Key Market Indicators
Korean lamb production is expected to hit nearly 1.8 metric tons by 2026, down 13.4% from 4 metric tons in 2021. Since 1966, it has steadily declined by almost 8% annually. In 2021, it ranked 177th in the world, falling behind Jamaica which produced 4 metric tons. Australia, New Zealand and Algeria held the top three positions in the ranking, respectively.
