally, to enable information users to access the data more accurately and conveniently, infographics were incorporated to improve readability, and the booklet was produced in an electronic format.
'Big Data Analysis of Garak Market by Item' can be viewed on the Corporation’s website in the distribution data room bulletin board.
President Moon Young-pyo stated that this booklet “is hoped to serve as a useful guide to enhance information users’ understanding and affection for Korean agricultural products and to help comprehend wholesale market distribution information,” and added, “We will continue to communicate steadily with customers and make every effort as all employees of the Corporation to deliver timely and lively distribution information of Garak Market.”
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