Republic of Korea - Transmission Apparatus Incorporating Reception Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Transmission Apparatus Incorporating Reception Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Transmission Apparatus Price in South Korea - 2022

Contents:

  1. Transmission Apparatus Price in South Korea (CIF) - 2022
  2. Transmission Apparatus Price in South Korea (FOB) - 2022
  3. Transmission Apparatus Imports in South Korea
  4. Transmission Apparatus Exports in South Korea

Transmission Apparatus Price in South Korea (CIF) - 2022

The average transmission apparatus import price stood at $284 per unit in December 2022, surging by 5.1% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in January 2022 an increase of 16% month-to-month. The import price peaked in December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Vietnam ($283 per unit), while the price for China amounted to $282 per unit.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%).

Transmission Apparatus Price in South Korea (FOB) - 2022

The average transmission apparatus export price stood at $1,358 per unit in 2022, growing by 38% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 67% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,015 per unit), while the average price for exports to the United Arab Emirates ($131 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 Germany (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports in South Korea

In 2022, approx. 6.2M units of transmission apparatus incorporating reception apparatus were imported into South Korea; increasing by 12% on the year before. Over the period under review, imports, however, saw a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Imports peaked at 6.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, transmission apparatus imports surged to $5.4B in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Transmission Apparatus in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR10210223.74,858262.5%
United States22.07.95.015692.1%
Germany0.53.41.574.9431.1%
China3,6341,6991,8211.8-92.1%
Vietnam1,0511,0261,3620.5-92.2%
Others61.543.21,41132273.6%
Total4,8712,8834,6245,4133.6%

Top Suppliers of Transmission Apparatus to South Korea in 2022:

  1. Vietnam (undefinedM units)
  2. China (undefinedM units)
  3. Hong Kong SAR (5.3M units)
  4. United States (0.2M units)
  5. Germany (0.1M units)

Transmission Apparatus Exports in South Korea

In 2022, the amount of transmission apparatus incorporating reception apparatus exported from South Korea contracted sharply to 3.7M units, reducing by -43.8% compared with the year before. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked at 9.6M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, transmission apparatus exports reduced sharply to $5B in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $6.5B, and then reduced sharply in the following year.

Export of Transmission Apparatus in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,7301,3462,066740-41.7%
Germany38434248057814.6%
United Kingdom97.137347850773.5%
Canada451186143280-14.7%
Netherlands22.847.2107239118.9%
Sweden43.19.710.916054.8%
Japan41.166.286.512042.9%
Hong Kong SAR64.960.911410115.9%
Luxembourg31.216.813.010.1-31.3%
Vietnam1061061660.2-87.6%
United Arab Emirates174134139N/A-10.6%
Others7791,1502,6822,29143.3%
Total5,9243,8386,4865,025-5.3%

Top Export Markets for Transmission Apparatus from South Korea in 2022:

  1. United States (897.0K units)
  2. Canada (336.8K units)
  3. United Kingdom (295.9K units)
  4. Sweden (226.7K units)
  5. Germany (191.8K units)
  6. Japan (168.9K units)
  7. Netherlands (132.2K units)
  8. Hong Kong SAR (130.8K units)
  9. Luxembourg (61.5K units)
  10. Vietnam (0.5K units)
  11. United Arab Emirates (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transmission 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 26301100 - Transmission apparatus for radio-broadcasting and television, w ith reception apparatus
  • Prodcom 26302200 - Telephones for cellular networks or for other wireless networks

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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