Price for Antiques; of an Age Exceeding One Hundred Years in South Korea - 2022

Contents:

  1. Price for Antiques; of an Age Exceeding One Hundred Years in South Korea (CIF) - 2022
  2. Price for Antiques; of an Age Exceeding One Hundred Years in South Korea (FOB) - 2022
  3. Imports of Antiques; of an Age Exceeding One Hundred Years in South Korea
  4. Exports of Antiques; of an Age Exceeding One Hundred Years in South Korea

Price for Antiques; of an Age Exceeding One Hundred Years in South Korea (CIF) - 2022

The average import price for antiques; of an age exceeding one hundred yearses stood at $1,177,773 per ton in 2022, falling by -33.1% against the previous year. Over the period under review, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 187% against the previous year. The import price peaked at $1,760,258 per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,973,468 per ton), while the price for Japan ($370,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antiques; of an Age Exceeding One Hundred Years in South Korea (FOB) - 2022

The average export price for antiques; of an age exceeding one hundred yearses stood at $646,757 per ton in 2022, with a decrease of -16.7% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 85%. Over the period under review, the average export prices reached the maximum at $4,473,590 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($12,679,750 per ton), while the average price for exports to Hong Kong SAR ($211,426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antiques; of an Age Exceeding One Hundred Years in South Korea

In 2022, approx. 12 tons of antiques; of an age exceeding one hundred yearses were imported into South Korea; which is down by -75.2% against 2021 figures. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 241% against the previous year. As a result, imports attained the peak of 50 tons, and then shrank sharply in the following year.

In value terms, imports of antiques; of an age exceeding one hundred yearses fell significantly to $14M in 2022. In general, imports showed a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 372%. As a result, imports reached the peak of $39M, and then reduced notably in the following year.

Import of Antiques; of an Age Exceeding One Hundred Years in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.91.72.23.01.1%
Italy3.10.63.92.4-8.2%
France2.40.73.32.40.0%
Japan2.81.54.02.3-6.3%
United Kingdom1.81.54.41.6-3.9%
Germany0.30.20.30.518.6%
Egypt0.1N/A6.40.458.7%
China0.10.20.40.458.7%
SwitzerlandN/A1.613.40.3-56.7%
BelgiumN/AN/A0.10.2100.0%
Others1.10.40.50.3-35.2%
Total14.68.338.913.8-1.9%

Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to South Korea in 2022:

  1. Japan (6.3 tons)
  2. United States (2.1 tons)
  3. France (0.7 tons)
  4. United Kingdom (0.7 tons)
  5. Switzerland (0.5 tons)
  6. Germany (0.5 tons)
  7. Belgium (0.4 tons)
  8. Italy (0.3 tons)
  9. Egypt (0.3 tons)
  10. China (0.3 tons)

Exports of Antiques; of an Age Exceeding One Hundred Years in South Korea

In 2022, approx. 646 kg of antiques; of an age exceeding one hundred yearses were exported from South Korea; with an increase of 128% on 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of antiques; of an age exceeding one hundred yearses soared to $521K in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Antiques; of an Age Exceeding One Hundred Years in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.1N/A54.52031166.2%
Hong Kong SARN/AN/A21.0102385.7%
United Kingdom72.92.530.362.0-5.3%
Australia35.0138N/A60.419.9%
United States2391.422113.6-61.5%
France9.5N/AN/A0.7-58.1%
Others21.70.64.379.354.0%
Total37814233152111.3%

Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from South Korea in 2022:

  1. Hong Kong SAR (481.0 kg)
  2. Australia (103.0 kg)
  3. United Kingdom (16.0 kg)
  4. Japan (16.0 kg)
  5. United States (9.0 kg)
  6. France (4.0 kg)

Source: IndexBox Market Intelligence Platform

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