The market is dominated by foreign suppliers, as imports account for 100.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.5% of total demand in 2022. South Korea has the fourth largest market size for mining of metal ores regionally, with demand reaching USD19.7 billion in 2022. NMC Resource Corp is the largest company in South Korea, generating 11.3% of the industry’s total production value in 2022. The industry is fragmented, with the top one company generating 11.3% of total production value in 2022. The total number of companies decreases in 2022, to 210 units. The costs of the industry decrease by 17.6% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 37.6% of production value in 2022, the fourth highest regionally. The industry’s exports share increases in 2022 to 96.6% of total production output. With production value of USD73.2 million, South Korea accounts for 0.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Metal Ores in South Korea: ISIC 13. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Metal Ores in South Korea: ISIC 13 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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