Browse Data and Analysis

FAS/Seoul forecasts marketing year (MY) 2023/24 corn imports to remain flat, with U.S. market share gradually recovering towards the end of the year. Wheat imports are expected to decline towards the long term average as feed wheat loses a temporary price advantage over corn.

South Korea's rebounding consumer demand for beef and pork, together with elevated retail prices, led to greater domestic slaughter and import totals in 2022 and into 2023.

Expansion and diversification of large-scale retail businesses coupled with the introduction of information technologies has led to a rapid evolvement of the retail food sector in South Korea....

Korean imports of seafood in 2016 totaled $4.5 billion, up 6.2 percent from 2015 due to rising prices.

This first Korean apple report highlights the production of apples in Korea, with total apple production in Marketing Year (MY) 2017/18 expected to be around 565,000 metric tons (MT).

After a difficult year in 2017 caused by a long-lasting Highly Pathogenic Avian Influenza (HPAI) outbreak in Korea, Post projects that production will rebound in marketing year (MY) 2018....