Republic of Korea - Pipes And Other Articles Of Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Pipe Price in South Korea - 2022
Contents:
- Cement Pipe Price in South Korea (CIF) - 2022
- Cement Pipe Price in South Korea (FOB) - 2022
- Cement Pipe Imports in South Korea
- Cement Pipe Exports in South Korea
Cement Pipe Price in South Korea (CIF) - 2022
The average cement pipe import price stood at $1 per unit in 2022, increasing by 9.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43%. The import price peaked at $1.7 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1.2 per unit), while the price for Vietnam ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Pipe Price in South Korea (FOB) - 2022
In 2022, the average cement pipe export price amounted to $1.7 per unit, surging by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2021 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($2.2 per unit), while the average price for exports to Russia ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Pipe Imports in South Korea
In 2022, imports of pipes and other articles of cement into South Korea reduced remarkably to 81M units, waning by -21.2% on 2021. In general, imports showed a mild decline. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports reached the peak of 103M units, and then dropped markedly in the following year.
In value terms, cement pipe imports fell to $81M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $94M, and then reduced in the following year.
| Import of Cement Pipe in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.4 | 56.5 | 79.3 | 75.5 | 2.8% |
| Netherlands | N/A | 3.4 | 6.6 | 2.4 | -16.0% |
| Vietnam | 2.4 | 4.1 | 4.1 | 1.7 | -10.9% |
| Others | 4.5 | 4.7 | 4.0 | 1.8 | -26.3% |
| Total | 76.3 | 68.7 | 94.1 | 81.4 | 2.2% |
Top Suppliers of Cement Pipe to South Korea in 2022:
- China (75.9M units)
- Netherlands (2.0M units)
- Vietnam (1.9M units)
Cement Pipe Exports in South Korea
In 2022, overseas shipments of pipes and other articles of cement decreased by -4.9% to 65M units, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. As a result, the exports reached the peak of 79M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cement pipe exports shrank modestly to $109M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. Over the period under review, the exports reached the maximum at $112M in 2021, and then declined in the following year.
| Export of Cement Pipe in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.1 | 77.5 | 87.7 | 40.3 | -0.7% |
| Japan | 6.9 | 7.6 | 8.9 | 28.2 | 59.9% |
| Canada | 5.6 | 6.9 | 3.9 | 12.2 | 29.6% |
| Iran | 0.8 | 1.4 | 1.5 | 4.7 | 80.4% |
| Russia | 1.0 | 0.7 | 1.3 | 3.5 | 51.8% |
| Guam | 1.1 | 1.0 | 0.6 | 2.6 | 33.2% |
| Vietnam | 0.1 | 0.1 | 0.5 | 1.4 | 141.0% |
| Northern Mariana Islands | 0.4 | 0.4 | 0.3 | 1.1 | 40.1% |
| Others | 8.9 | 9.9 | 7.6 | 14.9 | 18.7% |
| Total | 65.8 | 106 | 112 | 109 | 18.3% |
Top Export Markets for Cement Pipe from South Korea in 2022:
- United States (22.1M units)
- Japan (13.5M units)
- Canada (6.7M units)
- Russia (6.6M units)
- Guam (2.9M units)
- Iran (2.2M units)
- Vietnam (2.1M units)
- Northern Mariana Islands (1.5M units)
This report provides an in-depth analysis of the cement pipe 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 236919Z0 - Pipes and other articles of cement, concrete or artificial stone, a nd accessories
- Prodcom 23691980 - Articles of cement, concrete or artificial stone for nonconstructional purposes (including vases, flower pots, a rchitectural or garden ornaments, statues and ornamental goods)
- Prodcom 23691930 - Pipes of cement, concrete or artificial stone
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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