Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea - 2022
Contents:
- Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (FOB) - 2022
- Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (CIF) - 2022
- Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea
- Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea
Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (FOB) - 2022
The average export price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $31,275 per unit in 2022, picking up by 24% against the previous year. Overall, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $65,709 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($131,849 per unit), while the average price for exports to Sweden ($26,390 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 the United Arab Emirates (+51.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (CIF) - 2022
The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $39,782 per unit in 2022, rising by 4.3% against the previous year. Overall, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 258%. Over the period under review, average import prices reached the maximum at $97,759 per unit in 2013; however, from 2014 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 ($71,384 per unit), while the price for the UK ($146 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea
Exports of metal-rolling mills; hot or combination hot and cold rolling millses from South Korea surged to 3.8K units in 2022, picking up by 24% on the previous year's figure. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 137% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses surged to $119M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 175%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 11.6 | 12.8 | 34.0 | 70.1 | 82.1% |
| China | N/A | N/A | 7.4 | 15.9 | 114.9% |
| United States | 0.2 | 0.4 | 1.3 | 9.9 | 267.2% |
| Indonesia | N/A | N/A | N/A | 8.2 | 0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 1.2 | 3.5 | 227.1% |
| Vietnam | 0.3 | N/A | 0.1 | 1.9 | 85.0% |
| Bahrain | 0.7 | 0.6 | 1.0 | 1.7 | 34.4% |
| United Arab Emirates | 0.3 | 0.4 | 0.8 | 1.6 | 74.7% |
| Japan | 0.1 | 2.8 | 1.3 | 0.5 | 71.0% |
| Sweden | 2.4 | 9.3 | 27.6 | 0.1 | -65.3% |
| Others | 2.7 | 1.7 | 2.4 | 5.7 | 28.3% |
| Total | 18.3 | 28.1 | 77.2 | 119 | 86.7% |
Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from South Korea in 2022:
- Hungary (2309.0 units)
- China (523.0 units)
- Indonesia (271.0 units)
- United States (188.0 units)
- Taiwan (Chinese) (117.0 units)
- Vietnam (64.0 units)
- Bahrain (59.0 units)
- United Arab Emirates (54.0 units)
- Japan (17.0 units)
- Sweden (3.0 units)
Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea
In 2022, purchases abroad of metal-rolling mills; hot or combination hot and cold rolling millses increased by 27% to 28 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp contraction. Imports peaked at 119 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses skyrocketed to $1.1M in 2022. Over the period under review, imports, however, continue to indicate a precipitous setback. Over the period under review, imports of reached the peak figure at $9.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5,785 | 3,403 | 619 | 660 | -51.5% |
| United States | 58.7 | 53.2 | 70.0 | 214 | 53.9% |
| China | 677 | 3,629 | 43.5 | 188 | -34.8% |
| Japan | 1,832 | 0.7 | 0.1 | 13.6 | -80.5% |
| Vietnam | 4.6 | 5.8 | 2.3 | 9.4 | 26.9% |
| Taiwan (Chinese) | 34.6 | 26.8 | 6.4 | 9.0 | -36.2% |
| Italy | 646 | 182 | 6.4 | 5.5 | -79.6% |
| Canada | 59.0 | 30.7 | 5.3 | 5.4 | -54.9% |
| Hungary | 24.1 | 174 | 80.9 | 4.6 | -42.4% |
| India | 33.4 | 22.3 | 3.9 | 3.9 | -51.1% |
| Thailand | 4.0 | 2.9 | 0.7 | 0.3 | -57.8% |
| Singapore | 2.3 | 1.3 | 0.2 | 0.2 | -55.7% |
| United Kingdom | 1.5 | 0.8 | 0.1 | 0.1 | -59.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9,162 | 7,534 | 839 | 1,114 | -50.5% |
Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to South Korea in 2022:
- Germany (12.0 units)
- United States (3.0 units)
- China (3.0 units)
- Canada (1.0 units)
- Italy (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Singapore (1.0 units)
- India (1.0 units)
- United Kingdom (1.0 units)
- Vietnam (1.0 units)
- Japan (1.0 units)
- Hungary (1.0 units)
- Thailand (1.0 units)
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