The tomatoes market size in South Korea stood at 322.0 thousand metric tons in 2023. The forecasted volume for 2024 is 314.0 thousand metric tons, showing a year-on-year decline of 2.48%. This downward trend continues annually: 306.0 thousand metric tons in 2025 (-2.55%), 298.0 thousand metric tons in 2026 (-2.61%), 290.0 thousand metric tons in 2027 (-2.68%), and 283.0 thousand metric tons in 2028 (-2.41%). Over the last two years, the market shrunk at an average rate of 2.62% per year. Over the forecasted period, the market is expected to decrease at a CAGR of around 2.55%.
Future trends to watch for include the impact of advancements in agricultural technology, changing consumer preferences, and potential shifts in dietary trends favoring or disfavoring tomato consumption. Also, government policies on agriculture, climate changes affecting crop yields, and international trade dynamics could significantly influence the market direction.
