Vessels; Warships Price in South Korea - 2022
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Vessels; Warships Price in South Korea (FOB) - 2022
In 2022, the average vessels; warships export price amounted to $25,200 per ton, which is down by -60% against the previous year. Overall, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of 215% against the previous year. As a result, the export price reached the peak level of $62,996 per ton, and then shrank rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +314.0% per year.
Vessels; Warships Exports in South Korea
In 2022, exports of vessels; warshipses from South Korea skyrocketed to 11K tons, growing by 330% compared with the previous year's figure. Overall, exports, however, faced a dramatic contraction.
In value terms, vessels; warships exports soared to $289M in 2022. In general, exports, however, recorded a abrupt downturn.
| Export of Vessels; Warships in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Colombia | 42.0 | 20.4 | 289 | 162.3% | |
| New Zealand | 217 | N/A | N/A | 0% | |
| Philippines | 151 | 72.8 | N/A | -51.8% | |
| Others | N/A | 75.0 | N/A | 0% | |
| Total | 410 | 168 | 289 | -16.0% | |
Top Export Markets for Vessels; Warships from South Korea in 2022:
- Colombia (11.5K tons)
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