The forecasted data for oilseeds feed in South Korea indicates a decreasing trend from 2024 to 2028. In 2023, the volume stood at 18.0 thousand metric tons. The year-on-year variations show a consistent decline, with the values decreasing by 5.9% in 2024, 5.9% in 2025, 6.3% in 2026, 13.3% in 2027, and 7.7% in 2028. Over the forecasted period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) highlights an average annual decrease of 7.0%.
Future trends to watch for include the impact of changing dietary preferences, advancements in agricultural technology, and any shifts in government policies regarding agriculture and import tariffs. Additionally, global market dynamics and climate change impacts will also play a significant role in influencing the oilseeds feed sector in South Korea.
