In 2023, the import of coconuts, Brazil nuts, and cashew nuts to South Korea stood at 150.00 million US dollars. Forecasted data shows a consistent year-on-year increase, with values rising from 158.53 million US dollars in 2024 to 188.55 million US dollars by 2028. The variations represent approximately 4.91% from 2024 to 2025, 4.55% from 2025 to 2026, 4.26% from 2026 to 2027, and 4.02% from 2027 to 2028. Over this five-year period, the Compound Annual Growth Rate (CAGR) stands at around 4.35%.
Future trends to watch for include shifts in consumer preferences towards healthier snacks and dietary options, which could further boost imports of these nuts. Moreover, global trade policies and changes in import tariffs could impact future volumes and values. Sustainability concerns and eco-friendly sourcing may also influence market dynamics.