Report Update: Apr 1, 2024

Republic of Korea - Household Dishwashing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Household Dishwashing Machine Price in South Korea - 2022

Household Dishwashing Machine Price in South Korea (FOB) - 2022

In 2022, the average household dishwashing machine export price amounted to $282 per unit, picking up by 26% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The export price peaked at $306 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iraq ($282 per unit) and Saudi Arabia ($282 per unit), while the average price for exports to Spain ($282 per unit) and Canada ($282 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 Iraq (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Household Dishwashing Machine Price in South Korea (CIF) - 2022

In 2022, the average household dishwashing machine import price amounted to $274 per unit, picking up by 2.2% against the previous year. Overall, the import price, however, recorded a slight descent. The growth pace was the most rapid in 2020 an increase of 16% against the previous year. The import price peaked at $320 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Czech Republic ($274 per unit) and China ($274 per unit), while the price for Italy ($274 per unit) and Germany ($274 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.2%), while the prices for the other major suppliers experienced a decline.

Household Dishwashing Machine Exports in South Korea

After three years of growth, shipments abroad of household dishwashing machines decreased by -12.6% to 1.6M units in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 95%. As a result, the exports reached the peak of 1.8M units, and then fell in the following year.

In value terms, household dishwashing machine exports expanded notably to $449M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Household Dishwashing Machine in South Korea (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	105	149	251	266	36.3%
Canada	21.6	27.0	48.8	59.9	40.5%
United Arab Emirates	19.4	25.1	31.6	34.2	20.8%
Australia	5.5	10.5	12.9	15.5	41.3%
Iraq	1.4	5.6	6.8	8.7	83.9%
Saudi Arabia	3.0	5.5	7.9	8.4	40.9%
Spain	0.8	1.8	7.9	8.3	118.1%
Others	17.8	21.3	41.4	47.2	38.4%
Total	174	246	408	449	37.2%

Top Export Markets for Household Dishwashing Machine from South Korea in 2022:

United States (943.6K units)
Canada (212.1K units)
United Arab Emirates (121.2K units)
Australia (55.1K units)
Iraq (30.8K units)
Saudi Arabia (29.8K units)
Spain (29.5K units)

Household Dishwashing Machine Imports in South Korea

After three years of growth, overseas purchases of household dishwashing machines decreased by -9.4% to 259K units in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. As a result, imports reached the peak of 285K units, and then shrank in the following year.

In value terms, household dishwashing machine imports shrank to $71M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94%. As a result, imports reached the peak of $77M, and then fell in the following year.

Import of Household Dishwashing Machine in South Korea (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.6	25.6	61.8	60.1	78.3%
Germany	5.2	6.4	7.9	5.8	3.7%
Czech Republic	2.6	0.7	2.9	2.5	-1.3%
Italy	0.3	0.9	2.1	1.3	63.0%
Others	3.8	6.0	2.0	1.3	-30.1%
Total	22.4	39.5	76.7	70.9	46.8%

Top Suppliers of Household Dishwashing Machine to South Korea in 2022:

China (218.9K units)
Germany (21.1K units)
Czech Republic (9.0K units)
Italy (4.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household dishwashing machine 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 27511200 - Household dishwashing machines

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