From 2013 to 2023, fresh groundwater abstractions for irrigation in South Korea showed significant fluctuation. Early years (2013-2016) witnessed stability and slight growth, followed by a sharp decline in 2017 and 2018. Recovery began in 2019, with relatively stable values around 1.24 billion cubic meters from 2021 to 2023.
The year-on-year percentage variations from 2023 to 2024 indicate minimal change, maintaining a steady abstraction volume of 1.24 billion cubic meters. The five-year CAGR from 2023 points to low growth at 0.1% annually by 2028. This trend suggests a plateau in abstraction volumes over the forecast period.
Future trends to watch for:
- Impact of regulatory changes on water usage and environmental policies.
- Technological innovations in irrigation efficiency.
- Climate change effects on groundwater levels and irrigation needs.
