| Year | Import Volume (Million Metric Tons) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 1.83 | |
| 2025 | 1.86 | 1.64% |
| 2026 | 1.88 | 1.08% |
| 2027 | 1.90 | 1.06% |
| 2028 | 1.92 | 1.05% |
Compound Annual Growth Rate (CAGR) over 5 years: 1.21%
The increasing import volume of vegetable oils in South Korea is expected to continue its steady growth trend, driven by rising domestic consumption and food industry demand. Monitoring global supply chain dynamics, domestic policy changes, and shifts in consumer preferences towards healthier oil options will be crucial in forecasting future trends.
