Republic of Korea - Gravure Printing Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGravure Printing Machinery Price in South Korea - 2022
Contents:
- Gravure Printing Machinery Price in South Korea (FOB) - 2022
- Gravure Printing Machinery Price in South Korea (CIF) - 2022
- Gravure Printing Machinery Exports in South Korea
- Gravure Printing Machinery Imports in South Korea
Gravure Printing Machinery Price in South Korea (FOB) - 2022
The average gravure printing machinery export price stood at $7,377 per unit in 2022, increasing by 6.4% against the previous year. Overall, the export price enjoyed temperate growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 102%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($14,972 per unit), while the average price for exports to Indonesia ($2,627 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 Russia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Gravure Printing Machinery Price in South Korea (CIF) - 2022
In 2022, the average gravure printing machinery import price amounted to $137,288 per unit, picking up by 210% against the previous year. In general, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($237,018 per unit), while the price for the United States ($988 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Gravure Printing Machinery Exports in South Korea
In 2022, shipments abroad of gravure printing machinery decreased by -59.1% to 1.8K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, the exports attained the peak of 4.5K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, gravure printing machinery exports plummeted to $13M in 2022. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. As a result, the exports attained the peak of $30M, and then reduced rapidly in the following year.
| Export of Gravure Printing Machinery in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 9.3 | 20.4 | 9.6 | 78.1% |
| Bangladesh | N/A | 0.3 | 0.7 | 1.4 | 116.0% |
| Japan | 2.1 | 2.8 | 1.2 | 1.4 | -12.6% |
| Vietnam | 1.7 | 1.4 | 0.1 | 0.2 | -51.0% |
| Indonesia | 1.5 | 0.1 | 0.1 | 0.1 | -59.5% |
| Philippines | 0.7 | 0.4 | 3.0 | N/A | 107.0% |
| Others | 1.6 | 1.0 | 4.2 | 0.3 | -42.8% |
| Total | 9.4 | 15.4 | 29.7 | 12.9 | 11.1% |
Top Export Markets for Gravure Printing Machinery from South Korea in 2022:
- China (639.0 units)
- Japan (512.0 units)
- Bangladesh (467.0 units)
- Vietnam (57.0 units)
- Indonesia (45.0 units)
Gravure Printing Machinery Imports in South Korea
In 2022, overseas purchases of gravure printing machinery decreased by -70.6% to 15 units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 4.5%. As a result, imports attained the peak of 69 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, gravure printing machinery imports fell to $2.1M in 2022. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year. As a result, imports attained the peak of $6.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Gravure Printing Machinery in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,581 | 3,511 | 991 | 1,896 | -9.8% |
| Japan | 95.0 | 117 | 105 | 90.2 | -1.7% |
| Netherlands | 1.7 | 3.5 | 5.5 | 56.9 | 222.3% |
| Philippines | 17.4 | 14.2 | 9.0 | 15.0 | -4.8% |
| United States | 8.4 | 4.1 | 1.6 | 1.0 | -50.8% |
| Germany | 429 | 464 | 392 | N/A | -4.4% |
| Taiwan (Chinese) | 248 | 257 | 207 | N/A | -8.6% |
| Italy | 27.5 | 113 | 363 | N/A | 263.3% |
| Australia | 80.8 | 139 | 187 | N/A | 52.1% |
| Others | 28.0 | 2,109 | 0.4 | N/A | -88.0% |
| Total | 3,516 | 6,732 | 2,262 | 2,059 | -16.3% |
Top Suppliers of Gravure Printing Machinery to South Korea in 2022:
- China (8.0 units)
- Japan (2.0 units)
- Netherlands (1.0 units)
- Philippines (1.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the gravure printing machinery 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 28991450 - Gravure printing machinery
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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