The market is dominated by foreign suppliers, as imports account for 98.3% of total market size in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023. South Korea has the sixth largest market size for mining of coal and lignite regionally, with demand reaching USD11.3 billion in 2023. Korea Coal Corp is the largest company in South Korea, generating 27.1% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 49.9% of total production value in 2023. The total number of companies decreases in 2023, to 110 units. The costs of the industry decrease by 2.7% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 6.6% of production value in 2023, the 19th highest regionally. With production value of USD121 million, South Korea accounts for 0.0% of the Asia Pacific total in 2023.
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 Mining of Coal and Lignite in South Korea: ISIC 10. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Coal and Lignite in South Korea: ISIC 10 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!