Price for Metal-Rolling Mills; Tube Mills in South Korea - 2022
Contents:
- Price for Metal-Rolling Mills; Tube Mills in South Korea (FOB) - 2022
- Price for Metal-Rolling Mills; Tube Mills in South Korea (CIF) - 2022
- Exports of Metal-Rolling Mills; Tube Mills in South Korea
- Imports of Metal-Rolling Mills; Tube Mills in South Korea
Price for Metal-Rolling Mills; Tube Mills in South Korea (FOB) - 2022
In 2022, the average metal-rolling mills; tube mills export price amounted to $71,670 per unit, approximately mirroring the previous year. In general, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 133%. Over the period under review, the average export prices attained the peak figure at $71,763 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($241,655 per unit), while the average price for exports to Mexico ($4,150 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 Thailand (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal-Rolling Mills; Tube Mills in South Korea (CIF) - 2022
In 2022, the average metal-rolling mills; tube mills import price amounted to $7,327 per unit, shrinking by -43.5% against the previous year. In general, the import price faced a deep setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27%. The import price peaked at $61,575 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($39,169 per unit), while the price for the Netherlands ($2,876 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 States (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Metal-Rolling Mills; Tube Mills in South Korea
Metal-rolling mills; tube mills exports from South Korea reduced dramatically to 190 units in 2022, dropping by -38.5% compared with 2021 figures. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 194%. The exports peaked at 761 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, metal-rolling mills; tube mills exports contracted significantly to $14M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 338% against the previous year. As a result, the exports reached the peak of $22M, and then reduced remarkably in the following year.
| Export of Metal-Rolling Mills; Tube Mills in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.7 | 1.9 | 2.7 | 3.2 | -12.0% |
| Italy | 6.1 | 0.5 | 1.9 | 2.4 | -26.7% |
| Russia | 1.7 | 0.8 | 1.5 | 1.7 | 0.0% |
| China | 0.7 | 0.1 | 1.6 | 1.7 | 34.4% |
| Oman | 2.2 | 0.9 | 1.3 | 1.3 | -16.1% |
| Vietnam | 0.2 | N/A | 0.9 | 1.0 | 71.0% |
| India | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
| Japan | 0.9 | 0.2 | 0.1 | 0.3 | -30.7% |
| United States | 2.2 | N/A | 6.1 | 0.1 | -64.3% |
| Mexico | N/A | N/A | N/A | N/A | 0% |
| Others | 1.7 | 0.5 | 5.8 | 1.6 | -2.0% |
| Total | 21.1 | 5.1 | 22.1 | 13.6 | -13.6% |
Top Export Markets for Metal-Rolling Mills; Tube Mills from South Korea in 2022:
- Italy (53.0 units)
- Oman (29.0 units)
- Vietnam (22.0 units)
- Thailand (19.0 units)
- India (18.0 units)
- Japan (11.0 units)
- Mexico (7.0 units)
- Russia (7.0 units)
- China (4.0 units)
- United States (1.0 units)
Imports of Metal-Rolling Mills; Tube Mills in South Korea
Metal-rolling mills; tube mills imports into South Korea surged to 662 units in 2022, increasing by 75% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal-rolling mills; tube mills imports fell to $4.9M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports attained the peak figure at $4.9M in 2021, and then contracted slightly in the following year.
| Import of Metal-Rolling Mills; Tube Mills in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,922 | 3,907 | 3,818 | 2,905 | -0.2% |
| China | 363 | 483 | 736 | 1,440 | 58.3% |
| United States | 0.1 | 0.7 | 4.8 | 195 | 1149.3% |
| India | 283 | 262 | 225 | 167 | -16.1% |
| United Kingdom | 6.3 | 16.8 | 32.9 | 113 | 161.8% |
| Others | 426 | 128 | 88.0 | 32.1 | -57.8% |
| Total | 4,001 | 4,797 | 4,904 | 4,851 | 6.6% |
Top Suppliers of Metal-Rolling Mills; Tube Mills to South Korea in 2022:
- China (343.0 units)
- Germany (268.0 units)
- India (24.0 units)
- United Kingdom (11.0 units)
- United States (10.0 units)
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