Price for Sailboards for Water Sport in South Korea - 2022
Contents:
- Price for Sailboards for Water Sport in South Korea (CIF) - 2022
- Price for Sailboards for Water Sport in South Korea (FOB) - 2022
- Imports of Sailboards for Water Sport in South Korea
- Exports of Sailboards for Water Sport in South Korea
Price for Sailboards for Water Sport in South Korea (CIF) - 2022
The average sailboards for water sport import price stood at $834 per unit in 2022, waning by -6.6% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the peak figure at $893 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,422 per unit), while the price for the Netherlands ($153 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+187.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sailboards for Water Sport in South Korea (FOB) - 2022
In 2022, the average sailboards for water sport export price amounted to $1,955 per unit, surging by 18% against the previous year. In general, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 98%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($4,642 per unit), while the average price for exports to Poland ($61 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 (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sailboards for Water Sport in South Korea
After three years of growth, overseas purchases of sailboards for water sport decreased by -17.2% to 409 units in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports attained the peak of 494 units, and then shrank markedly in the following year.
In value terms, sailboards for water sport imports dropped notably to $342K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of $441K, and then contracted remarkably in the following year.
| Import of Sailboards for Water Sport in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 5.1 | 11.4 | 116 | 91.1 | 161.4% |
| China | 12.3 | 23.9 | 90.7 | 40.8 | 49.1% |
| New Zealand | 25.8 | 24.1 | 43.2 | 40.5 | 16.2% |
| France | 9.0 | 10.7 | 4.1 | 14.0 | 15.9% |
| United States | 36.4 | 42.0 | 39.9 | 13.3 | -28.5% |
| Netherlands | 0.1 | 4.3 | 4.8 | 6.3 | 297.9% |
| Italy | 2.8 | 0.6 | 5.1 | 5.5 | 25.2% |
| Romania | 0.7 | 0.8 | 4.0 | 5.4 | 97.6% |
| Denmark | N/A | N/A | 0.2 | 3.9 | 1850.0% |
| Croatia | 4.3 | 2.4 | 2.2 | 2.8 | -13.3% |
| Czech Republic | 1.7 | 1.3 | 1.4 | 2.4 | 12.2% |
| Sri Lanka | 7.1 | 3.9 | 4.0 | 1.7 | -37.9% |
| Others | 72.0 | 116 | 125 | 114 | 16.6% |
| Total | 177 | 242 | 441 | 342 | 24.6% |
Top Suppliers of Sailboards for Water Sport to South Korea in 2022:
- China (94.0 units)
- New Zealand (73.0 units)
- Thailand (53.0 units)
- Netherlands (41.0 units)
- United States (39.0 units)
- France (24.0 units)
- Czech Republic (13.0 units)
- Romania (11.0 units)
- Italy (10.0 units)
- Denmark (8.0 units)
- Croatia (7.0 units)
- Sri Lanka (1.0 units)
Exports of Sailboards for Water Sport in South Korea
In 2022, overseas shipments of sailboards for water sport decreased by -33.3% to 24 units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 7.9%. As a result, the exports attained the peak of 41 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sailboards for water sport exports dropped remarkably to $47K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 109%. The exports peaked at $59K in 2021, and then contracted rapidly in the following year.
| Export of Sailboards for Water Sport in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.2 | 8.7 | 2.7 | 12.9 | 16.3% |
| France | 2.6 | 0.1 | 4.8 | 4.1 | 16.4% |
| Germany | 1.5 | 3.4 | 4.9 | 4.0 | 38.7% |
| Netherlands | 1.8 | 3.8 | 5.1 | 3.8 | 28.3% |
| New Zealand | 0.8 | 1.7 | 2.5 | 2.0 | 35.7% |
| Russia | 0.5 | 1.4 | 2.2 | 2.0 | 58.7% |
| Vietnam | 0.5 | 1.2 | 1.8 | 1.6 | 47.4% |
| United States | 0.1 | 1.1 | 1.6 | 1.4 | 141.0% |
| Spain | 0.3 | 0.6 | 0.5 | 0.7 | 32.6% |
| Poland | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Denmark | N/A | N/A | 14.7 | N/A | 0% |
| Portugal | N/A | 6.0 | N/A | N/A | 0% |
| Others | 0.6 | 7.4 | 18.4 | 14.8 | 191.1% |
| Total | 16.9 | 35.4 | 59.4 | 47.4 | 41.0% |
Top Export Markets for Sailboards for Water Sport from South Korea in 2022:
- United States (6.0 units)
- Russia (5.0 units)
- Japan (4.0 units)
- New Zealand (2.0 units)
- Netherlands (1.0 units)
- Poland (1.0 units)
- France (1.0 units)
- Vietnam (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
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