Price for Artwork; Collages and Similar Decorative Plaques in South Korea - 2022
Contents:
- Price for Artwork; Collages and Similar Decorative Plaques in South Korea (CIF) - 2022
- Price for Artwork; Collages and Similar Decorative Plaques in South Korea (FOB) - 2022
- Imports of Artwork; Collages and Similar Decorative Plaques in South Korea
- Exports of Artwork; Collages and Similar Decorative Plaques in South Korea
Price for Artwork; Collages and Similar Decorative Plaques in South Korea (CIF) - 2022
In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $102,002 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 164%. Over the period under review, average import prices attained the maximum at $122,367 per ton in 2013; however, from 2014 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 United States ($1,179,345 per ton), while the price for China ($6,853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Artwork; Collages and Similar Decorative Plaques in South Korea (FOB) - 2022
The average export price for artwork; collages and similar decorative plaqueses stood at $143,429 per ton in 2022, remaining stable against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 268%. As a result, the export price reached the peak level of $238,862 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,432,323 per ton), while the average price for exports to Vietnam ($36,824 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Artwork; Collages and Similar Decorative Plaques in South Korea
For the third year in a row, South Korea recorded decline in purchases abroad of artwork; collages and similar decorative plaqueses, which decreased by -8.6% to 106 tons in 2022. Over the period under review, imports showed a dramatic downturn.
In value terms, imports of artwork; collages and similar decorative plaqueses shrank to $11M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $12M, and then shrank in the following year.
| Import of Artwork; Collages and Similar Decorative Plaques in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 3.8 | 4.5 | 4.4 | 63.9% |
| Japan | 2.0 | 1.6 | 1.7 | 1.6 | -7.2% |
| United Kingdom | 1.0 | 0.2 | 1.2 | 1.2 | 6.3% |
| France | 0.1 | 0.1 | 0.9 | 0.8 | 100.0% |
| Germany | 0.2 | N/A | 0.6 | 0.6 | 44.2% |
| China | 2.7 | 1.5 | 0.6 | 0.6 | -39.4% |
| Singapore | 0.1 | 0.5 | 0.1 | 0.1 | 0.0% |
| Sweden | 0.6 | N/A | N/A | N/A | 0% |
| Others | 1.6 | 1.9 | 2.3 | 1.5 | -2.1% |
| Total | 9.3 | 9.7 | 12.0 | 10.8 | 5.1% |
Top Suppliers of Artwork; Collages and Similar Decorative Plaques to South Korea in 2022:
- China (87.5 tons)
- United States (3.7 tons)
- France (2.7 tons)
- Japan (2.5 tons)
- United Kingdom (2.4 tons)
- Germany (2.3 tons)
- Singapore (1.7 tons)
Exports of Artwork; Collages and Similar Decorative Plaques in South Korea
In 2022, approx. 25 tons of artwork; collages and similar decorative plaqueses were exported from South Korea; with a decrease of -38.1% on 2021 figures. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. As a result, the exports reached the peak of 40 tons, and then declined dramatically in the following year.
In value terms, exports of artwork; collages and similar decorative plaqueses contracted notably to $3.6M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 289%. As a result, the exports reached the peak of $5.7M, and then fell rapidly in the following year.
| Export of Artwork; Collages and Similar Decorative Plaques in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 82.3 | 194 | 1,561 | 1,127 | 139.2% |
| Japan | 167 | 183 | 946 | 683 | 59.9% |
| Hong Kong SAR | 264 | 424 | 576 | 415 | 16.3% |
| United Kingdom | 116 | 5.4 | 340 | 246 | 28.5% |
| France | 421 | 109 | 291 | 210 | -20.7% |
| Thailand | N/A | N/A | 140 | 101 | -27.9% |
| Taiwan (Chinese) | 15.8 | 98.3 | 90.4 | 65.2 | 60.4% |
| China | 80.2 | 8.9 | 49.5 | 35.8 | -23.6% |
| Singapore | 26.8 | 21.3 | 48.8 | 35.2 | 9.5% |
| Italy | 13.4 | 1.7 | 45.4 | 32.8 | 34.8% |
| Vietnam | 49.1 | 0.2 | 16.9 | 15.9 | -31.3% |
| Luxembourg | N/A | N/A | 570 | N/A | 0% |
| Guinea | N/A | N/A | 235 | N/A | 0% |
| Others | 484 | 424 | 800 | 624 | 8.8% |
| Total | 1,720 | 1,470 | 5,711 | 3,590 | 27.8% |
Top Export Markets for Artwork; Collages and Similar Decorative Plaques from South Korea in 2022:
- Japan (15.2 tons)
- United States (2.2 tons)
- United Kingdom (1.4 tons)
- Thailand (1.1 tons)
- Hong Kong SAR (1.0 tons)
- China (0.9 tons)
- Singapore (0.5 tons)
- Italy (0.4 tons)
- Taiwan (Chinese) (0.4 tons)
- France (0.4 tons)
- Vietnam (0.4 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
