Primary fruit production in South Korea stood at 2.9618 million metric tons in 2023. Over the last decade, production has shown variability with a general downward trend from 2014 onwards. The last two years reflect a slight decline, with -1.09% in 2022 and -1.08% in 2023. The compound annual growth rate (CAGR) over the previous five years was only 0.017%, reflecting a stable yet stagnant growth pattern.
Future forecasts indicate a continued decline. The expected CAGR from 2024 to 2028 is -0.93%, demonstrating an average annual production decrease. By 2028, production is expected to drop to approximately 2.7932 million metric tons, marking an overall decline of 4.55% from 2023 levels.
Future trends to watch for:
- Technological advancements in agricultural practices that could reverse the declining trend.
- Changes in consumer demand and dietary preferences affecting production scales.
- Climate change impacts and their implications on fruit farming efficiency and crop yields.
