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Market Year (MY) 2020/21 Korean compound feed production is forecast to reach a record volume of around 21.2 MMT in MY 2020/21, based on strong growth in swine and poultry inventories.
South Korean wine imports reached a record $259 million in 2019, up 6.3 percent from 2018. U.S. wine exports to Korea increased 11.6 percent in 2019 to $34 million.
On November 19, 2015, Korea lifted the import ban on poultry and poultry meat products that had been imposed in December 2014 due to the outbreak of HPAI.
Korean coffee imports data showed 27 percent increase in value of $527 million and 17 percent increase in volume of 134,000 Metric Tons in 2014 compared to the year 2013.
News and consumer trends in South Korea’s food market.
Section Updated: Section I, II, IV, V, VI, VII, and Appendix I, II. The updates include the new Special Act on Imported Food Safety Management, which shall go into effect on February 4, 2016.