Report Update: May 1, 2024

Republic of Korea - Base Metal Sign-Plates, Name-Plates And Address-Plates - Market Analysis, Forecast, Size, Trends And Insights

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Metal Advertising Sign Price in South Korea - 2022

Metal Advertising Sign Price in South Korea (FOB) - 2022

The average metal advertising sign export price stood at $29,645 per ton in 2020, dropping by -31.7% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2019 an increase of 41% against the previous year. The export price peaked at $76,293 per ton in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was China ($96,015 per ton), while the average price for exports to Iraq ($1,757 per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Price in South Korea (CIF) - 2022

The average metal advertising sign import price stood at $60,781 per ton in 2020, increasing by 28% against the previous year. In general, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices hit record highs at $73,912 per ton in 2013; however, from 2014 to 2020, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($62,735 per ton), while the price for the United States ($30,176 per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Advertising Sign Exports in South Korea

In 2022, shipments abroad of metal advertising signs decreased by -29% to 243 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 40%. As a result, the exports reached the peak of 537 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal advertising sign exports fell slightly to $18M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $19M, and then dropped in the following year.

Export of Metal Advertising Sign in South Korea (Thousand USD)
COUNTRY	2019	2020	CAGR, 2019-2020
United States	3,348	2,545	-24.0%
China	3,692	2,480	-32.8%
India	1,511	845	-44.1%
Germany	808	836	3.5%
Vietnam	640	675	5.5%
Russia	283	488	72.4%
Poland	823	405	-50.8%
Mexico	326	370	13.5%
Switzerland	1,002	246	-75.4%
Uzbekistan	2.5	179	7060.0%
Cambodia	210	121	-42.4%
Kazakhstan	133	82.2	-38.2%
Iraq	N/A	34.9	0%
Others	3,856	6,607	71.3%
Total	16,634	15,914	-4.3%

Top Export Markets for Metal Advertising Sign from South Korea in 2022:

United States (108.8 tons)
Kazakhstan (26.1 tons)
China (25.8 tons)
Uzbekistan (22.0 tons)
India (20.6 tons)
Iraq (19.8 tons)
Germany (17.3 tons)
Mexico (15.5 tons)
Russia (11.9 tons)
Switzerland (10.0 tons)
Poland (9.9 tons)
Cambodia (9.6 tons)
Vietnam (7.2 tons)

Metal Advertising Sign Imports in South Korea

Metal advertising sign imports into South Korea stood at 266 tons in 2022, increasing by 11% compared with 2021. Overall, imports, however, recorded a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%.

In value terms, metal advertising sign imports fell remarkably to $12M in 2022. In general, imports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, imports reached the peak of $14M, and then contracted markedly in the following year.

Import of Metal Advertising Sign in South Korea (Million USD)
COUNTRY	2019	2020	CAGR, 2019-2020
China	9.7	8.1	-16.5%
United States	1.3	1.3	0.0%
Germany	0.7	0.4	-42.9%
Japan	0.2	0.3	50.0%
France	0.2	0.2	0.0%
Others	1.1	2.2	100.0%
Total	13.2	12.5	-5.3%

Top Suppliers of Metal Advertising Sign to South Korea in 2022:

China (156.2 tons)
United States (43.4 tons)
Germany (7.0 tons)
Japan (6.5 tons)
France (5.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal advertising sign market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25992987 - Base metal sign-plates, name-plates, address-plates and similar plates, numbers, letters and other symbols (excluding illuminated)

Country coverage:

South Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Republic of Korea
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023