The market is dominated by domestic suppliers, as imports account for 28.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.7% of total demand in 2022. South Korea has the fifth largest market size for quarrying of stone, sand and clay regionally, with demand reaching USD4.3 billion in 2022. Il Shin Stone Co Ltd is the largest company in South Korea, generating 1.2% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 2.5% of total production value in 2022. The total number of companies decreases in 2022, to 2,398 units. The costs of the industry decrease by 19.8% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 25.1% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 2.1% of total production output. With production value of USD3.1 billion, South Korea accounts for 1.0% of the Asia Pacific total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in South Korea: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in South Korea: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!