Republic of Korea: Typewriter Market 2024

Typewriter Market Size in Republic of Korea

The South Korean typewriter market was estimated at less than $X in 2022, almost unchanged from the previous year. In general, consumption, however, showed a precipitous setback. Typewriter consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Typewriter Production in Republic of Korea

In value terms, typewriter production amounted to less than $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Typewriter production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Typewriter Exports

Exports from Republic of Korea

Typewriter exports from South Korea soared to X units in 2016, increasing by X% on the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, typewriter exports soared to $X in 2016. In general, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Myanmar (X units) was the main destination for typewriter exports from South Korea, with a X% share of total exports. Moreover, typewriter exports to Myanmar exceeded the volume sent to the second major destination, New Zealand (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to Myanmar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and China (X% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for typewriters and word-processing machines exports from South Korea, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Nigeria (X% per year).

Export Prices by Country

The average typewriter export price stood at $X per unit in 2016, shrinking by X% against the previous year. Overall, the export price continues to indicate a sharp downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Typewriter Imports

Imports into Republic of Korea

In 2016, the amount of typewriters and word-processing machines imported into South Korea soared to X units, increasing by X% against the previous year's figure. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, typewriter imports contracted significantly to $X in 2016. In general, imports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

In 2016, China (X units) constituted the largest typewriter supplier to South Korea, accounting for a X% share of total imports. Moreover, typewriter imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

In value terms, the largest typewriter suppliers to South Korea were the United States ($X), China ($X) and Japan ($X), together accounting for X% of total imports. India and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average typewriter import price stood at $X per unit in 2016, which is down by X% against the previous year. Over the period under review, the import price recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price decreased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, 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 2016, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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