Forecast: Import of Melons to South Korea

In 2023, South Korea's import of melons stood at 3.1651 million USD. Forecasted values indicate a steady increase: 3.2761 million USD in 2024, 3.3881 million USD in 2025, 3.4978 million USD in 2026, 3.6054 million USD in 2027, and 3.7108 million USD in 2028.

Year-on-year variations:

  • 2024: 3.5%
  • 2025: 3.4%
  • 2026: 3.2%
  • 2027: 3.1%
  • 2028: 2.9%

The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is 3.22%, reflecting a consistent upward trend over the next five years.

Future trends to watch for include potential changes in consumer preferences, shifts in trade policies, and the impact of climate change on melon production in exporting countries, which could affect import volumes and values.

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