Forecast: Import of Non-Wired Float Glass in Sheets to South Korea

The import of non-wired float glass in sheets to South Korea initially experienced significant fluctuations between 2013 and 2016, evidenced by substantial year-on-year and CAGR variations. Starting in 2017, imports settled into a relatively stable pattern with minor year-on-year decreases, followed by a consistent decline from 2019 onwards. By 2023, the import volume stood at 187.36 million kilograms, marking a slight reduction compared to previous years.

Future trends to watch for:

  • A continued decline in import volume is anticipated, as indicated by an average annual reduction of 0.45% over the next five years.
  • Monitoring the development of domestic production capabilities, which could further reduce import dependency.
  • Potential regulatory changes or international trade policies that could impact importing conditions.
  • Considering shifts in demand from key industries utilizing float glass, which could influence future import needs.

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