South Korea's key fruit production is expected to decrease

Published 2023년 8월 8일

Tridge summary

The production of major fruits like apples and pears in South Korea is expected to decrease even more due to factors like cold damage in the spring and heavy rains. The production forecast by the Korea Rural Economic Institute shows a greater decrease in apple and pear production compared to previous predictions. Peach production is also expected to decline, while persimmon production is predicted to decrease by 5%. The decrease in production is expected to lead to higher prices for these fruits.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Reporter Go Seong-jin, Korea Rural Newspaper] It was observed that the decrease in production of major fruits such as apples and pears would increase further. While the decrease in production of most fruits was predicted early this year due to the occurrence of cold damage in the spring of this year, the production forecast recently announced by the Korea Rural Economic Institute was found to be worse following June and July. It is analyzed that it is due to the reflection of the damage situation such as the summer rainy season and localized heavy rain. According to data from the August issue of Fruits and Vegetables Observation published by the Agricultural Observation Center of the Rural Economic Institute on the 4th of this month, the decrease in production of apples and pears was greater than the previous forecast. Apple production is expected to decline by 19% compared to the previous year, which is worse than the previous forecast. The Agricultural Observation Center ...
Source: Agrinet

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