The import of Agarbatti and other odorifers operated by burning to South Korea has shown a consistent upward trend. The actual value stood at 2.270 million USD in 2023. From 2024 to 2028, the forecasted values indicate a steady increase, rising from 2.2976 million USD in 2024 to 2.4502 million USD in 2028. The year-on-year percentage variations for the years 2024 and 2025 are approximately +1.1% and +1.7%, respectively. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be around +1.6% per year.
Future trends to watch for include potential growth in consumer preference for natural and eco-friendly products, which may positively impact the demand for Agarbatti. Economic factors such as trade policies and currency fluctuations could also play a significant role in shaping the import volumes.
