Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea - 2022
Contents:
- Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (CIF) - 2022
- Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (FOB) - 2022
- Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea
- Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea
Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (CIF) - 2022
The average import price for turbines; hydraulic water wheels and regulators therefor stood at $79 thousand per unit in 2022, with a decrease of -31.2% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 87%. Over the period under review, average import prices reached the maximum at $185 thousand per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($557 thousand per unit), while the price for Thailand ($195 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (FOB) - 2022
In 2022, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $44 thousand per unit, dropping by -7.2% against the previous year. Over the period under review, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. The export price peaked at $67 thousand per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($90 thousand per unit), while the average price for exports to Mexico ($32 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 Israel (+81.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea
In 2022, after two years of decline, there was significant growth in overseas purchases of turbines; hydraulic water wheels and regulators therefor, when their volume increased by 50% to 63 units. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at 64 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of turbines; hydraulic water wheels and regulators therefor amounted to $5M in 2022. Overall, imports, however, recorded a significant decrease. Over the period under review, imports of reached the maximum at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 197 | 215 | 1,078 | 2,708 | 139.5% |
Germany | 9,184 | 1,078 | 50.2 | 1,109 | -50.6% |
Japan | 449 | 251 | 726 | 557 | 7.4% |
Czech Republic | 25.0 | 680 | N/A | 505 | 172.3% |
Taiwan (Chinese) | N/A | 16.0 | 0.5 | 6.0 | -38.8% |
Italy | 93.0 | 658 | 12.9 | 5.9 | -60.1% |
Hong Kong SAR | 2.3 | N/A | N/A | 5.7 | 35.3% |
Canada | N/A | N/A | 0.1 | 4.9 | 4800.0% |
Netherlands | N/A | N/A | N/A | 3.3 | 0% |
Slovenia | N/A | 547 | N/A | 3.0 | -92.6% |
India | 1.2 | 0.3 | 2.2 | 2.2 | 22.4% |
Spain | 0.2 | 563 | 46.1 | 0.6 | 44.2% |
Thailand | 0.9 | N/A | N/A | 0.2 | -39.4% |
Others | 1,864 | 1,408 | 2,896 | 58.3 | -68.5% |
Total | 11,817 | 5,418 | 4,812 | 4,969 | -25.1% |
Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to South Korea in 2022:
- China (46.0 units)
- Germany (4.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- Czech Republic (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Japan (1.0 units)
- India (1.0 units)
- Slovenia (1.0 units)
- Spain (1.0 units)
- Thailand (1.0 units)
- Hong Kong SAR (1.0 units)
Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea
In 2022, approx. 25 units of turbines; hydraulic water wheels and regulators therefor were exported from South Korea; reducing by -63.2% compared with 2021. Overall, exports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 74%. The exports peaked at 97 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbines; hydraulic water wheels and regulators therefor fell sharply to $1.1M in 2022. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 58%. Over the period under review, the exports of hit record highs at $3.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Turbines; Hydraulic Water Wheels and Regulators Therefor in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,714 | 822 | 1,957 | 991 | -16.7% |
Malaysia | N/A | N/A | 0.6 | 79.8 | 13200.0% |
Russia | N/A | 5.9 | N/A | 11.9 | 42.0% |
France | N/A | N/A | N/A | 3.3 | 0% |
Israel | N/A | 0.8 | N/A | 2.7 | 83.7% |
Indonesia | 0.2 | 2.5 | 3.4 | 2.1 | 119.0% |
Philippines | 33.6 | N/A | N/A | 1.5 | -64.5% |
China | 91.0 | 2.1 | N/A | 0.6 | -81.2% |
Poland | N/A | 0.1 | 4.0 | 0.5 | 123.6% |
Austria | N/A | 0.3 | 8.5 | 0.5 | 29.1% |
Oman | N/A | N/A | N/A | 0.3 | 0% |
Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
Mexico | 0.5 | 1.7 | 4.8 | N/A | 209.8% |
Others | 2,001 | 1,198 | 1,240 | 3.7 | -87.7% |
Total | 3,840 | 2,033 | 3,218 | 1,098 | -34.1% |
Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from South Korea in 2022:
- Japan (11.0 units)
- Israel (1.0 units)
- Bangladesh (1.0 units)
- Mexico (1.0 units)
- Russia (1.0 units)
- Oman (1.0 units)
- Poland (1.0 units)
- Indonesia (1.0 units)
- France (1.0 units)
- Malaysia (1.0 units)
- Austria (1.0 units)
- China (1.0 units)
- Philippines (1.0 units)
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