In 2023, the import volume of fermented beverages in South Korea stood at 19.00 thousand metric tons. The forecasted data from 2024 to 2028 indicates a steady upward trend. Specifically, the import volumes are expected to rise as follows: 19.59 in 2024, 20.23 in 2025, 20.86 in 2026, 21.48 in 2027, and 22.09 thousand metric tons in 2028.
The year-on-year percentage variations show the following changes: an increase of 3.1% from 2023 to 2024, 3.3% from 2024 to 2025, 3.1% from 2025 to 2026, 3.0% from 2026 to 2027, and 2.8% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years is calculated to be approximately 3.1%.
This data suggests a consistent growth in the import volume of fermented beverages in South Korea, indicating a robust market demand. Future trends to watch for include potential changes in consumer preferences, emerging developments in the global supply chain, and any economic or regulatory factors that could impact import activities.
