Share of people engaged in panic buying due to COVID-19 South Korea 2020

Published by Statista Research Department, Jun 25, 2024
According to a survey by Rakuten Insight on panic buying after the coronavirus outbreak in April 2020, around 15.4 percent of South Korean respondents said they had engaged in panic buying. The main reason people bought goods in bulk was they were afraid supermarkets or shops would run out of certain items soon.

Share of people engaged in panic buying due to coronavirus (COVID-19) in South Korea in 2020

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Release date

May 2020

Region

South Korea

Survey time period

April 9 to 30, 2020

Number of respondents

9,602 respondents

Age group

16 years and older

Method of interview

Online survey

Supplementary notes

Original question: Have you engaged in panic buying because of the coronavirus pandemic?

Other surveyed countries included China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore and Taiwan.

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