Republic of Korea - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFiles and Rasps Price in South Korea - 2022
Contents:
- Files and Rasps Price in South Korea (CIF) - 2022
- Files and Rasps Price in South Korea (FOB) - 2022
- Files and Rasps Imports in South Korea
- Files and Rasps Exports in South Korea
Files and Rasps Price in South Korea (CIF) - 2022
The average files and rasps import price stood at $1.6 per unit in 2022, reducing by -10.9% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps import price increased by +39.6% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 69%. The import price peaked at $1.8 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($5.6 per unit), while the price for India ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Files and Rasps Price in South Korea (FOB) - 2022
The average files and rasps export price stood at $3.1 per unit in December 2022, with a decrease of -64% against the previous month. Overall, the export price, however, saw a modest expansion. The pace of growth was the most pronounced in March 2022 an increase of 157% month-to-month. Over the period under review, the average export prices hit record highs at $8.7 per unit in November 2022, and then dropped notably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($7.0 per unit), while the average price for exports to Vietnam ($595 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Files and Rasps Imports in South Korea
In 2022, approx. 1.2M units of files, rasps and similar tools were imported into South Korea; increasing by 6.9% on the year before. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports reached the peak of 1.3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, files and rasps imports reduced to $2M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. Over the period under review, imports attained the peak figure at $2.1M in 2021, and then contracted modestly in the following year.
| Import of Files and Rasps in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 314 | 344 | 372 | 665 | 28.4% |
| Taiwan (Chinese) | 229 | 287 | 409 | 317 | 11.4% |
| India | 56.8 | 178 | 84.6 | 121 | 28.7% |
| Germany | 273 | 199 | 316 | 121 | -23.8% |
| Switzerland | 111 | 275 | 188 | 101 | -3.1% |
| Portugal | 56.4 | 50.9 | 69.2 | 56.5 | 0.1% |
| Netherlands | 4.5 | 2.7 | 59.1 | 53.3 | 127.9% |
| Japan | 106 | 98.3 | 117 | 30.4 | -34.1% |
| Others | 469 | 427 | 443 | 495 | 1.8% |
| Total | 1,620 | 1,861 | 2,058 | 1,959 | 6.5% |
Top Suppliers of Files and Rasps to South Korea in 2022:
- China (654.5K units)
- India (148.4K units)
- Taiwan (Chinese) (68.1K units)
- Germany (48.3K units)
- Portugal (25.6K units)
- Netherlands (21.5K units)
- Switzerland (18.1K units)
- Japan (11.5K units)
Files and Rasps Exports in South Korea
In 2022, after two years of decline, there was significant growth in shipments abroad of files, rasps and similar tools, when their volume increased by 15% to 619K units. Overall, exports, however, continue to indicate a deep reduction. Over the period under review, the exports hit record highs at 777K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, files and rasps exports reached $1.5M in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports attained the maximum at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Files and Rasps in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 716 | 769 | 468 | 552 | -8.3% |
| Germany | 108 | 112 | 56.7 | 133 | 7.2% |
| Netherlands | 295 | 155 | 151 | 108 | -28.5% |
| United States | 17.0 | 4.0 | 7.0 | 77.2 | 65.6% |
| Hong Kong SAR | 111 | 61.7 | 0.4 | 54.7 | -21.0% |
| China | 7.7 | 17.8 | 5.5 | 51.6 | 88.5% |
| Philippines | 1.9 | 0.6 | 2.1 | 21.3 | 123.8% |
| Vietnam | 11.7 | 26.3 | 18.3 | 20.0 | 19.6% |
| Portugal | 3.7 | 4.9 | 4.8 | 6.3 | 19.4% |
| Greece | 0.2 | 0.4 | 0.6 | 3.3 | 154.6% |
| Papua New Guinea | 1.6 | 3.6 | 3.0 | 3.3 | 27.3% |
| French Polynesia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 721 | 479 | 629 | 459 | -14.0% |
| Total | 1,996 | 1,634 | 1,347 | 1,490 | -9.3% |
Top Export Markets for Files and Rasps from South Korea in 2022:
- Japan (69.0K units)
- Germany (67.5K units)
- Netherlands (65.1K units)
- China (47.0K units)
- United States (41.8K units)
- Hong Kong SAR (28.8K units)
- Portugal (28.3K units)
- Vietnam (19.7K units)
- Papua New Guinea (14.1K units)
- Philippines (11.5K units)
- Greece (9.2K units)
- French Polynesia (9.2K units)
This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
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
-
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
-
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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