The vegetable production in South Korea for 2023 stood at 10.40 million metric tons. The forecasted production for 2024 is 10.35 million metric tons, decreasing slightly year-on-year by 0.48%. This trend continues with a gradual decline: 10.31 million metric tons in 2025 (-0.39%), 10.27 million metric tons in 2026 (-0.39%), 10.24 million metric tons in 2027 (-0.29%), and 10.2 million metric tons in 2028 (-0.39%). Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) for vegetable production is approximately -0.41%.
Future trends to watch for:
- Technological advancements in agriculture.
- Climate change impacts on crop yields.
- Government policies on agricultural subsidies and support.
- Shifts in dietary preferences and consumer demand.
