Republic of Korea - Thread Rolling Machines For Working Metal, Sintered Metal Carbides Or Cermets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThread Rolling Machine Price in South Korea - 2022
Contents:
- Thread Rolling Machine Price in South Korea (FOB) - 2022
- Thread Rolling Machine Price in South Korea (CIF) - 2022
- Thread Rolling Machine Exports in South Korea
- Thread Rolling Machine Imports in South Korea
Thread Rolling Machine Price in South Korea (FOB) - 2022
In December 2022, the average thread rolling machine export price amounted to $13,168 per unit, dropping by -73.2% against the previous month. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in March 2022 when the average export price increased by 346% m-o-m. Over the period under review, the average export prices attained the maximum at $49,107 per unit in November 2022, and then contracted rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was India ($21,048 per unit), while the average price for exports to Mexico stood at $11,602 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Thread Rolling Machine Price in South Korea (CIF) - 2022
The average thread rolling machine import price stood at $46,973 per unit in 2022, increasing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 23%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($51,068 per unit), while the price for Mexico ($165 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Thread Rolling Machine Exports in South Korea
In 2022, thread rolling machine exports from South Korea skyrocketed to 172 units, increasing by 38% compared with 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 76%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, thread rolling machine exports reduced remarkably to $3.7M in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, the exports reached the peak of $4.6M, and then contracted notably in the following year.
| Export of Thread Rolling Machine in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 533 | 435 | 746 | 1,383 | 37.4% |
| Taiwan (Chinese) | N/A | 440 | N/A | 546 | 11.4% |
| Vietnam | 506 | 294 | 992 | 391 | -8.2% |
| Poland | N/A | 126 | 87.3 | 377 | 73.0% |
| China | 727 | 0.1 | 948 | 288 | -26.6% |
| Turkey | N/A | N/A | 141 | 159 | 12.8% |
| India | 65.5 | 662 | 136 | 137 | 27.9% |
| United States | 587 | 1,039 | 389 | 132 | -39.2% |
| Japan | 101 | 0.9 | 52.2 | 94.6 | -2.2% |
| Others | 581 | 413 | 1,064 | 224 | -27.2% |
| Total | 3,101 | 3,409 | 4,555 | 3,732 | 6.4% |
Top Export Markets for Thread Rolling Machine from South Korea in 2022:
- Mexico (67.0 units)
- Vietnam (20.0 units)
- Taiwan (Chinese) (17.0 units)
- China (16.0 units)
- Poland (13.0 units)
- India (9.0 units)
- Turkey (8.0 units)
- United States (6.0 units)
- Japan (6.0 units)
Thread Rolling Machine Imports in South Korea
In 2022, after two years of decline, there was significant growth in purchases abroad of thread rolling machines for working metal, sintered metal carbides or cermets, when their volume increased by 55% to 62 units. Over the period under review, imports, however, continue to indicate a abrupt slump. Over the period under review, imports hit record highs at 83 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, thread rolling machine imports surged to $2.9M in 2022. Overall, imports saw a relatively flat trend pattern. Imports peaked at $3.4M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Thread Rolling Machine in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 101 | N/A | 1,290 | 257.4% |
| Taiwan (Chinese) | 288 | 370 | 645 | 583 | 26.5% |
| Germany | 665 | 286 | 201 | 465 | -11.2% |
| China | 181 | 201 | 53.4 | 306 | 19.1% |
| Japan | 919 | 2,333 | 597 | 138 | -46.8% |
| Switzerland | 231 | 109 | 95.9 | 78.5 | -30.2% |
| Finland | N/A | N/A | N/A | 47.4 | 0% |
| Spain | 571 | 19.0 | N/A | 4.2 | -80.6% |
| Mexico | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 2,855 | 3,420 | 1,593 | 2,912 | 0.7% |
Top Suppliers of Thread Rolling Machine to South Korea in 2022:
- Italy (26.0 units)
- Taiwan (Chinese) (12.0 units)
- Germany (10.0 units)
- China (6.0 units)
- Japan (3.0 units)
- Switzerland (2.0 units)
- Mexico (1.0 units)
- Finland (1.0 units)
- Spain (1.0 units)
This report provides an in-depth analysis of the thread rolling machine market 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 28413430 - Thread rolling machines for working metal, sintered metal carbides or cermets
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
-
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
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