Price for Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea - 2022

Contents:

1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea (CIF) - 2022
2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea (FOB) - 2022
3. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea
4. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea (CIF) - 2022

In 2022, the average import price for saws for working in the hand, with self-contained electric motor amounted to $58 per unit, dropping by -21.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 20%. Over the period under review, average import prices reached the maximum at $79 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Mexico ($58 per unit) and Japan ($58 per unit), while the price for Hungary ($58 per unit) and the UK ($58 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea (FOB) - 2022

The average export price for saws for working in the hand, with self-contained electric motor stood at $55 per unit in 2022, growing by 982% against the previous year. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices reached the maximum at $105 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iraq ($60 per unit) and Kazakhstan ($54 per unit), while the average price for exports to Singapore ($54 per unit) and Belgium ($54 per unit) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea

After three years of growth, purchases abroad of saws for working in the hand, with self-contained electric motor decreased by -7.5% to 397K units in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of 429K units, and then fell in the following year.

In value terms, imports of saws for working in the hand, with self-contained electric motor dropped remarkably to $23M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of $32M, and then shrank significantly in the following year.

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to South Korea in 2022:

1. China (299.3K units)
2. Mexico (34.6K units)
3. Czech Republic (12.8K units)
4. Germany (12.1K units)
5. Taiwan (Chinese) (9.3K units)
6. Japan (9.3K units)
7. Hungary (9.0K units)

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in South Korea

In 2022, after three years of growth, there was significant decline in shipments abroad of saws for working in the hand, with self-contained electric motor, when their volume decreased by -61.5% to 3.9K units. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 224%. The exports peaked at 10K units in 2021, and then fell rapidly in the following year.

In value terms, exports of saws for working in the hand, with self-contained electric motor surged to $213K in 2022. In general, exports, however, posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from South Korea in 2022:

1. Vietnam (866.0 units)
2. Philippines (777.0 units)
3. United States (688.0 units)
4. Uzbekistan (319.0 units)
5. Singapore (315.0 units)
6. Iraq (238.0 units)
7. Indonesia (149.0 units)
8. Belgium (120.0 units)
9. Bangladesh (43.0 units)
10. Japan (18.0 units)
11. China (5.0 units)

Source: IndexBox Market Intelligence Platform