Republic of Korea - Parquet Panels Of Wood For Mosaic Floors - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAssembled Parquet Panels Price in South Korea - 2022
Contents:
- Assembled Parquet Panels Price in South Korea (CIF) - 2022
- Assembled Parquet Panels Price in South Korea (FOB) - 2022
- Assembled Parquet Panels Imports in South Korea
- Assembled Parquet Panels Exports in South Korea
Assembled Parquet Panels Price in South Korea (CIF) - 2022
In December 2022, the average assembled parquet panels import price amounted to $3.8 per square meter, growing by 20% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 when the average import price increased by 23% m-o-m. The import price peaked at $4.3 per square meter in September 2022; however, from October 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($10.3 per square meter), while the price for Malaysia ($1.0 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.2%), while the prices for the other major suppliers experienced a decline.
Assembled Parquet Panels Price in South Korea (FOB) - 2022
The average assembled parquet panels export price stood at $1.9 per square meter in 2022, shrinking by -1.7% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, assembled parquet panels export price increased by +11.2% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 59%. As a result, the export price reached the peak level of $2.9 per square meter. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6.1 per square meter), while the average price for exports to Ghana ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Assembled Parquet Panels Imports in South Korea
In 2022, after three years of growth, there was significant decline in overseas purchases of assembled parquet panels, when their volume decreased by -6.2% to 18M square meters. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of 20M square meters, and then shrank in the following year.
In value terms, assembled parquet panels imports dropped to $67M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $71M, and then reduced in the following year.
| Import of Assembled Parquet Panels in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.6 | 29.9 | 29.1 | 33.3 | 6.5% |
| Italy | 8.3 | 14.9 | 17.8 | 18.7 | 31.1% |
| Indonesia | 7.7 | 5.7 | 5.4 | 5.9 | -8.5% |
| Vietnam | 1.0 | 1.5 | 0.7 | 1.4 | 11.9% |
| Malaysia | 0.9 | 0.9 | 0.2 | 1.1 | 6.9% |
| Thailand | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Others | 6.5 | 6.2 | 18.1 | 6.1 | -2.1% |
| Total | 52.2 | 59.2 | 71.5 | 66.8 | 8.6% |
Top Suppliers of Assembled Parquet Panels to South Korea in 2022:
- China (10.9M square meters)
- Italy (3.0M square meters)
- Indonesia (2.0M square meters)
- Vietnam (0.9M square meters)
- Malaysia (0.3M square meters)
- Thailand (0.3M square meters)
Assembled Parquet Panels Exports in South Korea
In 2022, overseas shipments of assembled parquet panels decreased by -35.8% to 692K square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 232%. As a result, the exports attained the peak of 1.1M square meters, and then contracted dramatically in the following year.
In value terms, assembled parquet panels exports contracted significantly to $1.3M in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 276%. As a result, the exports attained the peak of $2M, and then dropped notably in the following year.
| Export of Assembled Parquet Panels in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 21.9 | 141 | 21.8 | 173 | 99.2% |
| Singapore | 129 | 46.5 | 115 | 155 | 6.3% |
| New Zealand | 82.9 | 52.4 | 140 | 142 | 19.6% |
| Mexico | 9.3 | 10.6 | 15.6 | 125 | 137.8% |
| China | 29.8 | 35.0 | 116 | 116 | 57.3% |
| Mongolia | 5.1 | 11.2 | 29.1 | 79.7 | 150.0% |
| Saudi Arabia | 9.5 | 16.5 | 45.8 | 57.9 | 82.7% |
| Japan | 35.5 | 19.7 | 14.4 | 56.6 | 16.8% |
| Maldives | 22.5 | 13.7 | 37.5 | 56.5 | 35.9% |
| Papua New Guinea | 15.0 | 20.0 | 43.7 | 52.5 | 51.8% |
| Ghana | 6.6 | 11.1 | 30.5 | 46.0 | 91.0% |
| Vietnam | 10.4 | 92.8 | 24.7 | 30.8 | 43.6% |
| Cambodia | 2.7 | 7.2 | 18.8 | 26.9 | 115.2% |
| Others | 138 | 67.5 | 1,396 | 175 | 8.2% |
| Total | 518 | 545 | 2,048 | 1,293 | 35.7% |
Top Export Markets for Assembled Parquet Panels from South Korea in 2022:
- Philippines (144.2K square meters)
- New Zealand (73.7K square meters)
- Ghana (72.9K square meters)
- Mexico (51.9K square meters)
- Mongolia (50.3K square meters)
- Papua New Guinea (39.0K square meters)
- Maldives (37.9K square meters)
- Japan (36.9K square meters)
- Saudi Arabia (27.8K square meters)
- Cambodia (26.1K square meters)
- Singapore (25.6K square meters)
- China (20.7K square meters)
- Vietnam (20.6K square meters)
This report provides an in-depth analysis of the assembled parquet panels market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16221030 - Parquet panels of wood for mosaic floors
- Prodcom 16221060 - Parquet panels of wood (excluding those for mosaic floors)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
495
This report provides an in-depth analysis of the assembled parquet panels market in Republic of Korea.
352
This report provides an in-depth analysis of the market for wooden joinery and carpentry in Republic of Korea.
428
This report provides an in-depth analysis of the wooden door market in Republic of Korea.
368
This report provides an in-depth analysis of the wood parquet panels market in Republic of Korea.
361
This report provides an in-depth analysis of the market for wood concrete shuttering and shingle in Republic of Korea.
542
This report provides an in-depth analysis of the wooden window market in Republic of Korea.
345
This report provides an in-depth analysis of the market for wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) in Republic of Korea.
314
This report provides an in-depth analysis of the paper making machinery market in Republic of Korea.
1060
This report provides an in-depth analysis of the global assembled parquet panels market.
1322
This report provides an in-depth analysis of the global market for wooden joinery and carpentry.
270
Discover the world's best import markets for wooden joinery and carpentry, including the United States, Japan, Germany, and more. Explore key statistics and figures from IndexBox platform.
270
Discover the world's best import markets for wooden joinery and carpentry, including the United States, Japan, Germany, and more. Explore key statistics and figures from IndexBox platform.
