Flower Industry Archives | Be Korea-savvy

Flower Industry Stalls Due to Coronavirus

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s flower industry has struggled following the onset of the COVID-19 pandemic. The Korea Agro-Fisheries and Food Trade Corp. (aT) reported a 10.8 percent decrease in cut flower transactions (16.8 million bundles) at the aT Joint Market for Flowers between January and December this year, compared to the [...]

Flower Industry Hit by High Production Cost, Depressed Consumption

SEOUL, Feb. 4 (Korea Bizwire) – The local floricultural industry is facing a downturn despite the annual graduation season, industry sources said Thursday, due to increasing production costs and stagnant consumption. At a high school graduation ceremony held earlier this week at Changwon, South Gyeongsang Province, 90 percent of the flowers that were being sold [...]