Mining of Metal Ores in South Korea: ISIC 13

Country Report

About This Report

Jun 2017

Metal ores market in South Korea contracts for the fifth consecutive year, at 12%, affected by falling global prices of non-ferrous metals, and increased imports of scrap metals

Korea is the third-largest importer of ferrous scrap in the world, thus the rise in global iron ore price in 2016 does not have such a strong effect on the market value as in other countries

Turnover of Korean metal ore mining companies, however, recovers at 1.5% in 2016, amid recovery of iron ore prices globally

Industry profits grow 3.8% to settle at KRW26 billion in 2016, influenced by declined petrochemicals and petroleum prices, while electricity costs remain stable

Turnover growth of Korea’s metal ores mining industry expected to hasten to CAGR of 4.6% over 2016-2021, amid revived metal ore prices and growing FDI into the sector

Want to find out more about this report?
Request more information
Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Your Recently Viewed Reports

Mining of Metal Ores in South Korea: ISIC 13

Euromonitor International's report on #Company# delivers a detailed strategic analysis of the company's business, examining its performance in the Primary Materials market and the global economy.

Company and market share data provide a detailed look at the financial position of #Company#, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of #Company#.

This report examines:
  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWOT analysis of #Company# provides strategic intelligence on:
  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research You Can Trust:

Euromonitor International's company profile reports are written by our Primary Materials research team, a dedicated group of analysts that knows the industry inside and out.

Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

Delivery format

Reports are delivered in PDF format and can be downloaded from your online account immediately after purchase.


Market Trends

Production Trends

Competitive Landscape


Industry Overview

Chart 1 Production vs Nominal GDP 2001–2021
Table 1 Key Industry Indicators 2011–2016
Table 2 Key Industry Indicators: Annual Growth 2012–2016

Industry Sectors

Chart 2 Industry Sectors’ Growth Indices 2001–2021
Table 3 Production by Sector: Value 2011–2016
Table 4 Production by Sector: Annual Growth 2012–2016
Table 5 Production by Sector: Share of Total 2011–2016


Table 6 Number of Companies by Employment Size 2011–2016
Table 7 Number of Companies by Employment Size: Annual Growth 2012–2016
Table 8 Number of Companies by Employment Size: Share of Total 2011–2016
Table 9 Industry Leaders: Company Production Shares in 2016

Import and Export

Chart 3 Import vs Export Growth 2001-2016
Table 10 Import and Export 2011–2016
Table 11 Export Destinations 2011–2016
Table 12 Importing Countries 2011–2016

Market and Buyers

Table 13 Key Market Indicators 2011–2016
Table 14 Key Market Indicators: Annual Growth 2012–2016


Table 15 Supply Structure 2011–2016
Table 16 Supply Structure: Annual Growth 2012–2016
Table 17 Supply Structure:Share of Total 2011–2016

Labour Costs

Chart 4 Number of Employees vs Average Salary 2001–2016
Chart 5 Output per Employee vs Average Salary 2001–2016
Table 18 Key Statistics 2011–2016

Industry Attractiveness Index

Chart 6 Attractiveness Index of Mining of Metal Ores Among Other South Korea Industries
Chart 7 Binary Diagram of Attractiveness Index
Table 19 Attractiveness Index Composition

Attractiveness Index: Explanation

Future Outlook

Table 20 Forecasts 2017–2022


Mining of Metal Ores
Iron Ore Mining
Non-ferrous Metal Ore Mining