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Food market size in South Korea 2012-2018

Published by Statista Research Department, Jan 3, 2020
This statistic shows the size of the food market in South Korea from 2012 to 2018. In 2018, the food market size in South Korea amounted to around 160.52 trillion South Korean won, increased from 153.55 trillion in the previous year.

Size of the food market in South Korea from 2012 to 2018 (in trillion South Korean won)

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© Statista 2020

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Release date

December 2019

Region

South Korea

Survey time period

2012 to 2018

Supplementary notes

In order to calculate the size of the food market, the following formula was applied:
Market size = (Production value) - (Export value) + (Import value)

Food in this statistic may include processed food, health functional food and agricultural & fishery products.

Note: 1,000 South Korean won equal 0.86 U.S. dollars and 0.77 euros as of January 2020.

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