Import of flower seeds for sowing to South Korea exhibited varied fluctuations from 2013 to 2023, starting at $6.02 million in 2013 and standing at $6.54 million in 2023. This represents a steady increase, though with some oscillations. For instance, between 2017 and 2018, the value dropped by -5.66%, yet rebounded in subsequent years, resulting in a compounded growth rate (CAGR) of approximately 1.69% over the last five years.

From 2024 onward, the forecasted data suggests a continuing, albeit modest, growth trend with an average annual increase of 0.88%. This reflects a projected five-year growth rate of about 4.47% by 2028.

Future trends to watch for include:

Potential impacts of global trade policies and tariffs on import costs.
Advancements in seed technology and their influence on market demand.
Environmental policies and climatic changes affecting local cultivation and import needs.
Shifts in consumer preferences towards ornamental horticulture and their effect on market dynamics.