In 2023, the import of walnuts in shell to South Korea stood at 433.67 thousand kilograms. In the period from 2013 to 2023, the import trends exhibited significant fluctuations. Between 2013 and 2014, the value fell sharply by -53.84%. Following a recovery phase from 2017 to 2019, the annual variation settled into a trend of slight declines, with a year-on-year decrease of approximately -0.32% by 2023.
From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was approximately +0.72%. The forecast for 2024-2028 shows a continued decline with a projected CAGR of -0.27% and a five-year growth rate of -1.34%.
Future trends to watch for include global walnut market prices, trade policies, and changes in domestic demand due to health and dietary trends.
