Republic of Korea - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCentrifugal Clothes-Dryer Price in South Korea - 2022
Contents:
- Centrifugal Clothes-Dryer Price in South Korea (CIF) - 2022
- Centrifugal Clothes-Dryer Price in South Korea (FOB) - 2022
- Centrifugal Clothes-Dryer Imports in South Korea
- Centrifugal Clothes-Dryer Exports in South Korea
Centrifugal Clothes-Dryer Price in South Korea (CIF) - 2022
In 2022, the average centrifugal clothes-dryer import price amounted to $324 per unit, increasing by 3.3% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, centrifugal clothes-dryer import price increased by +57.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 36%. The import price peaked at $334 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.7% per year.
Centrifugal Clothes-Dryer Price in South Korea (FOB) - 2022
In 2022, the average centrifugal clothes-dryer export price amounted to $226 per unit, dropping by -40.6% against the previous year. In general, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 87% against the previous year. As a result, the export price reached the peak level of $480 per unit. From 2014 to 2022, the average export prices remained 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 Vietnam ($472 per unit), while the average price for exports to Egypt ($158 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 Germany (+69.5%), while the prices for the other major destinations experienced more modest paces of growth.
Centrifugal Clothes-Dryer Imports in South Korea
In 2022, purchases abroad of centrifugal clothes-dryers increased by 3.5% to 2.8K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep downturn. Over the period under review, imports attained the peak figure at 3.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, centrifugal clothes-dryer imports rose notably to $891K in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Centrifugal Clothes-Dryer in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 553 | 601 | 827 | 889 | 17.1% |
| Italy | N/A | 87.2 | 0.1 | 0.3 | -94.1% |
| United Arab Emirates | 139 | 59.9 | N/A | N/A | -56.9% |
| Others | 7.2 | 9.9 | 6.5 | 1.3 | -43.5% |
| Total | 700 | 758 | 834 | 891 | 8.4% |
Top Suppliers of Centrifugal Clothes-Dryer to South Korea in 2022:
- China (2747.0 units)
- Italy (1.0 units)
Centrifugal Clothes-Dryer Exports in South Korea
Centrifugal clothes-dryer exports from South Korea skyrocketed to 812 units in 2022, jumping by 187% on the year before. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, centrifugal clothes-dryer exports soared to $184K in 2022. Overall, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports attained the peak figure at $224K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Centrifugal Clothes-Dryer in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 4.7 | 2.5 | 122 | 409.5% |
| Egypt | 3.7 | N/A | N/A | 25.6 | 90.6% |
| Saudi Arabia | N/A | N/A | N/A | 15.7 | 0% |
| Guatemala | 1.1 | 2.1 | 3.6 | 10.4 | 111.5% |
| Vietnam | 65.1 | 3.1 | 5.5 | 3.3 | -63.0% |
| Philippines | 0.3 | N/A | N/A | 3.0 | 115.4% |
| Oman | 13.0 | 4.5 | 6.8 | N/A | -27.7% |
| United Arab Emirates | 128 | 127 | 85.1 | N/A | -18.5% |
| Others | 13.0 | 11.4 | 4.2 | 3.5 | -35.4% |
| Total | 224 | 153 | 108 | 184 | -6.3% |
Top Export Markets for Centrifugal Clothes-Dryer from South Korea in 2022:
- Indonesia (483.0 units)
- Egypt (162.0 units)
- Saudi Arabia (97.0 units)
- Guatemala (38.0 units)
- Philippines (18.0 units)
- Vietnam (7.0 units)
This report provides an in-depth analysis of the centrifugal clothes-dryer 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 28942300 - Centrifugal clothes-dryers
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.
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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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