The forecast for the import of roses to South Korea indicates a steady increase from 2024 to 2028, with projected values rising from 502.3 thousand USD in 2024 to 590.15 thousand USD in 2028. This represents a consistent year-on-year growth between 4.5% and 4.8%, highlighting a stable upward trend in the demand for imported roses.

Year-on-Year Variation (2024-2025): 4.5%
Year-on-Year Variation (2025-2026): 4.2%
Year-on-Year Variation (2026-2027): 4.0%
Year-on-Year Variation (2027-2028): 3.8%

Compound Annual Growth Rate (CAGR) from 2024 to 2028: Approximately 4.5%

Future trends to watch for:

Potential changes in trade policies and their impact on import tariffs.
Shifts in consumer preferences towards domestic or alternative floral products.
Economic factors such as exchange rate fluctuations affecting import prices.
Technological advancements in logistics and preservation contributing to cost efficiencies in importing flowers.