Republic of Korea - Machines For The Manufacture Of Flat Panel Displays - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Panel Display Manufacturing Machine in South Korea - 2022
Contents:
- Price for Panel Display Manufacturing Machine in South Korea (FOB) - 2022
- Price for Panel Display Manufacturing Machine in South Korea (CIF) - 2022
- Exports of Panel Display Manufacturing Machine in South Korea
- Imports of Panel Display Manufacturing Machine in South Korea
Price for Panel Display Manufacturing Machine in South Korea (FOB) - 2022
In 2022, the average panel display manufacturing machine export price amounted to $49 per unit, reducing by -6% against the previous year. In general, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 15%. Over the period under review, the average export prices attained the maximum at $72 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 ($83 per unit), while the average price for exports to Japan ($36 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 Vietnam (+8.8%), while the prices for the other major destinations experienced a decline.
Price for Panel Display Manufacturing Machine in South Korea (CIF) - 2022
In 2022, the average panel display manufacturing machine import price amounted to $80 per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure at $117 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($112 per unit), while the price for China ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Panel Display Manufacturing Machine in South Korea
In 2022, exports of machines for the manufacture of flat panel displays from South Korea surged to 48M units, growing by 26% on 2021. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, the exports reached the peak of 57M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, panel display manufacturing machine exports surged to $2.3B in 2022. Over the period under review, exports, however, saw a mild shrinkage. Over the period under review, the exports hit record highs at $2.7B in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Panel Display Manufacturing Machine in South Korea (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.6 | 1.8 | 2.2 | 0.0% |
| Vietnam | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 2.4 | 2.7 | 2.0 | 2.3 | -1.4% |
Top Export Markets for Panel Display Manufacturing Machine from South Korea in 2022:
- China (45.5M units)
- Vietnam (1.3M units)
Imports of Panel Display Manufacturing Machine in South Korea
Panel display manufacturing machine imports into South Korea skyrocketed to 5M units in 2022, with an increase of 45% against the previous year. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 95%. As a result, imports reached the peak of 6.6M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, panel display manufacturing machine imports surged to $399M in 2022. Overall, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 79%. As a result, imports attained the peak of $525M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Panel Display Manufacturing Machine in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 211 | 387 | 162 | 279 | 9.8% |
| Taiwan (Chinese) | 32.6 | 105 | 72.9 | 76.6 | 32.9% |
| China | 18.3 | 11.7 | 25.2 | 21.4 | 5.4% |
| United States | 17.3 | 17.8 | 5.2 | 14.3 | -6.2% |
| Others | 13.6 | 3.1 | 8.2 | 8.1 | -15.9% |
| Total | 293 | 525 | 274 | 399 | 10.8% |
Top Suppliers of Panel Display Manufacturing Machine to South Korea in 2022:
- Japan (3.5M units)
- Taiwan (Chinese) (0.7M units)
- China (0.5M units)
- United States (0.2M units)
This report provides an in-depth analysis of the market for panel display manufacturing machine 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 28992060 - Machines and apparatus used solely or principally for the manufacture of flat panel displays
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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