Republic of Korea - Hedge Shears And Two-Handed Pruning Shears - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHedge Shear Price in South Korea - 2022
Contents:
- Hedge Shear Price in South Korea (CIF) - 2022
- Hedge Shear Price in South Korea (FOB) - 2022
- Hedge Shear Imports in South Korea
- Hedge Shear Exports in South Korea
Hedge Shear Price in South Korea (CIF) - 2022
In December 2022, the average hedge shear import price amounted to $9,312 per ton, dropping by -48.5% against the previous month. Overall, the import price recorded a abrupt contraction. The growth pace was the most rapid in November 2022 when the average import price increased by 33% m-o-m. The import price peaked at $23,846 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($21,401 per ton), while the price for China ($4,586 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.8%), while the prices for the other major suppliers experienced a decline.
Hedge Shear Price in South Korea (FOB) - 2022
In 2022, the average hedge shear export price amounted to $8,827 per ton, with a decrease of -9.8% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hedge shear export price decreased by -13.5% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 39%. As a result, the export price attained the peak level of $10,205 per ton. From 2020 to 2022, the average export prices remained at a 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 the United Arab Emirates ($20,511 per ton), while the average price for exports to Singapore ($4,414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Hedge Shear Imports in South Korea
In 2022, after two years of decline, there was significant growth in overseas purchases of hedge shears and two-handed pruning shears, when their volume increased by 7.5% to 102 tons. Overall, imports, however, continue to indicate a deep contraction.
In value terms, hedge shear imports fell slightly to $1.1M in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 5.1% against the previous year.
| Import of Hedge Shear in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 574 | 315 | 411 | 392 | -11.9% |
| Japan | 495 | 321 | 329 | 345 | -11.3% |
| Taiwan (Chinese) | 247 | 295 | 302 | 277 | 3.9% |
| Poland | 63.2 | 95.2 | 88.4 | 81.1 | 8.7% |
| Germany | 45.5 | 57.8 | 17.0 | 36.2 | -7.3% |
| Others | 33.6 | 34.7 | 27.6 | 15.8 | -22.2% |
| Total | 1,458 | 1,118 | 1,175 | 1,147 | -7.7% |
Top Suppliers of Hedge Shear to South Korea in 2022:
- China (58.3 tons)
- Taiwan (Chinese) (23.6 tons)
- Japan (15.7 tons)
- Poland (2.5 tons)
- Germany (1.6 tons)
Hedge Shear Exports in South Korea
After three years of growth, shipments abroad of hedge shears and two-handed pruning shears decreased by -5.5% to 19 tons in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 126% against the previous year.
In value terms, hedge shear exports declined to $169K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year.
| Export of Hedge Shear in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.7 | 92.1 | 69.6 | 66.8 | 127.1% |
| China | 8.7 | 10.7 | 34.7 | 33.3 | 56.4% |
| United Arab Emirates | 0.8 | 1.7 | 26.7 | 25.6 | 217.5% |
| Sri Lanka | 19.9 | 1.4 | 17.6 | 16.9 | -5.3% |
| French Polynesia | 6.7 | 6.1 | 6.6 | 6.3 | -2.0% |
| Iceland | 6.1 | 6.2 | 4.9 | 5.0 | -6.4% |
| Singapore | 8.8 | 0.1 | 0.3 | 2.6 | -33.4% |
| Others | 24.9 | 21.4 | 37.8 | 12.3 | -20.9% |
| Total | 81.9 | 140 | 198 | 169 | 27.3% |
Top Export Markets for Hedge Shear from South Korea in 2022:
- Saudi Arabia (10.0 tons)
- China (3.3 tons)
- Sri Lanka (2.0 tons)
- United Arab Emirates (1.3 tons)
- Iceland (0.7 tons)
- French Polynesia (0.7 tons)
- Singapore (0.6 tons)
This report provides an in-depth analysis of the hedge shear 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 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
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
-
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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