Republic of Korea - Plastic Doors, Windows And Their Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic Doors and Windows in South Korea - 2022
Contents:
- Price for Plastic Doors and Windows in South Korea (FOB) - 2022
- Price for Plastic Doors and Windows in South Korea (CIF) - 2022
- Exports of Plastic Doors and Windows in South Korea
- Imports of Plastic Doors and Windows in South Korea
Price for Plastic Doors and Windows in South Korea (FOB) - 2022
The average plastic doors and windows export price stood at $77.6 per unit in December 2022, rising by 12% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $79.4 per unit in April 2022; however, from May 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($108 per unit), while the average price for exports to India ($42.8 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plastic Doors and Windows in South Korea (CIF) - 2022
The average plastic doors and windows import price stood at $112 per unit in December 2022, growing by 8.1% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in May 2022 an increase of 33% against the previous month. Over the period under review, average import prices attained the maximum at $205 per unit in June 2022; however, from July 2022 to December 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 December 2021 to December 2022, the rate of growth in terms of prices for Italy amounted to +24.3% per month.
Exports of Plastic Doors and Windows in South Korea
In 2022, overseas shipments of plastic doors, windows and their frames decreased by -12.6% to 567K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 649K units, and then contracted in the following year.
In value terms, plastic doors and windows exports fell to $40M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +32.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $48M, and then contracted in the following year.
| Export of Plastic Doors and Windows in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.1 | 27.0 | 38.3 | 26.8 | 26.9% |
| United States | N/A | 0.9 | 1.2 | 8.1 | 200.0% |
| Saudi Arabia | 0.2 | 0.4 | 1.3 | 1.3 | 86.6% |
| Indonesia | 0.2 | 0.3 | 0.7 | 0.7 | 51.8% |
| Vietnam | 0.3 | 0.4 | 0.7 | 0.7 | 32.6% |
| India | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Others | 16.6 | 4.1 | 5.1 | 2.6 | -46.1% |
| Total | 30.6 | 33.4 | 47.5 | 40.5 | 9.8% |
Top Export Markets for Plastic Doors and Windows from South Korea in 2022:
- United Kingdom (404.2K units)
- United States (88.8K units)
- Vietnam (13.8K units)
- Indonesia (12.4K units)
- Saudi Arabia (9.3K units)
- India (6.9K units)
Imports of Plastic Doors and Windows in South Korea
In 2022, the amount of plastic doors, windows and their frames imported into South Korea fell to 79K units, dropping by -11.2% on 2021 figures. Overall, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked at 91K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plastic doors and windows imports fell remarkably to $7.6M in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports attained the peak of $9.1M, and then fell significantly in the following year.
| Import of Plastic Doors and Windows in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 4.3 | 6.2 | 5.6 | -1.7% |
| Italy | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Poland | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Germany | 0.3 | 0.2 | 0.6 | 0.2 | -12.6% |
| United States | 0.5 | 0.2 | 0.5 | 0.1 | -41.5% |
| United Kingdom | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 1.2 | 0.9 | 1.3 | 1.3 | 2.7% |
| Total | 8.5 | 6.2 | 9.1 | 7.6 | -3.7% |
Top Suppliers of Plastic Doors and Windows to South Korea in 2022:
- China (67.4K units)
- Italy (2.3K units)
- United Kingdom (1.7K units)
- Poland (1.5K units)
- United States (1.0K units)
- Germany (0.9K units)
This report provides an in-depth analysis of the market for plastic doors and windows 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 22231450 - Plastic doors, windows and their frames and thresholds for doors
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
-
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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