Republic of Korea - Inflatable Vessels For Pleasure Or Sports - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInflatable Vessel Price in South Korea - 2021
Contents:
- Inflatable Vessel Price in South Korea (FOB) - 2022
- Inflatable Vessel Price in South Korea (CIF) - 2022
- Inflatable Vessel Exports in South Korea
- Inflatable Vessel Imports in South Korea
Inflatable Vessel Price in South Korea (FOB) - 2022
In 2022, the average inflatable vessel export price amounted to $515 per unit, which is down by -1.6% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,064 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($3,685 per unit), while the average price for exports to Australia ($96 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 Belgium (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.
Inflatable Vessel Price in South Korea (CIF) - 2022
In 2022, the average inflatable vessel import price amounted to $249 per unit, rising by 12% against the previous year. Over the period under review, the import price, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 15%. Over the period under review, average import prices attained the maximum at $1,392 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($243 per unit) and Cambodia ($243 per unit), while the price for the United States ($240 per unit) and Japan ($241 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (-6.9%), while the prices for the other major suppliers experienced a decline.
Inflatable Vessel Exports in South Korea
Inflatable vessel exports from South Korea shrank notably to 4.3K units in 2022, falling by -29.1% on the previous year. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of 6K units, and then fell significantly in the following year.
In value terms, inflatable vessel exports dropped sharply to $2.2M in 2022. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 152%. As a result, the exports reached the peak of $3.2M, and then shrank markedly in the following year.
| Export of Inflatable Vessel in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 714 | 707 | 2,451 | 1,707 | 33.7% |
| Vietnam | 604 | 55.4 | 222 | 201 | -30.7% |
| Japan | 197 | 128 | 88.4 | 94.3 | -21.8% |
| United Kingdom | 38.4 | 49.4 | 131 | 91.0 | 33.3% |
| Australia | 1.3 | 65.5 | 60.8 | 42.3 | 219.3% |
| Belgium | N/A | 46.2 | 36.8 | N/A | -20.3% |
| Others | 245 | 198 | 161 | 64.3 | -36.0% |
| Total | 1,800 | 1,249 | 3,151 | 2,200 | 6.9% |
Top Export Markets for Inflatable Vessel from South Korea in 2022:
- United States (3311.0 units)
- Australia (443.0 units)
- United Kingdom (174.0 units)
- Japan (155.0 units)
- Vietnam (55.0 units)
Inflatable Vessel Imports in South Korea
In 2022, inflatable vessel imports into South Korea soared to 17K units, with an increase of 44% against 2021. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, inflatable vessel imports skyrocketed to $4.2M in 2022. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports reached the maximum at $5.9M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Inflatable Vessel in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,331 | 1,488 | 1,786 | 2,944 | 8.1% |
| Cambodia | 223 | 592 | 513 | 824 | 54.6% |
| Japan | 16.7 | 92.5 | 91.6 | 147 | 106.5% |
| United States | 34.6 | 145 | 31.0 | 109 | 46.6% |
| Canada | 2,159 | 3,330 | N/A | N/A | 54.2% |
| Others | 366 | 216 | 195 | 215 | -16.2% |
| Total | 5,131 | 5,864 | 2,616 | 4,240 | -6.2% |
Top Suppliers of Inflatable Vessel to South Korea in 2022:
- China (12.1K units)
- Cambodia (3.4K units)
- Japan (0.6K units)
- United States (0.5K units)
This report provides an in-depth analysis of the inflatable vessel 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 30121200 - Inflatable vessels for pleasure or sports
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
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