Republic of Korea - Manure Spreaders And Fertilizer Distributors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManure Spreader Price in South Korea - 2022
Contents:
- Manure Spreader Price in South Korea (FOB) - 2022
- Manure Spreader Price in South Korea (CIF) - 2022
- Manure Spreader Exports in South Korea
- Manure Spreader Imports in South Korea
Manure Spreader Price in South Korea (FOB) - 2022
In 2022, the average manure spreader export price amounted to $31,661 per unit, picking up by 8.7% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manure spreader export price increased by +71.1% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 China ($337,357 per unit), while the average price for exports to Taiwan (Chinese) ($1,981 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 China (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Manure Spreader Price in South Korea (CIF) - 2022
The average manure spreader import price stood at $59,189 per unit in 2022, growing by 5% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manure spreader import price increased by +78.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 20%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($210,616 per unit), while the price for Australia ($67 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Manure Spreader Exports in South Korea
For the fourth year in a row, South Korea recorded growth in overseas shipments of manure spreaders and fertilizer distributors, which increased by 6.9% to 77 units in 2022. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, manure spreader exports expanded sharply to $2.4M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +51.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 15%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Manure Spreader in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 341 | 433 | 543 | 675 | 25.6% |
| Australia | 514 | 565 | 614 | 662 | 8.8% |
| Chile | 165 | 203 | 247 | 297 | 21.6% |
| Russia | 129 | 164 | 205 | 254 | 25.3% |
| United States | 202 | 195 | 187 | 177 | -4.3% |
| Spain | 69.9 | 91.3 | 118 | 151 | 29.3% |
| Japan | 51.7 | 50.2 | 48.1 | 45.7 | -4.0% |
| Others | 120 | 126 | 136 | 146 | 6.8% |
| Total | 1,593 | 1,828 | 2,097 | 2,406 | 14.7% |
Top Export Markets for Manure Spreader from South Korea in 2022:
- Australia (32.0 units)
- Chile (17.0 units)
- United States (11.0 units)
- Spain (3.0 units)
- China (2.0 units)
- Russia (2.0 units)
- Japan (1.0 units)
Manure Spreader Imports in South Korea
In 2022, imports of manure spreaders and fertilizer distributors into South Korea fell to 32 units, shrinking by -5.9% compared with the previous year. Overall, imports saw a deep slump. The smallest decline of -5.6% was in 2021. Imports peaked at 40 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, manure spreader imports fell slightly to $1.8M in 2022. Over the period under review, imports continue to indicate a slight setback. The smallest decline of -1.6% was in 2021. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Manure Spreader in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 608 | 620 | 629 | 632 | 1.3% |
| Japan | 702 | 646 | 591 | 536 | -8.6% |
| Taiwan (Chinese) | 217 | 247 | 279 | 314 | 13.1% |
| United States | 188 | 168 | 149 | 131 | -11.3% |
| Ireland | 80.7 | 93.3 | 107 | 122 | 14.8% |
| Turkey | 34.0 | 30.1 | 26.4 | 23.0 | -12.2% |
| China | 13.6 | 11.6 | 9.9 | 8.3 | -15.2% |
| Denmark | 2.1 | 1.7 | 1.3 | 1.0 | -21.9% |
| Australia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 17.1 | 13.8 | 11.0 | 8.7 | -20.2% |
| Total | 1,862 | 1,832 | 1,804 | 1,776 | -1.6% |
Top Suppliers of Manure Spreader to South Korea in 2022:
- Ireland (8.0 units)
- Japan (6.0 units)
- United States (5.0 units)
- Taiwan (Chinese) (4.0 units)
- Netherlands (3.0 units)
- Turkey (2.0 units)
- Australia (1.0 units)
- Denmark (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the manure spreader 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 28303430 - Distributors for mineral or chemical fertiliser for soil preparation
- Prodcom 28303450 - Manure spreaders and fertiliser distributors (excluding for mineral or chemical fertilisers)
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.
-
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
-
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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