Price for Drafting Tables and Machines; Whether or Not Automatic in South Korea - 2022

Contents:

  1. Price for Drafting Tables and Machines; Whether or Not Automatic in South Korea (FOB) - 2022
  2. Price for Drafting Tables and Machines; Whether or Not Automatic in South Korea (CIF) - 2022
  3. Exports of Drafting Tables and Machines; Whether or Not Automatic in South Korea
  4. Imports of Drafting Tables and Machines; Whether or Not Automatic in South Korea

Price for Drafting Tables and Machines; Whether or Not Automatic in South Korea (FOB) - 2022

In 2022, the average export price for drafting tables and machines; whether or not automatics amounted to $297 per unit, growing by 67% against the previous year. Overall, the export price, however, saw a noticeable slump. Over the period under review, the average export prices reached the maximum at $453 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,003 per unit), while the average price for exports to Myanmar ($29 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 Japan (+10.7%), while the prices for the other major destinations experienced a decline.

Price for Drafting Tables and Machines; Whether or Not Automatic in South Korea (CIF) - 2022

The average import price for drafting tables and machines; whether or not automatics stood at $778 per unit in 2022, growing by 243% against the previous year. Overall, the import price showed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,454 per unit), while the price for Austria ($81 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Drafting Tables and Machines; Whether or Not Automatic in South Korea

In 2022, after three years of growth, there was significant decline in shipments abroad of drafting tables and machines; whether or not automatics, when their volume decreased by -53.6% to 2.5K units. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 5.5K units, and then reduced remarkably in the following year.

In value terms, exports of drafting tables and machines; whether or not automatics dropped markedly to $755K in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of $976K, and then dropped dramatically in the following year.

Export of Drafting Tables and Machines; Whether or Not Automatic in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan42539759861313.0%
China2.535.959.874.4209.9%
Myanmar3.62.611.920.277.7%
Hong Kong SAR1.32.421.519.7147.5%
Taiwan (Chinese)6.44.84.63.9-15.2%
Thailand26.212.81.51.9-58.3%
Dominican RepublicN/AN/A3.8N/A0%
Germany6.86.99.6N/A18.8%
Austria17.817.822.2N/A11.7%
Others26018424322.2-56.0%
Total7506649767550.2%

Top Export Markets for Drafting Tables and Machines; Whether or Not Automatic from South Korea in 2022:

  1. China (888.0 units)
  2. Myanmar (708.0 units)
  3. Japan (611.0 units)
  4. Hong Kong SAR (187.0 units)
  5. Taiwan (Chinese) (42.0 units)
  6. Thailand (35.0 units)

Imports of Drafting Tables and Machines; Whether or Not Automatic in South Korea

After three years of growth, purchases abroad of drafting tables and machines; whether or not automatics decreased by -88.3% to 815 units in 2022. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 105%. Imports peaked at 7K units in 2021, and then contracted markedly in the following year.

In value terms, imports of drafting tables and machines; whether or not automatics dropped remarkably to $634K in 2022. Overall, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year. Over the period under review, imports of hit record highs at $1.6M in 2021, and then reduced rapidly in the following year.

Import of Drafting Tables and Machines; Whether or Not Automatic in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34161287057018.7%
United States4.65.88.118.258.2%
United Kingdom11.81.66.816.912.7%
France6.51.82.113.527.6%
Japan0.83.52.711.1140.3%
Austria0.11.02.91.5146.6%
Italy67.93161480.8-77.2%
Hong Kong SAR10.54.52.50.8-57.6%
Belgium0.40.5527N/A3529.7%
Denmark1.60.81.5N/A-3.2%
Others9.030.89.81.5-45.0%
Total4559791,58163411.7%

Top Suppliers of Drafting Tables and Machines; Whether or Not Automatic to South Korea in 2022:

  1. China (392.0 units)
  2. United States (187.0 units)
  3. United Kingdom (146.0 units)
  4. Japan (37.0 units)
  5. France (18.0 units)
  6. Austria (18.0 units)
  7. Italy (5.0 units)
  8. Hong Kong SAR (5.0 units)

Source: IndexBox Market Intelligence Platform

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