Key Market Indicators
Korea's agricultural sector is set to increase in the coming years. The country's agricultural GDP is expected to reach $25 billion by 2026, up 0.4% from $24.3 billion in 2021. Over the past two decades, it has grown at an average rate of 1.2% yearly. Meanwhile, Korea's agricultural output is projected to reach $49 billion by 2026, an increase of 1.1% from $45.5 billion in 2021. Since 1996, it has grown at a 3.9% annual rate. These figures indicate that Korea's agricultural sector is likely to continue to expand in the years to come.
