Report Update: May 1, 2024

Republic of Korea - Chromatographs And Electrophoresis Instruments - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Chromatograph Price in South Korea - 2022

Chromatograph Price in South Korea (CIF) - 2022

In 2022, the average chromatograph import price amounted to $18,967 per unit, waning by -23% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46% against the previous year. The import price peaked at $25,364 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($19,045 per unit) and Mexico ($19,024 per unit), while the price for the UK ($18,949 per unit) and Japan ($18,983 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromatograph Price in South Korea (FOB) - 2022

The average chromatograph export price stood at $12,510 per unit in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($13,201 per unit) and Thailand ($13,153 per unit), while the average price for exports to Singapore ($12,391 per unit) and Sudan ($12,577 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chromatograph Imports in South Korea

In 2022, approx. 10K units of chromatographs and electrophoresis instruments were imported into South Korea; surging by 50% against 2021 figures. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chromatograph imports surged to $195M in 2022. The total import value increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, 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 Chromatograph in South Korea (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	17.1	16.6	21.7	46.4	39.5%
Germany	22.7	31.1	29.0	35.0	15.5%
United States	24.2	23.2	35.7	26.6	3.2%
Singapore	20.0	29.3	24.4	25.0	7.7%
Japan	13.1	11.5	14.9	17.2	9.5%
China	13.6	14.4	17.4	16.6	6.9%
United Kingdom	5.2	2.6	3.7	4.5	-4.7%
Mexico	1.7	1.6	1.6	3.9	31.9%
France	0.9	1.0	5.8	3.8	61.6%
Canada	3.2	1.3	2.2	3.3	1.0%
Netherlands	2.8	3.5	3.4	2.8	0.0%
Others	6.8	10.9	8.3	9.9	13.3%
Total	131	147	168	195	14.2%

Top Suppliers of Chromatograph to South Korea in 2022:

Sweden (2444.0 units)
Germany (1842.0 units)
United States (1399.0 units)
Singapore (1317.0 units)
Japan (907.0 units)
China (873.0 units)
United Kingdom (235.0 units)
Mexico (203.0 units)
France (198.0 units)
Canada (173.0 units)
Netherlands (145.0 units)

Chromatograph Exports in South Korea

In 2022, exports of chromatographs and electrophoresis instruments from South Korea declined significantly to 581 units, with a decrease of -33.3% compared with the previous year. Over the period under review, exports showed a mild curtailment. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 871 units, and then fell markedly in the following year.

In value terms, chromatograph exports contracted rapidly to $7.3M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $9M, and then declined significantly in the following year.

Export of Chromatograph in South Korea (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	N/A	63.3	N/A	1,403	370.8%
China	1,591	1,024	2,919	1,039	-13.2%
United States	508	499	484	735	13.1%
Japan	224	92.0	544	547	34.7%
India	512	604	643	547	2.2%
Germany	732	471	198	492	-12.4%
Singapore	215	33.2	65.0	260	6.5%
Uzbekistan	61.3	N/A	330	202	48.8%
Costa Rica	0.3	27.8	N/A	180	743.4%
Thailand	89.6	169	49.6	158	20.8%
Vietnam	259	607	682	155	-15.7%
Chile	39.6	140	173	145	54.1%
Sudan	6.0	N/A	N/A	126	175.9%
Others	2,294	2,468	2,900	1,280	-17.7%
Total	6,532	6,197	8,987	7,269	3.6%

Top Export Markets for Chromatograph from South Korea in 2022:

Poland (111.0 units)
China (82.0 units)
United States (58.0 units)
Japan (43.0 units)
India (43.0 units)
Germany (39.0 units)
Singapore (21.0 units)
Uzbekistan (16.0 units)
Costa Rica (14.0 units)
Vietnam (12.0 units)
Thailand (12.0 units)
Chile (11.0 units)
Sudan (10.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chromatograph 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 26515320 - Chromatographs and electrophoresis instruments

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023