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Feed Industry

THE REPUBLIC OF KOREA

The Republic of Korea occupies an area about the size of one-hundredths of Canada(99,300㎢), with a population of 50million including 10million people in the capital city of Seoul. Korea is a ruggedly beautiful, mountainous country with only about one-fourth of the land suitable for cultivation. The climate of Korea is characterized by four distinct seasons, ranging from cold, dry winter to hot, humid summer. Spring and fall are delightful with moderate temperature, little rainfall particularly in autumn and abundant opportunities to witness the annual cycle of growth in the countryside. Korea is country that is lacking in natural resources. Growth of the nation's important export sector is based largely on importation and processing of raw materials into exportable product. However, much of the rapid growth in industry is solidly based on Korea's most important resource-the hard working, energetic, ambitious and intelligent Korean people.

GENERAL ECONOMIC INDICATORS, KOREA

1980 1990 2000 2010 2015 2016 2017 2018 2019 2020 2021
Total Population(Mil) 38.1 42.9 47.7 49.5 51.0 51.2 51.4 51.6 51.7 51.8 51.7
Farm Population(Mil) 10.8 6.7 3.9 3.1 2.6 2.5 2.4 2.3 2.2 2.3 2.2
Per Capita GNI($) 1,699 6,602 11,030 22,290 28,720 29,330 30,300 32,750 33,830 32,930 34,980
Unemployment(%) 5.2 2.4 4.4 3.7 3.6 3.7 3.7 3.8 3.8 4.0 3.7
Exports($ Bil.) 17.5 65.0 154.3 466.4 526.8 495.4 573.7 604.8 542.2 512.5 644.4
Imports($ Bil.) 22.3 69.8 130.2 425.2 436.5 406.2 478.5 535.2 503.3 467.6 615.1

FEED INDUSTRY IN KOREA

1. Status of Korean Feed industry (2023.2)

(Unit : M/T)

Number
of Mills
Capacity
per day
(A)
Capacity
per month
Capacity
per year
2014
Capacity
per day
(B)
% change
(A/B)
K F A
N A C F
Others
79(51)
28(17)
21(21)
23,354
9,087
955
583,850
227,175
23,875
7,006,200
2,726,100
284,500
23,223
9,087
960
100.6
-
99.5
Total 128
(89)
33,396 834,900 10,018,800 33,270 100.4
  1. ※ 1. ( ) Company Number
  2. 2. Capacity per day : basis on 8 hours
    Capacity per month : basis on 25 days
    Capacity per year : basis on 300 days
2. Capacity of Feed mills in 2023
K F A N A C F Others Total
Number
of mills
Total
capacity
per day
(M/T)
Number
of mills
Total
capacity
per day
(M/T)
Number
of mills
Total
capacity
per day
(M/T)
Number
of mills
Total
capacity
per day
(M/T)
The
component
Ratio
(%)
not
exceeding
100
10 492 3 109 6 298 19 899 2.8
100~199 4 660 3 400 - - 7 1,060 3.3
200~299 12 3,070 4 860 1 230 17 4,160 13.0
300~399 17 5,430 10 3,100 - - 27 8,530 26.7
400~499 12 5,039 4 1,730 - - 16 6,769 21.2
500~599 8 4,190 - - - - 8 4,190 13.1
not less
than 600
4 3,480 4 2,888 - - 8 6,368 19.9
Total 67 22,361 28 9,087 7 528 102 31,976 100.0
3. Location of Feed mills in 2023
Location Number of
Feed Mill
Production Capacity
Total capacity
per day
The component Ratio(%)
Pusan city 2 390 1.2
Taegu city 2 630 2.0
Taejeon city 1 480 1.5
Inchon city 9 4,300 13.5
Kangwon-Do 4 902 2.8
Ulsan city 1 300 1.0
Kyunggi-Do 15 5,312 16.6
Chungbuk-Do 8 2,110 6.6
Chungnam-Do 15 3,305 10.3
Jeonbuk-Do 18 6,084 19.0
Jeonnam-Do 4 1,280 4.0
Kyungbuk-Do 7 2,960 9.3
Kyungnam-Do 12 3,308 10.3
Je ju-Do 3 515 1.6
Sejong-Si 1 100 0.3
Total 102 31,976 100.0
4. Compound Feed Production

(Unit : 1,000 M/T)

2010 2014 2015 2016 2017 2018 2019 2020 2021
(A)
2022
(B)
B/A
(%)
K F A 11,868 12,640 13,165 13,343 12,976 13,654 14,145 14,479 14,366 14,698 2.3
N A C F 5,499 5,936 5,818 5,913 5,815 6,074 6,283 6,377 6,488 6,648 2.5
Others 167 122 122 125 120 108 108 109 75 68 -9.3
Total 17,534 18,698 19,105 19,381 18,911 19,836 20,536 20,966 20,929 21,414 2.3
5. Compound Feed Production by kind

(Unit : 1,000 M/T)

2010 2014 2015 2016 2017 2018 2019 2020 2021
(A)
2022
(B)
B/A
(%)
Swine 5,535 5,962 6,094 6,256 6,365 6,554 6,851 6,921 6,932 7,032 1.4
Poultry Chick 316 356 412 397 424 441 425 444 414 442 6.8
Layer 1,981 2,155 2,389 2,459 2,564 2,944 3,060 3,126 2,948 3,111 5.5
Broiler 2,361 2,660 2,870 2,957 2,444 2,568 2,711 2,690 2,652 2,561 △3.4
Sub total 4,658 5,171 5,671 5,813 5,432 5,953 6,196 6,260 6,014 6,114 1.7
Dairy Cattle 1,292 1,340 1,330 1,252 1,192 1,196 1,187 1,208 1,230 1,224 △0.5
Beef Cattle 4,761 4,951 4,567 4,543 4,567 4,637 4,791 5,050 5,385 5,660 5.1
Others 1,287 1,274 1,443 1,517 1,355 1,496 1,511 1,527 1,367 1,383 1.2
Total 17,533 18,698 19,105 19,381 18,911 19,836 20,536 20,966 20,929 21,414 2.3
Aquaculture
&
Pet and Laboratory
116 129 141 159 241 252 275 306 351 369 5.1

※ Aquaculture&Pet and laboratory animals Production is only KFA's until 2006, but include Other Companys since 2007.

6. Consumption of Feed ingredients in 2023

(Unit : 1,000 M/T)

K F A N A C F Others Total
Quantity % Quantity % Quantity % Quantity %
'22 Grains 8275 56.2 3228 48.3 38 55.3 11,541 53.8
Yellow corn
Feed wheat
Others
6634
1380
261
45.1
9.4
1.8
2612
477
140
39.1
7.1
2.1
13
0
24
19.6
0.1
35.6
9,259
1,857
425
43.1
8.7
2.0
Brans
Animal protein
Vegetable protein
Inorganic matters
Others
1003
198
3730
607
899
6.8
1.3
25.4
4.1
6.1
1052
12
1699
308
380
15.7
0.2
25.4
4.6
5.7
0
2
7
14
8
0.3
2.2
10.2
20.9
11.0
2054
212
5437
931
1288
9.6
1.0
25.3
4.2
6.0
Total 14713 100.0 6680 100.0 68 100.0 21,461 100.0