The import of fresh grapes to South Korea has exhibited varied trends over the past decade. In 2023, imports stood at 67.314 million kilograms. Between 2013 and 2023, the freshest data shows fluctuations with significant drops in 2016 but overall recovery and growth thereafter. Year-on-year variations from 2022 to 2023 showed an increase of 2.64%, while the last two years saw single-digit growth rates. The Compound Annual Growth Rate (CAGR) over the previous five years (2019-2023) averaged at 2.33%.
For future trends, the forecast period (2024-2028) anticipates a steady increase, with a forecasted 5-year CAGR of 1.8%, culminating in an import volume of 75.451 million kilograms by 2028. This represents an overall 9.34% growth over the next five years.
- Potential shifts in consumer preferences toward fresh fruits.
- Impact of trade policies and agreements on the import of fresh grapes.
- Climate change and its effects on grape production in exporting countries.
