Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea - 2022

Contents:

  1. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (CIF) - 2022
  2. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (FOB) - 2022
  3. Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea
  4. Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (CIF) - 2022

The average import price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers stood at $9,660 per unit in 2022, waning by -67.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 181%. The import price peaked at $55,954 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($93,113 per unit), while the price for the Netherlands ($1,339 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (FOB) - 2022

In 2022, the average export price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers amounted to $19,481 per unit, with an increase of 5.3% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $82,499 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($20,080 per unit), while the average price for exports to Kazakhstan ($1,065 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 Kazakhstan (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea

In 2022, supplies from abroad of trade, exhibition, library, personnel and other specialized trailers and semi-trailers was finally on the rise to reach 490 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers skyrocketed to $4.7M in 2022. In general, imports, however, showed a abrupt contraction. Imports peaked at $5.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,6102,2087612,235-5.0%
Malaysia54.4111145897154.5%
China815814370786-1.2%
IsraelN/AN/AN/A2560%
Sweden1961.12.53.2-74.6%
Austria341434356N/A2.2%
France19626229.8N/A-61.0%
Turkey5151460.6N/A-96.6%
Others1,037689517556-18.8%
Total5,7634,6652,1824,733-6.4%

Top Suppliers of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer to South Korea in 2022:

  1. China (169.0 units)
  2. Malaysia (152.0 units)
  3. United States (24.0 units)
  4. Israel (8.0 units)
  5. Sweden (1.0 units)

Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea

In 2022, shipments abroad of trade, exhibition, library, personnel and other specialized trailers and semi-trailers was finally on the rise to reach 217 units after two years of decline. Over the period under review, exports, however, continue to indicate a significant curtailment. Over the period under review, the exports of reached the peak figure at 599 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers skyrocketed to $4.2M in 2022. In general, exports, however, recorded a sharp decline. The exports peaked at $8.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait13110065.12,252158.1%
United States35934310361619.7%
Myanmar29.623.415.7582169.9%
Philippines82.961.328.633359.0%
Singapore52.624.915.220156.3%
Japan31018818.257.5-43.0%
Kazakhstan0.70.50.69.6139.4%
United Kingdom3724.522.9N/A-75.2%
France35666.910.6N/A-82.7%
Angola3,9191,849738N/A-56.6%
Iraq47158.963.5N/A-63.3%
PakistanN/A1.2N/AN/A0%
Canada632298119N/A-56.6%
Others1,6571,338354176-52.6%
Total8,3724,3571,5544,227-20.4%

Top Export Markets for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer from South Korea in 2022:

  1. Kuwait (116.0 units)
  2. United States (32.0 units)
  3. Myanmar (30.0 units)
  4. Philippines (17.0 units)
  5. Singapore (10.0 units)
  6. Kazakhstan (9.0 units)
  7. Japan (3.0 units)

Source: IndexBox Market Intelligence Platform

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