Republic of Korea - Vacuum Cleaners Without Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Vacuum Cleaner Without Motor in South Korea - 2022
Contents:
- Price for Vacuum Cleaner Without Motor in South Korea (CIF) - 2022
- Price for Vacuum Cleaner Without Motor in South Korea (FOB) - 2022
- Imports of Vacuum Cleaner Without Motor in South Korea
- Exports of Vacuum Cleaner Without Motor in South Korea
Price for Vacuum Cleaner Without Motor in South Korea (CIF) - 2022
The average vacuum cleaner without motor import price stood at $152 per unit in 2022, waning by -4% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2014 when the average import price increased by 373%. As a result, import price reached the peak level of $200 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($152 per unit) and the United States ($152 per unit), while the price for Germany ($152 per unit) and Italy ($152 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.4%), while the prices for the other major suppliers experienced a decline.
Price for Vacuum Cleaner Without Motor in South Korea (FOB) - 2022
In 2022, the average vacuum cleaner without motor export price amounted to $196 per unit, reducing by -4.7% against the previous year. In general, the export price, however, showed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 324% against the previous year. The export price peaked at $228 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($198 per unit) and China ($196 per unit), while the average price for exports to the United Arab Emirates ($194 per unit) and Bangladesh ($196 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Vacuum Cleaner Without Motor in South Korea
In 2022, imports of vacuum cleaners without motor into South Korea skyrocketed to 19K units, growing by 31% against the previous year. Over the period under review, imports, however, continue to indicate a significant decline. Over the period under review, imports hit record highs at 56K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, vacuum cleaner without motor imports skyrocketed to $2.8M in 2022. In general, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports attained the peak figure at $4.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Vacuum Cleaner Without Motor in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,309 | 553 | 1,355 | 2,148 | -13.4% |
Italy | 182 | 147 | 256 | 351 | 24.5% |
United States | 624 | 214 | 259 | 229 | -28.4% |
Japan | 178 | 28.5 | 23.0 | 18.3 | -53.2% |
Thailand | 259 | 0.1 | 16.0 | 0.8 | -85.4% |
Others | 363 | 457 | 356 | 91.0 | -36.9% |
Total | 4,915 | 1,400 | 2,264 | 2,838 | -16.7% |
Top Suppliers of Vacuum Cleaner Without Motor to South Korea in 2022:
- Thailand (undefinedK units)
- China (14.1K units)
- Italy (2.3K units)
- United States (1.5K units)
- Japan (0.1K units)
Exports of Vacuum Cleaner Without Motor in South Korea
In 2022, exports of vacuum cleaners without motor from South Korea shrank sharply to 6K units, which is down by -24.8% against the previous year's figure. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -15.6% was in 2021. Over the period under review, the exports attained the maximum at 27K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, vacuum cleaner without motor exports fell remarkably to $1.2M in 2022. In general, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 47%. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Vacuum Cleaner Without Motor in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 127 | 247 | 328 | 222 | 20.5% |
Australia | 170 | 347 | 226 | 206 | 6.6% |
Vietnam | 187 | 343 | 194 | 200 | 2.3% |
China | 171 | 322 | 155 | 100 | -16.4% |
Israel | 1.8 | 9.1 | 8.5 | 89.4 | 267.6% |
Bangladesh | 1.8 | 1.9 | 52.4 | 87.6 | 265.1% |
Japan | 225 | 310 | 172 | 76.1 | -30.3% |
Russia | 27.6 | 33.9 | 220 | N/A | 182.3% |
Sudan | 85.3 | N/A | N/A | N/A | 0% |
Others | 291 | 277 | 282 | 192 | -12.9% |
Total | 1,288 | 1,891 | 1,639 | 1,173 | -3.1% |
Top Export Markets for Vacuum Cleaner Without Motor from South Korea in 2022:
- United States (1134.0 units)
- Australia (1055.0 units)
- Vietnam (1022.0 units)
- China (513.0 units)
- Israel (457.0 units)
- Bangladesh (448.0 units)
- Japan (389.0 units)
This report provides an in-depth analysis of the market for vacuum cleaner without motor in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512410 - Vacuum cleaners, including dry cleaners and wet vacuum cleaners (excluding with self-contained electric motor)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for vacuum cleaner without motor in Republic of Korea.
This report provides an in-depth analysis of the market for vacuum cleaner with motor in Republic of Korea.
This report provides an in-depth analysis of the global market for vacuum cleaner without motor.
This report provides an in-depth analysis of the global market for vacuum cleaner with motor.
This report provides an in-depth analysis of the market for vacuum cleaner without motor in Republic of Korea.
This report provides an in-depth analysis of the market for vacuum cleaner with motor in Republic of Korea.
This report provides an in-depth analysis of the global market for vacuum cleaner without motor.
This report provides an in-depth analysis of the global market for vacuum cleaner with motor.
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...
In 2016, approx. X tons of vacuum cleaner were imported worldwide- import ,therefore, remained relatively stable against the previous year figure. In general, vacuum cleaner imports continue to i...