The demand for honey in South Korea has shown a consistent trend of stability from 2015 to 2023, with no variation in volume observed. In 2015, demand increased by 3.85% compared to 2014 and remained constant at 27.0 thousand metric tons from 2016 through 2023. The year-on-year variation over the last two years stands at 0%, and the five-year CAGR from 2019-2023 also indicates a 0% growth rate.
Future trends to watch for include potential influences from dietary changes, health trends, and any shifts in agricultural policy or trade agreements that might affect honey production or imports. Monitoring these factors will be crucial to anticipating any future fluctuations in demand.
