Republic of Korea - Machinery For Preparing Animal Feedstuffs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFeedstuff Preparing Machinery Price in South Korea - 2022
Contents:
- Feedstuff Preparing Machinery Price in South Korea (CIF) - 2022
- Feedstuff Preparing Machinery Price in South Korea (FOB) - 2022
- Feedstuff Preparing Machinery Imports in South Korea
- Feedstuff Preparing Machinery Exports in South Korea
Feedstuff Preparing Machinery Price in South Korea (CIF) - 2022
The average feedstuff preparing machinery import price stood at $18,141 per unit in December 2022, rising by 13% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 130% month-to-month. As a result, import price attained the peak level of $31,252 per unit; afterwards, it flattened through to December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Singapore ($41,230 per unit), while the price for China ($7,648 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Feedstuff Preparing Machinery Price in South Korea (FOB) - 2022
The average feedstuff preparing machinery export price stood at $44,184 per unit in December 2022, picking up by 127% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 an increase of 3,110% month-to-month. As a result, the export price reached the peak level of $1.3M per unit. From April 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the country with the highest price was Myanmar ($54,919 per unit), while the average price for exports to Bhutan amounted to $41,501 per unit.
From February 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Feedstuff Preparing Machinery Imports in South Korea
In 2022, after two years of decline, there was growth in supplies from abroad of machinery for preparing animal feedstuffs, when their volume increased by 4.4% to 357 units. In general, imports, however, recorded a dramatic shrinkage. Over the period under review, imports hit record highs at 1.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, feedstuff preparing machinery imports declined slightly to $6.8M in 2022. Overall, imports, however, showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.5%. Over the period under review, imports attained the peak figure at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Feedstuff Preparing Machinery in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,424 | 1,411 | 722 | 1,545 | -13.9% |
Germany | 407 | 578 | 146 | 1,032 | 36.4% |
France | 470 | 252 | 322 | 723 | 15.4% |
United States | 8,864 | 597 | 292 | 451 | -62.9% |
Netherlands | 3,508 | 1,722 | 1,588 | 242 | -59.0% |
Spain | 3.0 | 184 | 109 | 196 | 302.8% |
Israel | 87.0 | 197 | 34.1 | 169 | 24.8% |
Italy | 211 | 871 | 47.1 | 25.0 | -50.9% |
Singapore | N/A | 405 | 570 | N/A | 40.7% |
Others | 1,611 | 272 | 3,274 | 2,414 | 14.4% |
Total | 17,585 | 6,490 | 7,104 | 6,797 | -27.2% |
Top Suppliers of Feedstuff Preparing Machinery to South Korea in 2022:
- China (99.0 units)
- France (61.0 units)
- United States (33.0 units)
- Germany (24.0 units)
- Israel (12.0 units)
- Netherlands (9.0 units)
- Spain (4.0 units)
- Italy (2.0 units)
Feedstuff Preparing Machinery Exports in South Korea
In 2022, approx. 133 units of machinery for preparing animal feedstuffs were exported from South Korea; picking up by 138% compared with the previous year's figure. Overall, exports saw a strong increase. The exports peaked at 210 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, feedstuff preparing machinery exports surged to $1.3M in 2022. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $1.6M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Feedstuff Preparing Machinery in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 34.0 | 51.8 | 7.0 | 455 | 137.4% |
Germany | 91.8 | 134 | 98.9 | 294 | 47.4% |
Philippines | 31.0 | 0.1 | 33.8 | 271 | 106.0% |
Spain | 111 | 27.6 | 28.7 | N/A | -49.2% |
Nigeria | 79.4 | 436 | N/A | N/A | 449.1% |
Uganda | 122 | N/A | N/A | N/A | 0% |
Vietnam | N/A | 575 | 17.0 | N/A | -97.0% |
Cambodia | N/A | 107 | N/A | N/A | 0% |
Indonesia | 686 | 43.6 | 244 | N/A | -40.4% |
Others | 147 | 252 | 594 | 305 | 27.5% |
Total | 1,302 | 1,626 | 1,023 | 1,325 | 0.6% |
Top Export Markets for Feedstuff Preparing Machinery from South Korea in 2022:
- China (39.0 units)
- Germany (31.0 units)
- Philippines (31.0 units)
This report provides an in-depth analysis of the feedstuff preparing machinery 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.
Product coverage:
- Prodcom 28308300 - Machinery for preparing animal feedstuffs
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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