The table grapes import in South Korea showcased a fluctuating trend over the past decade. Starting from 60.4 thousand metric tons in 2013, it saw an initial increase but hit the lowest point in 2022 at 40 thousand metric tons. The highest import was in 2018 at 72.7 thousand metric tons. By 2023, the volume stood at 42.61 thousand metric tons, marking a slight rise from 2022. Year-on-year variations were evident with notable declines in 2015, 2017, and 2019, balanced by significant positive spikes in 2018 and a recovery starting 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been -3.94% but shows a positive forecasted CAGR of 2.63% up to 2028.
Future trends to watch for:
- Global trade policies impacting grape imports in South Korea.
- Emerging health-conscious consumer behavior boosting grape consumption.
- Technological advancements in preservation and transportation enhancing import efficiency.
- Potential impact of climate change on global grape production affecting supply chains.
- Increased focus on sustainability may lead to shifts in import sources or volumes.
