In 2023, walnut production in South Korea stood at 1.14 thousand metric tons. The forecast data suggests a stable production level of 1.15 thousand metric tons from 2024 to 2026, with a slight increase to 1.16 thousand metric tons in 2027 and 2028. This translates to a year-on-year variation of 0.88% for 2027 and no change thereafter through 2028.
The compound annual growth rate (CAGR) from 2023 to 2028 is modest at approximately 0.35%. This indicates a highly stable but marginally growing walnut production over the forecasted period.
Future trends to watch for include potential impacts from climate change, technological advancements in agriculture, and shifts in global market demand for walnuts, which could affect production volumes and alter current forecasts.
