Republic of Korea - Endless Bands For Machinery, Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEndless Machinery Band Price in South Korea - 2022
Contents:
- Endless Machinery Band Price in South Korea (CIF) - 2022
- Endless Machinery Band Price in South Korea (FOB) - 2022
- Endless Machinery Band Imports in South Korea
- Endless Machinery Band Exports in South Korea
Endless Machinery Band Price in South Korea (CIF) - 2022
The average endless machinery band import price stood at $58 per square meter in 2022, reducing by -27.4% against the previous year. Overall, the import price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of 109%. Over the period under review, average import prices reached the maximum at $81 per square meter in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($125 per square meter), while the price for India ($5.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Endless Machinery Band Price in South Korea (FOB) - 2022
In 2022, the average endless machinery band export price amounted to $8 per square meter, increasing by 10% against the previous year. Overall, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2018 an increase of 49%. Over the period under review, the average export prices attained the peak figure at $11 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($15 per square meter), while the average price for exports to the United Arab Emirates ($3.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.
Endless Machinery Band Imports in South Korea
In 2022, approx. 20K square meters of endless bands for machinery, of stainless steel were imported into South Korea; jumping by 38% compared with the previous year. Overall, imports, however, showed a slight contraction. Over the period under review, imports hit record highs at 26K square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, endless machinery band imports totaled $1.2M in 2022. In general, imports, however, saw a abrupt decline. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Endless Machinery Band in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,234 | 939 | 946 | 969 | -7.7% |
| Slovakia | 127 | 131 | 86.8 | 107 | -5.6% |
| China | 0.4 | 9.4 | 41.2 | 39.0 | 360.3% |
| Japan | 0.8 | 50.0 | 40.0 | 37.8 | 261.5% |
| India | 20.3 | 51.1 | 13.2 | 26.3 | 9.0% |
| United States | 22.0 | 2.0 | 7.1 | 9.7 | -23.9% |
| France | 36.9 | N/A | N/A | N/A | 0% |
| Others | 27.4 | 12.6 | 49.3 | N/A | 34.1% |
| Total | 1,469 | 1,195 | 1,183 | 1,189 | -6.8% |
Top Suppliers of Endless Machinery Band to South Korea in 2022:
- Germany (7.7K square meters)
- India (5.0K square meters)
- China (2.9K square meters)
- Slovakia (2.3K square meters)
- United States (1.8K square meters)
- Japan (0.6K square meters)
Endless Machinery Band Exports in South Korea
Endless machinery band exports from South Korea skyrocketed to 35K square meters in 2022, with an increase of 67% against the year before. In general, exports, however, continue to indicate a perceptible decrease. Over the period under review, the exports hit record highs at 48K square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, endless machinery band exports surged to $276K in 2022. Over the period under review, exports, however, showed a abrupt decline. The exports peaked at $402K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Endless Machinery Band in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 115 | 130 | 0.1 | 88.0 | -8.5% |
| Vietnam | 53.7 | 94.8 | 63.5 | 84.6 | 16.4% |
| United States | 57.6 | 24.9 | 28.3 | 48.4 | -5.6% |
| United Arab Emirates | 26.8 | 51.8 | 1.7 | 25.5 | -1.6% |
| Thailand | 20.3 | 48.7 | 10.0 | 25.0 | 7.2% |
| Indonesia | N/A | 21.3 | 0.7 | N/A | -96.7% |
| Bahrain | N/A | 22.6 | N/A | N/A | 0% |
| Others | 80.1 | 7.7 | 45.9 | 4.7 | -61.1% |
| Total | 354 | 402 | 150 | 276 | -8.0% |
Top Export Markets for Endless Machinery Band from South Korea in 2022:
- Vietnam (14.0K square meters)
- United Arab Emirates (7.9K square meters)
- China (7.2K square meters)
- United States (3.5K square meters)
- Thailand (1.6K square meters)
This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel
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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