Price for Engravings, Prints and Lithographs; Original in South Korea - 2022

Contents:

  1. Price for Engravings, Prints and Lithographs; Original in South Korea (CIF) - 2022
  2. Price for Engravings, Prints and Lithographs; Original in South Korea (FOB) - 2022
  3. Imports of Engravings, Prints and Lithographs; Original in South Korea
  4. Exports of Engravings, Prints and Lithographs; Original in South Korea

Price for Engravings, Prints and Lithographs; Original in South Korea (CIF) - 2022

In 2022, the average import price for engravings, prints and lithographs; originals amounted to $175 per unit, waning by -18.7% against the previous year. In general, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 106%. As a result, import price attained the peak level of $268 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($473 per unit), while the price for the United Arab Emirates ($6.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Engravings, Prints and Lithographs; Original in South Korea (FOB) - 2022

The average export price for engravings, prints and lithographs; originals stood at $132 per unit in 2022, increasing by 9.7% against the previous year. Overall, the export price posted a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 90% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($278 per unit), while the average price for exports to Thailand ($8.7 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 Vietnam (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Engravings, Prints and Lithographs; Original in South Korea

In 2022, supplies from abroad of engravings, prints and lithographs; originals decreased by -17% to 107K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year. Over the period under review, imports attained the peak figure at 129K units in 2021, and then dropped sharply in the following year.

In value terms, engravings, prints and lithographs; original imports contracted significantly to $19M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 186% against the previous year. As a result, imports reached the peak of $28M, and then dropped significantly in the following year.

Import of Engravings, Prints and Lithographs; Original in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.44.811.68.179.5%
United Kingdom0.51.23.72.877.6%
Japan0.21.32.32.5132.1%
France0.10.61.11.2128.9%
NetherlandsN/A0.10.70.7164.6%
Germany0.10.10.80.344.2%
United Arab Emirates0.10.1N/A0.10.0%
China0.10.30.3N/A73.2%
Others2.21.37.43.213.3%
Total4.89.727.818.857.6%

Top Suppliers of Engravings, Prints and Lithographs; Original to South Korea in 2022:

  1. United States (31.7K units)
  2. United Kingdom (20.2K units)
  3. United Arab Emirates (15.2K units)
  4. Japan (5.2K units)
  5. Netherlands (4.4K units)
  6. France (3.7K units)
  7. China (2.1K units)
  8. Germany (1.2K units)

Exports of Engravings, Prints and Lithographs; Original in South Korea

In 2022, exports of engravings, prints and lithographs; originals from South Korea dropped remarkably to 7.2K units, reducing by -21.6% against the previous year. In general, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 6.8% against the previous year. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, engravings, prints and lithographs; original exports declined to $945K in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $1.1M, and then shrank in the following year.

Export of Engravings, Prints and Lithographs; Original in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States96.312974553376.9%
Hong Kong SAR16.620982.062.855.8%
United Kingdom67.916530.137.2-18.2%
Taiwan (Chinese)25.86.024.920.0-8.1%
Japan17.710.05.013.9-7.7%
Australia83.90.360.513.3-45.9%
France8.461.710.110.68.1%
Netherlands81.932.23.59.5-51.2%
Singapore0.70.311.29.0134.3%
Germany44.718.83.38.8-41.8%
Vietnam26.118.510.48.3-31.7%
Austria2.04.26.86.548.1%
Thailand11.49.76.56.3-17.9%
Others36512699.7205-17.5%
Total8497901,0999453.6%

Top Export Markets for Engravings, Prints and Lithographs; Original from South Korea in 2022:

  1. United States (1918.0 units)
  2. Thailand (722.0 units)
  3. Japan (627.0 units)
  4. Taiwan (Chinese) (428.0 units)
  5. Vietnam (291.0 units)
  6. Hong Kong SAR (231.0 units)
  7. Netherlands (217.0 units)
  8. United Kingdom (215.0 units)
  9. Germany (210.0 units)
  10. France (194.0 units)
  11. Austria (177.0 units)
  12. Singapore (134.0 units)
  13. Australia (114.0 units)

Source: IndexBox Market Intelligence Platform

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