Report Republic of Korea - Sawing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 20, 2022

Republic of Korea - Sawing Machines for Working Stone, Ceramics and Concrete - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Stone Sawing Machine Market 2022

Stone Sawing Machine Market Size in Republic of Korea

In 2021, the South Korean stone sawing machine market decreased by -X% to $X, falling for the third consecutive year after four years of growth. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Stone Sawing Machine Production in Republic of Korea

In value terms, stone sawing machine production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Stone Sawing Machine Exports

Exports from Republic of Korea

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were exported from South Korea; jumping by X% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine exports skyrocketed to $X in 2021. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X units) was the main destination for stone sawing machine exports from South Korea, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Myanmar amounted to +X%.

In value terms, Myanmar ($X) also remains the key foreign market for stone sawing machine exports from South Korea.

From 2012 to 2021, the average annual rate of growth in terms of value to Myanmar totaled +X%.

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, shrinking by -X% against the previous year. In general, the export price recorded a sharp contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Myanmar amounted to -X% per year.

Stone Sawing Machine Imports

Imports into Republic of Korea

In 2021, the amount of sawing machines for working stone, ceramics and concrete imported into South Korea surged to X units, jumping by X% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, stone sawing machine imports rose markedly to $X in 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest stone sawing machine supplier to South Korea, with a X% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Italy (-X% per year).

In value terms, China ($X) constituted the largest supplier of stone sawing machine to South Korea, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and the United States (-X% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, declining by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sawing machines for working stone, ceramics and concrete in the world?
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The United States remains the largest stone sawing machine consuming country worldwide, comprising approx. 39% of total volume. Moreover, stone sawing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. India ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of sawing machines for working stone, ceramics and concrete in the world?
+
China remains the largest stone sawing machine producing country worldwide, comprising approx. 41% of total volume. Moreover, stone sawing machine production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was taken by India, with an 11% share.
What are the leading suppliers of sawing machines for working stone, ceramics and concrete to Republic of Korea?
+
In value terms, China constituted the largest supplier of stone sawing machine to South Korea, comprising 63% of total imports. The second position in the ranking was taken by Italy, with a 15% share of total imports. It was followed by the United States, with a 14% share.
What are the leading importers of sawing machines for working stone, ceramics and concrete from Republic of Korea?
+
In value terms, Myanmar remains the key foreign market for stone sawing machine exports from South Korea.
What is the average export price for sawing machines for working stone, ceramics and concrete in Republic of Korea?
+
The average stone sawing machine export price stood at $61 per unit in 2021, which is down by -96.6% against the previous year.
What is the average import price for sawing machines for working stone, ceramics and concrete in Republic of Korea?
+
In 2021, the average stone sawing machine import price amounted to $2,176 per unit, reducing by -17.1% against the previous year.

This report provides an in-depth analysis of the stone sawing machine 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 2030.


Product coverage:
• Prodcom 28491130 - Sawing machines for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass
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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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