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Republic of Korea - Aluminium Doors, Thresholds For Doors And Windows - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Aluminium Window and Door in South Korea - 2022
Contents:
- Price for Aluminium Window and Door in South Korea (CIF) - 2022
- Price for Aluminium Window and Door in South Korea (FOB) - 2022
- Imports of Aluminium Window and Door in South Korea
- Exports of Aluminium Window and Door in South Korea
Price for Aluminium Window and Door in South Korea (CIF) - 2022
In December 2022, the average aluminium window and door import price amounted to $36.8 per unit, reducing by -15.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $48.3 per unit. From March 2022 to December 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was China ($36.1 per unit), while the price for Vietnam amounted to $35.9 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.0%).
Price for Aluminium Window and Door in South Korea (FOB) - 2022
The average aluminium window and door export price stood at $83.6 per unit in December 2022, picking up by 7.6% against the previous month. In general, the export price, however, saw a mild decrease. The pace of growth appeared the most rapid in May 2022 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices attained the maximum at $103 per unit in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Japan ($117 per unit), while the average price for exports to the United States ($71.3 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 Japan (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium Window and Door in South Korea
In 2022, approx. 15M units of aluminium doors, thresholds for doors and windows were imported into South Korea; with an increase of 1,969% on 2021 figures. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium window and door imports skyrocketed to $71M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Aluminium Window and Door in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.7 | 14.1 | 11.0 | 16.1 | 50.7% |
United States | 1.4 | 4.3 | 5.0 | 5.5 | 57.8% |
Portugal | N/A | N/A | 0.3 | 0.8 | 166.7% |
Hong Kong SAR | 1.5 | 1.2 | 0.4 | 0.4 | -35.6% |
Vietnam | 3.0 | 6.0 | 3.4 | N/A | 6.5% |
Others | 11.9 | 4.5 | 26.2 | 47.9 | 59.1% |
Total | 22.4 | 30.0 | 46.2 | 70.7 | 46.7% |
Top Suppliers of Aluminium Window and Door to South Korea in 2022:
- Hong Kong SAR (undefinedM units)
- China (2.4M units)
- United States (0.9M units)
- Portugal (0.1M units)
Exports of Aluminium Window and Door in South Korea
In 2022, aluminium window and door exports from South Korea skyrocketed to 6.3M units, growing by 4,356% on the year before. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium window and door exports skyrocketed to $56M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Aluminium Window and Door in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.2 | 0.1 | 0.1 | 39.0 | 479.9% |
Japan | 4.4 | 4.1 | 3.0 | N/A | -17.4% |
United States | 10.0 | 10.7 | 16.4 | N/A | 28.1% |
Australia | 11.8 | 4.8 | 0.1 | N/A | -90.8% |
Canada | 7.9 | 13.7 | 10.9 | N/A | 17.5% |
Others | 14.0 | 9.3 | 4.8 | 17.4 | 7.5% |
Total | 48.3 | 42.8 | 35.3 | 56.5 | 5.4% |
Top Export Markets for Aluminium Window and Door from South Korea in 2022:
- Myanmar (22.6M units)
This report provides an in-depth analysis of the market for aluminium window and door 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 25121050 - Aluminium doors, thresholds for doors, windows and their frames
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
This report provides an in-depth analysis of the market for aluminium window and door in Republic of Korea.
This report provides an in-depth analysis of the market for metal window and door in Republic of Korea.
This report provides an in-depth analysis of the global market for aluminium window and door.
This report provides an in-depth analysis of the global market for metal window and door.
This report provides an in-depth analysis of the market for aluminium window and door in Republic of Korea.
This report provides an in-depth analysis of the global market for aluminium window and door.
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