Republic of Korea - Iron Or Steel Bridges And Bridge-Sections - 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 Iron or Steel Bridges in South Korea - 2022
Contents:
- Price for Iron or Steel Bridges in South Korea (CIF) - 2022
- Price for Iron or Steel Bridges in South Korea (FOB) - 2022
- Imports of Iron or Steel Bridges in South Korea
- Exports of Iron or Steel Bridges in South Korea
Price for Iron or Steel Bridges in South Korea (CIF) - 2022
The average iron or steel bridges import price stood at $2,015 per ton in 2022, increasing by 6.4% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 73%. As a result, import price reached the peak level of $3,168 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,179 per ton), while the price for China amounted to $1,706 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%).
Price for Iron or Steel Bridges in South Korea (FOB) - 2022
The average iron or steel bridges export price stood at $9,093 per ton in December 2022, increasing by 88% against the previous month. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in April 2022 an increase of 311% m-o-m. The export price peaked in December 2022.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Panama ($9,189 per ton), while the average price for exports to Vietnam ($3,843 per ton) 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 the Philippines (+9.8%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel Bridges in South Korea
In 2022, the amount of iron or steel bridges and bridge-sections imported into South Korea reduced notably to 1.2K tons, dropping by -47.9% against the year before. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of 2.4K tons, and then reduced notably in the following year.
In value terms, iron or steel bridges imports declined rapidly to $2.5M in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports attained the peak of $4.5M, and then fell sharply in the following year.
Import of Iron or Steel Bridges in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.3 | 2.4 | 4.1 | 2.0 | -15.4% |
Italy | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
Brunei Darussalam | N/A | N/A | 0.1 | N/A | 0% |
Others | 0.1 | 0.3 | 0.1 | 0.3 | 44.2% |
Total | 3.3 | 2.8 | 4.5 | 2.5 | -8.8% |
Top Suppliers of Iron or Steel Bridges to South Korea in 2022:
- China (1181.1 tons)
- Italy (28.8 tons)
Exports of Iron or Steel Bridges in South Korea
In 2022, iron or steel bridges exports from South Korea skyrocketed to 1.4K tons, picking up by 53% against the previous year. Over the period under review, exports, however, recorded a mild contraction.
In value terms, iron or steel bridges exports skyrocketed to $7.9M in 2022. Overall, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron or Steel Bridges in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | N/A | N/A | N/A | 6,048 | 0% |
Philippines | 3.9 | N/A | 582 | 1,271 | 588.2% |
Vietnam | 638 | 359 | 2,196 | 181 | -34.3% |
Thailand | 29.0 | 137 | 153 | 157 | 75.6% |
Indonesia | 304 | 482 | 74.8 | 38.3 | -49.9% |
United States | 3,837 | 1,271 | 68.0 | 7.5 | -87.5% |
United Arab Emirates | 47.2 | N/A | 355 | 1.4 | -69.0% |
Democratic Republic of the Congo | 134 | N/A | N/A | N/A | 0% |
Myanmar | 122 | 386 | 209 | N/A | 30.9% |
Others | 380 | 377 | 450 | 176 | -22.6% |
Total | 5,496 | 3,013 | 4,089 | 7,880 | 12.8% |
Top Export Markets for Iron or Steel Bridges from South Korea in 2022:
- Panama (836.9 tons)
- Philippines (531.2 tons)
- Vietnam (27.9 tons)
- Thailand (21.8 tons)
- Indonesia (4.8 tons)
- United States (1.9 tons)
- United Arab Emirates (0.8 tons)
This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections
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 iron or steel bridges in Republic of Korea.
This report provides an in-depth analysis of the bridge market in Republic of Korea.
This report provides an in-depth analysis of the market for scaffolding, shuttering, and propping equipment 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 market for iron or steel window and door in Republic of Korea.
This report provides an in-depth analysis of the market for iron or steel towers in Republic of Korea.
This report provides an in-depth analysis of the global market for iron or steel bridges.
This report provides an in-depth analysis of the global bridge market.
This report provides an in-depth analysis of the global market for scaffolding, shuttering, and propping equipment.
This report provides an in-depth analysis of the global market for metal window and door.
In value terms, iron and steel cast articles imports totaled $X in 2016. In general, iron and steel cast articles imports continue to indicate a mild downturn. Over the period under review, global ...
In value terms, iron and steel articles imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, iron and steel cast articles exports amounted to $X in 2016. Overall, iron and steel cast articles exports continue to indicate a temperate deduction. Global iron and steel cast art...
In value terms, iron and steel articles exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
Explore the top import markets for bridge construction and their key statistics. Find out which countries are leading the way in bridge imports, backed by data from IndexBox market intelligence.
Global bridge imports totaled X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the trend patte...
Global bridge imports totaled X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the trend patte...
China dominates in the global trade of iron or steel bridges, bridge sections, towers and lattice masts. In 2014, China's exports of bridges, bridge sections, towers and lattice masts (of iron or steel) surged upward, reaching X thousand tons, tran
In value terms, armoured and reinforced safes, strong-boxes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
Germany took the second spot in the global trade of doors, windows and their frames and thresholds for doors (of iron, steel or aluminium). In 2014, Germany exported X thousand tons of doors, windows and their frames and thresholds for doors (of ir