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South Korea Bakery Industry Outlook 2022 - 2026

See how South Korea Bakery performed compared to key markets such as Germany, Canada and Italy.

Key Market Indicators

Korean bread exports are projected to reach $314 million by 2026, a 1.7% annual growth rate since 2021. In 1993, Korean export figures remained steady. In 2021, Korea was the 27th largest exporter, behind Bulgaria, which exported $281 million. Canada, Italy and Belgium ranked second, third and fourth respectively. Korean bread imports are expected to increase to $493 million by 2026, a 2.7% annual growth rate since 2021. Since 1993, imports had grown 5.5% annually. In 2021, Korea was the 22nd largest importer, behind Romania, which imported $417 million. The United Kingdom, Germany and France ranked second, third and fourth respectively.

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South Korea Bakery Market Data and Forecasts

How much will South Korea Bakery Market grow to 2026?

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