Seogwipo Maeil Olle Market

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Seogwipo Maeil Olle Market
Seogwipo Maeil Olle Market 03.jpg
Part of the inside of the market (2024)
Location Seogwi-dong  [ ko ], Seogwipo, Jeju Province, South Korea
Coordinates 33°14′55″N126°33′51″E / 33.2486°N 126.5643°E / 33.2486; 126.5643
Opening date1960 (1960)
Goods soldFood, souvenirs
Seogwipo Maeil Olle Market

Seogwipo Maeil Olle Market (Korean : 서귀포매일올레시장; Hanja : 西歸浦市每日올레市場) is a large traditional market in Seogwi-dong  [ ko ], Seogwipo, Jeju Province, South Korea. It is the largest and oldest permanent market in Seogwipo, [1] and is considered a major tourist attraction and economic hub for the city. [1] [2] [3] The market is named for olle , Jeju's traditional alleyways from roads to houses. [4]

Contents

The market is open 24 hours, although the number of stalls open varies by the hour. [5] The market is located on the Jeju Olle Trail. [6] The market is centrally located and within a 10 minute walk of other major tourist attractions in the city. [4]

Description

It sells a wide variety of goods and amenities, including street food, fruits and vegetables (especially Jeju's hallabong tangerines), souvenirs, and restaurants. [4] Some stores identify which fish for sale were caught that same day. [7] The market has an outdoor performance hall, [8] and often hosts events and performances from local groups. [5] [9] One such event in February 2024 had a traditional Korean shamanic gut performance. [10]

The market was officially established in 1960, [9] and reportedly developed organically around that decade. [11] [4] The market once mainly sold agricultural and industrial products. [1] In the 1990s, it reportedly experienced a lull in business, as local supermarkets became significant. [12] [7] Beginning in 2000, significant construction and modernization efforts were conducted in the market. It was made a covered market from 2000 to 2003. A parking facility with 250 spaces was finished in 2003. In 2004, standardized stalls and signboards were made, and a restroom was completed. The floors were also repaved. [9]

The market's business recovered in the 2010s, as it was made part of the popular Jeju Olle Trail. [12] [7] Stores began catering towards tourists. [1] The market became seen as a success story, as it was one of the fastest growing in the country. Efforts were made to modernize it further. [12] There is a long artificial stream in the middle of the market, with fish and plants in it. The market has made efforts to digitalize and accept overseas payment efforts. [4] [5] Merchants were trained to be able to communicate with foreigners, especially Chinese tourists. [5]

In 2017, it had 216 stores, with 103 street stalls. It had parking capacity for 600 cars and 5 buses. [5] A 2022 report gave the total average sales per day for the market as 178.22 million, [2] [3] with an average of 9,034 daily customers. [3] The market began a modernization effort in 2023, wherein ₩1.25 billion was invested in various projects for the market. [13] The city has hosted debates on how to disperse the economic benefits of the market to the rest of the city. [8] [2] [3]

See also

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<span class="mw-page-title-main">Jeju Olle Trail</span> Long-distance footpath in South Korea

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References

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