Republic of Korea - Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea - 2022
Contents:
- Price for Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (CIF) - 2022
- Price for Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (FOB) - 2022
- Imports of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea
- Exports of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea
Price for Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (CIF) - 2022
In 2022, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $142 per ton, reducing by -7.6% against the previous year. Overall, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 10%. The import price peaked at $163 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.2% per year.
Price for Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (FOB) - 2022
The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $403 per ton in 2022, shrinking by -56.7% against the previous year. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,004 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($806 per ton), while the average price for exports to the Philippines ($154 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 Russia (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea
Imports of building blocks and bricks of cement, concrete or artificial stone into South Korea surged to 21K tons in 2022, growing by 116% against 2021. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of building blocks and bricks of cement, concrete or artificial stone soared to $3M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.3 | 1.2 | 1.2 | 2.7 | 27.6% |
| Others | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Total | 1.6 | 1.6 | 1.5 | 3.0 | 23.3% |
Top Suppliers of Building Blocks and Bricks of Cement, Concrete or Artificial Stone to South Korea in 2022:
- China (21.1K tons)
Exports of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea
Exports of building blocks and bricks of cement, concrete or artificial stone from South Korea skyrocketed to 645 tons in 2022, jumping by 35% compared with the previous year. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 58% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of building blocks and bricks of cement, concrete or artificial stone shrank markedly to $260K in 2022. Overall, exports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Building Blocks and Bricks of Cement, Concrete or Artificial Stone in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 606 | 432 | 296 | 187 | -32.4% |
| Philippines | 40.9 | 0.8 | 14.5 | 54.6 | 10.1% |
| Russia | 7.3 | 21.6 | 1.0 | 13.2 | 21.8% |
| China | 116 | 6.5 | 37.1 | 1.8 | -75.1% |
| Vietnam | 5.1 | 564 | 2.6 | N/A | -28.6% |
| Guam | N/A | 37.9 | 17.9 | N/A | -52.8% |
| Northern Mariana Islands | 8.1 | 17.4 | N/A | N/A | 114.8% |
| Others | 47.8 | 262 | 75.6 | 3.4 | -58.6% |
| Total | 832 | 1,342 | 444 | 260 | -32.1% |
Top Export Markets for Building Blocks and Bricks of Cement, Concrete or Artificial Stone from South Korea in 2022:
- Philippines (353.5 tons)
- Japan (231.8 tons)
- Russia (49.9 tons)
- China (1.8 tons)
- Vietnam (0.1 tons)
This report provides an in-depth analysis of the market for building blocks and bricks of cement, concrete or artificial stone 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
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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