Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea - 2022
Contents:
- Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (FOB) - 2022
- Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (CIF) - 2022
- Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea
- Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea
Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (FOB) - 2022
The average export price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $7,005 per ton in 2022, rising by 32% against the previous year. Overall, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44%. As a result, the export price reached the peak level of $11,709 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($9,446 per ton), while the average price for exports to Pakistan ($1,171 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 Israel (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (CIF) - 2022
The average import price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $7,853 per ton in May 2021, jumping by 23% against the previous month. Overall, the import price recorded a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From January 2021 to May 2021, the rate of growth in terms of prices for India amounted to +19.4% per month.
Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea
In 2022, exports of boilers; watertube boilers with a steam production exceeding 45t per hour from South Korea dropped remarkably to 365 tons, with a decrease of -83% on the previous year's figure. Overall, exports saw a dramatic contraction. The smallest decline of -73.9% was in 2020.
In value terms, exports of boilers; watertube boilers with a steam production exceeding 45t per hour dropped notably to $2.6M in 2022. In general, exports saw a precipitous decline. The smallest decline of -74% was in 2021.
| Export of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 38.1 | 20.5 | 6.5 | 1.4 | -66.8% |
| Pakistan | 4.8 | 1.3 | N/A | 0.1 | -72.5% |
| Israel | 9.9 | 2.6 | N/A | 0.1 | -78.4% |
| Poland | 2.3 | 1.1 | 0.4 | 0.1 | -64.8% |
| Saudi Arabia | 2.9 | 1.4 | 0.4 | 0.1 | -67.5% |
| Uzbekistan | 4.3 | 1.9 | 0.5 | 0.1 | -71.5% |
| Russia | 2.6 | 4.2 | 0.2 | 0.1 | -66.2% |
| Kazakhstan | 232 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 9.8 | N/A | N/A | N/A | 0% |
| Others | 30.1 | 10.5 | 3.3 | 0.6 | -72.9% |
| Total | 337 | 43.7 | 11.4 | 2.6 | -80.2% |
Top Export Markets for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour from South Korea in 2022:
- Brazil (150.5 tons)
- Pakistan (75.3 tons)
- Uzbekistan (38.1 tons)
- Russia (32.8 tons)
- Poland (11.8 tons)
- Israel (9.9 tons)
- Saudi Arabia (9.6 tons)
- United Arab Emirates (0.4 tons)
Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea
In 2022, approx. 205 tons of boilers; watertube boilers with a steam production exceeding 45t per hour were imported into South Korea; surging by 15% compared with the previous year. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,472%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of boilers; watertube boilers with a steam production exceeding 45t per hour contracted to $1.4M in 2022. Overall, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 873% against the previous year.
| Import of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 911 | 71.8 | 326 | 575 | -14.2% |
| China | 268 | 40.0 | 595 | 425 | 16.6% |
| Germany | 289 | 30.3 | 316 | 158 | -18.2% |
| India | 66.6 | 7.1 | 210 | 131 | 25.3% |
| Singapore | 62.1 | 8.3 | 111 | 71.2 | 4.7% |
| Others | 50.5 | 3.6 | 10.4 | 6.9 | -48.5% |
| Total | 1,648 | 161 | 1,569 | 1,367 | -6.0% |
Top Suppliers of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour to South Korea in 2022:
- Japan (69.0 tons)
- Singapore (44.2 tons)
- India (38.0 tons)
- Germany (27.5 tons)
- China (25.3 tons)
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