The market is dominated by domestic suppliers, as imports account for 19.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 66.5% of total demand in 2023. South Korea has the eighth largest market size for fishing regionally, with demand reaching USD8.1 billion in 2023. Sajo Industries Co Ltd is the largest company in South Korea, generating 9.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 20.8% of total production value in 2023. The total number of companies decreases in 2023, to 29,063 units. The costs of the industry increase by 5.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.6% of production value in 2023, the 17th highest regionally. The industry’s exports share decreases in 2023 to 6.1% of total production output. With production value of USD6.0 billion, South Korea accounts for 1.2% of the Asia Pacific total in 2023.
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Overview:
This Euromonitor industrial report provides unique information on Fishing in South Korea: ISIC 5. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fishing in South Korea: ISIC 5 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- How the Food, Beverages and Tobacco will perform in the future?
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- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Fishing in South Korea: ISIC 5
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MARKET OVERVIEW
Food, Beverages and Tobacco
This is the aggregation of food, beverages, and tobacco products.
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