Households drive market demand, with household spending representing 62.6% of total demand in 2023. Korea Railroad Corp is the largest company in South Korea, generating 73.0% of the industry’s total turnover value in 2023. The industry is concentrated, with the top three companies generating 92.6% of total production value in 2023. The total number of companies increases in 2023, to 1,255 units. The costs of the industry increase by 3.6% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 9.2% of turnover in 2023, the 15th highest regionally. With turnover of USD5.9 billion, South Korea accounts for 2.3% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Transport via Railways in South Korea: ISIC 601. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Transport via Railways in South Korea: ISIC 601 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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