Key Market Indicators
South Korea's cotton imports are set to decline by 1.3% per year until 2026, dropping from $1.19 billion in 2021 to $1.1 billion. Since 1993, the country's demand for cotton has decreased by an average of 0.1% each year. Meanwhile, the production of cotton in South Korea has remained stable, with a total of $4.7 thousand PPP = 2004–2006 in 2016 compared to the same figure in 2015.