Production Outlook
Types of tobacco leaf grown in 2020 (Source: ITGA): FC Virginia and Burley
People Involved In Tobacco
Employment numbers of the tobacco leaf value chain in 2020 (Source: ITGA): Growers: 2 972
AREA BY LEAF TYPE
Represents the percentage of area cultivated by tobacco leaf type in the country in 2020 (Source: ITGA)
Flue-Cured Virginia
Burley
KEY INSIGHTS
Key statistics of the tobacco leaf production in the country
Area
Production
Area/Grower
Export Value
Production Value
Yield
Revenue/Ha
TOBACCO IN REPUBLIC OF KOREA
Brief contextualisation of the importance of Tobacco in Republic of Korea.
HNB Market Share
Tobacco was introduced in Korea during colonial times. The crop had an enormous impact on society and culture. With customs being built around the use of tobacco products, it became part of the national identity. The importance of tobacco to the country’s finances is highlighted through the History of Korea, withthe large-scale cultivation of the crop deeply impacting the society, as tobacco assumed, since the beginning, the role of one of the most reliable sources of income. In recent year, the production of tobacco has been relatively stable. In the country, the new-generation tobacco products are rapidly gaining market share. This novelty is sure to shake the tobacco leaf production and the growers, due to having its strong impact on the demand for domestic tobacco leaf and, therefore, affecting growers’ income. Even though the role of tobacco has diminished with the years, consumption of tobacco products still represents an important source of Government revenue (close to US$ 10 billion).
Sources: Tobacco and Nicotine database, Tobacco Reporter, Food and Agriculture Organization of the United Nations (FAO), (Kim, 2016) and ITGA.
EXPORT PARTNERS
This section aims at identifying the most important commercial partners in terms of Value and Quantity (Source: Calculated from data from UN Comtrade)