Nuts demand in South Korea has shown minimal fluctuation over the past decade, averaging around 142 thousand metric tons in 2023. This level has remained stable year-on-year since 2021. Previous years saw slight variations, but the compound annual growth rate (CAGR) over the last five years was -0.28%, indicating a marginally decreasing trend. The forecast for 2028 suggests a further slight decline with a 5-year CAGR of -0.14%, translating to an overall decrease in demand by 0.7% over this period.
Key future trends to watch for include the impact of shifting consumer preferences toward healthier snack alternatives and potential changes in supply chain dynamics, which could influence demand levels. Additionally, any economic factors or policy changes affecting import-export regulations may also play a significant role.
