Republic of Korea - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNon-Rolled Bitumen Products Price in South Korea - 2022
Contents:
- Non-Rolled Bitumen Products Price in South Korea (FOB) - 2022
- Non-Rolled Bitumen Products Price in South Korea (CIF) - 2022
- Non-Rolled Bitumen Products Exports in South Korea
- Non-Rolled Bitumen Products Imports in South Korea
Non-Rolled Bitumen Products Price in South Korea (FOB) - 2022
The average non-rolled bitumen products export price stood at $579 per ton in 2022, rising by 5.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 9.1% against the previous year. The export price peaked at $607 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($635 per ton) and Japan ($580 per ton), while the average price for exports to Malaysia ($435 per ton) and China ($436 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in South Korea (CIF) - 2022
In 2022, the average non-rolled bitumen products import price amounted to $600 per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($899 per ton), while the price for China ($478 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Rolled Bitumen Products Exports in South Korea
In 2022, the amount of non-rolled bitumen products exported from South Korea surged to 46K tons, rising by 38% compared with 2021 figures. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-rolled bitumen products exports surged to $27M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Rolled Bitumen Products in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.7 | 12.4 | 13.9 | 21.5 | 16.2% |
| Thailand | 0.9 | 0.9 | 1.6 | 2.5 | 40.6% |
| Philippines | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Indonesia | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| Others | 1.6 | 1.6 | 1.7 | 1.3 | -6.7% |
| Total | 16.9 | 15.7 | 18.2 | 26.5 | 16.2% |
Top Export Markets for Non-Rolled Bitumen Products from South Korea in 2022:
- Japan (37.1K tons)
- Thailand (4.5K tons)
- Philippines (1.2K tons)
- Indonesia (1.0K tons)
Non-Rolled Bitumen Products Imports in South Korea
In 2022, the amount of non-rolled bitumen products imported into South Korea contracted significantly to 2.6K tons, reducing by -28.2% against the previous year's figure. In general, imports continue to indicate a sharp descent. The smallest decline of -11% was in 2020.
In value terms, non-rolled bitumen products imports contracted markedly to $1.5M in 2022. Overall, imports showed a precipitous curtailment. The smallest decline of -14.4% was in 2020.
| Import of Non-Rolled Bitumen Products in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 775 | 776 | 39.7 | 514 | -12.8% |
| Indonesia | 1,044 | 792 | 1,041 | 472 | -23.2% |
| China | 596 | 459 | 397 | 304 | -20.1% |
| United States | 1,088 | 965 | 263 | 108 | -53.7% |
| Italy | 11.0 | 73.8 | 36.1 | 44.6 | 59.5% |
| Russia | 20.7 | 25.1 | 0.4 | 42.3 | 26.9% |
| Slovakia | 168 | 112 | N/A | N/A | -33.3% |
| Others | 110 | 61.8 | 54.0 | 48.6 | -23.8% |
| Total | 3,813 | 3,265 | 1,831 | 1,534 | -26.2% |
Top Suppliers of Non-Rolled Bitumen Products to South Korea in 2022:
- Indonesia (875.4 tons)
- Japan (755.3 tons)
- China (636.5 tons)
- United States (157.1 tons)
- Russia (51.2 tons)
- Italy (49.7 tons)
This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)
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
335
This report provides an in-depth analysis of the non-rolled bitumen products market in Republic of Korea.
198
This report provides an in-depth analysis of the market for asphalt or bitumen article in Republic of Korea.
384
This report provides an in-depth analysis of the rolled bitumen articles market in Republic of Korea.
674
This report provides an in-depth analysis of the global non-rolled bitumen products market.
204
This report provides an in-depth analysis of the global market for asphalt or bitumen article.
509
This report provides an in-depth analysis of the global rolled bitumen articles market.
335
This report provides an in-depth analysis of the non-rolled bitumen products market in Republic of Korea.
198
This report provides an in-depth analysis of the market for asphalt or bitumen article in Republic of Korea.
384
This report provides an in-depth analysis of the rolled bitumen articles market in Republic of Korea.
674
This report provides an in-depth analysis of the global non-rolled bitumen products market.
Nothing found. Please try again.
