Forecast: Land Area Equipped for Irrigation in South Korea

From 2013 to 2023, the land area equipped for irrigation in South Korea decreased steadily, with the volume standing at 701.6 thousand hectares in 2023. The year-on-year variation for 2023 was -0.4%, showing a continuation of the decreasing trend noted over the previous years. Over the last two years, the decline has been consistent but moderate. The Compound Annual Growth Rate (CAGR) over the last five years was -0.16%, indicating a gradual reduction in irrigated land area. From 2024 onwards, the forecasted data suggests a continual decline with an expected CAGR of -0.24% over the next five years.

Future Trends to Watch For:

  • Potential impacts of climate change and water resource management on irrigation.
  • Government policies and incentives to either curb the declining trend or promote more efficient irrigation techniques.
  • Technological advancements in irrigation that could influence the extent of land area being irrigated.

Top Countries about Irrigation