Forecast: Import of Oranges to South Korea

The import of oranges to South Korea is projected to increase steadily from 159.15 million kilograms in 2024 to 168.56 million kilograms by 2028. Looking back at 2023, the imports were at 156.95 million kilograms. Over the last two years, we observe year-on-year variations with 2024 seeing a 1.4% increase and 2025 a further 1.5% rise. Considering the longer term, the Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.4%, indicating a consistent annual increase.

Future trends to watch for include changes in consumer preferences, potential trade policy adjustments, and global orange supply variability due to weather conditions or disease outbreaks. Tracking these factors will be critical for anticipating shifts in the import volume and strategizing accordingly.

  • 2023: 156.95 million kg (baseline)
  • 2024: +1.4%
  • 2025: +1.5%
  • 2026-2028: approx. 1.4% CAGR

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