Forecast: Truffles and Mushrooms Harvested Area in South Korea

The harvested area of truffles and mushrooms in South Korea showed fluctuations from 2013 to 2023, with notable peaks in 2015 and a general decline starting from 2018. In 2023, the harvested area stood at 159 hectares, reflecting a marginal decrease compared to previous years. The year-on-year variations have fluctuated, with the most recent two years showing minor declines. The compound annual growth rate (CAGR) over the last five years was -0.86%, indicating a slight but consistent downward trend.

Future trends to watch for:

  • Continued slight decline in harvested area as forecasted by a 5-year CAGR of -0.51% until 2028.
  • Potential impact of technological advancements in cultivation practices.
  • Changes in market demand for truffles and mushrooms influencing production decisions.

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