Why a global Korean craze is making seaweed more expensive
AI Summary
South Korea, the world's largest producer and exporter of "gim" (dried seaweed), is experiencing rising prices of this staple food due to increased global demand. The growing popularity of Korean culture, including K-pop and K-dramas, has fueled international interest in Korean cuisine, driving up gim exports to a record $1.13 billion in 2023. Consequently, the price of gim in South Korea has surged, with individual sheets reaching record highs. This price increase is concerning local consumers who have long considered gim an affordable snack. Some are now reconsidering their purchasing habits due to the higher cost.
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