Nongshim sells more of its iconic Shin Ramyun overseas than it does in the home market.
Products, props and costumes that appear in “Squid Game” are becoming popular in the real world.
According to the Korea Consumer Agency on Tuesday, the instant versions of these noodles have on average 53 percent of the 15 grams of saturated fats recommended per day and 61 percent of the 2,000 milligrams of sodium recommended.
Nongshim will raise the prices of its ramyeon products by 6.8 percent on average starting Aug. 16, the first time since 2016.
Shoppers look at ramyeon displayed at a discount mart in Seoul on Monday. According to the Korea Customs Service, exports of ramyeon during the January-to-June period rose 5.8 percent on year to $319.7 million, a record high.
Ottogi is increasing the price of Jin Ramen and two other products for the first time in over a decade.
Sales of Nongshim’s ramyeon products posted 2.09 trillion won ($1.85 billion) in 2020, up 16.3 percent compared to the previous year.
According to Korea Customs Service, exports of ramyeon between January and November jumped up 28.4 percent compared to the same period a year earlier to $549.7 million.
For the first time in four years, Koreans are consuming more ramyeon than beer.
Despite the coronavirus outbreak dealing a heavy blow to Korea’s exports, shipments of food have gone from strength to strength — particularly ramyeon and kimchi.