Balls; Inflatable Price in South Korea - 2022
Contents:
- Balls; Inflatable Price in South Korea (CIF) - 2022
- Balls; Inflatable Price in South Korea (FOB) - 2022
- Balls; Inflatable Imports in South Korea
- Balls; Inflatable Exports in South Korea
Balls; Inflatable Price in South Korea (CIF) - 2022
The average balls; inflatable import price stood at $5 per unit in 2022, reducing by -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. As a result, import price attained the peak level of $5.2 per unit, and then declined slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($5 per unit) and China ($5 per unit), while the price for Thailand ($5 per unit) and Pakistan ($5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Balls; Inflatable Price in South Korea (FOB) - 2022
The average balls; inflatable export price stood at $2.8 per unit in 2022, with an increase of 37% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 68%. The export price peaked at $4.8 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($2.8 per unit) and Australia ($2.8 per unit), while the average price for exports to Nigeria ($2.8 per unit) and Thailand ($2.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Balls; Inflatable Imports in South Korea
In 2022, after two years of decline, there was significant growth in overseas purchases of balls; inflatables, when their volume increased by 13% to 3.1M units. Over the period under review, imports, however, recorded a abrupt contraction. Over the period under review, imports reached the maximum at 4.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, balls; inflatable imports rose sharply to $15M in 2022. Overall, imports, however, saw a abrupt curtailment. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Balls; Inflatable in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.4 | 6.3 | 6.3 | 7.9 | 2.2% |
| Pakistan | 5.4 | 3.7 | 4.0 | 4.0 | -9.5% |
| Vietnam | 2.1 | 1.9 | 1.3 | 1.4 | -12.6% |
| Thailand | 2.2 | 1.7 | 1.7 | 1.4 | -14.0% |
| Others | 1.0 | 1.0 | 0.7 | 0.9 | -3.5% |
| Total | 18.1 | 14.6 | 14.1 | 15.4 | -5.2% |
Top Suppliers of Balls; Inflatable to South Korea in 2022:
- China (1562.6K units)
- Pakistan (785.1K units)
- Thailand (283.4K units)
- Vietnam (268.5K units)
Balls; Inflatable Exports in South Korea
In 2022, shipments abroad of balls; inflatables decreased by -56.8% to 83K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 210% against the previous year. The exports peaked at 191K units in 2021, and then reduced notably in the following year.
In value terms, balls; inflatable exports dropped notably to $229K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 145%. The exports peaked at $388K in 2021, and then declined notably in the following year.
| Export of Balls; Inflatable in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | N/A | 38.3 | N/A | 123 | 79.2% |
| Kenya | N/A | N/A | N/A | 19.5 | 0% |
| United States | 23.6 | 1.7 | 10.4 | 16.9 | -10.5% |
| Mongolia | 1.4 | 0.1 | 0.9 | 15.8 | 124.3% |
| Slovenia | 3.7 | 3.8 | 5.1 | 10.1 | 39.8% |
| Vietnam | 22.1 | 10.6 | 2.7 | 5.5 | -37.1% |
| Germany | 0.1 | 56.1 | 2.3 | 5.3 | 275.6% |
| Japan | 1.4 | N/A | 153 | 5.2 | 54.9% |
| Thailand | 0.7 | 1.0 | 0.9 | 4.3 | 83.1% |
| Netherlands | N/A | 15.6 | 2.5 | N/A | -84.0% |
| Others | 60.3 | 150 | 211 | 23.7 | -26.7% |
| Total | 113 | 277 | 388 | 229 | 26.5% |
Top Export Markets for Balls; Inflatable from South Korea in 2022:
- Central African Republic (44.4K units)
- Kenya (7.0K units)
- United States (6.1K units)
- Mongolia (5.7K units)
- Slovenia (3.6K units)
- Vietnam (2.0K units)
- Japan (1.9K units)
- Germany (1.9K units)
- Thailand (1.5K units)
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