Snow-Ski Equipment Price in South Korea - 2022
Contents:
- Snow-Ski Equipment Price in South Korea (CIF) - 2022
- Snow-Ski Equipment Price in South Korea (FOB) - 2022
- Snow-Ski Equipment Imports in South Korea
- Snow-Ski Equipment Exports in South Korea
Snow-Ski Equipment Price in South Korea (CIF) - 2022
In December 2022, the average snow-ski equipment import price amounted to $26.2 per unit, reducing by -53.4% against the previous month. In general, the import price recorded a deep contraction. The pace of growth was the most pronounced in February 2022 when the average import price increased by 182% m-o-m. As a result, import price attained the peak level of $87.2 per unit. From March 2022 to December 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($74.9 per unit), while the price for China ($10.4 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Snow-Ski Equipment Price in South Korea (FOB) - 2022
In 2022, the average snow-ski equipment export price amounted to $17 per unit, with a decrease of -4.9% against the previous year. Over the period under review, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 35%. As a result, the export price attained the peak level of $30 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($283 per unit), while the average price for exports to Paraguay ($0.2 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 Lebanon (+53.3%), while the prices for the other major destinations experienced more modest paces of growth.
Snow-Ski Equipment Imports in South Korea
In 2022, approx. 180K units of snow-ski equipment were imported into South Korea; with an increase of 26% compared with the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, imports attained the peak of 225K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, snow-ski equipment imports rose remarkably to $4.5M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 36%. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Snow-Ski Equipment in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 932 | 1,394 | 610 | 1,865 | 26.0% |
| Austria | 477 | 601 | 441 | 209 | -24.0% |
| Tunisia | 120 | 160 | 71.3 | 147 | 7.0% |
| United Arab Emirates | 113 | 103 | 88.4 | 126 | 3.7% |
| Taiwan (Chinese) | 88.3 | 75.7 | 123 | 122 | 11.4% |
| United States | 104 | 88.2 | 132 | 109 | 1.6% |
| Japan | 626 | 797 | 707 | 105 | -44.9% |
| Italy | 98.1 | 89.8 | 109 | 95.2 | -1.0% |
| Indonesia | 71.2 | 42.7 | 0.2 | 52.3 | -9.8% |
| Australia | 0.3 | 9.3 | 4.4 | 40.3 | 412.1% |
| Others | 1,018 | 1,603 | 1,706 | 1,608 | 16.5% |
| Total | 3,647 | 4,964 | 3,992 | 4,478 | 7.1% |
Top Suppliers of Snow-Ski Equipment to South Korea in 2022:
- China (114.2K units)
- Indonesia (4.6K units)
- Austria (4.4K units)
- Taiwan (Chinese) (4.1K units)
- Tunisia (3.9K units)
- United States (3.7K units)
- Italy (2.9K units)
- United Arab Emirates (2.9K units)
- Australia (2.8K units)
- Japan (1.7K units)
Snow-Ski Equipment Exports in South Korea
In 2022, snow-ski equipment exports from South Korea reduced remarkably to 5.9K units, waning by -35.2% compared with 2021 figures. In general, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 254% against the previous year. The exports peaked at 16K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, snow-ski equipment exports declined markedly to $102K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 328%. Over the period under review, the exports hit record highs at $304K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Snow-Ski Equipment in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 11.2 | 8.7 | 45.8 | 27.8 | 35.4% |
| China | 24.4 | 3.2 | 36.9 | 11.8 | -21.5% |
| Saudi Arabia | 23.0 | 4.4 | 13.9 | 8.4 | -28.5% |
| Switzerland | 53.4 | 4.5 | 9.3 | 6.1 | -51.5% |
| Slovenia | 21.8 | 2.3 | 6.5 | 5.7 | -36.1% |
| Pakistan | 13.5 | 1.8 | 6.0 | 4.3 | -31.7% |
| Canada | 1.9 | 0.4 | 0.6 | 4.2 | 30.3% |
| Indonesia | 16.8 | 1.1 | 1.2 | 1.3 | -57.4% |
| Germany | 0.4 | 0.4 | 2.2 | 0.8 | 26.0% |
| Qatar | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
| Paraguay | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Senegal | 0.5 | N/A | N/A | N/A | 0% |
| Others | 137 | 11.9 | 43.5 | 31.7 | -38.6% |
| Total | 304 | 38.8 | 166 | 102 | -30.5% |
Top Export Markets for Snow-Ski Equipment from South Korea in 2022:
- Kuwait (2847.0 units)
- Saudi Arabia (756.0 units)
- China (518.0 units)
- Canada (505.0 units)
- Germany (157.0 units)
- Paraguay (141.0 units)
- Pakistan (84.0 units)
- Qatar (84.0 units)
- Slovenia (63.0 units)
- Indonesia (46.0 units)
- Switzerland (22.0 units)
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