Price for Vehicles; Mobile Drilling Derricks in South Korea - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in South Korea (FOB) - 2022
- Price for Vehicles; Mobile Drilling Derricks in South Korea (CIF) - 2022
- Exports of Vehicles; Mobile Drilling Derricks in South Korea
- Imports of Vehicles; Mobile Drilling Derricks in South Korea
Price for Vehicles; Mobile Drilling Derricks in South Korea (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $42,007 per unit, jumping by 18% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 89%. The export price peaked at $64,947 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($237,079 per unit), while the average price for exports to Chile ($12 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 Ghana (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vehicles; Mobile Drilling Derricks in South Korea (CIF) - 2022
The average vehicles; mobile drilling derricks import price stood at $117,120 per unit in 2022, picking up by 7.5% against the previous year. Over the period under review, the import price posted a mild expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 165%. The import price peaked at $187,985 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($178,444 per unit), while the price for the United States ($7,541 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+53.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vehicles; Mobile Drilling Derricks in South Korea
In 2022, the amount of vehicles; mobile drilling derrickses exported from South Korea declined markedly to 48 units, waning by -33.3% on the year before. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, the exports attained the maximum at 112 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, vehicles; mobile drilling derricks exports dropped sharply to $2M in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, the exports attained the peak figure at $3.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Vehicles; Mobile Drilling Derricks in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 2,554 | 809 | 1,140 | 773 | -32.9% |
| United Arab Emirates | 329 | 327 | 299 | 237 | -10.4% |
| Lao People's Democratic Republic | 72.6 | 28.9 | 194 | 143 | 25.4% |
| Qatar | 302 | 109 | 176 | 136 | -23.4% |
| Russia | 213 | 78.3 | 128 | 101 | -22.0% |
| Ghana | 93.5 | 38.5 | 70.4 | 62.0 | -12.8% |
| Saudi Arabia | 51.7 | 16.4 | 40.5 | 29.9 | -16.7% |
| Myanmar | 87.1 | 28.3 | 40.8 | 28.3 | -31.3% |
| Mongolia | 47.6 | 10.3 | 6.3 | 11.5 | -37.7% |
| Cambodia | 18.1 | 6.0 | 10.8 | 8.0 | -23.8% |
| Ethiopia | 11.1 | 3.1 | 3.7 | 2.2 | -41.7% |
| Singapore | 3.5 | 1.0 | 1.2 | 0.7 | -41.5% |
| Chile | 0.1 | N/A | N/A | N/A | 0% |
| Others | 11.6 | 6.5 | 459 | 484 | 246.8% |
| Total | 3,796 | 1,463 | 2,570 | 2,016 | -19.0% |
Top Export Markets for Vehicles; Mobile Drilling Derricks from South Korea in 2022:
- Afghanistan (32.0 units)
- Russia (3.0 units)
- Ghana (1.0 units)
- Saudi Arabia (1.0 units)
- Lao People's Democratic Republic (1.0 units)
- Myanmar (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- Qatar (1.0 units)
- Mongolia (1.0 units)
- Ethiopia (1.0 units)
- Cambodia (1.0 units)
- Chile (1.0 units)
Imports of Vehicles; Mobile Drilling Derricks in South Korea
In 2022, the amount of vehicles; mobile drilling derrickses imported into South Korea was estimated at 3 units, approximately mirroring the year before. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 50%. Imports peaked at 5 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, vehicles; mobile drilling derricks imports rose markedly to $351K in 2022. In general, imports recorded a abrupt setback. Over the period under review, imports reached the peak figure at $425K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Vehicles; Mobile Drilling Derricks in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 178 | 0% |
| Australia | 50.4 | 367 | 32.9 | 165 | 48.5% |
| United States | 0.9 | 9.0 | 1.1 | 7.5 | 102.7% |
| United Arab Emirates | 374 | N/A | 293 | N/A | -11.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 425 | 376 | 327 | 351 | -6.2% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to South Korea in 2022:
- United States (1.0 units)
- Australia (1.0 units)
- China (1.0 units)
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