Price for Wood; Shuttering for Concrete Constructional Work in South Korea - 2022

Contents:

1. Price for Wood; Shuttering for Concrete Constructional Work in South Korea (FOB) - 2022
2. Price for Wood; Shuttering for Concrete Constructional Work in South Korea (CIF) - 2022
3. Exports of Wood; Shuttering for Concrete Constructional Work in South Korea
4. Imports of Wood; Shuttering for Concrete Constructional Work in South Korea

Price for Wood; Shuttering for Concrete Constructional Work in South Korea (FOB) - 2022

In 2022, the average export price for wood; shuttering for concrete constructional work amounted to $475 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $1,546 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($1,987 per ton), while the average price for exports to Mongolia ($300 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 Qatar (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in South Korea (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $1,762 per ton in 2022, surging by 5.2% against the previous year. In general, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 an increase of 95% against the previous year. As a result, import price reached the peak level of $2,489 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,813 per ton), while the price for Germany totaled $1,752 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Wood; Shuttering for Concrete Constructional Work in South Korea

Exports of wood; shuttering for concrete constructional work from South Korea skyrocketed to 2.6K tons in 2022, rising by 49% on 2021. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of wood; shuttering for concrete constructional work skyrocketed to $1.2M in 2022. Over the period under review, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 55%.

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from South Korea in 2022:

1. Mongolia (2016.7 tons)
2. Kyrgyzstan (284.7 tons)
3. Philippines (129.3 tons)
4. Russia (96.1 tons)
5. Cambodia (16.9 tons)

Imports of Wood; Shuttering for Concrete Constructional Work in South Korea

Imports of wood; shuttering for concrete constructional work into South Korea skyrocketed to 244 tons in 2022, jumping by 72% against the previous year. Overall, imports, however, saw a sharp setback.

In value terms, imports of wood; shuttering for concrete constructional work soared to $430K in 2022. In general, imports, however, saw a abrupt decrease.

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to South Korea in 2022:

1. Germany (203.3 tons)
2. Austria (40.5 tons)

Source: IndexBox Market Intelligence Platform