Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea - 2022
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (CIF) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (FOB) - 2022
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (CIF) - 2022
In 2022, the average import price for generators amounted to $820 per unit, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. The import price peaked at $962 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,263 per unit), while the price for Italy ($106 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (FOB) - 2022
The average export price for generators stood at $1,433 per unit in 2022, falling by -26.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 95%. Over the period under review, the average export prices attained the maximum at $1,957 per unit in 2021, and then shrank notably in the following year.
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 China ($12,401 per unit), while the average price for exports to Japan ($210 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 (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea
In 2022, after two years of decline, there was significant growth in supplies from abroad of generators, when their volume increased by 5.6% to 17K units. In general, imports, however, recorded a deep slump. Imports peaked at 32K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of generators rose remarkably to $14M in 2022. Over the period under review, imports, however, faced a abrupt slump. Imports peaked at $23M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 0.1 | 0.4 | 2.9 | 53.6% |
| China | 1.2 | 1.0 | 1.2 | 1.7 | 12.3% |
| France | 3.0 | 1.0 | 0.5 | 0.9 | -33.1% |
| Japan | 0.4 | 0.8 | 0.7 | 0.7 | 20.5% |
| Italy | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Denmark | 3.2 | 3.5 | 3.7 | N/A | 7.5% |
| Singapore | 0.8 | 1.2 | 0.1 | N/A | -64.6% |
| Others | 12.8 | 9.0 | 6.1 | 6.9 | -18.6% |
| Total | 22.6 | 16.8 | 13.1 | 13.8 | -15.2% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to South Korea in 2022:
- China (7.7K units)
- Italy (5.0K units)
- Germany (2.1K units)
- France (0.6K units)
- Japan (0.5K units)
- India (0.4K units)
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea
In 2022, approx. 3K units of generators were exported from South Korea; falling by -47.3% compared with 2021 figures. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 5.8K units, and then dropped rapidly in the following year.
In value terms, exports of generators contracted markedly to $4.4M in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $11M, and then dropped rapidly in the following year.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,469 | 4,213 | 7,897 | 1,453 | -0.4% |
| United Arab Emirates | 161 | 200 | 319 | 960 | 81.3% |
| Ethiopia | 1.9 | 0.4 | 0.5 | 314 | 448.8% |
| Japan | 792 | 488 | 360 | 200 | -36.8% |
| Italy | 15.7 | 48.9 | 154 | 157 | 115.4% |
| Netherlands | 22.2 | 27.2 | 44.4 | 105 | 67.9% |
| Venezuela | 6.4 | 5.9 | 5.3 | 69.5 | 121.4% |
| Taiwan (Chinese) | 201 | 3.3 | 9.0 | 38.2 | -42.5% |
| Germany | 2,329 | 36.5 | 6.7 | 5.5 | -86.7% |
| Philippines | 120 | 16.7 | 122 | 0.9 | -80.4% |
| Yemen | 127 | 138 | 155 | N/A | 10.5% |
| Others | 2,075 | 2,874 | 2,210 | 1,049 | -20.3% |
| Total | 7,319 | 8,050 | 11,283 | 4,351 | -15.9% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from South Korea in 2022:
- Japan (951.0 units)
- United Arab Emirates (823.0 units)
- Ethiopia (316.0 units)
- United States (171.0 units)
- Italy (162.0 units)
- Netherlands (157.0 units)
- Venezuela (61.0 units)
- Taiwan (Chinese) (55.0 units)
- Germany (5.0 units)
- Philippines (2.0 units)
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