Rafts; Inflatable Price in South Korea - 2022
Contents:
- Rafts; Inflatable Price in South Korea (CIF) - 2022
- Rafts; Inflatable Price in South Korea (FOB) - 2022
- Rafts; Inflatable Imports in South Korea
- Rafts; Inflatable Exports in South Korea
Rafts; Inflatable Price in South Korea (CIF) - 2022
In 2022, the average rafts; inflatable import price amounted to $4,610 per unit, surging by 46% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($51,933 per unit), while the price for Denmark ($1,145 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2,318.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Rafts; Inflatable Price in South Korea (FOB) - 2022
In 2022, the average rafts; inflatable export price amounted to $9,635 per unit, jumping by 644% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,764 per unit), while the average price for exports to Singapore ($1,157 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 the United States (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Rafts; Inflatable Imports in South Korea
In 2022, after two years of decline, there was significant growth in purchases abroad of rafts; inflatables, when their volume increased by 53% to 2.6K units. In general, imports, however, recorded a pronounced slump. Over the period under review, imports hit record highs at 2.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, rafts; inflatable imports surged to $12M in 2022. Overall, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rafts; Inflatable in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 3.2 | 1.4 | 5.3 | 3.4% |
| Thailand | 1.3 | 0.6 | 0.7 | 1.6 | 7.2% |
| United Kingdom | 0.3 | 0.1 | 0.2 | 1.4 | 67.1% |
| China | 1.7 | 2.7 | 1.7 | 1.2 | -11.0% |
| United States | 0.3 | 1.4 | 0.2 | 0.6 | 26.0% |
| Denmark | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Liberia | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Myanmar | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.8 | 1.0 | 1.5 | 35.7% |
| Total | 9.3 | 9.2 | 5.4 | 12.1 | 9.2% |
Top Suppliers of Rafts; Inflatable to South Korea in 2022:
- Thailand (1287.0 units)
- Denmark (345.0 units)
- China (320.0 units)
- United Kingdom (259.0 units)
- Germany (102.0 units)
- United States (98.0 units)
- Liberia (62.0 units)
- Myanmar (36.0 units)
Rafts; Inflatable Exports in South Korea
In 2022, overseas shipments of rafts; inflatables were finally on the rise to reach 124 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt decrease. The exports peaked at 232 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, rafts; inflatable exports surged to $1.2M in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rafts; Inflatable in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.8 | 9.7 | 9.0 | 1,129 | 197.7% |
| Taiwan (Chinese) | 1.9 | 0.5 | 1.6 | 29.9 | 150.6% |
| Thailand | 0.6 | 0.5 | 1.0 | 13.8 | 184.4% |
| Singapore | 55.4 | 0.5 | 3.4 | 9.3 | -44.8% |
| Japan | 15.9 | 0.3 | 0.4 | 6.5 | -25.8% |
| Hong Kong SAR | 103 | 46.2 | 20.9 | N/A | -55.0% |
| Panama | 12.5 | 6.2 | 3.0 | N/A | -51.0% |
| Belgium | N/A | 9.6 | 3.1 | N/A | -67.7% |
| Malaysia | 16.2 | 6.3 | 33.1 | N/A | 42.9% |
| Costa Rica | 12.8 | 6.9 | 3.8 | N/A | -45.5% |
| Philippines | 20.3 | 9.2 | 4.2 | N/A | -54.5% |
| Canada | 16.4 | 5.1 | 4.2 | N/A | -49.4% |
| Ghana | 9.3 | 5.1 | 2.8 | N/A | -45.1% |
| Others | 93.0 | 59.9 | 22.1 | 6.6 | -58.6% |
| Total | 400 | 166 | 113 | 1,195 | 44.0% |
Top Export Markets for Rafts; Inflatable from South Korea in 2022:
- United States (82.0 units)
- Taiwan (Chinese) (19.0 units)
- Thailand (10.0 units)
- Singapore (8.0 units)
- Japan (3.0 units)
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