In 2023, South Korea's primary fruit yield stood at 161.52 Thousand Hectograms Per Hectare. Forecasted data indicate a decreasing trend, with yields expected to drop progressively to 160.39 in 2024, 159.23 in 2025, 158.08 in 2026, 156.96 in 2027, and 155.86 in 2028. The year-on-year percentage variation shows a consistent decline of approximately 0.72% in 2024, 0.72% in 2025, 0.73% in 2026, and 0.71% in 2027. Over the last two years, the yield has decreased by around 1.2%, and the Compound Annual Growth Rate (CAGR) over the five-year period is about -0.72%.
Future trends to watch for:
- Climate change impacts on agricultural productivity.
- Technological advancements in farming techniques.
- Policy changes and government support for the agricultural sector.
- Shifts in consumer demand and market dynamics.