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.