Year-on-year variations: 2025 (-12.61%), 2026 (-14.18%), 2027 (-16.21%), 2028 (-18.91%). The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is -15.92%.
Future trends to watch: The consistent decline in exports suggests potential competitiveness issues or changing market demands in South Korea. Monitoring shifts in consumer preferences, trade policies, and competitive landscape will be crucial in addressing and potentially reversing this trend.
