Price for Tools, Hand; Chain Saw Blades in South Korea - 2022

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in South Korea (CIF) - 2022
  2. Price for Tools, Hand; Chain Saw Blades in South Korea (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in South Korea
  4. Exports of Tools, Hand; Chain Saw Blades in South Korea

Price for Tools, Hand; Chain Saw Blades in South Korea (CIF) - 2022

In 2022, the average import price for tools, hand; chain saw bladeses amounted to $21,840 per ton, approximately equating the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $26,698 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($28,974 per ton), while the price for China ($14,756 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Chain Saw Blades in South Korea (FOB) - 2022

The average export price for tools, hand; chain saw bladeses stood at $19,588 per ton in 2022, with an increase of 7.4% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 455%. The export price peaked at $75,292 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($20,541 per ton), while the average price for exports to Indonesia totaled $14,456 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-11.6%), while the prices for the other major destinations experienced a decline.

Imports of Tools, Hand; Chain Saw Blades in South Korea

In 2022, approx. 223 tons of tools, hand; chain saw bladeses were imported into South Korea; with a decrease of -2.7% on the year before. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5.5% against the previous year. As a result, imports attained the peak of 229 tons, and then shrank modestly in the following year.

In value terms, tools, hand; chain saw blades imports fell slightly to $4.9M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.4% against the previous year. As a result, imports reached the peak of $5M, and then declined modestly in the following year.

Import of Tools, Hand; Chain Saw Blades in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland8999141,4291,31013.4%
China1,0821,3471,4171,2996.3%
Canada1,5081,4231,3351,284-5.2%
United States953678740714-9.2%
Sweden41834564.1249-15.9%
Others51.914.638.417.0-31.1%
Total4,9114,7225,0244,873-0.3%

Top Suppliers of Tools, Hand; Chain Saw Blades to South Korea in 2022:

  1. China (88.0 tons)
  2. Canada (50.9 tons)
  3. Switzerland (50.5 tons)
  4. United States (24.8 tons)
  5. Sweden (8.6 tons)

Exports of Tools, Hand; Chain Saw Blades in South Korea

In 2022, approx. 12 tons of tools, hand; chain saw bladeses were exported from South Korea; reducing by -40.9% against 2021 figures. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 452%.

In value terms, tools, hand; chain saw blades exports fell dramatically to $238K in 2022. Overall, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 272%.

Export of Tools, Hand; Chain Saw Blades in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51394.4228211-25.6%
Indonesia1326.484.627.5-40.7%
Kazakhstan31.8N/AN/AN/A0%
VietnamN/AN/A60.7N/A0%
United Arab Emirates6.3N/AN/AN/A0%
OthersN/A0.11.8N/A1700.0%
Total683101376238-29.6%

Top Export Markets for Tools, Hand; Chain Saw Blades from South Korea in 2022:

  1. China (10.3 tons)
  2. Indonesia (1.9 tons)

Source: IndexBox Market Intelligence Platform

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