In 2023, the demand for pineapples in South Korea stood at 96.0 thousand metric tons. The data forecasts a gradual increase in demand from 2024 to 2028, starting at 98.0 thousand metric tons in 2024 and rising to 99.0 thousand metric tons by 2026, with stability expected through 2028.
Analyzing the year-on-year percentages, there's a consistent, albeit modest, growth in demand from 2024 to 2028, with an increase of 2.1% from 2023 to 2024. The growth from 2025 to 2026 is approximately 1.0%, with no significant change observed in 2027 and 2028. When examining the compound annual growth rate (CAGR) over the five-year period from 2024 to 2028, the average annual increase is around 0.6%.
Future trends to watch for include potential shifts in consumer preferences towards tropical fruits driven by health trends, any significant trade agreements impacting import volumes, and overall economic conditions which may influence consumer spending patterns and demand for imported fruits.
