Republic of Korea - Plastic Shutters And Blinds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic Shutters and Blinds in South Korea - 2022
Contents:
- Price for Plastic Shutters and Blinds in South Korea (FOB) - 2022
- Price for Plastic Shutters and Blinds in South Korea (CIF) - 2022
- Exports of Plastic Shutters and Blinds in South Korea
- Imports of Plastic Shutters and Blinds in South Korea
Price for Plastic Shutters and Blinds in South Korea (FOB) - 2022
The average plastic shutters and blinds export price stood at $11.0 per unit in December 2022, declining by -28.8% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2022 when the average export price increased by 37% against the previous month. The export price peaked at $15.4 per unit in November 2022, and then reduced sharply in the following month.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was the United States ($36.4 per unit), while the average price for exports to South Africa ($4.3 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 India (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plastic Shutters and Blinds in South Korea (CIF) - 2022
In December 2022, the average plastic shutters and blinds import price amounted to $13.6 per unit, growing by 36% against the previous month. In general, import price indicated moderate growth from December 2021 to December 2022: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, plastic shutters and blinds import price increased by +35.9% against November 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 57% against the previous month. Over the period under review, average import prices reached the peak figure at $14.9 per unit in May 2022; however, from June 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Belgium ($29.9 per unit), while the price for Malaysia ($4.9 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plastic Shutters and Blinds in South Korea
Plastic shutters and blinds exports from South Korea declined to 978K units in 2022, falling by -13.6% on the year before. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 1.1M units, and then fell in the following year.
In value terms, plastic shutters and blinds exports declined to $12M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports attained the peak of $12M, and then fell in the following year.
| Export of Plastic Shutters and Blinds in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 339 | 793 | 913 | 1,547 | 65.9% |
| United States | 2,234 | 3,770 | 2,497 | 1,518 | -12.1% |
| China | 259 | 304 | 579 | 1,307 | 71.5% |
| Thailand | 646 | 562 | 775 | 1,024 | 16.6% |
| Taiwan (Chinese) | 1,559 | 571 | 317 | 971 | -14.6% |
| Vietnam | 524 | 328 | 509 | 673 | 8.7% |
| Italy | 201 | 201 | 289 | 463 | 32.1% |
| Singapore | 186 | 249 | 232 | 379 | 26.8% |
| India | 253 | 95.3 | 227 | 324 | 8.6% |
| New Zealand | 84.4 | 164 | 237 | 304 | 53.3% |
| Australia | 474 | 430 | 568 | 303 | -13.9% |
| United Arab Emirates | 55.9 | 34.9 | 85.6 | 113 | 26.4% |
| Saudi Arabia | 86.0 | 56.3 | 84.5 | 112 | 9.2% |
| Others | 3,269 | 3,590 | 5,097 | 2,740 | -5.7% |
| Total | 10,169 | 11,149 | 12,410 | 11,779 | 5.0% |
Top Export Markets for Plastic Shutters and Blinds from South Korea in 2022:
- Thailand (170.5K units)
- Canada (102.8K units)
- Taiwan (Chinese) (100.0K units)
- United States (87.8K units)
- China (52.7K units)
- New Zealand (47.9K units)
- Vietnam (46.6K units)
- Singapore (43.5K units)
- India (37.7K units)
- Italy (27.8K units)
- Saudi Arabia (27.1K units)
- United Arab Emirates (22.0K units)
- Australia (20.1K units)
Imports of Plastic Shutters and Blinds in South Korea
In 2022, approx. 307K units of plastic shutters and blinds were imported into South Korea; which is down by -5% on 2021. In general, imports recorded a mild slump. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 323K units, and then shrank slightly in the following year.
In value terms, plastic shutters and blinds imports declined to $3.1M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $3.4M, and then declined in the following year.
| Import of Plastic Shutters and Blinds in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,518 | 1,432 | 1,775 | 1,548 | 0.7% |
| Belgium | 127 | 258 | 226 | 166 | 9.3% |
| Vietnam | 11.1 | 19.7 | 35.6 | 97.6 | 106.4% |
| Others | 1,104 | 1,089 | 1,411 | 1,312 | 5.9% |
| Total | 2,760 | 2,799 | 3,448 | 3,123 | 4.2% |
Top Suppliers of Plastic Shutters and Blinds to South Korea in 2022:
- China (207.2K units)
- Vietnam (30.0K units)
- Belgium (10.6K units)
This report provides an in-depth analysis of the market for plastic shutters and blinds 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 22231470 - Plastic shutters, blinds and similar articles and parts thereof
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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