Hand Saws Price in South Korea - 2022
Contents:
- Hand Saws Price in South Korea (FOB) - 2022
- Hand Saws Price in South Korea (CIF) - 2022
- Hand Saws Exports in South Korea
- Hand Saws Imports in South Korea
Hand Saws Price in South Korea (FOB) - 2022
In December 2022, the average hand saws export price amounted to $28,460 per ton, which is down by -2.7% against the previous month. Over the period under review, the export price continues to indicate a mild curtailment. The growth pace was the most rapid in February 2022 an increase of 5.9% against the previous month. Over the period under review, the average export prices hit record highs at $34,777 per ton in May 2022; however, from June 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($67,409 per ton), while the average price for exports to Bulgaria ($9,774 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Hand Saws Price in South Korea (CIF) - 2022
In December 2022, the average hand saws import price amounted to $20,117 per ton, picking up by 3.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2022 an increase of 16% against the previous month. As a result, import price attained the peak level of $24,623 per ton. From March 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($45,832 per ton), while the price for the UK ($9,693 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced a decline.
Hand Saws Exports in South Korea
Hand saws exports from South Korea dropped to 3.6K tons in 2022, declining by -12.8% compared with 2021. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 5.3% against the previous year.
In value terms, hand saws exports dropped to $117M in 2022. Overall, exports saw a mild curtailment. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of $135M, and then fell in the following year.
| Export of Hand Saws in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.8 | 35.9 | 39.7 | 36.6 | -1.1% |
| Japan | 15.7 | 16.2 | 15.0 | 11.7 | -9.3% |
| China | 4.6 | 4.8 | 5.3 | 6.5 | 12.2% |
| Germany | 8.6 | 8.0 | 9.8 | 5.3 | -14.9% |
| Spain | 4.6 | 3.7 | 4.9 | 4.9 | 2.1% |
| Switzerland | 4.9 | 4.2 | 4.0 | 4.4 | -3.5% |
| Australia | 2.8 | 3.8 | 5.1 | 4.2 | 14.5% |
| Vietnam | 1.4 | 3.0 | 4.6 | 3.2 | 31.7% |
| Italy | 2.8 | 3.1 | 3.6 | 3.1 | 3.5% |
| Saudi Arabia | 1.8 | 2.8 | 2.1 | 2.6 | 13.0% |
| Netherlands | 3.2 | 2.5 | 3.6 | 1.9 | -16.0% |
| United Kingdom | 1.8 | 1.7 | 2.2 | 1.8 | 0.0% |
| Sweden | 0.9 | 1.1 | 1.0 | 1.3 | 13.0% |
| Others | 31.6 | 27.6 | 33.9 | 29.7 | -2.0% |
| Total | 122 | 118 | 135 | 117 | -1.4% |
Top Export Markets for Hand Saws from South Korea in 2022:
- United States (1019.3 tons)
- Japan (417.6 tons)
- Spain (186.1 tons)
- China (170.0 tons)
- Germany (161.4 tons)
- Italy (140.3 tons)
- Vietnam (137.1 tons)
- Australia (119.9 tons)
- Saudi Arabia (103.3 tons)
- Switzerland (97.1 tons)
- Sweden (96.0 tons)
- Netherlands (75.4 tons)
- United Kingdom (62.4 tons)
Hand Saws Imports in South Korea
In 2022, the amount of hand sawses imported into South Korea declined modestly to 4.2K tons, flattening at 2021 figures. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 4.3K tons, leveling off in the following year.
In value terms, hand saws imports contracted modestly to $89M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $91M, and then shrank slightly in the following year.
| Import of Hand Saws in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.2 | 21.1 | 28.7 | 28.1 | 11.6% |
| Japan | 25.8 | 22.4 | 25.8 | 24.2 | -2.1% |
| Switzerland | 8.0 | 8.2 | 10.6 | 10.8 | 10.5% |
| Germany | 9.0 | 8.6 | 7.8 | 8.2 | -3.1% |
| United States | 6.8 | 5.4 | 7.4 | 6.7 | -0.5% |
| Canada | 1.5 | 1.4 | 1.4 | 1.9 | 8.2% |
| United Kingdom | 0.5 | 0.5 | 0.6 | 0.9 | 21.6% |
| Others | 4.4 | 5.0 | 8.3 | 8.1 | 22.6% |
| Total | 76.2 | 72.7 | 90.6 | 89.0 | 5.3% |
Top Suppliers of Hand Saws to South Korea in 2022:
- China (2164.1 tons)
- Japan (768.5 tons)
- Germany (446.7 tons)
- United States (243.9 tons)
- Switzerland (216.0 tons)
- Canada (66.7 tons)
- United Kingdom (66.2 tons)
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