The market is dominated by foreign suppliers, as imports account for 62.4% of total market size in 2025. B2B drives market demand, with B2B spending representing 97.7% of total demand in 2025. South Korea has the second largest market size for recycling of metal waste regionally, with demand reaching USD4.5 billion in 2025. Yesung Co Ltd is the largest company in South Korea, generating 0.1% of the industry’s total production value in 2025. The industry is fragmented, with the top one company generating 0.1% of total production value in 2025. The total number of companies decreases in 2025, to 2,889 units. The costs of the industry decrease by 0.5% in 2025, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 16.1% of production value in 2025, the 15th highest regionally. The industry’s exports share decreases in 2025 to 22.4% of total production output. With production value of USD2.4 billion, South Korea accounts for 0.3% of the Asia Pacific total in 2025.
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This Euromonitor industrial report provides unique information on Recycling of Metal Waste in South Korea: ISIC 371. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Metal Waste in South Korea: ISIC 371 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Utilities and Recycling in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Recycling of Metal Waste in South Korea: ISIC 371
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Market Overview
Utilities and Recycling
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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