In 2022, the market size for agricultural and forest products amounted to about 34.25 trillion South Korean. This is a decrease of around 2.44 percent compared to the previous year. The five-year average growth rate stood at 1.96 percent.
Size of the agriculture and forest product market in South Korea from 2012 to 2022
(in trillion South Korean won)
In order to estimate the market size of the agriculture and forest products, the following formula was applied: Market size = (Production value) - (Export value) + (Import value)
1,000 South Korean won equals 0.73 U.S. dollars or 0.68 euros as of August 2024.
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MFDS (South Korea). (December 28, 2023). Size of the agriculture and forest product market in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/
MFDS (South Korea). "Size of the agriculture and forest product market in South Korea from 2012 to 2022 (in trillion South Korean won)." Chart. December 28, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/
MFDS (South Korea). (2023). Size of the agriculture and forest product market in South Korea from 2012 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/
MFDS (South Korea). "Size of The Agriculture and Forest Product Market in South Korea from 2012 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 28 Dec 2023, https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/
MFDS (South Korea), Size of the agriculture and forest product market in South Korea from 2012 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/ (last visited December 22, 2024)
Size of the agriculture and forest product market in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph], MFDS (South Korea), December 28, 2023. [Online]. Available: https://www.statista.com/statistics/780746/south-korea-agriculture-and-forest-product-market-size/
