Republic of Korea - Tiles, Flagstones, Bricks And Similar Articles, Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingConcrete Tile Price in South Korea - 2022
Contents:
- Concrete Tile Price in South Korea (CIF) - 2022
- Concrete Tile Price in South Korea (FOB) - 2022
- Concrete Tile Imports in South Korea
- Concrete Tile Exports in South Korea
Concrete Tile Price in South Korea (CIF) - 2022
The average concrete tile import price stood at $448 per ton in December 2022, with an increase of 15% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in July 2022 an increase of 21% month-to-month. As a result, import price reached the peak level of $546 per ton. From August 2022 to December 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($1,321 per ton), while the price for Denmark ($259 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Concrete Tile Price in South Korea (FOB) - 2022
In 2022, the average concrete tile export price amounted to $1,195 per ton, with a decrease of -6.1% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete tile export price increased by +38.5% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 26%. Over the period under review, the average export prices reached the maximum at $1,272 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($18,800 per ton), while the average price for exports to Russia ($281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.
Concrete Tile Imports in South Korea
In 2022, the amount of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone imported into South Korea declined to 86K tons, falling by -12.7% against the previous year. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.
In value terms, concrete tile imports declined rapidly to $70M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of $83M, and then fell significantly in the following year.
| Import of Concrete Tile in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.3 | 43.6 | 63.4 | 54.1 | 12.2% |
| Italy | 24.1 | 10.8 | 17.3 | 11.9 | -21.0% |
| Others | 3.5 | 2.6 | 2.5 | 4.1 | 5.4% |
| Total | 65.9 | 57.0 | 83.2 | 70.1 | 2.1% |
Top Suppliers of Concrete Tile to South Korea in 2022:
- China (74.9K tons)
- Italy (7.8K tons)
Concrete Tile Exports in South Korea
In 2022, after two years of decline, there was significant growth in shipments abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone, when their volume increased by 23% to 2.6K tons. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.
In value terms, concrete tile exports skyrocketed to $3.1M in 2022. In general, exports, however, saw a noticeable slump.
| Export of Concrete Tile in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 125 | 20.0 | 54.1 | 760 | 82.5% |
| Japan | 994 | 494 | 323 | 515 | -19.7% |
| Taiwan (Chinese) | 292 | 377 | 561 | 361 | 7.3% |
| Vietnam | 18.6 | 579 | 15.1 | 211 | 124.7% |
| India | 15.1 | 271 | 95.4 | 132 | 106.0% |
| United States | 564 | 381 | 264 | 79.4 | -48.0% |
| Indonesia | 169 | 134 | 94.9 | 64.2 | -27.6% |
| Brazil | 76.3 | 79.5 | 86.1 | 58.8 | -8.3% |
| Lebanon | 60.5 | 62.3 | 66.7 | 45.0 | -9.4% |
| Saudi Arabia | 146 | 83.3 | 24.4 | 36.6 | -36.9% |
| Philippines | 67.5 | 22.8 | 40.6 | 31.1 | -22.8% |
| Russia | 26.7 | 38.6 | 16.4 | 18.6 | -11.4% |
| Northern Mariana Islands | 9.3 | 57.9 | 27.7 | 9.1 | -0.7% |
| Others | 823 | 879 | 978 | 741 | -3.4% |
| Total | 3,387 | 3,480 | 2,647 | 3,063 | -3.3% |
Top Export Markets for Concrete Tile from South Korea in 2022:
- Japan (526.9 tons)
- China (499.4 tons)
- Taiwan (Chinese) (333.7 tons)
- Vietnam (207.5 tons)
- United States (199.5 tons)
- Philippines (96.6 tons)
- India (76.8 tons)
- Russia (66.2 tons)
- Indonesia (45.5 tons)
- Brazil (45.4 tons)
- Lebanon (45.2 tons)
- Saudi Arabia (35.5 tons)
- Northern Mariana Islands (8.2 tons)
This report provides an in-depth analysis of the concrete tile 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 23611130 - Building blocks and bricks of cement, concrete or artificial stone
- Prodcom 23611150 - Tiles, flagstones and similar articles of cement, concrete or artificial stone (excluding building blocks and bricks)
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.
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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
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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
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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
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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
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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
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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
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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
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