South Korea: Full-year ready-mix concrete shipments are expected to drop by 18% year-on-year to 93Mm3 in 2025. Chosun Biz News has reported that the Sampyo Market Research Centre (SMRC) attributes the decline to ‘stagnant’ commercial construction and infrastructure project delays. The anticipated decline would correspond to a drop of 36% year-on-year from a 2021 high of 146Mm3. SMRC previously projected full-year 2025 shipments at 96Mm3, prior to the outbreak of a political crisis in the country in December 2024.

market readymix concrete construction South Korea deliveries government outlook data