![Republic of Korea - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/republic-of-korea-table-kitchen-or-household-articles-of-cast-iron-market-analysis-forecast-size-trends-and-insights.webp)
Republic of Korea - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Cast Iron Household Articles in South Korea - 2022
Contents:
- Price for Cast Iron Household Articles in South Korea (CIF) - 2022
- Price for Cast Iron Household Articles in South Korea (FOB) - 2022
- Imports of Cast Iron Household Articles in South Korea
- Exports of Cast Iron Household Articles in South Korea
Price for Cast Iron Household Articles in South Korea (CIF) - 2022
In December 2022, the average cast iron household articles import price amounted to $9,756 per ton, which is down by -16.7% against the previous month. In general, import price indicated slight growth from December 2021 to December 2022: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, cast iron household articles import price increased by +52.8% against October 2022 indices. The most prominent rate of growth was recorded in November 2022 an increase of 83% month-to-month. As a result, import price attained the peak level of $11,705 per ton, and then declined significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($27,373 per ton), while the price for China ($4,970 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cast Iron Household Articles in South Korea (FOB) - 2022
In 2022, the average cast iron household articles export price amounted to $8,617 per ton, surging by 52% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cast iron household articles export price increased by +74.8% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +12.1% per year.
Imports of Cast Iron Household Articles in South Korea
After three years of growth, purchases abroad of table, kitchen or household articles of cast iron decreased by -7.2% to 4.1K tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 60%.
In value terms, cast iron household articles imports skyrocketed to $41M in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 61%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Cast Iron Household Articles in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | N/A | N/A | N/A | 40.9 | 0% |
China | 3.2 | 6.2 | 8.9 | N/A | 66.8% |
Sweden | 1.1 | 2.7 | 2.4 | N/A | 47.7% |
United States | 0.8 | 1.1 | 3.6 | N/A | 112.1% |
France | 9.7 | 13.9 | 18.9 | N/A | 39.6% |
Others | 1.2 | 1.8 | 1.7 | N/A | 19.0% |
Total | 16.0 | 25.7 | 35.5 | 40.9 | 36.7% |
Top Suppliers of Cast Iron Household Articles to South Korea in 2022:
- Myanmar (4.1K tons)
Exports of Cast Iron Household Articles in South Korea
In 2022, cast iron household articles exports from South Korea fell rapidly to 168 tons, dropping by -40.5% against the year before. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 53%.
In value terms, cast iron household articles exports contracted to $1.4M in 2022. In general, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, the exports attained the peak of $1.6M, and then reduced in the following year.
Export of Cast Iron Household Articles in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 23.1 | 6.4 | N/A | 1,444 | 296.9% |
China | 75.4 | 39.0 | 151 | N/A | 41.5% |
United States | 625 | 323 | 562 | N/A | -5.2% |
Indonesia | 69.7 | 25.2 | 7.6 | N/A | -67.0% |
Philippines | 118 | 32.2 | 72.0 | N/A | -21.9% |
Canada | 190 | 204 | 275 | N/A | 20.3% |
Others | 299 | 392 | 535 | N/A | 33.8% |
Total | 1,400 | 1,022 | 1,603 | 1,444 | 1.0% |
Top Export Markets for Cast Iron Household Articles from South Korea in 2022:
- Myanmar (167.6 tons)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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 cast iron household articles in Republic of Korea.
This report provides an in-depth analysis of the metal wool market in Republic of Korea.
This report provides an in-depth analysis of the iron household articles market in Republic of Korea.
This report provides an in-depth analysis of the market for stainless steel household articles in Republic of Korea.
This report provides an in-depth analysis of the global market for cast iron household articles.
This report provides an in-depth analysis of the global metal wool market.
This report provides an in-depth analysis of the global iron household articles market.
This report provides an in-depth analysis of the global market for stainless steel household articles.
This report provides an in-depth analysis of the market for cast iron household articles in Republic of Korea.
This report provides an in-depth analysis of the metal wool market in Republic of Korea.
Explore the top countries importing iron household articles in 2023. Learn about market trends and opportunities for exporters.
Explore the top import markets for stainless steel household articles, including key statistics and numbers. Learn about the leading countries and their demand for these premium products.
Explore the top countries importing iron household articles in 2023. Learn about market trends and opportunities for exporters.
Explore the top import markets for stainless steel household articles, including key statistics and numbers. Learn about the leading countries and their demand for these premium products.