Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea - 2022

Contents:

  1. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (CIF) - 2022
  2. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (FOB) - 2022
  3. Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea
  4. Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (CIF) - 2022

The average import price for postage-franking machines, ticket-issuing machines which print ticketses stood at $80 per unit in 2022, waning by -5.2% against the previous year. In general, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 98%. As a result, import price reached the peak level of $1,057 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 China ($83 per unit), while the price for Japan ($6.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-12.7%), while the prices for the other major suppliers experienced a decline.

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (FOB) - 2022

The average export price for postage-franking machines, ticket-issuing machines which print ticketses stood at $146 per unit in 2022, shrinking by -26% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 315%. Over the period under review, the average export prices reached the peak figure at $796 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($758 per unit), while the average price for exports to South Africa ($25 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 Kenya (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea

In 2022, approx. 37K units of postage-franking machines, ticket-issuing machines which print ticketses were imported into South Korea; surging by 98% against the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses surged to $2.9M in 2022. In general, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4397401,0892,51920.5%
Italy13.0670325124112.1%
Slovenia12066.336.21210.3%
Japan6.09.50.319.247.4%
Malaysia10.940.157.11.1-53.4%
Others29635563.7161-18.4%
Total1,8851,8811,5722,94616.0%

Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to South Korea in 2022:

  1. China (30.2K units)
  2. Japan (2.8K units)
  3. Italy (1.5K units)
  4. Slovenia (1.5K units)
  5. Malaysia (0.1K units)

Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea

In 2022, approx. 19K units of postage-franking machines, ticket-issuing machines which print ticketses were exported from South Korea; rising by 64% compared with the year before. Over the period under review, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, the exports attained the peak of 22K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of postage-franking machines, ticket-issuing machines which print ticketses surged to $2.8M in 2022. Overall, exports, however, saw a deep setback. Over the period under review, the exports of attained the maximum at $3.8M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand32815329.445611.6%
Myanmar14.713.179.0363191.2%
Saudi Arabia10450.635430042.4%
Japan98.831720114112.6%
Hong Kong SAR58.023316.413131.2%
Colombia344864276104-32.9%
South Africa3.08.641.873.0189.8%
Austria0.342.966.055.8470.8%
Philippines2.32.21.253.5185.5%
Kenya32.31.38.334.32.0%
United Kingdom19.110527.229.515.6%
Spain33.174.644.228.5-4.9%
Singapore4.028.21.113.148.5%
Others2,3601,8631,129981-25.4%
Total3,4013,7562,2752,764-6.7%

Top Export Markets for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets from South Korea in 2022:

  1. South Africa (2.9K units)
  2. Japan (2.5K units)
  3. Austria (2.0K units)
  4. Philippines (1.9K units)
  5. Myanmar (1.2K units)
  6. Spain (1.1K units)
  7. Saudi Arabia (1.0K units)
  8. United Kingdom (1.0K units)
  9. Hong Kong SAR (0.6K units)
  10. New Zealand (0.6K units)
  11. Singapore (0.5K units)
  12. Colombia (0.4K units)
  13. Kenya (0.4K units)

Source: IndexBox Market Intelligence Platform

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