Republic of Korea - Amplifiers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAmplifier Price in South Korea - 2022
Contents:
- Amplifier Price in South Korea (CIF) - 2022
- Amplifier Price in South Korea (FOB) - 2022
- Amplifier Imports in South Korea
- Amplifier Exports in South Korea
Amplifier Price in South Korea (CIF) - 2022
In December 2022, the average amplifier import price amounted to $58.0 per unit, reducing by -10.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 24% against the previous month. As a result, import price reached the peak level of $78.6 per unit. From April 2022 to December 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Mexico ($133 per unit), while the price for Indonesia ($4.7 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Amplifier Price in South Korea (FOB) - 2022
The average amplifier export price stood at $108 per unit in 2022, shrinking by -8.6% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average export price decreased by -2.6%. Over the period under review, the average export prices attained the peak figure at $216 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($994 per unit), while the average price for exports to Israel ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifier Imports in South Korea
In 2022, the amount of amplifiers imported into South Korea expanded significantly to 1.1M units, surging by 5.8% on 2021 figures. Overall, imports, however, showed a perceptible decline. Imports peaked at 1.3M units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, amplifier imports soared to $179M in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Amplifier in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 81.4 | 96.5 | 96.0 | 128 | 16.3% |
| United States | 5.6 | 7.8 | 7.4 | 8.4 | 14.5% |
| Japan | 1.5 | 2.4 | 3.5 | 3.7 | 35.1% |
| Spain | 0.6 | 0.4 | 0.4 | 0.4 | -12.6% |
| Others | 46.0 | 39.2 | 40.1 | 38.4 | -5.8% |
| Total | 135 | 146 | 147 | 179 | 9.9% |
Top Suppliers of Amplifier to South Korea in 2022:
- China (939.6K units)
- United States (28.8K units)
- Japan (27.2K units)
- Spain (16.5K units)
Amplifier Exports in South Korea
For the fourth consecutive year, South Korea recorded growth in overseas shipments of amplifiers, which increased by 6.9% to 528K units in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, amplifier exports declined to $57M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports attained the peak of $58M, and then declined modestly in the following year.
| Export of Amplifier in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.6 | 15.9 | 24.1 | 29.1 | 35.9% |
| Czech Republic | 3.4 | 5.5 | 5.4 | 6.9 | 26.6% |
| Vietnam | 2.0 | 1.4 | 3.8 | 6.9 | 51.1% |
| China | 1.6 | 2.1 | 2.4 | 2.4 | 14.5% |
| Japan | 1.2 | 1.6 | 1.8 | 1.4 | 5.3% |
| United Kingdom | 0.7 | 0.4 | 0.4 | 0.9 | 8.7% |
| Russia | 1.2 | 1.2 | 1.6 | 0.7 | -16.4% |
| Hong Kong SAR | 1.0 | 0.7 | 1.1 | 0.7 | -11.2% |
| Israel | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 10.5 | 10.8 | 17.6 | 7.9 | -9.0% |
| Total | 33.4 | 39.8 | 58.4 | 57.0 | 19.5% |
Top Export Markets for Amplifier from South Korea in 2022:
- United States (150.2K units)
- Japan (24.6K units)
- Vietnam (23.4K units)
- China (20.7K units)
- Czech Republic (7.0K units)
- Israel (5.5K units)
- United Kingdom (5.1K units)
- Russia (4.4K units)
- Hong Kong SAR (2.8K units)
This report provides an in-depth analysis of the amplifier market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26404355 - Telephonic and measurement amplifiers (excluding high or intermediate frequency amplifiers)
- Prodcom 26404359 - Audio-frequency electric amplifiers (including hi-fi amplifiers) (excluding high or intermediate frequency amplifiers, t elephonic and measurement amplifiers)
- Prodcom 26404370 - Electric sound amplifier sets (including public address systems with microphone and speaker)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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