Republic of Korea: Cement Pipe Market 2020

Cement Pipe Market Size in Republic of Korea

The revenue of the cement pipe market in South Korea amounted to $X in 2017, going down by -X% against the previous year. Overall, the total market indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cement pipe consumption increased by +X% against 2011 indices. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. South Korea cement pipe consumption peaked of $X in 2016, and then declined slightly in the following year.

Cement Pipe Production in Republic of Korea

Cement pipe production in South Korea stood at X tons in 2017, flattening at the previous year. In general, cement pipe production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. Over the period under review, the cement pipe production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Cement Pipe Exports from Republic of Korea

In 2017, approx. X tons of pipes of cement, concrete or artificial stone were exported from South Korea; surging by X% against the previous year. In general, the total exports indicated a mild expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cement pipe exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. South Korea exports peaked of X tons in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, cement pipe exports totaled $X in 2017. Overall, the total exports indicated a tangible growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cement pipe exports increased by +X% against 2014 indices. Over the period under review, the cement pipe exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Cement Pipe Exports by Country from Republic of Korea

The countries with the highest levels of cement pipe exports in 2017 were China (X tons), Malaysia (X tons) and Germany (X tons), together finishing at X% of total export. Belarus (X tons) ranks second in terms of the global exports with a X% share, followed by the Netherlands (X%) and Vietnam (X%). Spain (X tons), Italy (X tons), Ukraine (X tons), Belgium (X tons), Turkey (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest cement pipe supplier from South Korea, making up X% of global exports. The second position in the ranking was occupied by Spain ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Spain (+X% per year) and Germany (+X% per year).

Cement Pipe Export Prices by Country in Republic of Korea

The cement pipe export price in South Korea stood at $X per ton in 2017, shrinking by -X% against the previous year. Overall, the export price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014, when the export prices increased by X% against the previous year. Over the period under review, the export prices for pipes of cement, concrete or artificial stone attained its maximum level of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Spain ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Cement Pipe Imports into Republic of Korea

In 2017, imports of pipes of cement, concrete or artificial stone into South Korea amounted to X tons, falling by -X% against the previous year. In general, cement pipe imports continue to indicate an abrupt slump. The pace of growth appeared the most rapid in 2011, with an increase of -X% year-to-year. South Korea imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, cement pipe imports totaled $X in 2017. Overall, cement pipe imports continue to indicate a remarkable expansion. Over the period under review, the cement pipe imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Cement Pipe Imports by Country into Republic of Korea

The U.S. was the key importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by France (X tons) and Russia (X tons), together making up X% share of total imports. Switzerland (X tons), Australia (X tons), Austria (X tons), Germany (X tons), China, Hong Kong SAR (X tons), Belgium (X tons), Canada (X tons), Singapore (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of pipes of cement, concrete or artificial stone imports. At the same time, Australia (+X%), Switzerland (+X%), Canada (+X%), China, Hong Kong SAR (+X%), Russia (+X%), Singapore (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France and Germany experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR, Canada, Austria, Russia, Switzerland and Australia decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pipes of cement, concrete or artificial stone into South Korea, making up X% of global imports. The second position in the ranking was occupied by Australia ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Australia (+X% per year) and Canada (+X% per year).

Cement Pipe Import Prices by Country in Republic of Korea

In 2017, the cement pipe import price in South Korea amounted to $X per ton, coming up by X% against the previous year. Overall, cement pipe import price continues to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2017, an increase of X% against the previous year. In that year, the import prices for pipes of cement, concrete or artificial stone reached their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Australia ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform