Based on the available data, the import values from 2024 to 2028 for South Korea are forecasted as follows (in Million Kilograms):
- 2024: 1.2766
- 2025: 1.3152
- 2026: 1.3531
- 2027: 1.3902
- 2028: 1.4266
Year-on-Year Variation (%):
- 2025: 3.02%
- 2026: 2.88%
- 2027: 2.74%
- 2028: 2.62%
Compound Annual Growth Rate (CAGR) over the last 5 years: 2.82%
Future Trend Watch
The steady increase in import volumes indicates growing demand for motorboats in South Korea. Factors such as rising disposable incomes, marine tourism, and advancements in maritime infrastructure are likely to influence future growth. Monitoring government regulations and environmental policies will also be critical in forecasting long-term trends.
