From 2013 to 2023, South Korea's domestic consumption of table grapes exhibited a consistent downward trend, decreasing from 328.6 thousand metric tons to 195.71 thousand metric tons. The year-on-year decline, particularly notable after 2013's peak, reveals a steady reduction in consumption, averaging a compound annual growth rate (CAGR) of -3.81% over the last five years.
Key year-on-year changes include a significant drop in 2016 (-13.53%) and subsequent annual declines, moderated slightly by occasional increases such as in 2018 (+6.5%). The year 2023 saw a further reduction by 3.92%. The forecast for 2024-2028 projects a continued decline at an average CAGR of -3.24%, resulting in a cumulative decrease of 15.17% over this period.
Future trends to watch for:
- Shifts in consumer preferences for alternative fruits or imported varieties.
- Potential impact of agricultural innovations and policies aimed at boosting domestic produce.
- Economic factors influencing purchasing power and consumption patterns.
