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Republic of Korea - Moulds for Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMoulds for Metal Price in South Korea - 2021
Contents:
- Moulds for Metal Price in South Korea (FOB) - 2022
- Moulds for Metal Price in South Korea (CIF) - 2022
- Moulds for Metal Exports in South Korea
- Moulds for Metal Imports in South Korea
Moulds for Metal Price in South Korea (FOB) - 2022
In 2022, the average moulds for metal export price amounted to $9,162 per ton, remaining stable against the previous year. In general, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 6.6%. Over the period under review, the average export prices reached the maximum at $14,001 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($19,227 per ton), while the average price for exports to Qatar ($539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.2%), while the prices for the other major destinations experienced a decline.
Moulds for Metal Price in South Korea (CIF) - 2022
In 2022, the average moulds for metal import price amounted to $6,692 per ton, approximately reflecting the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, moulds for metal import price increased by +43.4% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 32%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($51,518 per ton), while the price for Mexico ($2,959 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Moulds for Metal Exports in South Korea
Moulds for metal exports from South Korea shrank slightly to 20K tons in 2022, declining by -2.3% against the year before. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%.
In value terms, moulds for metal exports declined slightly to $180M in 2022. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 5.3%.
Export of Moulds for Metal in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 73.3 | 49.1 | 58.9 | 53.6 | -9.9% |
China | 47.5 | 29.2 | 30.7 | 28.3 | -15.9% |
Japan | 29.0 | 18.1 | 17.3 | 19.4 | -12.5% |
India | 13.2 | 10.4 | 10.2 | 10.0 | -8.8% |
Mexico | 17.4 | 6.3 | 10.0 | 9.4 | -18.6% |
Indonesia | 6.9 | 7.8 | 8.7 | 8.3 | 6.4% |
United States | 7.0 | 7.4 | 5.2 | 5.9 | -5.5% |
Thailand | 5.8 | 5.0 | 3.4 | 4.2 | -10.2% |
Poland | 5.5 | 2.0 | 2.6 | 3.8 | -11.6% |
Qatar | 1.4 | 0.5 | 0.5 | 0.7 | -20.6% |
Saudi Arabia | 1.1 | 0.5 | 0.4 | 0.5 | -23.1% |
New Zealand | N/A | N/A | 0.7 | 0.5 | -28.6% |
United Arab Emirates | 0.8 | 0.2 | 0.2 | 0.3 | -27.9% |
Others | 58.4 | 39.0 | 36.0 | 35.4 | -15.4% |
Total | 267 | 175 | 185 | 180 | -12.3% |
Top Export Markets for Moulds for Metal from South Korea in 2022:
- China (3.3K tons)
- Japan (2.9K tons)
- Vietnam (2.8K tons)
- Indonesia (1.5K tons)
- Qatar (1.3K tons)
- United States (1.3K tons)
- India (1.0K tons)
- Mexico (0.8K tons)
- Poland (0.7K tons)
- Thailand (0.6K tons)
- Saudi Arabia (0.4K tons)
- United Arab Emirates (0.4K tons)
- New Zealand (0.4K tons)
Moulds for Metal Imports in South Korea
In 2022, approx. 4.3K tons of moulds for metals were imported into South Korea; waning by -8% on the previous year. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year.
In value terms, moulds for metal imports contracted to $29M in 2022. Overall, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of $31M, and then dropped in the following year.
Import of Moulds for Metal in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.3 | 14.9 | 18.5 | 15.8 | -4.8% |
Japan | 5.7 | 4.8 | 3.5 | 5.6 | -0.6% |
Germany | 1.4 | 2.2 | 3.2 | 2.7 | 24.5% |
Vietnam | 1.3 | 1.9 | 2.2 | 2.1 | 17.3% |
Mexico | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
Others | 3.4 | 2.9 | 3.4 | 2.7 | -7.4% |
Total | 30.2 | 27.0 | 31.1 | 29.1 | -1.2% |
Top Suppliers of Moulds for Metal to South Korea in 2022:
- China (3673.1 tons)
- Vietnam (241.8 tons)
- Japan (108.3 tons)
- Germany (72.2 tons)
- Mexico (65.2 tons)
This report provides an in-depth analysis of the moulds for metal 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 25735013 - Moulding boxes for metal foundry, mould bases, moulding patterns (excluding moulding patterns of wood)
- Prodcom 25735020 - Injection or compression type moulds for metal or metal carbides (excluding ingot moulds)
- Prodcom 25735030 - Moulds for metal or metal carbides (excluding injection or compression types)
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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