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The Korean government revised its marketing year (MY) 2024/25 rice production estimate down to reflect a 2-percent yield reduction from extreme heat, untimely rains, and pest damage.

Chocolate is a popular product in the Korean market, with 2023 sales reaching $578 million and imports of chocolate totaling $356 million.

Korean imports of cheese products continue to grow, seeing a five percent compound annual growth rate over the last five years. Mozzarella is the most imported cheese product and the United States is the leading supplier of cheese to Korea.

Korea’s beer imports reached $218 million in 2023, up 11.8 percent from $195 million in 2022, but still 30 percent down from the record high of $310 million in 2018. Although Korea’s beer imports have been decreasing since the pandemic, the United States increased exports of beer to Korea in 2023, reaching $17.9 million, up 43% from $12.5 million in 2022.

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....