Price for Book-Binding Machinery; Including Book-Sewing Machines in South Korea - 2022
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in South Korea (CIF) - 2022
- Price for Book-Binding Machinery; Including Book-Sewing Machines in South Korea (FOB) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in South Korea
- Exports of Book-Binding Machinery; Including Book-Sewing Machines in South Korea
Price for Book-Binding Machinery; Including Book-Sewing Machines in South Korea (CIF) - 2022
The average import price for book-binding machinery; including book-sewing machineses stood at $228 per unit in 2022, picking up by 12% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 28% against the previous year. The import price peaked at $272 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($738 per unit), while the price for Japan ($135 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Book-Binding Machinery; Including Book-Sewing Machines in South Korea (FOB) - 2022
The average export price for book-binding machinery; including book-sewing machineses stood at $310 per unit in 2022, dropping by -23.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $404 per unit in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,942 per unit), while the average price for exports to Pakistan ($35 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 Mexico (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in South Korea
In 2022, supplies from abroad of book-binding machinery; including book-sewing machineses decreased by -14.8% to 47K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of 55K units, and then fell in the following year.
In value terms, book-binding machinery; including book-sewing machines imports reduced slightly to $11M in 2022. Over the period under review, imports showed a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 11%. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Book-Binding Machinery; Including Book-Sewing Machines in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.5 | 1.6 | 2.5 | 2.2 | 13.6% |
| Germany | 3.6 | 2.1 | 2.4 | 2.1 | -16.4% |
| China | 1.7 | 1.7 | 1.7 | 0.8 | -22.2% |
| Switzerland | 0.6 | 0.3 | 0.1 | 0.4 | -12.6% |
| Others | 4.7 | 4.6 | 4.6 | 5.1 | 2.8% |
| Total | 12.1 | 10.2 | 11.3 | 10.8 | -3.7% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to South Korea in 2022:
- Japan (16.5K units)
- China (5.9K units)
- Germany (3.7K units)
- Switzerland (0.6K units)
Exports of Book-Binding Machinery; Including Book-Sewing Machines in South Korea
In 2022, overseas shipments of book-binding machinery; including book-sewing machineses were finally on the rise to reach 13K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep setback. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, book-binding machinery; including book-sewing machines exports skyrocketed to $4M in 2022. In general, exports, however, continue to indicate a deep contraction. Over the period under review, the exports attained the maximum at $5.1M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Book-Binding Machinery; Including Book-Sewing Machines in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 748 | 477 | 220 | 536 | -10.5% |
| United States | 586 | 487 | 525 | 485 | -6.1% |
| Mexico | 172 | 410 | 261 | 380 | 30.2% |
| Indonesia | 295 | 290 | 79.8 | 220 | -9.3% |
| Zimbabwe | 107 | 245 | 150 | 210 | 25.2% |
| Hong Kong SAR | 310 | 299 | 153 | 188 | -15.4% |
| Vietnam | 280 | 83.1 | 42.5 | 154 | -18.1% |
| Taiwan (Chinese) | 251 | 52.3 | 6.9 | 121 | -21.6% |
| Thailand | 129 | 50.5 | 46.7 | 84.6 | -13.1% |
| Bangladesh | 64.3 | 165 | 16.5 | 69.4 | 2.6% |
| India | 144 | 3.5 | 13.2 | 16.5 | -51.4% |
| Pakistan | 6.9 | 10.8 | 4.2 | 6.9 | 0.0% |
| China | 642 | 408 | 30.3 | 6.1 | -78.8% |
| Others | 1,085 | 2,121 | 1,322 | 1,508 | 11.6% |
| Total | 4,821 | 5,101 | 2,871 | 3,986 | -6.1% |
Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from South Korea in 2022:
- Indonesia (1951.0 units)
- Hong Kong SAR (1886.0 units)
- Japan (1301.0 units)
- Vietnam (1289.0 units)
- Bangladesh (1172.0 units)
- United States (738.0 units)
- Taiwan (Chinese) (509.0 units)
- Zimbabwe (445.0 units)
- India (427.0 units)
- Thailand (422.0 units)
- Pakistan (197.0 units)
- Mexico (195.0 units)
- China (36.0 units)
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