The forecasted import of soya sauce to South Korea shows a consistent upward trend from 2024 to 2028. In 2023, the import volume stood at 10.758 million kilograms. Starting from a forecasted 11.093 million kilograms in 2024, values are projected to increase steadily, reaching 12.492 million kilograms by 2028. Year-on-year variations indicate incremental growth: approximately 3.24% from 2024 to 2025, 3.09% from 2025 to 2026, 2.93% from 2026 to 2027, and 2.78% from 2027 to 2028. The cumulative average growth rate (CAGR) over these five years is projected at around 2.96% annually, showcasing stable expansion in soya sauce imports.
Future trends to watch for include potential changes in consumer preferences for imported versus domestic soya sauce, shifts in trade policies, and international market dynamics that could influence import volumes. Monitoring global supply chain disruptions and their impact on soya sauce availability will also be crucial.
