Latest Report Update: May 13, 2021

Republic of Korea - Porcelain Ceramic Wares For Laboratory, Technical, and Chemical Use - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Republic of Korea: Porcelain Technical Ware Market Overview 2021

Webinar: Global Cement Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cement market.

Thursday, September 23rd, 2021 @ 10:00 am ET

Register Now

Porcelain Technical Ware Market Size in Republic of Korea

In 2020, the South Korean porcelain technical ware market decreased by -X% to $X, falling for the second consecutive year after four years of growth. In general, consumption recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Porcelain Technical Ware Production in Republic of Korea

In value terms, porcelain technical ware production dropped markedly to $X in 2020 estimated in export prices. Over the period under review, production saw a prominent increase. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. Porcelain technical ware production peaked at $X in 2019, and then shrank markedly in the following year.

Porcelain Technical Ware Exports

Exports from Republic of Korea

In 2020, shipments abroad of porcelain ceramic wares for laboratory, technical, and chemical use increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. Over the period under review, exports posted significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, porcelain technical ware exports skyrocketed to $X in 2020. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Japan (X tonnes) was the main destination for porcelain technical ware exports from South Korea, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan stood at +X%.

In value terms, Japan ($X) also remains the key foreign market for porcelain technical ware exports from South Korea.

From 2007 to 2020, the average annual growth rate of value to Japan stood at +X%.

Export Prices by Country

In 2020, the average porcelain technical ware export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2007 to 2020, the rate of growth in terms of prices for Japan amounted to +X% per year.

Porcelain Technical Ware Imports

Imports into Republic of Korea

In 2020, supplies from abroad of porcelain ceramic wares for laboratory, technical, and chemical use was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports saw notable growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; afterwards, it flattened through to 2020.

In value terms, porcelain technical ware imports surged to $X in 2020. In general, imports enjoyed a tangible increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest porcelain technical ware supplier to South Korea, accounting for a X% share of total imports. Moreover, porcelain technical ware imports from China exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), more than tenfold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Indonesia (+X% per year).

In value terms, China ($X) constituted the largest supplier of porcelain technical ware to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (-X% per year).

Import Prices by Country

In 2020, the average porcelain technical ware import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, saw noticeable growth. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for porcelain ceramic wares for laboratory, technical, and chemical use in the world?
+
China (42K tonnes) remains the largest porcelain technical ware consuming country worldwide, comprising approx. 19% of total volume. Moreover, porcelain technical ware consumption in China exceeded the figures recorded by the second-largest consumer, India (15K tonnes), threefold. The third position in this ranking was occupied by the U.S. (14K tonnes), with a 6.6% share.
What are the largest producers of porcelain ceramic wares for laboratory, technical, and chemical use in the world?
+
The country with the largest volume of porcelain technical ware production was China (74K tonnes), accounting for 33% of total volume. Moreover, porcelain technical ware production in China exceeded the figures recorded by the second-largest producer, India (15K tonnes), fivefold. The U.S. (11K tonnes) ranked third in terms of total production with a 4.9% share.
What are the leading suppliers of porcelain ceramic wares for laboratory, technical, and chemical use to Republic of Korea?
+
In value terms, China ($9.1M) constituted the largest supplier of porcelain technical ware to South Korea, comprising 20% of total imports. The second position in the ranking was occupied by Germany ($1.2M), with a 2.6% share of total imports. It was followed by France, with a 1.9% share.
What are the leading importers of porcelain ceramic wares for laboratory, technical, and chemical use from Republic of Korea?
+
In value terms, Japan ($12M) remains the key foreign market for porcelain technical ware exports from South Korea.
What is the average export price for porcelain ceramic wares for laboratory, technical, and chemical use in Republic of Korea?
+
The average porcelain technical ware export price stood at $13,804 per tonne in 2020, with a decrease of -49.5% against the previous year.
What is the average import price for porcelain ceramic wares for laboratory, technical, and chemical use in Republic of Korea?
+
The average porcelain technical ware import price stood at $19,921 per tonne in 2020, with a decrease of -37.1% against the previous year.

Product coverage:
• Prodcom 23441100 - Ceramic wares for laboratory, chemical, technical use, of porcelain or china

This report provides an in-depth analysis of the porcelain technical ware 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 10:00 am ET


Register

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data