Republic of Korea - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Ship Derrick Buckets and Shovels in South Korea - 2022
Contents:
- Price for Ship Derrick Buckets and Shovels in South Korea (FOB) - 2022
- Price for Ship Derrick Buckets and Shovels in South Korea (CIF) - 2022
- Exports of Ship Derrick Buckets and Shovels in South Korea
- Imports of Ship Derrick Buckets and Shovels in South Korea
Price for Ship Derrick Buckets and Shovels in South Korea (FOB) - 2022
The average export price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $364 per unit in 2022, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($639 per unit), while the average price for exports to Mongolia ($234 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 Saudi Arabia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ship Derrick Buckets and Shovels in South Korea (CIF) - 2022
The average import price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $148 per unit in 2022, rising by 16% against the previous year. Over the period under review, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 37%. The import price peaked at $194 per unit in 2012; however, from 2013 to 2022, 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 ($548 per unit), while the price for Cambodia ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ship Derrick Buckets and Shovels in South Korea
Ship derrick buckets and shovels exports from South Korea dropped dramatically to 319K units in 2022, with a decrease of -15.2% against 2021 figures. In general, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 376K units, and then shrank dramatically in the following year.
In value terms, ship derrick buckets and shovels exports contracted to $116M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 10%. As a result, the exports attained the peak of $121M, and then contracted modestly in the following year.
| Export of Ship Derrick Buckets and Shovels in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 9.2 | 21.5 | 32.1 | 37.9 | 60.3% |
| United States | 6.5 | 3.5 | 4.6 | 11.2 | 19.9% |
| Japan | 24.8 | 21.9 | 22.9 | 6.5 | -36.0% |
| Saudi Arabia | 1.1 | 1.1 | 4.7 | 5.0 | 65.7% |
| Russia | 5.7 | 4.5 | 4.4 | 5.0 | -4.3% |
| Algeria | 1.1 | 1.6 | 3.1 | 3.3 | 44.2% |
| Egypt | 2.4 | 1.1 | 2.5 | 2.9 | 6.5% |
| China | 12.3 | 9.2 | 5.1 | 2.9 | -38.2% |
| Australia | 0.9 | 1.6 | 1.8 | 2.3 | 36.7% |
| Mongolia | 1.7 | 1.3 | 2.2 | 2.3 | 10.6% |
| Vietnam | 2.0 | 1.3 | 1.6 | 1.6 | -7.2% |
| Hong Kong SAR | 9.4 | 5.9 | 1.9 | 0.2 | -72.3% |
| Others | 40.2 | 35.7 | 34.5 | 34.7 | -4.8% |
| Total | 117 | 110 | 121 | 116 | -0.3% |
Top Export Markets for Ship Derrick Buckets and Shovels from South Korea in 2022:
- Turkey (130.5K units)
- United States (33.4K units)
- Japan (23.7K units)
- Mongolia (10.0K units)
- Russia (9.1K units)
- Saudi Arabia (8.9K units)
- Egypt (8.4K units)
- Australia (6.9K units)
- Vietnam (5.8K units)
- Algeria (5.7K units)
- China (4.5K units)
- Hong Kong SAR (0.7K units)
Imports of Ship Derrick Buckets and Shovels in South Korea
After three years of growth, purchases abroad of buckets, shovels, grabs and grips for ships derricks and cranes decreased by -29.8% to 182K units in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of 260K units, and then contracted dramatically in the following year.
In value terms, ship derrick buckets and shovels imports declined remarkably to $27M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +30.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports attained the peak of $33M, and then contracted remarkably in the following year.
| Import of Ship Derrick Buckets and Shovels in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 9.5 | 22.8 | 9.4 | -3.6% |
| Hong Kong SAR | 0.1 | 0.1 | 1.9 | 6.2 | 295.8% |
| Singapore | 0.2 | 0.6 | 1.1 | 1.9 | 111.8% |
| United States | 0.7 | 5.3 | 0.9 | 1.8 | 37.0% |
| Germany | 1.6 | 1.2 | 0.7 | 1.2 | -9.1% |
| Netherlands | 0.1 | 0.4 | 0.5 | 0.9 | 108.0% |
| Cambodia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Japan | 3.6 | 1.5 | 1.8 | 0.1 | -69.7% |
| Others | 3.7 | 2.1 | 3.1 | 5.1 | 11.3% |
| Total | 20.6 | 20.9 | 33.0 | 26.9 | 9.3% |
Top Suppliers of Ship Derrick Buckets and Shovels to South Korea in 2022:
- China (109.3K units)
- Hong Kong SAR (30.3K units)
- Cambodia (9.1K units)
- United States (7.2K units)
- Singapore (4.3K units)
- Netherlands (3.4K units)
- Germany (3.2K units)
- Japan (0.2K units)
This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
386
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Republic of Korea.
277
This report provides an in-depth analysis of the construction equipment blade market in Republic of Korea.
365
This report provides an in-depth analysis of the colloidal precious metals market in Republic of Korea.
466
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
481
This report provides an in-depth analysis of the global construction equipment blade market.
503
This report provides an in-depth analysis of the global colloidal precious metals market.
386
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Republic of Korea.
277
This report provides an in-depth analysis of the construction equipment blade market in Republic of Korea.
466
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
481
This report provides an in-depth analysis of the global construction equipment blade market.
287
Explore the top import markets for colloidal precious metals across the world, including India, Mexico, Germany, and more. Learn about the import values, key statistics, and market trends. Dive into the market intelligence provided by IndexBox for informed decision-making.
1885
In value terms, colloidal precious metals imports stood at $X in 2016. In general, colloidal precious metals imports continue to indicate a pronounced decrease. Over the period under review, global...
1429
In value terms, colloidal precious metals exports amounted to $X in 2016. In general, colloidal precious metals exports continue to indicate a significant slump. Global colloidal precious metals ex...
