Key Market Indicators
SEOUL, South Korea — The export of Korean metal products is projected to hit approximately $3.27 billion by 2028, rising from around $2.86 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.1%. Since 1993, the country's supply has seen a steady increase of 2.8% annually. Meanwhile, imports of metal products into Korea are expected to reach about $1.26 billion by 2028, up from roughly $1.14 billion in 2023. The import sector is growing at an average annual rate of 1.7%. Korean demand for metal products has been on a consistent upward trend, with a 2.5% annual increase since 1993.
