Based on the forecasted data for fruit supply in South Korea from 2024 to 2028, the supply per capita per year shows a decreasing trend. In 2024, the forecasted supply is 45.3 kilograms per capita, which gradually declines each year down to 42.9 kilograms per capita by 2028. This represents a consistent year-on-year decrease. Comparatively, the supply stood at a higher value in 2023, indicating a downward trend heading into the forecast period.
Year-on-year variations are useful to observe short-term trends, while Compound Annual Growth Rate (CAGR) over five years helps gauge long-term trends. Over the last two years, the trend indicates a contraction in the supply per capita. The CAGR for the period from 2023 to 2028 suggests an average annual decrease in fruit supply per capita.
Future trends to watch for include:
- Potential impacts of climate change on fruit production.
- Shifts in consumer preferences and their effect on demand.
- Developments in agricultural technologies and practices that could enhance yield.
- Policymaking and its influence on the agricultural sector.
- Import-export dynamics that could affect the fruit supply balance.
