Price for Surveying Equipment; Theodolites and Tacheometers in South Korea - 2022

Contents:

  1. Price for Surveying Equipment; Theodolites and Tacheometers in South Korea (CIF) - 2022
  2. Price for Surveying Equipment; Theodolites and Tacheometers in South Korea (FOB) - 2022
  3. Imports of Surveying Equipment; Theodolites and Tacheometers in South Korea
  4. Exports of Surveying Equipment; Theodolites and Tacheometers in South Korea

Price for Surveying Equipment; Theodolites and Tacheometers in South Korea (CIF) - 2022

The average import price for surveying equipment; theodolites and tacheometerses stood at $13,832 per unit in 2022, rising by 302% against the previous year. In general, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +4.9% per year.

Price for Surveying Equipment; Theodolites and Tacheometers in South Korea (FOB) - 2022

In 2022, the average export price for surveying equipment; theodolites and tacheometerses amounted to $10,946 per unit, jumping by 182% against the previous year. In general, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to +6.0% per year.

Imports of Surveying Equipment; Theodolites and Tacheometers in South Korea

In 2022, purchases abroad of surveying equipment; theodolites and tacheometerses decreased by -76.3% to 601 units, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of 2.9K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, surveying equipment; theodolites and tacheometers imports contracted slightly to $8.3M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of $8.7M, and then contracted slightly in the following year.

Import of Surveying Equipment; Theodolites and Tacheometers in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3.13.53.58.338.9%
Japan3.33.23.3N/A0.0%
China0.30.50.3N/A0.0%
United States0.70.40.7N/A0.0%
Others0.10.30.8N/A182.8%
Total7.47.98.78.33.9%

Top Suppliers of Surveying Equipment; Theodolites and Tacheometers to South Korea in 2022:

  1. Switzerland (601.0 units)

Exports of Surveying Equipment; Theodolites and Tacheometers in South Korea

In 2022, approx. 23 units of surveying equipment; theodolites and tacheometerses were exported from South Korea; shrinking by -70.9% on the previous year. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year. As a result, the exports reached the peak of 79 units, and then contracted notably in the following year.

In value terms, surveying equipment; theodolites and tacheometers exports contracted sharply to $254K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of $306K, and then dropped dramatically in the following year.

Export of Surveying Equipment; Theodolites and Tacheometers in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland65.012217.925457.5%
Thailand3.83.44.5N/A8.8%
Vietnam31.050.92.3N/A-72.8%
CambodiaN/AN/A119N/A0%
Philippines1.90.1N/AN/A-94.7%
KenyaN/A3.9N/AN/A0%
Samoa0.6N/AN/AN/A0%
Saudi ArabiaN/A20.4N/AN/A0%
Others43.50.2162N/A93.0%
Total14620130625420.3%

Top Export Markets for Surveying Equipment; Theodolites and Tacheometers from South Korea in 2022:

  1. Switzerland (23.0 units)

Source: IndexBox Market Intelligence Platform

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