Latest Report Update: Jan 17, 2020

Republic of Korea - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights

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Republic of Korea: Domestic Coffee Machine Market Overview 2020

Domestic Coffee Machine Market Size in Republic of Korea

The revenue of the domestic coffee machine market in South Korea amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a resilient expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, domestic coffee machine consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Domestic coffee machine consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Domestic Coffee Machine Exports

Exports from Republic of Korea

In 2018, the amount of domestic electric coffee or tea makers exported from South Korea stood at X units, surging by X% against the previous year. Over the period under review, domestic coffee machine exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, domestic coffee machine exports totaled $X in 2018. Over the period under review, domestic coffee machine exports continue to indicate modest growth. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Japan (X units) was the main destination for domestic coffee machine exports from South Korea, accounting for a X% share of total exports. Moreover, domestic coffee machine exports to Japan exceeded the volume sent to the second major destination, Hungary (X units), twofold. China (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and China (+X% per year).

In value terms, Japan ($X) remains the key foreign market for domestic coffee machine exports from South Korea, comprising X% of total domestic coffee machine exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Japan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2018, the average domestic coffee machine export price amounted to $X per unit, lowering by -X% against the previous year. Overall, the domestic coffee machine export price continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced a decline.

Domestic Coffee Machine Imports

Imports into Republic of Korea

In 2018, the amount of domestic electric coffee or tea makers imported into South Korea stood at X units, lowering by -X% against the previous year. Over the period under review, domestic coffee machine imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, domestic coffee machine imports stood at $X in 2018. Over the period under review, domestic coffee machine imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, domestic coffee machine imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, China (X units) constituted the largest domestic coffee machine supplier to South Korea, accounting for a X% share of total imports. Moreover, domestic coffee machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. Hungary (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Hungary (+X% per year).

In value terms, China ($X) constituted the largest supplier of domestic coffee machine to South Korea, comprising X% of total domestic coffee machine imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Switzerland (-X% per year).

Import Prices by Country

The average domestic coffee machine import price stood at $X per unit in 2018, rising by X% against the previous year. Overall, the domestic coffee machine import price continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27512430 - Domestic electric coffee or tea makers (including percolators)

This report provides an in-depth analysis of the domestic coffee machine 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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