South Korea: Coffee Market Brief Update

  |   Attaché Report (GAIN)

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. Despite the economic down turn and health concerns, coffee industry resources expect to continue to grow by 10 percent annually for the coming years as the last four consecutive years have done. South Korea’s per capita coffee consumption is five-times greater than consumption in the rest of the Asia - Pacific region and, the coffee market overall is estimated at about $3 billion in 2014. As the younger generation continue to experience a western coffee culture and consumers demand premium, high quality coffee beans, this trend is expected to continue. 

South Korea: Coffee Market Brief Update

Related Reports

Attaché Report (GAIN)

Taiwan: 2023 US Agricultural Exports to Taiwan Summary

In 2023, the total value of U.S. agricultural and related products exported to Taiwan was $3.7 billion, a decrease of 15 percent compared to the previous year.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Attaché Report (GAIN)

Ukraine: Poultry and Products Semi-annual

Ukraine’s chicken meat production continued to recover in 2023, driven by low feed costs and stable energy supplies and macroeconomic environment. Facing lower world market poultry prices in the first three quarters of 2023, Ukrainian poultry producers concentrated on import replacement on the domestic market and exports to the European Union, under the tariff- and quota-free access granted to Ukraine in solidarity after Russia’s full-scale invasion.