Latest Report Update: Mar 15, 2020

Republic of Korea - Ferro-Chromium - 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: Ferro-Chromium Market Overview 2020

Ferro-Chromium Market Size in Republic of Korea

The revenue of the ferro-chromium market in South Korea amounted to $X in 2018, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, the ferro-chromium market attained its maximum level at $X in 2017, leveling off in the following year.

Ferro-Chromium Exports

Exports from Republic of Korea

Ferro-chromium exports from South Korea stood at X tonnes in 2018, surging by X% against the previous year. Overall, ferro-chromium exports, however, continue to indicate a drastic deduction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. South Korea exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, ferro-chromium exports stood at $X in 2018. Overall, ferro-chromium exports, however, continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, ferro-chromium exports reached their peak of $X. From 2015 to 2018, the growth of ferro-chromium exports failed to regain its momentum.

Exports by Country

South Africa was the major exporter of ferro-chromium exported in the world, with the volume of exports reaching X tonnes, which was near X% of total exports in 2018. It was distantly followed by Kazakhstan (X tonnes) and India (X tonnes), together making up a X% share of total exports. Finland (X tonnes), Russia (X tonnes), Zimbabwe (X tonnes) and Sweden (X tonnes) took a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to ferro-chromium exports from South Africa stood at +X%. At the same time, Finland (+X%), India (+X%), Sweden (+X%), Kazakhstan (+X%) and Zimbabwe (+X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of South Africa, India, Kazakhstan and Finland increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Kazakhstan ($X) and India ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. Russia, Finland, Zimbabwe and Sweden lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Finland recorded the highest rates of growth with regard to the value of exports, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the ferro-chromium export price in South Korea amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the export price indicated a pronounced increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ferro-chromium export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices for ferro-chromium reached their peak figure in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Russia ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Ferro-Chromium Imports

Imports into Republic of Korea

In 2018, the ferro-chromium imports into South Korea stood at X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, ferro-chromium imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, ferro-chromium imports amounted to $X in 2018. In general, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ferro-chromium imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. In that year, ferro-chromium imports attained their peak of $X. From 2009 to 2018, the growth of ferro-chromium imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes), distantly followed by Japan (X tonnes), the U.S. (X tonnes), the United Arab Emirates (X tonnes), Belgium (X tonnes), Italy (X tonnes), Taiwan, Chinese (X tonnes) and Germany (X tonnes) were the major importers of ferro-chromium, together comprising X% of total imports. Spain (X tonnes) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the United Arab Emirates (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. By contrast, Spain (-X%), Japan (-X%), Belgium (-X%), Italy (-X%), Taiwan, Chinese (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), the United Arab Emirates (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Belgium (-X p.p.), Italy (-X p.p.), Taiwan, Chinese (-X p.p.), Japan (-X p.p.) and Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ferro-chromium importing markets into South Korea were China ($X), Japan ($X) and the U.S. ($X), together accounting for X% of total imports. Germany, Taiwan, Chinese, Belgium, the United Arab Emirates, Italy and Spain lagged somewhat behind, together comprising a further X terms of the main importing countries, the United Arab Emirates (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The ferro-chromium import price in South Korea stood at $X per tonne in 2018, reducing by -X% against the previous year. In general, the import price indicated a modest increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ferro-chromium import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. In that year, the import prices for ferro-chromium attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the import prices for ferro-chromium remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

This report provides an in-depth analysis of the ferro-chromium 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Ceramic Tile Market 2020 - Statistics, Trends, and Insights



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



Friday, June 12th, 2020 @ 10:00 am ET


Register

Webinar: Global Cement Additives Market 2020 - Statistics, Trends, and Insights



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



Thursday, June 18th, 2020 @ 10:00 am ET


Register

Webinar: EU Soft Drink Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the EU soft drink market.



Sunday, June 21st, 2020 @ 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