Republic of Korea - Electronic Machines And Appliances For Testing Materials - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectronic Material Tester Price in South Korea - 2022
Contents:
- Electronic Material Tester Price in South Korea (CIF) - 2022
- Electronic Material Tester Price in South Korea (FOB) - 2022
- Electronic Material Tester Imports in South Korea
- Electronic Material Tester Exports in South Korea
Electronic Material Tester Price in South Korea (CIF) - 2022
In December 2022, the average electronic material tester import price amounted to $1,031 per unit, reducing by -14.6% against the previous month. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in March 2022 an increase of 160% m-o-m. Over the period under review, average import prices reached the peak figure at $3,462 per unit in December 2021; afterwards, it flattened through to December 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,519 per unit), while the price for China ($302 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 Italy (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Electronic Material Tester Price in South Korea (FOB) - 2022
In 2022, the average electronic material tester export price amounted to $1,357 per unit, waning by -13.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 24%. The export price peaked at $1,564 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($2,595 per unit), while the average price for exports to Indonesia ($468 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 Slovenia (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Electronic Material Tester Imports in South Korea
In 2022, the amount of electronic machines and appliances for testing materials imported into South Korea fell to 21K units, with a decrease of -11.9% compared with 2021. In general, imports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of 24K units, and then contracted in the following year.
In value terms, electronic material tester imports fell to $65M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $75M, and then dropped in the following year.
| Import of Electronic Material Tester in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.2 | 21.3 | 33.0 | 26.8 | -0.5% |
| Japan | 10.0 | 5.1 | 11.7 | 9.5 | -1.7% |
| Germany | 8.2 | 4.9 | 7.5 | 6.1 | -9.4% |
| United Kingdom | 5.3 | 4.5 | 5.0 | 4.3 | -6.7% |
| China | 6.8 | 2.9 | 4.3 | 3.9 | -16.9% |
| Singapore | N/A | 7.4 | N/A | 2.6 | -40.7% |
| Italy | 1.8 | 3.2 | 2.6 | 2.3 | 8.5% |
| Others | 7.0 | 6.1 | 10.8 | 9.7 | 11.5% |
| Total | 66.3 | 55.4 | 74.8 | 65.1 | -0.6% |
Top Suppliers of Electronic Material Tester to South Korea in 2022:
- United States (6.1K units)
- Japan (4.9K units)
- China (4.7K units)
- Singapore (1.6K units)
- United Kingdom (1.2K units)
- Germany (0.9K units)
- Italy (0.7K units)
Electronic Material Tester Exports in South Korea
In 2022, the amount of electronic machines and appliances for testing materials exported from South Korea reduced to 6.1K units, therefore, remained relatively stable against the previous year. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The exports peaked at 7.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electronic material tester exports contracted to $8.3M in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Over the period under review, the exports attained the maximum at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electronic Material Tester in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,198 | 1,684 | 2,740 | 2,198 | -11.7% |
| Japan | 2,302 | 834 | 1,934 | 1,552 | -12.3% |
| Vietnam | 1,352 | 1,652 | 1,843 | 1,479 | 3.0% |
| Indonesia | 252 | 28.7 | 1,102 | 884 | 51.9% |
| India | 842 | 541 | 89.4 | 374 | -23.7% |
| United States | 588 | 211 | 182 | 250 | -24.8% |
| Slovenia | 52.1 | 297 | 291 | 234 | 65.0% |
| Mexico | 440 | 297 | 108 | 215 | -21.2% |
| Thailand | 256 | 73.8 | 101 | 110 | -24.5% |
| Czech Republic | 215 | N/A | 0.1 | N/A | -97.8% |
| Others | 1,662 | 1,269 | 1,240 | 964 | -16.6% |
| Total | 11,161 | 6,887 | 9,632 | 8,259 | -9.6% |
Top Export Markets for Electronic Material Tester from South Korea in 2022:
- Indonesia (1891.0 units)
- China (1230.0 units)
- Vietnam (980.0 units)
- Japan (598.0 units)
- Mexico (241.0 units)
- India (234.0 units)
- United States (202.0 units)
- Slovenia (122.0 units)
- Thailand (84.0 units)
This report provides an in-depth analysis of the electronic material tester 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 26516255 - Electronic machines and appliances for testing the properties of materials (excluding for metals)
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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