Key Market Indicators
In 2021, Germany came in first with $45,470 Million, followed by the United States, Nigeria and Pakistan respectively ranking numbers 2, 3 and 4. Agricultural production in South Korea is expected to reach $24.9 billion by 2026, up from $24.3 billion in 2021. This would be an increase of 0.4% year-on-year on average. Since 2000, South Korea has seen a 1.2% annual growth rate. In 2021, South Korea was ranked 12th worldwide, with Germany in first place at $24.3 billion. The United States, Nigeria and Pakistan ranked second, third and fourth respectively. South Korea's agricultural supply is projected to reach $48.7 billion by 2026, up from $45.5 billion in 2021. This would be an average yearly increase of 1.1%. Since 1996, the country's supply has grown at a rate of 3.9% per year. In 2021, Germany came out on top at $45.5 billion, followed by the United States, Nigeria and Pakistan in second, third and fourth place respectively.