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Republic of Korea - Doors, Windows And Their Frames And Thresholds For Doors (Of Iron, Steel Or Aluminium) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Metal Window and Door in South Korea - 2021
Contents:
- Price for Metal Window and Door in South Korea (CIF) - 2022
- Price for Metal Window and Door in South Korea (FOB) - 2022
- Imports of Metal Window and Door in South Korea
- Exports of Metal Window and Door in South Korea
Price for Metal Window and Door in South Korea (CIF) - 2022
The average metal window and door import price stood at $4,415 per ton in 2022, with a decrease of -13% against the previous year. Overall, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 an increase of 9.6%. The import price peaked at $8,174 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($35,613 per ton), while the price for China ($2,785 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 (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Window and Door in South Korea (FOB) - 2022
In 2022, the average metal window and door export price amounted to $6,203 per ton, falling by -3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, the average export prices hit record highs at $7,327 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($17,125 per ton), while the average price for exports to Hungary ($1,223 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 China (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Window and Door in South Korea
For the fourth consecutive year, South Korea recorded growth in purchases abroad of metal windows and doors, which increased by 11% to 12K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metal window and door imports reduced modestly to $51M in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 38%.
Import of Metal Window and Door in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 8.6 | 23.1 | 25.3 | 25.7 | 44.0% |
China | 16.5 | 13.3 | 10.7 | 12.1 | -9.8% |
United States | 5.1 | 5.3 | 5.7 | 5.5 | 2.5% |
Others | 5.7 | 7.7 | 10.9 | 7.8 | 11.0% |
Total | 35.9 | 49.5 | 52.6 | 51.0 | 12.4% |
Top Suppliers of Metal Window and Door to South Korea in 2022:
- Vietnam (6.5K tons)
- China (4.3K tons)
- United States (0.3K tons)
Exports of Metal Window and Door in South Korea
In 2022, overseas shipments of metal windows and doors were finally on the rise to reach 11K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt curtailment.
In value terms, metal window and door exports rose notably to $66M in 2022. Over the period under review, exports, however, saw a abrupt decline.
Export of Metal Window and Door in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 23.6 | 15.7 | 17.4 | 18.9 | -7.1% |
Canada | 13.1 | 15.5 | 10.2 | 10.9 | -5.9% |
Japan | 11.3 | 6.8 | 4.2 | 5.6 | -20.9% |
Vietnam | 6.3 | 5.4 | 2.2 | 3.6 | -17.0% |
Iraq | 3.9 | 3.2 | 0.6 | 2.0 | -20.0% |
Philippines | 5.7 | 1.3 | 1.0 | 2.0 | -29.5% |
India | 1.7 | 1.3 | 1.2 | 2.0 | 5.6% |
China | 4.2 | 3.4 | 0.8 | 2.0 | -21.9% |
United Arab Emirates | 3.8 | 1.0 | 1.2 | 1.6 | -25.0% |
Indonesia | 0.6 | 2.1 | 0.9 | 1.2 | 26.0% |
Hungary | 0.3 | 0.1 | 1.0 | 1.0 | 49.4% |
Cambodia | 0.1 | 0.6 | 0.8 | 0.9 | 108.0% |
Guatemala | 0.1 | 0.2 | 0.9 | 0.9 | 108.0% |
Others | 15.4 | 14.7 | 18.7 | 13.9 | -3.4% |
Total | 90.2 | 71.6 | 61.3 | 66.5 | -9.7% |
Top Export Markets for Metal Window and Door from South Korea in 2022:
- United States (2683.6 tons)
- Canada (1917.1 tons)
- Hungary (811.5 tons)
- Guatemala (658.1 tons)
- Japan (621.5 tons)
- Philippines (556.9 tons)
- Vietnam (442.8 tons)
- Iraq (317.2 tons)
- India (207.1 tons)
- Cambodia (195.7 tons)
- Indonesia (166.1 tons)
- United Arab Emirates (159.2 tons)
- China (119.5 tons)
This report provides an in-depth analysis of the market for metal 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 25121030 - Iron or steel doors, thresholds for doors, windows and their frames
- 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.
-
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
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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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