Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $73 per unit, rising by 31% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 72% against the previous year. As a result, import price reached the peak level of $279 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($87 per unit), while the price for Taiwan (Chinese) ($37 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $184 per unit in 2022, growing by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $247 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($194 per unit), while the average price for exports to Bangladesh ($74 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 Canada (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, when their volume decreased by -11.5% to 126K units. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 8.6% against the previous year. As a result, imports attained the peak of 142K units, and then reduced in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $9.2M in 2022. Overall, imports recorded a mild decrease. Imports peaked at $9.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.5 | 2.2 | 2.1 | 2.2 | -14.3% |
| China | 1.4 | 1.5 | 1.8 | 1.8 | 8.7% |
| Taiwan (Chinese) | 0.9 | 0.7 | 0.9 | 1.3 | 13.0% |
| United States | 1.0 | 0.8 | 0.9 | 0.9 | -3.5% |
| Austria | 1.0 | 0.7 | 0.6 | 0.7 | -11.2% |
| Germany | 0.8 | 0.6 | 0.6 | 0.7 | -4.4% |
| Thailand | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Others | 0.8 | 1.0 | 0.9 | 1.1 | 11.2% |
| Total | 9.7 | 7.5 | 7.9 | 9.2 | -1.7% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to South Korea in 2022:
- Taiwan (Chinese) (36.0K units)
- Japan (25.8K units)
- China (20.4K units)
- United States (10.6K units)
- Germany (8.6K units)
- Austria (7.6K units)
- Thailand (4.9K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from South Korea fell notably to 23K units, declining by -33.7% compared with the year before. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 36K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type dropped markedly to $4.2M in 2022. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports attained the peak of $5.7M, and then dropped dramatically in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,274 | 816 | 1,778 | 1,330 | 1.4% |
| United Arab Emirates | 230 | 1,192 | 3.4 | 510 | 30.4% |
| China | 947 | 612 | 732 | 433 | -23.0% |
| Mexico | 470 | 165 | 477 | 281 | -15.8% |
| Saudi Arabia | 201 | 185 | 262 | 216 | 2.4% |
| Turkey | 120 | 164 | 317 | 213 | 21.1% |
| Australia | 145 | 116 | 180 | 116 | -7.2% |
| Iran | 2.4 | 126 | 165 | 110 | 257.9% |
| Vietnam | 144 | 76.2 | 273 | 99.4 | -11.6% |
| India | 723 | 97.0 | 123 | 95.1 | -49.1% |
| Japan | 143 | 170 | 53.8 | 67.3 | -22.2% |
| Bangladesh | 0.2 | 1.7 | 220 | 29.6 | 429.0% |
| Philippines | 130 | 73.1 | 29.8 | 18.0 | -48.3% |
| Others | 1,104 | 1,005 | 1,071 | 668 | -15.4% |
| Total | 5,635 | 4,799 | 5,684 | 4,188 | -9.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from South Korea in 2022:
- United States (7.0K units)
- United Arab Emirates (2.7K units)
- China (2.3K units)
- Mexico (1.5K units)
- Turkey (1.1K units)
- Saudi Arabia (1.1K units)
- Australia (0.6K units)
- Iran (0.6K units)
- India (0.5K units)
- Vietnam (0.5K units)
- Bangladesh (0.4K units)
- Japan (0.4K units)
- Philippines (0.1K units)
456
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in Republic of Korea.
269
This report provides an in-depth analysis of the market for pneumatic tools for working in the hand in Republic of Korea.
429
This report provides an in-depth analysis of the power tool market in Republic of Korea.
305
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor in Republic of Korea.
373
This report provides an in-depth analysis of the non-electric motor handtools market in Republic of Korea.
334
This report provides an in-depth analysis of the market for electropneumatic drills of all kinds for working in the hand in Republic of Korea.
233
This report provides an in-depth analysis of the market for electromechanical hedge trimmers and lawn edge cutters in Republic of Korea.
228
This report provides an in-depth analysis of the electromechanical handsaws market in Republic of Korea.
328
This report provides an in-depth analysis of the market for electromechanical hand tools operated without an external source of power in Republic of Korea.
251
This report provides an in-depth analysis of the market for electromechanical hand drills operated without an external source of power in Republic of Korea.
330
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
981
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
806
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
1529
Global electro-mechanical tool market production (drills of all kinds, saws or other) was estimated
1197
In 2015, the value of total imports on the global electro-mechanical tool market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of electro-mechanical too
1278
From 2007 to 2015, global consumption on the electro-mechanical tool market grew annually by +X%. The highest annual rates of growth with regard to electro-mechanical tools (drills of all kinds, saws or other) consumption from 2007 to 2015, were reco
1352
From 2007 to 2015, global exports of electro-mechanical tools (drills of all kinds, saws or other) increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports reached X million units in 2015, and remained stable a
971
China dominates in the global electro-mechanical tool trade. In 2014, China exported X thousand tons of electro-mechanical tools totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X
119
Explore the top import markets for electromechanical tools for working in the hand, with self-contained electric motors. Discover key statistics and numbers from leading countries.
330
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
