Republic of Korea - Non-Domestic Dish-Washing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Domestic Dishwashing Machine Price in South Korea - 2022
Contents:
- Non-Domestic Dishwashing Machine Price in South Korea (FOB) - 2022
- Non-Domestic Dishwashing Machine Price in South Korea (CIF) - 2022
- Non-Domestic Dishwashing Machine Exports in South Korea
- Non-Domestic Dishwashing Machine Imports in South Korea
Non-Domestic Dishwashing Machine Price in South Korea (FOB) - 2022
The average non-domestic dishwashing machine export price stood at $2,659 per unit in 2022, increasing by 6.2% against the previous year. Overall, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34% against the previous year. The export price peaked at $3,335 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($2,718 per unit) and Japan ($2,681 per unit), while the average price for exports to India ($2,642 per unit) and China ($2,657 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 Mongolia (+35.4%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Domestic Dishwashing Machine Price in South Korea (CIF) - 2022
In 2022, the average non-domestic dishwashing machine import price amounted to $2,056 per unit, waning by -14.4% against the previous year. Overall, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 33%. The import price peaked at $2,813 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Finland ($2,370 per unit) and Greece ($2,059 per unit), while the price for the United States ($2,053 per unit) and Poland ($2,055 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+26.6%), while the prices for the other major suppliers experienced a decline.
Non-Domestic Dishwashing Machine Exports in South Korea
In 2022, exports of non-domestic dish-washing machines from South Korea expanded slightly to 1.2K units, rising by 1.8% against the previous year. Over the period under review, exports, however, saw a significant decline. The growth pace was the most rapid in 2021 with an increase of 2.6% against the previous year. The exports peaked at 2.5K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-domestic dishwashing machine exports rose sharply to $3.2M in 2022. Overall, exports, however, saw a deep setback. Over the period under review, the exports hit record highs at $5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Non-Domestic Dishwashing Machine in South Korea (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 2,282 | 692 | 640 | 1,166 | -20.1% |
Taiwan (Chinese) | 1,092 | 962 | 776 | 582 | -18.9% |
Thailand | 288 | 265 | 175 | 405 | 12.0% |
Indonesia | 159 | 71.2 | 103 | 196 | 7.2% |
Mongolia | N/A | 1.6 | 54.9 | 155 | 884.3% |
China | 548 | 318 | 393 | 138 | -36.9% |
Philippines | 152 | 24.1 | 76.4 | 123 | -6.8% |
United States | 56.9 | 13.0 | 14.5 | 110 | 24.6% |
Malaysia | 97.6 | 27.9 | 52.5 | 85.4 | -4.4% |
India | 73.3 | 303 | 50.7 | 55.5 | -8.9% |
Saudi Arabia | N/A | 39.3 | N/A | 51.6 | 14.6% |
Myanmar | 66.8 | 1.6 | 2.2 | N/A | -81.9% |
Others | 187 | 323 | 574 | 85.5 | -23.0% |
Total | 5,002 | 3,041 | 2,914 | 3,151 | -14.3% |
Top Export Markets for Non-Domestic Dishwashing Machine from South Korea in 2022:
- Vietnam (436.0 units)
- Taiwan (Chinese) (218.0 units)
- Thailand (152.0 units)
- Indonesia (73.0 units)
- Mongolia (58.0 units)
- China (52.0 units)
- Philippines (46.0 units)
- United States (41.0 units)
- Malaysia (32.0 units)
- India (21.0 units)
- Saudi Arabia (19.0 units)
Non-Domestic Dishwashing Machine Imports in South Korea
In 2022, approx. 1.3K units of non-domestic dish-washing machines were imported into South Korea; growing by 78% compared with the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-domestic dishwashing machine imports surged to $2.7M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Domestic Dishwashing Machine in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 314 | 817 | 957 | 973 | 45.8% |
Germany | 957 | 1,142 | 500 | 817 | -5.1% |
United States | 382 | 147 | 61.3 | 320 | -5.7% |
Canada | 46.1 | 181 | 37.5 | 154 | 49.5% |
China | 85.0 | 57.2 | 97.0 | 132 | 15.8% |
Greece | 7.9 | N/A | N/A | 105 | 136.9% |
Poland | N/A | N/A | 35.3 | 63.7 | 80.5% |
Sweden | 58.3 | 163 | 29.6 | 57.5 | -0.5% |
Others | 57.8 | 216 | 77.0 | 111 | 24.3% |
Total | 1,909 | 2,723 | 1,795 | 2,733 | 12.7% |
Top Suppliers of Non-Domestic Dishwashing Machine to South Korea in 2022:
- Italy (473.0 units)
- Germany (397.0 units)
- United States (156.0 units)
- Canada (75.0 units)
- China (64.0 units)
- Greece (51.0 units)
- Poland (31.0 units)
- Sweden (28.0 units)
This report provides an in-depth analysis of the non-domestic 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 28295000 - Non-domestic dish-washing 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.
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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
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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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