Republic of Korea - Extruders For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Extruder Price in South Korea - 2022
Contents:
- Plastic Extruder Price in South Korea (CIF) - 2022
- Plastic Extruder Price in South Korea (FOB) - 2022
- Plastic Extruder Imports in South Korea
- Plastic Extruder Exports in South Korea
Plastic Extruder Price in South Korea (CIF) - 2022
The average plastic extruder import price stood at $84,062 per unit in 2022, rising by 14% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2017 an increase of 26%. Over the period under review, average import prices hit record highs at $115,511 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($90,381 per unit), while the price for Vietnam ($14,403 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced a decline.
Plastic Extruder Price in South Korea (FOB) - 2022
In December 2022, the average plastic extruder export price amounted to $77,721 per unit, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in January 2022 an increase of 36% against the previous month. Over the period under review, the average export prices hit record highs at $77,724 per unit in November 2022, and then reduced modestly in the following month.
Average prices varied noticeably for the major export markets. In December 2022, the countries with the highest prices were the United States ($77,802 per unit) and Turkey ($77,726 per unit), while the average price for exports to Vietnam ($77,500 per unit) and China ($77,717 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Extruder Imports in South Korea
In 2022, purchases abroad of extruders for working rubber or plastics decreased by -28.9% to 846 units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports attained the peak of 2.4K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, plastic extruder imports shrank significantly to $71M in 2022. Overall, imports saw a slight decline. The pace of growth appeared the most rapid in 2020 when imports increased by 114%. As a result, imports attained the peak of $160M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Plastic Extruder in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.3 | 22.8 | 28.8 | 20.0 | -5.0% |
| Germany | 17.7 | 38.9 | 20.0 | 16.2 | -2.9% |
| Italy | 8.6 | 2.5 | 1.4 | 15.5 | 21.7% |
| France | N/A | N/A | N/A | 7.4 | 0% |
| Japan | 16.8 | 84.0 | 23.3 | 4.8 | -34.1% |
| United States | 2.0 | 0.2 | 0.1 | 2.2 | 3.2% |
| Vietnam | 0.1 | 0.4 | N/A | 1.1 | 122.4% |
| Others | 6.3 | 11.2 | 14.2 | 3.9 | -14.8% |
| Total | 74.8 | 160 | 87.9 | 71.1 | -1.7% |
Top Suppliers of Plastic Extruder to South Korea in 2022:
- China (222.0 units)
- Germany (179.0 units)
- Italy (172.0 units)
- France (82.0 units)
- Vietnam (76.0 units)
- Japan (53.0 units)
- United States (25.0 units)
Plastic Extruder Exports in South Korea
In 2022, plastic extruder exports from South Korea reduced markedly to 509 units, waning by -47.4% against 2021 figures. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. Over the period under review, the exports reached the maximum at 990 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, plastic extruder exports shrank markedly to $39M in 2022. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Over the period under review, the exports reached the peak figure at $65M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Plastic Extruder in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.7 | 3.1 | 16.3 | 19.7 | -11.8% |
| Vietnam | 12.2 | 7.7 | 10.2 | 6.9 | -17.3% |
| Indonesia | 3.1 | 5.7 | 5.0 | 2.3 | -9.5% |
| Italy | N/A | N/A | N/A | 1.3 | 0% |
| Mexico | 1.3 | 1.6 | 7.3 | 1.1 | -5.4% |
| United States | 3.0 | 1.5 | 0.4 | 1.1 | -28.4% |
| Turkey | 0.5 | 0.2 | 0.8 | 0.9 | 21.6% |
| India | 8.6 | 2.5 | 4.1 | 0.9 | -52.9% |
| South Africa | N/A | N/A | N/A | 0.7 | 0% |
| Russia | 0.7 | 0.9 | 0.2 | 0.7 | 0.0% |
| Poland | 1.1 | N/A | 3.4 | 0.6 | -18.3% |
| Thailand | 1.2 | 1.3 | 1.4 | 0.2 | -45.0% |
| Others | 4.4 | 10.9 | 6.1 | 2.9 | -13.0% |
| Total | 64.7 | 35.5 | 55.1 | 39.3 | -15.3% |
Top Export Markets for Plastic Extruder from South Korea in 2022:
- China (253.0 units)
- Vietnam (88.0 units)
- Indonesia (30.0 units)
- Italy (16.0 units)
- Mexico (14.0 units)
- United States (14.0 units)
- Turkey (12.0 units)
- India (11.0 units)
- South Africa (9.0 units)
- Russia (9.0 units)
- Poland (8.0 units)
- Thailand (2.0 units)
This report provides an in-depth analysis of the plastic extruder 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 28961030 - Extruders for working rubber or plastics, or for manufacturing rubber or plastic products
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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