From 2013 to 2023, South Korea saw a varying trend in the import of Electrical and Electronic Equipment, with values ranging from $71.532 billion in 2013 to $94.386 billion in 2023. Notable fluctuations include a significant drop in 2020 and a strong rebound in 2021. Over the past two years, the year-on-year variation remained stable at around 2%. The 5-year CAGR from 2018 to 2023 is relatively modest at 2.41%.

The forecasted data from 2024 to 2028 suggests a gradual increase in imports, with an anticipated 5-year CAGR of 1.72% and overall growth rate of 8.88%. These projections indicate steady, though moderate, growth in the sector.

Future trends to watch for:

Potential impacts of global economic shifts on import costs.
Technological advancements and their influence on demand patterns.
Trade policies and relations that may affect import volumes.
Evolving market needs in South Korea, especially in green and renewable technologies.