Republic of Korea - Machinery For Filtering Or Purifying Water - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWater Filter Price in South Korea - 2022
Contents:
- Water Filter Price in South Korea (FOB) - 2022
- Water Filter Price in South Korea (CIF) - 2022
- Water Filter Exports in South Korea
- Water Filter Imports in South Korea
Water Filter Price in South Korea (FOB) - 2022
In December 2022, the average water filter export price amounted to $24.0 per unit, waning by -10.1% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 16% m-o-m. As a result, the export price reached the peak level of $30.0 per unit. From March 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Singapore ($44.2 per unit), while the average price for exports to Iraq ($7.8 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 Vietnam (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Water Filter Price in South Korea (CIF) - 2022
In December 2022, the average water filter import price amounted to $51.7 per unit, growing by 51% against the previous month. Over the period under review, import price indicated a perceptible expansion from December 2021 to December 2022: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, water filter import price increased by +51.3% against November 2022 indices. Over the period under review, average import prices hit record highs at $53.0 per unit in March 2022; however, from April 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the Netherlands ($156 per unit), while the price for Vietnam ($7.2 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 Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Water Filter Exports in South Korea
Water filter exports from South Korea rose significantly to 32M units in 2022, increasing by 8.3% on 2021 figures. The total export volume increased at an average annual rate of +6.0% 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 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, water filter exports rose significantly to $872M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Water Filter in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 174 | 163 | 198 | 190 | 3.0% |
| United States | 73.7 | 88.5 | 128 | 135 | 22.4% |
| China | 146 | 157 | 136 | 105 | -10.4% |
| Saudi Arabia | 25.1 | 18.9 | 51.1 | 49.1 | 25.1% |
| Singapore | 25.5 | 23.6 | 28.7 | 27.5 | 2.5% |
| United Arab Emirates | 7.6 | 18.4 | 24.0 | 23.1 | 44.9% |
| Japan | 61.5 | 44.4 | 51.1 | 22.4 | -28.6% |
| Turkey | 11.1 | 18.1 | 20.7 | 17.8 | 17.0% |
| Thailand | 11.9 | 8.2 | 18.5 | 17.8 | 14.4% |
| Vietnam | 20.2 | 15.3 | 11.7 | 15.1 | -9.2% |
| Indonesia | 10.0 | 9.5 | 9.6 | 9.3 | -2.4% |
| Others | 136 | 132 | 146 | 259 | 24.0% |
| Total | 702 | 696 | 823 | 872 | 7.5% |
Top Export Markets for Water Filter from South Korea in 2022:
- Malaysia (9.0M units)
- United States (4.1M units)
- China (2.2M units)
- Saudi Arabia (1.7M units)
- Japan (0.8M units)
- Thailand (0.8M units)
- Turkey (0.7M units)
- Vietnam (0.7M units)
- Singapore (0.6M units)
- United Arab Emirates (0.6M units)
- Indonesia (0.4M units)
Water Filter Imports in South Korea
In 2022, approx. 5.3M units of machinery for filtering or purifying water were imported into South Korea; growing by 27% on the previous year's figure. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, water filter imports rose remarkably to $187M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Imports peaked at $200M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Water Filter in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.2 | 53.1 | 53.3 | 44.4 | -4.6% |
| Germany | 8.8 | 14.8 | 15.5 | 27.7 | 46.6% |
| United States | 27.6 | 36.8 | 21.2 | 24.1 | -4.4% |
| Denmark | 2.0 | 1.0 | 2.0 | 12.2 | 82.7% |
| Singapore | 1.6 | 2.1 | 7.6 | 9.0 | 77.8% |
| Hungary | 9.8 | 6.2 | 3.9 | 7.8 | -7.3% |
| India | 3.2 | 2.0 | 3.0 | 6.4 | 26.0% |
| Malaysia | 9.5 | 5.5 | 1.5 | 6.3 | -12.8% |
| Japan | 21.1 | 38.8 | 22.4 | 5.4 | -36.5% |
| Vietnam | 0.8 | 0.9 | 1.6 | 1.8 | 31.0% |
| Luxembourg | 8.9 | 8.8 | 0.9 | 0.9 | -53.4% |
| Others | 30.7 | 29.6 | 31.0 | 41.2 | 10.3% |
| Total | 175 | 200 | 164 | 187 | 2.2% |
Top Suppliers of Water Filter to South Korea in 2022:
- China (1390.6K units)
- Germany (708.9K units)
- United States (624.4K units)
- India (505.3K units)
- Singapore (269.7K units)
- Vietnam (226.6K units)
- Denmark (179.9K units)
- Hungary (128.5K units)
- Malaysia (92.8K units)
- Japan (67.1K units)
- Luxembourg (7.4K units)
This report provides an in-depth analysis of the water filter 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 28291230 - Machinery and apparatus for filtering or purifying water
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.
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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
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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
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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
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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
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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
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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
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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
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