Key Market Indicators
Korea's livestock production is expected to reach around 7.7 million heads by 2026, up 1.2% annually compared to 7.2 million in 2021. The country has seen a 1.9% annual increase since 1966, ranking 51st on the list in 2021. The Netherlands overtook Korea, with Brazil, India and the United States coming in second, third and fourth place, respectively. Korea's livestock import is forecast to reach around $94 million by 2026, a 1.7% year-on-year rise from $84 million in 2021. Since 1993, the country's demand has increased 3.2% annually, ranking 40th on the list in 2021. Morocco took the lead, with Germany, Italy and the Netherlands coming in second, third and fourth place, respectively.