The swine meat supply in South Korea for 2023 was 2.31 million metric tons. The forecasted supply from 2024 to 2028 shows a consistent upward trend, starting from 2.35 million metric tons in 2024 and reaching 2.51 million metric tons by 2028. Year-on-year variations indicate a steady growth rate of approximately 1.7% annually.
The Compound Annual Growth Rate (CAGR) over this five-year period is 1.67%, suggesting a stable and incremental increase in swine meat supply.
Future trends to watch for include potential impacts of technological advancements in swine farming, shifts in consumer demand for pork, trade policies affecting imports and exports, and any outbreaks of diseases such as swine flu that could disrupt supply chains.
