Republic of Korea - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRadio Navigation Apparatus Price in South Korea - 2022
Contents:
- Radio Navigation Apparatus Price in South Korea (FOB) - 2022
- Radio Navigation Apparatus Price in South Korea (CIF) - 2022
- Radio Navigation Apparatus Exports in South Korea
- Radio Navigation Apparatus Imports in South Korea
Radio Navigation Apparatus Price in South Korea (FOB) - 2022
In December 2022, the average radio navigation apparatus export price amounted to $180 per unit, rising by 30% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in May 2022 an increase of 61% m-o-m. The export price peaked at $194 per unit in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($493 per unit), while the average price for exports to the Czech Republic ($94.2 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Price in South Korea (CIF) - 2022
The average radio navigation apparatus import price stood at $326 per unit in 2022, dropping by -8.8% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio navigation apparatus import price decreased by -15.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs at $385 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 ($2,947 per unit), while the price for Spain ($112 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Radio Navigation Apparatus Exports in South Korea
In 2022, shipments abroad of radio navigational aid apparatus increased by 9.3% to 1.1M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep reduction. Over the period under review, the exports attained the peak figure at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, radio navigation apparatus exports expanded modestly to $170M in 2022. Overall, exports, however, faced a abrupt decline. Over the period under review, the exports attained the maximum at $292M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Radio Navigation Apparatus in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 21.0 | 25.5 | 35.7 | 48.4 | 32.1% |
| India | 4.2 | 4.3 | 3.0 | 35.3 | 103.3% |
| Philippines | 12.8 | 13.3 | 20.0 | 16.7 | 9.3% |
| United States | 10.9 | 18.9 | 20.0 | 10.9 | 0.0% |
| Australia | 0.6 | 2.8 | 12.3 | 7.9 | 136.1% |
| Turkey | 5.5 | 5.2 | 8.5 | 7.4 | 10.4% |
| Japan | 8.4 | 7.5 | 7.9 | 7.0 | -5.9% |
| China | 7.9 | 6.2 | 5.0 | 6.7 | -5.3% |
| Taiwan (Chinese) | 2.0 | 2.2 | 4.3 | 4.5 | 31.0% |
| Germany | 1.6 | 5.8 | 7.5 | 4.1 | 36.8% |
| Czech Republic | 0.8 | 50.1 | 4.4 | 3.0 | 55.4% |
| Morocco | 0.1 | 0.1 | 2.0 | 2.0 | 171.4% |
| Slovenia | 160 | N/A | N/A | N/A | 0% |
| Others | 55.9 | 65.5 | 33.6 | 16.3 | -33.7% |
| Total | 292 | 208 | 164 | 170 | -16.5% |
Top Export Markets for Radio Navigation Apparatus from South Korea in 2022:
- India (278.6K units)
- Vietnam (238.1K units)
- Philippines (130.0K units)
- Turkey (59.2K units)
- Germany (48.6K units)
- Morocco (45.2K units)
- Australia (44.6K units)
- United States (37.6K units)
- Japan (37.3K units)
- Taiwan (Chinese) (25.2K units)
- Czech Republic (22.1K units)
- China (18.9K units)
Radio Navigation Apparatus Imports in South Korea
Radio navigation apparatus imports into South Korea expanded sharply to 376K units in 2022, picking up by 7% compared with 2021. In general, imports, however, saw a abrupt setback. Imports peaked at 548K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, radio navigation apparatus imports declined to $122M in 2022. Overall, imports, however, faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 0.2% against the previous year. Imports peaked at $211M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Radio Navigation Apparatus in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 100 | 42.3 | 50.0 | 48.1 | -21.6% |
| China | 10.6 | 11.5 | 16.6 | 15.4 | 13.3% |
| Spain | 0.2 | 2.1 | 11.6 | 9.6 | 263.4% |
| Japan | 17.9 | 9.6 | 7.6 | 8.7 | -21.4% |
| France | 11.5 | 9.5 | 4.1 | 8.4 | -9.9% |
| Vietnam | 18.6 | 9.3 | 6.0 | 6.1 | -31.0% |
| Taiwan (Chinese) | 2.6 | 3.8 | 3.9 | 5.4 | 27.6% |
| Mexico | 11.3 | 15.6 | 0.6 | 1.3 | -51.4% |
| Malaysia | 20.8 | 4.3 | 0.2 | 0.5 | -71.1% |
| Others | 17.4 | 16.9 | 24.6 | 18.8 | 2.6% |
| Total | 211 | 125 | 125 | 122 | -16.7% |
Top Suppliers of Radio Navigation Apparatus to South Korea in 2022:
- China (92.6K units)
- Spain (85.4K units)
- Japan (75.3K units)
- Vietnam (47.1K units)
- United States (16.3K units)
- Taiwan (Chinese) (13.1K units)
- France (12.5K units)
- Mexico (2.4K units)
- Malaysia (0.3K units)
This report provides an in-depth analysis of the radio navigation apparatus market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
283
This report provides an in-depth analysis of the radio navigation apparatus market in Republic of Korea.
116
This report provides an in-depth analysis of the radar apparatus market in Republic of Korea.
313
This report provides an in-depth analysis of the radar apparatus market in Republic of Korea.
246
This report provides an in-depth analysis of the remote control apparatus market in Republic of Korea.
407
This report provides an in-depth analysis of the radar apparatus market in Republic of Korea.
477
This report provides an in-depth analysis of the global radio navigation apparatus market.
189
This report provides an in-depth analysis of the global radar apparatus market.
586
This report provides an in-depth analysis of the global radar apparatus market.
395
This report provides an in-depth analysis of the global remote control apparatus market.
618
This report provides an in-depth analysis of the global radar apparatus market.
243
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
114
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
267
Explore the top import markets for radar apparatus, including the United States, Germany, Japan, and more. Learn about the key factors driving import demand and the benefits of the IndexBox market intelligence platform.
273
Explore the top import markets for remote control apparatus, including countries like the United States, Germany, China, and more. Learn about the key statistics and insights from the IndexBox market intelligence platform.
1200
In value terms, navigational instruments and appliances imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
899
In value terms, navigational instruments and appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend...
1053
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
693
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
243
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
114
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
