Amplifiers; Audio-Frequency Electric Price in South Korea - 2022
Contents:
- Amplifiers; Audio-Frequency Electric Price in South Korea (CIF) - 2022
- Amplifiers; Audio-Frequency Electric Price in South Korea (FOB) - 2022
- Amplifiers; Audio-Frequency Electric Imports in South Korea
- Amplifiers; Audio-Frequency Electric Exports in South Korea
Amplifiers; Audio-Frequency Electric Price in South Korea (CIF) - 2022
The average amplifiers; audio-frequency electric import price stood at $293 per unit in 2022, jumping by 16% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amplifiers; audio-frequency electric import price increased by +34.7% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 48%. As a result, import price attained the peak level of $332 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($524 per unit), while the price for Indonesia ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Price in South Korea (FOB) - 2022
In 2022, the average amplifiers; audio-frequency electric export price amounted to $164 per unit, with an increase of 21% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amplifiers; audio-frequency electric export price increased by +108.2% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 24% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($327 per unit), while the average price for exports to Nigeria ($4.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Amplifiers; Audio-Frequency Electric Imports in South Korea
After two years of decline, purchases abroad of amplifiers; audio-frequency electrics increased by 6% to 509K units in 2022. Over the period under review, imports, however, showed a mild decline. Imports peaked at 529K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, amplifiers; audio-frequency electric imports soared to $149M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Amplifiers; Audio-Frequency Electric in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 72.7 | 82.0 | 82.3 | 108 | 14.1% |
| Mexico | 25.6 | 18.7 | 17.4 | 19.3 | -9.0% |
| United States | 3.0 | 3.6 | 4.3 | 4.6 | 15.3% |
| Japan | 1.3 | 2.2 | 3.0 | 2.6 | 26.0% |
| Vietnam | 1.7 | 1.7 | 1.8 | 2.1 | 7.3% |
| Romania | 0.3 | 2.0 | 0.6 | 1.0 | 49.4% |
| Indonesia | 0.3 | 0.6 | 0.5 | 0.9 | 44.2% |
| Others | 10.0 | 8.4 | 11.3 | 11.1 | 3.5% |
| Total | 115 | 119 | 121 | 149 | 9.0% |
Top Suppliers of Amplifiers; Audio-Frequency Electric to South Korea in 2022:
- China (370.7K units)
- Mexico (44.3K units)
- Indonesia (29.6K units)
- Vietnam (20.4K units)
- United States (8.7K units)
- Japan (8.6K units)
- Romania (7.7K units)
Amplifiers; Audio-Frequency Electric Exports in South Korea
In 2022, overseas shipments of amplifiers; audio-frequency electrics decreased by -17.9% to 320K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, the exports reached the peak of 389K units, and then dropped dramatically in the following year.
In value terms, amplifiers; audio-frequency electric exports dropped modestly to $53M in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 59%. As a result, the exports reached the peak of $53M, leveling off in the following year.
| Export of Amplifiers; Audio-Frequency Electric in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.8 | 16.4 | 28.9 | 28.7 | 48.3% |
| Czech Republic | 3.9 | 6.2 | 6.7 | 6.9 | 20.9% |
| Vietnam | 1.9 | 1.3 | 4.5 | 6.8 | 53.0% |
| France | 1.0 | 0.6 | 1.2 | 1.0 | 0.0% |
| United Kingdom | 0.7 | 0.4 | 0.5 | 0.9 | 8.7% |
| Germany | 1.1 | 1.3 | 1.3 | 0.9 | -6.5% |
| Japan | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| Russia | 1.3 | 1.3 | 1.9 | 0.7 | -18.6% |
| Nigeria | 0.2 | N/A | N/A | N/A | 0% |
| Others | 5.3 | 4.9 | 6.9 | 5.9 | 3.6% |
| Total | 24.9 | 33.1 | 52.7 | 52.5 | 28.2% |
Top Export Markets for Amplifiers; Audio-Frequency Electric from South Korea in 2022:
- United States (190.4K units)
- Vietnam (35.3K units)
- Czech Republic (28.5K units)
- Germany (11.5K units)
- France (7.3K units)
- United Kingdom (6.2K units)
- Russia (5.2K units)
- Japan (4.9K units)
- Nigeria (2.3K units)
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