Report Republic of Korea - Motor Vehicle Chassis Fitted with Engines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 5, 2022

Republic of Korea - Motor Vehicle Chassis Fitted with Engines - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Market for Motor Vehicle Chassis Fitted With Engines 2022

Market Size for Motor Vehicle Chassis Fitted With Engines in Republic of Korea

The South Korean market for motor vehicle chassis fitted with engines skyrocketed to $X in 2021, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt decrease. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Motor Vehicle Chassis Fitted With Engines in Republic of Korea

In value terms, production of motor vehicle chassis fitted with engines soared to $X in 2021 estimated in export price. In general, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Republic of Korea

After three years of decline, shipments abroad of motor vehicle chassis fitted with engines increased by X% to X units in 2021. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of motor vehicle chassis fitted with engines skyrocketed to $X in 2021. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Pakistan (X units), Kazakhstan (X units) and Peru (X units) were the main destinations of exports of motor vehicle chassis fitted with engines from South Korea, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of +X%), while the other leaders experienced mixed trend patterns.

In value terms, Pakistan ($X), Kazakhstan ($X) and Vietnam ($X) constituted the largest markets for motor vehicle chassis fitted with engines exported from South Korea worldwide, with a combined X% share of total exports.

Among the main countries of destination, Pakistan, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Republic of Korea

In 2021, supplies from abroad of motor vehicle chassis fitted with engines increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines fell to $X in 2021. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X units) constituted the largest motor vehicle chassis fitted with engines supplier to South Korea, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Indonesia exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by India (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and India (-X% per year).

In value terms, the largest motor vehicle chassis fitted with engines suppliers to South Korea were the United States ($X), Indonesia ($X) and India ($X), together accounting for X% of total imports.

The United States, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, reducing by -X% against the previous year. In general, the import price showed a abrupt slump. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicle chassis fitted with engines in the world?
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Japan constituted the country with the largest volume of consumption of motor vehicle chassis fitted with engines, comprising approx. 51% of total volume. Moreover, consumption of motor vehicle chassis fitted with engines in Japan exceeded the figures recorded by the second-largest consumer, India, fourfold. China ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of motor vehicle chassis fitted with engines in the world?
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The country with the largest volume of production of motor vehicle chassis fitted with engines was Japan, accounting for 53% of total volume. Moreover, production of motor vehicle chassis fitted with engines in Japan exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was taken by China, with an 8.3% share.
What are the leading suppliers of motor vehicle chassis fitted with engines to Republic of Korea?
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In value terms, the United States, Indonesia and India appeared to be the largest motor vehicle chassis fitted with engines suppliers to South Korea, with a combined 97% share of total imports.
What are the leading importers of motor vehicle chassis fitted with engines from Republic of Korea?
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In value terms, the largest markets for motor vehicle chassis fitted with engines exported from South Korea were Pakistan, Kazakhstan and Vietnam, together accounting for 80% of total exports.
What is the average export price for motor vehicle chassis fitted with engines in Republic of Korea?
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The average export price for motor vehicle chassis fitted with engines stood at $47,188 per unit in 2021, increasing by 36% against the previous year.
What is the average import price for motor vehicle chassis fitted with engines in Republic of Korea?
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The average import price for motor vehicle chassis fitted with engines stood at $16,258 per unit in 2021, reducing by -47.4% against the previous year.

This report provides an in-depth analysis of the market for motor vehicle chassis fitted with engines 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 29104400 - Chassis fitted with engines, for tractors, motor cars and other motor vehicles principally designed for carrying people, goods vehicles and special purpose vehicles including for racing cars
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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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