Analysis of the competitive structure of the grain terminal in the West Coast region of South Korea

This study aimed to analyze the competition structure of grain terminals in the West Coast region of South Korea. Herfindahl-Hirschman Index (HHI), shift-share analysis, and Boston consulting group (BCG) Matrix approaches were used in this study. The results showed that grain terminals in Incheon, such as Hanjin, CJ Korea Express, Daehan Silo, and Korea TBT, did not attain the positive handling level of the Taeyoung Grain Terminal located in Pyeongtaek Dangjin port and outstanding gains of Sun Kwang (Gunsan) grain terminal. The results of this study have implications for the establishment of government policies such as the construction of additional grain terminals and repair of existing facilities.