Republic of Korea - Mechanical Appliances For Projecting, Dispersing Or Spraying - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea - 2022
Contents:
- Price for Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (FOB) - 2022
- Price for Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (CIF) - 2022
- Exports of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea
- Imports of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea
Price for Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (FOB) - 2022
The average export price for mechanical appliances for projecting, dispersing or spraying stood at $39 per unit in 2022, surging by 8% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 115%. As a result, the export price attained the peak level of $199 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($355 per unit), while the average price for exports to Malaysia ($3.3 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 Mexico (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (CIF) - 2022
In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $5.8 per unit, shrinking by -12.8% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by 48%. The import price peaked at $48 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($34 per unit), while the price for Slovakia ($5.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (-4.1%), while the prices for the other major suppliers experienced a decline.
Exports of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea
In 2022, approx. 6.9M units of mechanical appliances for projecting, dispersing or spraying were exported from South Korea; with an increase of 19% against the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 142% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of mechanical appliances for projecting, dispersing or spraying skyrocketed to $271M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 77.7 | 87.9 | 71.6 | 82.0 | 1.8% |
| China | 58.2 | 40.1 | 30.0 | 64.2 | 3.3% |
| Japan | 42.3 | 44.4 | 34.0 | 30.1 | -10.7% |
| Vietnam | 8.5 | 8.7 | 7.1 | 13.0 | 15.2% |
| Switzerland | 1.3 | 1.0 | 2.7 | 8.5 | 87.0% |
| Canada | 3.9 | 8.4 | 6.0 | 6.7 | 19.8% |
| Spain | 4.9 | 2.4 | 5.4 | 5.7 | 5.2% |
| Taiwan (Chinese) | 3.8 | 4.2 | 3.8 | 4.9 | 8.8% |
| Malaysia | 2.0 | 1.0 | 2.2 | 1.4 | -11.2% |
| Hong Kong SAR | 0.4 | 0.7 | 0.6 | 0.8 | 26.0% |
| Others | 60.3 | 63.7 | 46.7 | 53.4 | -4.0% |
| Total | 263 | 263 | 210 | 271 | 1.0% |
Top Export Markets for Mechanical Appliances for Projecting, Dispersing or Spraying from South Korea in 2022:
- United States (2211.4K units)
- Canada (885.7K units)
- Switzerland (866.7K units)
- Japan (811.0K units)
- Malaysia (428.9K units)
- Vietnam (351.4K units)
- Hong Kong SAR (188.4K units)
- China (180.7K units)
- Spain (152.7K units)
- Taiwan (Chinese) (131.6K units)
Imports of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea
In 2022, the amount of mechanical appliances for projecting, dispersing or spraying imported into South Korea expanded notably to 20M units, increasing by 14% against 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of mechanical appliances for projecting, dispersing or spraying shrank to $115M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Imports peaked at $116M in 2021, and then contracted slightly in the following year.
| Import of Mechanical Appliances for Projecting, Dispersing or Spraying in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.6 | 35.1 | 46.1 | 41.9 | 24.7% |
| Germany | 5.9 | 20.7 | 9.5 | 15.4 | 37.7% |
| Czech Republic | 0.6 | 15.9 | 13.5 | 12.6 | 175.9% |
| Vietnam | 4.8 | 3.8 | 8.7 | 8.7 | 21.9% |
| United States | 7.2 | 7.1 | 7.6 | 7.6 | 1.8% |
| Italy | 2.2 | 0.6 | 2.4 | 6.2 | 41.3% |
| Slovakia | 3.9 | 6.1 | 9.8 | 4.5 | 4.9% |
| Japan | 4.9 | 5.0 | 4.4 | 4.3 | -4.3% |
| Taiwan (Chinese) | 4.4 | 11.4 | 5.5 | 3.6 | -6.5% |
| France | 2.0 | 2.2 | 2.1 | 2.5 | 7.7% |
| Sweden | 2.0 | 1.2 | 1.1 | 2.2 | 3.2% |
| Singapore | 4.4 | N/A | 0.1 | 0.7 | -45.8% |
| Others | 7.5 | 5.3 | 4.6 | 4.8 | -13.8% |
| Total | 71.5 | 114 | 116 | 115 | 17.2% |
Top Suppliers of Mechanical Appliances for Projecting, Dispersing or Spraying to South Korea in 2022:
- China (8.0M units)
- Germany (2.9M units)
- Czech Republic (2.4M units)
- Vietnam (1.6M units)
- Italy (1.2M units)
- Japan (0.8M units)
- Slovakia (0.8M units)
- Taiwan (Chinese) (0.7M units)
- France (0.5M units)
- Sweden (0.4M units)
- Singapore (0.2M units)
- United States (0.2M units)
This report provides an in-depth analysis of the market for mechanical appliances for projecting, dispersing or spraying 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 28292240 - Other mechanical appliances for projecting, dispersing or spraying
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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