"Kimchi-Making Ingredients Are 10.8% Cheaper at Traditional Markets Than at Large Supermarkets"
Small Enterprise and Market Service Surveys Prices of 15 Items
Traditional Markets Average 350,447 Won... 10.8% Cheaper
Seasonings Show Largest Price Gap at 11.8%
It was found that purchasing kimchi-making ingredients at traditional markets costs 10.8% less than at large supermarkets.
On November 17, the Small Enterprise and Market Service announced the results of a price survey conducted from November 5 to 7, covering 15 kimchi-making ingredients at 37 traditional markets and 37 large supermarkets.
According to the survey, the average cost of purchasing kimchi-making ingredients at traditional markets was 350,447 won, which is about 10.8% cheaper than at large supermarkets (390,007 won). By category, traditional markets offered lower prices for seasonings (11.8%), vegetables (11.6%), and salted seafood and fresh fish (4.6%).
Out of the 15 items surveyed, 12 were cheaper at traditional markets. Notable examples include ginger (30.0%), green onions (27.3%), water parsley (27.3%), salted shrimp (19.2%), garlic (14.5%), red pepper powder (13.7%), and oysters (8.6%).
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Park Sunghyo, Chairman of the Small Enterprise and Market Service, said, "Buying kimchi-making ingredients at traditional markets this year can help reduce household expenses," and added, "I hope many people will visit traditional markets to prepare kimchi more affordably."
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