echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Statistics: The transaction volume of Korean catering delivery service network has shrunk for five consecutive months

    Statistics: The transaction volume of Korean catering delivery service network has shrunk for five consecutive months

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Seoul, Jan.
    5 (Yonhap News Agency) -- According to data released by the Statistics Agency of South Korea on the 5th, the transaction volume of catering delivery service network in November last year was 2.
    0232 trillion won (about 10.
    98 billion yuan), a year-on-year decrease of 2.
    3%, and fell
    for five consecutive months since July last year.
     
    The turnover of food and beverage delivery services has been increasing since January 2017, but due to the lifting of epidemic prevention measures, it showed a decrease of 3.
    5% for the first time in May last year
    .
    After rebounding growth in June last year, it has been declining
    since July.
     
    As social distancing restrictions are lifted, people are more active outside and food calls are decreasing
    .
    The food delivery market stalled last year, with online transactions of 23.
    8 trillion won in the first 11 months, up only 2.
    4%
    year-on-year.
    This is in stark contrast to
    the increase of 92.
    6% in 2018, 85% in 2019, 78.
    1% in 2020, and 48.
    1% in 2021.
     
    Compared with food delivery, online purchases of food, beverages, and agricultural and sideline products are increasing
    .
    In the first 11 months of last year, online purchases of food and beverages amounted to 25.
    7 trillion won, up 16.
    3% year-on-year, and online purchases of agricultural and sideline products amounted to 7.
    3 trillion won, up 13%
    year-on-year.
    It has been observed that last year, the total amount of food network transactions for takeaway, food and beverage, and agricultural and sideline products exceeded 60 trillion won
    .
    (End)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.