Republic of Korea - Iron Or Steel Screw Hooks And Screw Rings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Screw Hook Price in South Korea - 2022
Contents:
- Metal Screw Hook Price in South Korea (CIF) - 2022
- Metal Screw Hook Price in South Korea (FOB) - 2022
- Metal Screw Hook Imports in South Korea
- Metal Screw Hook Exports in South Korea
Metal Screw Hook Price in South Korea (CIF) - 2022
In 2022, the average metal screw hook import price amounted to $6,552 per ton, which is down by -5.6% against the previous year. In general, import price indicated a modest expansion 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, metal screw hook import price decreased by -21.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, average import prices attained the peak figure at $8,692 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($7,336 per ton), while the price for Switzerland ($979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced a decline.
Metal Screw Hook Price in South Korea (FOB) - 2022
In 2022, the average metal screw hook export price amounted to $5,014 per ton, with an increase of 6.4% against the previous year. In general, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 14% against the previous year. The export price peaked at $6,584 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($26,018 per ton), while the average price for exports to Spain ($3,416 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 United Arab Emirates (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Screw Hook Imports in South Korea
In 2022, the amount of iron or steel screw hooks and screw rings imported into South Korea shrank to 271 tons, waning by -6.6% against the previous year. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 291 tons, and then reduced in the following year.
In value terms, metal screw hook imports dropped to $1.8M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $2M, and then fell in the following year.
Import of Metal Screw Hook in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 601 | 532 | 816 | 962 | 17.0% |
Germany | 339 | 257 | 397 | 83.5 | -37.3% |
Belgium | 22.6 | 48.0 | 42.7 | 61.7 | 39.8% |
Switzerland | N/A | 0.1 | 0.2 | 19.1 | 1282.0% |
Others | 795 | 704 | 759 | 652 | -6.4% |
Total | 1,758 | 1,541 | 2,016 | 1,778 | 0.4% |
Top Suppliers of Metal Screw Hook to South Korea in 2022:
- China (221.8 tons)
- Switzerland (19.5 tons)
- Belgium (8.4 tons)
- Germany (2.0 tons)
Metal Screw Hook Exports in South Korea
In 2022, after two years of decline, there was significant growth in overseas shipments of iron or steel screw hooks and screw rings, when their volume increased by 40% to 349 tons. In general, exports, however, saw a deep contraction.
In value terms, metal screw hook exports soared to $1.8M in 2022. Overall, exports, however, continue to indicate a abrupt downturn.
Export of Metal Screw Hook in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 604 | 399 | 85.6 | 344 | -17.1% |
Kazakhstan | 24.5 | 63.4 | 52.4 | 106 | 62.9% |
China | 433 | 283 | 188 | 92.4 | -40.2% |
Slovakia | 9.0 | 78.9 | 47.8 | 78.4 | 105.8% |
United States | 178 | 159 | 38.8 | 73.5 | -25.5% |
Mexico | 443 | 259 | 132 | 69.8 | -46.0% |
Vietnam | 94.6 | 102 | 29.5 | 63.5 | -12.4% |
Norway | 7.9 | 26.8 | 13.8 | 26.0 | 48.7% |
Myanmar | 0.7 | 0.7 | 10.1 | 19.2 | 201.6% |
Spain | 33.8 | 15.0 | 8.2 | 16.5 | -21.3% |
Others | 1,156 | 936 | 570 | 861 | -9.4% |
Total | 2,984 | 2,324 | 1,176 | 1,750 | -16.3% |
Top Export Markets for Metal Screw Hook from South Korea in 2022:
- Czech Republic (91.8 tons)
- Slovakia (22.8 tons)
- Mexico (18.7 tons)
- China (15.5 tons)
- United States (14.8 tons)
- Vietnam (14.4 tons)
- Norway (6.4 tons)
- Kazakhstan (5.0 tons)
- Spain (4.8 tons)
- Myanmar (4.2 tons)
This report provides an in-depth analysis of the metal screw hook 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 25941157 - Iron or steel screw hooks and screw rings
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
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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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