Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea - 2022

Contents:

1. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea (CIF) - 2022
2. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea (FOB) - 2022
3. Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea
4. Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea (CIF) - 2022

The average import price for tubes; microwave, magnetrons, excluding grid-controlled tubeses stood at $43 per unit in 2022, with a decrease of -12.7% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47%. As a result, import price attained the peak level of $68 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($502 per unit), while the price for China ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea (FOB) - 2022

The average export price for tubes; microwave, magnetrons, excluding grid-controlled tubeses stood at $81 per unit in 2022, picking up by 211% against the previous year. Overall, the export price enjoyed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($501 per unit), while the average price for exports to Australia ($26 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 (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea

In 2022, approx. 182K units of tubes; microwave, magnetrons, excluding grid-controlled tubeses were imported into South Korea; increasing by 15% compared with the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +93.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of tubes; microwave, magnetrons, excluding grid-controlled tubeses amounted to $7.8M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes to South Korea in 2022:

1. China (129.2K units)
2. Netherlands (28.5K units)
3. Japan (14.3K units)
4. United States (2.3K units)
5. Hong Kong SAR (2.2K units)
6. Thailand (0.5K units)

Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in South Korea

In 2022, approx. 15K units of tubes; microwave, magnetrons, excluding grid-controlled tubeses were exported from South Korea; which is down by -29.4% against the previous year. In general, exports saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of 21K units, and then contracted significantly in the following year.

In value terms, exports of tubes; microwave, magnetrons, excluding grid-controlled tubeses surged to $1.2M in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes from South Korea in 2022:

1. India (2.8K units)
2. China (2.4K units)
3. Pakistan (1.6K units)
4. Australia (1.4K units)
5. Italy (1.4K units)
6. Iran (0.8K units)
7. Hong Kong SAR (0.7K units)
8. Singapore (0.6K units)
9. Japan (0.5K units)
10. Papua New Guinea (0.4K units)
11. Philippines (0.3K units)
12. United States (0.3K units)
13. Bolivia (0.3K units)

Source: IndexBox Market Intelligence Platform