Republic of Korea - Non-Domestic Percolators and Equipment For Cooking Or Heating Food - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea - 2022
Contents:
- Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (CIF) - 2022
- Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (FOB) - 2022
- Imports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea
- Exports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea
Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (CIF) - 2022
The average import price for non-domestic percolators and equipment for cooking or heating food stood at $1,359 per unit in 2022, rising by 9.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. As a result, import price reached the peak level of $1,856 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($1,360 per unit) and Switzerland ($1,360 per unit), while the price for France ($1,358 per unit) and China ($1,359 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (FOB) - 2022
The average export price for non-domestic percolators and equipment for cooking or heating food stood at $3,228 per unit in 2022, falling by -12.2% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food decreased by -29.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 46% against the previous year. As a result, the export price reached the peak level of $4,596 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,484 per unit), while the average price for exports to Myanmar ($471 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 France (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea
In 2022, imports of non-domestic percolators and equipment for cooking or heating food into South Korea expanded markedly to 107K units, rising by 13% against 2021 figures. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $146M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 45.3 | 54.2 | 49.6 | 60.1 | 9.9% |
Switzerland | 16.4 | 23.5 | 27.4 | 25.5 | 15.9% |
Germany | 14.0 | 15.5 | 11.9 | 13.2 | -1.9% |
United States | 10.3 | 9.6 | 10.4 | 12.9 | 7.8% |
Japan | 23.9 | 6.1 | 1.7 | 12.3 | -19.9% |
China | 6.1 | 6.7 | 6.6 | 6.3 | 1.1% |
France | 3.3 | 1.8 | 2.2 | 3.6 | 2.9% |
Others | 6.7 | 10.3 | 7.9 | 12.1 | 21.8% |
Total | 126 | 128 | 118 | 146 | 5.0% |
Top Suppliers of Non-Domestic Percolators and Equipment for Cooking or Heating Food to South Korea in 2022:
- Italy (44.1K units)
- Switzerland (18.7K units)
- Germany (9.7K units)
- United States (9.5K units)
- Japan (9.0K units)
- China (4.6K units)
- France (2.6K units)
Exports of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea
In 2022, approx. 5.9K units of non-domestic percolators and equipment for cooking or heating food were exported from South Korea; with an increase of 78% on 2021. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $19M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Non-Domestic Percolators and Equipment for Cooking or Heating Food in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,192 | 2,165 | 3,684 | 3,828 | 6.2% |
China | 1,358 | 1,249 | 859 | 2,701 | 25.8% |
Vietnam | 919 | 927 | 1,114 | 1,734 | 23.6% |
Saudi Arabia | 147 | 176 | 104 | 1,254 | 104.3% |
France | 3.8 | 17.0 | 104 | 1,168 | 574.9% |
American Samoa | N/A | N/A | N/A | 978 | 0% |
Japan | 1,884 | 1,288 | 888 | 943 | -20.6% |
Russia | 776 | 593 | 176 | 641 | -6.2% |
India | 93.1 | 93.6 | 77.4 | 552 | 81.0% |
Malaysia | 532 | 194 | 713 | 550 | 1.1% |
Philippines | 1,700 | 727 | 294 | 500 | -33.5% |
Taiwan (Chinese) | 146 | 283 | 245 | 418 | 42.0% |
Myanmar | 10.6 | 17.4 | 0.4 | 219 | 174.4% |
Others | 2,515 | 2,279 | 3,970 | 3,601 | 12.7% |
Total | 13,277 | 10,009 | 12,230 | 19,087 | 12.9% |
Top Export Markets for Non-Domestic Percolators and Equipment for Cooking or Heating Food from South Korea in 2022:
- United States (1100.0 units)
- China (776.0 units)
- Vietnam (498.0 units)
- Myanmar (466.0 units)
- Saudi Arabia (360.0 units)
- France (336.0 units)
- American Samoa (281.0 units)
- Japan (271.0 units)
- Russia (184.0 units)
- India (159.0 units)
- Malaysia (158.0 units)
- Philippines (144.0 units)
- Taiwan (Chinese) (120.0 units)
This report provides an in-depth analysis of the market for non-domestic percolators and equipment for cooking or heating food in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28931560 - Non-domestic percolators and other appliances for making coffee and other hot drinks
- Prodcom 28931580 - Non-domestic equipment for cooking or heating food (excluding non-electric tunnel ovens, non-electric bakery ovens, non-electric percolators)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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