South Korea's Dairy Industry Faces Challenges Amid Falling Demand and Rising Imports

Korea's milk dilemma: Less demand, more imports

Korea's dairy industry is approaching a pivotal moment as domestic milk consumption falls and more tariff-free milk imports are set to enter the country. According to the Korea Dairy Committee, the country’s yearly milk consumption per person decreased to 22.9 kilograms last year, down 9.5 percent from 2024 and the lowest in about four decades. Despite weakening consumption, Korea’s milk prices are among the highest in the world. According to Global Product Prices a liter of reduced-fat milk ret

By The Korea Herald