South Korea's coffee imports in the first seven months of this year decreased year-on-year

Yonhap News Agency, Seoul, August 21. According to a trade statistics released by the Korean Customs Service (Customs) on the 21st, from January to July this year, South Korea’s coffee imports decreased by 3.9% year-on-year to 109,752 tons, and coffee imports decreased by 9.5% year-on-year. , at $646.73 million. the If the current decline continues until the end of the year, it is expected that South Korea's annual coffee imports may decrease for the first time in five years since 2018. the Among them, South Korea's coffee imports continued to increase from 158,000 tons in 2018 to 189,000 tons in 2021, and 205,000 tons in 2022, exceeding 200,000 tons for the first time. Coffee imports increased from 640 million US dollars in 2018 to 2021 After 920 million U.S. dollars last year, it increased to 1.3 billion U.S. dollars last year. Looking at last year’s value alone, coffee imports increased by 8.2% year-on-year, and imports increased by 42.4% year-on-year. The growth rates of ...