Republic of Korea - Self-Propelled Trucks Fitted With Lifting Or Handling Equipment, Non-Powered By An Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Self-Propelled Non-Electric Fork-Lift Truck in South Korea - 2022
Contents:
- Price for Self-Propelled Non-Electric Fork-Lift Truck in South Korea (FOB) - 2022
- Price for Self-Propelled Non-Electric Fork-Lift Truck in South Korea (CIF) - 2022
- Exports of Self-Propelled Non-Electric Fork-Lift Truck in South Korea
- Imports of Self-Propelled Non-Electric Fork-Lift Truck in South Korea
Price for Self-Propelled Non-Electric Fork-Lift Truck in South Korea (FOB) - 2022
The average self-propelled non-electric fork-lift truck export price stood at $40,600 per unit in 2022, rising by 21% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 79%. Over the period under review, the average export prices hit record highs at $48,659 per unit in 2019; however, from 2020 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 Turkey ($40,655 per unit) and New Zealand ($40,631 per unit), while the average price for exports to Canada ($40,592 per unit) and Belgium ($40,600 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 Turkey (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Self-Propelled Non-Electric Fork-Lift Truck in South Korea (CIF) - 2022
In 2022, the average self-propelled non-electric fork-lift truck import price amounted to $33,378 per unit, surging by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($33,652 per unit) and Sweden ($33,575 per unit), while the price for Taiwan (Chinese) ($32,792 per unit) and France ($33,216 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Self-Propelled Non-Electric Fork-Lift Truck in South Korea
In 2022, exports of self-propelled fork-lift trucks with non-electric motor from South Korea soared to 19K units, increasing by 20% compared with 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 69%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, self-propelled non-electric fork-lift truck exports surged to $763M in 2022. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Self-Propelled Non-Electric Fork-Lift Truck in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 294 | 209 | 342 | 566 | 24.4% |
| Turkey | 1.4 | 9.1 | 14.0 | 21.3 | 147.8% |
| Belgium | 38.2 | 21.7 | 26.1 | 20.9 | -18.2% |
| Australia | 14.6 | 10.0 | 15.6 | 18.5 | 8.2% |
| Canada | 14.9 | 7.1 | 8.3 | 13.5 | -3.2% |
| South Africa | 9.8 | 4.1 | 6.9 | 12.7 | 9.0% |
| New Zealand | 12.5 | 6.3 | 7.8 | 12.0 | -1.4% |
| United Kingdom | 20.5 | 10.0 | 16.0 | 9.8 | -21.8% |
| Germany | 14.1 | 8.1 | 8.3 | 9.2 | -13.3% |
| Others | 94.8 | 67.2 | 82.8 | 78.5 | -6.1% |
| Total | 515 | 352 | 527 | 763 | 14.0% |
Top Export Markets for Self-Propelled Non-Electric Fork-Lift Truck from South Korea in 2022:
- United States (13.9K units)
- Turkey (0.5K units)
- Australia (0.5K units)
- Belgium (0.5K units)
- Canada (0.3K units)
- South Africa (0.3K units)
- New Zealand (0.3K units)
- United Kingdom (0.2K units)
- Germany (0.2K units)
Imports of Self-Propelled Non-Electric Fork-Lift Truck in South Korea
For the fourth year in a row, South Korea recorded growth in supplies from abroad of self-propelled fork-lift trucks with non-electric motor, which increased by 60% to 2K units in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, self-propelled non-electric fork-lift truck imports surged to $66M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Self-Propelled Non-Electric Fork-Lift Truck in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 18.0 | 20.2 | 26.3 | 27.1 | 14.6% |
| Vietnam | N/A | N/A | 4.2 | 12.7 | 202.4% |
| China | 2.2 | 3.9 | 3.0 | 11.1 | 71.5% |
| Canada | 0.7 | 0.3 | 1.2 | 5.6 | 100.0% |
| Germany | 0.3 | 0.7 | 0.2 | 2.4 | 100.0% |
| Italy | 4.2 | 2.6 | 1.4 | 1.7 | -26.0% |
| France | 1.2 | 0.5 | 0.3 | 1.6 | 10.1% |
| Sweden | 1.6 | 1.7 | 2.1 | 1.1 | -11.7% |
| Others | 5.3 | 3.2 | 1.3 | 2.8 | -19.2% |
| Total | 33.5 | 33.0 | 40.0 | 66.0 | 25.4% |
Top Suppliers of Self-Propelled Non-Electric Fork-Lift Truck to South Korea in 2022:
- Japan (811.0 units)
- Vietnam (379.0 units)
- China (331.0 units)
- Canada (167.0 units)
- Germany (70.0 units)
- Italy (52.0 units)
- France (49.0 units)
- Sweden (32.0 units)
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck 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 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
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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