Price for Tugs and Pusher Craft in South Korea - 2022
Contents:
- Price for Tugs and Pusher Craft in South Korea (CIF) - 2022
- Price for Tugs and Pusher Craft in South Korea (FOB) - 2022
- Imports of Tugs and Pusher Craft in South Korea
- Exports of Tugs and Pusher Craft in South Korea
Price for Tugs and Pusher Craft in South Korea (CIF) - 2022
In 2022, the average tugs and pusher craft import price amounted to $2,750,736 per unit, dropping by -15.6% against the previous year. Overall, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 669%. As a result, import price reached the peak level of $3,258,154 per unit, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($13,796,697 per unit), while the price for the UK ($833 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.8%), while the prices for the other major suppliers experienced a decline.
Price for Tugs and Pusher Craft in South Korea (FOB) - 2022
In 2022, the average tugs and pusher craft export price amounted to $199,644 per unit, shrinking by -3.5% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 310%. As a result, the export price attained the peak level of $3,072,960 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($606,866 per unit), while the average price for exports to Thailand ($33,251 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 Japan (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tugs and Pusher Craft in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of tugs and pusher crafts, when their volume decreased by -33.3% to 6 units. Over the period under review, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of 9 units, and then reduced sharply in the following year.
In value terms, tugs and pusher craft imports dropped notably to $16M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,860%. As a result, imports attained the peak of $30M, and then fell markedly in the following year.
| Import of Tugs and Pusher Craft in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.6 | 1.3 | 18.7 | 9.8 | 39.6% |
| Singapore | 0.1 | N/A | 8.5 | 4.4 | 253.0% |
| Panama | 0.3 | 0.1 | 1.5 | 0.8 | 38.7% |
| China | 0.1 | 0.1 | 1.1 | 0.6 | 81.7% |
| Japan | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Philippines | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 1.5 | 30.3 | 15.9 | 54.6% |
Top Suppliers of Tugs and Pusher Craft to South Korea in 2022:
- Singapore (1.0 units)
- Panama (1.0 units)
- Russia (1.0 units)
- United Kingdom (1.0 units)
- Japan (1.0 units)
- Philippines (1.0 units)
Exports of Tugs and Pusher Craft in South Korea
After three years of growth, shipments abroad of tugs and pusher crafts decreased by -17.6% to 42 units in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 475% against the previous year. The exports peaked at 51 units in 2021, and then fell remarkably in the following year.
In value terms, tugs and pusher craft exports declined sharply to $8.5M in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 553% against the previous year. The exports peaked at $11M in 2021, and then shrank dramatically in the following year.
| Export of Tugs and Pusher Craft in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 103 | 1,667 | 4,117 | 3,139 | 212.4% |
| Japan | 349 | 1,805 | 2,917 | 2,482 | 92.3% |
| Oman | 110 | 583 | 965 | 841 | 97.0% |
| Vietnam | 65.5 | 317 | 503 | 384 | 80.3% |
| Peru | 5.4 | 47.1 | 243 | 185 | 224.8% |
| Philippines | 80.6 | 282 | 233 | 177 | 30.0% |
| Indonesia | 20.7 | 106 | 169 | 143 | 90.5% |
| Saudi Arabia | 27.9 | 123 | 171 | 125 | 64.9% |
| Malaysia | 13.1 | 74.1 | 160 | 122 | 110.4% |
| China | 23.6 | 0.2 | 157 | 120 | 72.0% |
| Bahrain | 17.9 | 74.1 | 95.7 | 65.2 | 53.9% |
| Russia | 7.0 | 31.0 | 43.1 | 31.5 | 65.1% |
| Thailand | 8.5 | 32.2 | 38.0 | 23.7 | 40.7% |
| Others | 136 | 1,184 | 825 | 643 | 67.8% |
| Total | 969 | 6,326 | 10,636 | 8,481 | 106.1% |
Top Export Markets for Tugs and Pusher Craft from South Korea in 2022:
- Singapore (16.0 units)
- Oman (6.0 units)
- Peru (5.0 units)
- Japan (4.0 units)
- Malaysia (3.0 units)
- Bahrain (1.0 units)
- Saudi Arabia (1.0 units)
- Philippines (1.0 units)
- Indonesia (1.0 units)
- Vietnam (1.0 units)
- China (1.0 units)
- Thailand (1.0 units)
- Russia (1.0 units)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
