Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea - 2022

Contents:

1. Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea (CIF) - 2022
2. Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea (FOB) - 2022
3. Imports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea
4. Exports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea

Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea (CIF) - 2022

In 2022, the average import price for ground flying trainers and parts thereof; air combat simulators and parts thereoves amounted to $2,023,915 per ton, jumping by 107% against the previous year. Overall, the import price recorded a remarkable increase. The growth pace was the most rapid in 2018 an increase of 331%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($4,410,447 per ton), while the price for the United States totaled $1,836,599 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea (FOB) - 2022

In 2022, the average export price for ground flying trainers and parts thereof; air combat simulators and parts thereoves amounted to $494,286 per ton, rising by 4.9% against the previous year. Over the period under review, the export price saw a strong increase. The growth pace was the most rapid in 2015 an increase of 112% against the previous year. The export price peaked at $914,584 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +6.2% per year.

Imports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea

In 2022, the amount of ground flying trainers and parts thereof; air combat simulators and parts thereoves imported into South Korea contracted significantly to 609 kg, which is down by -93.5% compared with the previous year's figure. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 2,454%. As a result, imports reached the peak of 9.3 tons, and then reduced markedly in the following year.

In value terms, imports of ground flying trainers and parts thereof; air combat simulators and parts thereoves shrank sharply to $1.2M in 2022. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 2,639% against the previous year. As a result, imports reached the peak of $9.1M, and then dropped significantly in the following year.

Top Suppliers of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof to South Korea in 2022:

1. United States (554.0 kg)
2. Israel (47.0 kg)
3. Italy (2.0 kg)

Exports of Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof in South Korea

In 2022, shipments abroad of ground flying trainers and parts thereof; air combat simulators and parts thereoves decreased by -89.3% to 35 kg, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 317%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ground flying trainers and parts thereof; air combat simulators and parts thereoves shrank markedly to $17K in 2022. Over the period under review, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 104%. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Ground Flying Trainers and Parts Thereof; Air Combat Simulators and Parts Thereof from South Korea in 2022:

1. United States (35.0 kg)

Source: IndexBox Market Intelligence Platform