Forecast: Lemons and Limes Demand in South Korea

The forecasted demand for lemons and limes in South Korea shows a positive trend from 2024 to 2028. In 2023, the demand stood at 21.0 thousand metric tons, increasing to 21.5 thousand metric tons in 2024. From 2024 to 2028, the year-on-year growth rates are as follows: 1.86% from 2024 to 2025, 1.78% from 2025 to 2026, 1.75% from 2026 to 2027, and 1.63% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is projected at approximately 1.75%.

Future trends to watch for include potential market influences such as changes in consumer preferences, price fluctuations due to weather conditions affecting supply, and trade policies impacting import and export dynamics. Monitoring these factors can provide further insights into the demand trajectory for lemons and limes in South Korea.

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