Republic of Korea - Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea - 2022
Contents:
- Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (FOB) - 2022
- Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (CIF) - 2022
- Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea
- Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea
Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (FOB) - 2022
The average export price for road-sweepers, mobile workshops and other special purpose vehicles stood at $89,312 per unit in December 2022, remaining stable against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 when the average export price increased by less than 0.1% m-o-m. Over the period under review, the average export prices attained the peak figure at $89,596 per unit in December 2021; afterwards, it flattened through to December 2022.
Average prices varied noticeably for the major overseas markets. In December 2022, the countries with the highest prices were Kazakhstan ($89,334 per unit) and the United Arab Emirates ($89,319 per unit), while the average price for exports to India ($89,298 per unit) and Vietnam ($89,299 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (CIF) - 2022
In December 2022, the average import price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $94,488 per unit, remaining relatively unchanged against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 when the average import price increased by 5.5% against the previous month. Over the period under review, average import prices attained the maximum at $94,493 per unit in March 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($94,530 per unit), while the price for China amounted to $94,484 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea
In 2022, exports of road-sweepers, mobile workshops and other special purpose vehicles from South Korea surged to 1.5K units, with an increase of 69% on the previous year's figure. Overall, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles surged to $134M in 2022. In general, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.4 | 0.3 | 0.1 | 39.8 | 205.2% |
| Russia | 5.3 | 4.4 | 14.3 | 22.8 | 62.6% |
| Saudi Arabia | 13.2 | 9.7 | 8.9 | 16.0 | 6.6% |
| Vietnam | 27.3 | 14.5 | 17.5 | 9.6 | -29.4% |
| Kuwait | 0.8 | N/A | 2.0 | 8.8 | 122.4% |
| Japan | 5.3 | 10.6 | 4.8 | 6.6 | 7.6% |
| Egypt | 10.1 | 8.4 | 0.3 | 6.0 | -15.9% |
| Libya | 0.2 | 0.1 | 0.1 | 5.3 | 198.1% |
| Uzbekistan | 3.2 | 3.0 | 13.2 | 2.3 | -10.4% |
| Cambodia | 8.3 | 3.1 | 1.8 | 2.0 | -37.8% |
| Indonesia | 22.8 | 0.2 | 0.1 | 1.2 | -62.5% |
| Philippines | 4.8 | 3.3 | 1.2 | 1.0 | -40.7% |
| Bangladesh | 1.7 | 2.8 | 2.2 | 0.8 | -22.2% |
| Others | 18.3 | 16.2 | 12.1 | 11.6 | -14.1% |
| Total | 123 | 76.5 | 78.8 | 134 | 2.9% |
Top Export Markets for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles from South Korea in 2022:
- United Arab Emirates (447.0 units)
- Russia (256.0 units)
- Saudi Arabia (180.0 units)
- Vietnam (108.0 units)
- Kuwait (99.0 units)
- Japan (74.0 units)
- Libya (60.0 units)
- Egypt (60.0 units)
- Uzbekistan (25.0 units)
- Cambodia (23.0 units)
- Indonesia (14.0 units)
- Philippines (12.0 units)
- Bangladesh (9.0 units)
Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea
In 2022, the amount of road-sweepers, mobile workshops and other special purpose vehicles imported into South Korea plummeted to 184 units, waning by -33.8% on 2021. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 77%. As a result, imports attained the peak of 278 units, and then fell markedly in the following year.
In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles fell significantly to $17M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports reached the peak of $25M, and then reduced markedly in the following year.
| Import of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 3.5 | 9.7 | 7.6 | 22.8% |
| Japan | 2.1 | 1.5 | 2.0 | 2.0 | -1.6% |
| Canada | 1.5 | 2.7 | 0.6 | 1.5 | 0.0% |
| Denmark | 0.2 | 1.0 | 1.0 | 1.5 | 95.7% |
| China | 1.4 | 1.0 | 1.5 | 1.5 | 2.3% |
| Germany | 4.7 | 0.6 | 2.7 | 1.4 | -33.2% |
| Italy | 1.7 | 0.9 | 5.2 | 1.0 | -16.2% |
| Saudi Arabia | N/A | N/A | N/A | 0.9 | 0% |
| Others | 2.2 | 2.3 | 2.2 | 0.1 | -64.3% |
| Total | 17.8 | 13.6 | 24.9 | 17.4 | -0.8% |
Top Suppliers of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles to South Korea in 2022:
- United States (80.0 units)
- Japan (21.0 units)
- Canada (16.0 units)
- China (16.0 units)
- Denmark (15.0 units)
- Germany (15.0 units)
- Saudi Arabia (10.0 units)
- Italy (10.0 units)
This report provides an in-depth analysis of the market for road-sweepers, mobile workshops and other special purpose vehicles 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 29105990 - Other special-purpose motor vehicles n.e.c.
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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