Forecast: Table Grapes Production in South Korea

South Korea's table grape production has witnessed significant fluctuations over the past decade. After peaking at 268.6 thousand metric tons in 2013, production showed a marked decline, dropping to 165.9 thousand metric tons by 2020 and remaining stable until 2022. In 2023, production further decreased by 18.16% to 135.77 thousand metric tons. The projected figures indicate a continuous decline with a forecasted production of 84.64 thousand metric tons by 2028. The forecasted average annual decline (CAGR) over the next five years is 7.55%.

Key trends to monitor include:

  • Persistent decline in grape production volume.
  • Increasing competition from imported grapes.
  • Potential shifts in domestic agricultural policies.
  • Technological advancements in cultivation methods.
  • Changes in consumer preferences towards other fruits.

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