Duplicating Machines Price in South Korea - 2022

Contents:

1. Duplicating Machines Price in South Korea (CIF) - 2022
2. Duplicating Machines Price in South Korea (FOB) - 2022
3. Duplicating Machines Imports in South Korea
4. Duplicating Machines Exports in South Korea

Duplicating Machines Price in South Korea (CIF) - 2022

In 2022, the average duplicating machines import price amounted to $2,534 per unit, remaining relatively unchanged against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $2,542 per unit in 2020; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +17.0% per year.

Duplicating Machines Price in South Korea (FOB) - 2022

The average duplicating machines export price stood at $524 per unit in 2022, with a decrease of -16.5% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. The export price peaked at $1,139 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($1,137 per unit), while the average price for exports to the Philippines stood at $151 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Duplicating Machines Imports in South Korea

After two years of decline, purchases abroad of duplicating machineses increased by 2.7% to 680 units in 2022. In general, imports, however, recorded a abrupt decrease. Imports peaked at 965 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, duplicating machines imports expanded to $1.7M in 2022. Overall, imports, however, showed a pronounced downturn. Over the period under review, imports hit record highs at $2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Duplicating Machines to South Korea in 2022:

1. Thailand (680.0 units)

Duplicating Machines Exports in South Korea

In 2022, overseas shipments of duplicating machineses were finally on the rise to reach 68 units after two years of decline. In general, exports, however, saw a abrupt descent. Over the period under review, the exports attained the peak figure at 115 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, duplicating machines exports surged to $36K in 2022. Over the period under review, exports, however, showed a abrupt downturn. The exports peaked at $61K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Duplicating Machines from South Korea in 2022:

1. Philippines (42.0 units)
2. Thailand (26.0 units)

Source: IndexBox Market Intelligence Platform