Republic of Korea: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Republic of Korea

In 2020, the South Korean insulated coaxial cables market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Insulated Coaxial Cables Production in Republic of Korea

In value terms, insulated coaxial cables production stood at $X in 2020 estimated in export prices. In general, the total production indicated a slight expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Insulated coaxial cables production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Insulated Coaxial Cables Exports

Exports from Republic of Korea

In 2020, the amount of insulated coaxial cables exported from South Korea shrank remarkably to X tons, waning by -X% against the previous year's figure. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked at X tons in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, insulated coaxial cables exports reduced notably to $X in 2020. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons), the U.S. (X tons) and Iraq (X tons) were the main destinations of insulated coaxial cables exports from South Korea, together accounting for X% of total exports. Kazakhstan, Taiwan (Chinese), Kuwait, Chile, Oman, Japan, Italy, Algeria, Singapore and China lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait, while exports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), the U.S. ($X) and Iraq ($X) appeared to be the largest markets for insulated coaxial cables exported from South Korea worldwide, with a combined X% share of total exports. Italy, Kazakhstan, Taiwan (Chinese), China, Japan, Oman, Kuwait, Algeria, Chile and Singapore lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average insulated coaxial cables export price stood at $X per ton in 2020, picking up by X% against the previous year. In general, export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, insulated coaxial cables export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cables Imports

Imports into Republic of Korea

In 2020, the amount of insulated coaxial cables imported into South Korea shrank remarkably to X tons, waning by -X% compared with 2019. Over the period under review, imports showed a noticeable decrease. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. From 2015 to 2020, the growth imports remained at a lower figure.

In value terms, insulated coaxial cables imports reduced notably to $X in 2020. In general, imports saw a noticeable reduction. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of insulated coaxial cables to South Korea, with a X% share of total imports. Moreover, insulated coaxial cables imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and the U.S. (-X% per year).

In value terms, China ($X) constituted the largest supplier of insulated coaxial cables to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2020, the average insulated coaxial cables import price amounted to $X per ton, waning by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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