📜 PolicyKorea Farmers & Fishermen Newspaper (한국농어민신문)

“Consumers turn away as tasteless grapes flood the market”… Warning signs have been ringing for years

“Consumers turn away as tasteless grapes flood the market”… Warning signs have been ringing for years
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▲ Shine Muscat Finds a Way Out for the Stagnant Grape Industry = The mid-2010s, when Shine Muscat began to gain attention domestically, was a period of stagnation for the grape industry. Following the entry into force of the Korea-Chile Free Trade Agreement (FTA) in 2004, competition with imported grapes intensified, and the domestic grape cultivation area continuously declined. The cultivation area, which reached 29,200 hectares in 2000, shrank to 15,397 hectares in 2015. The downward trend became even more pronounced between 2015 and 2016 with the implementation of the FTA business closure support program.

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Market signal

Median wholesale auction price per kg

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