Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea - 2022

Contents:

1. Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea (CIF) - 2022
2. Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea (FOB) - 2022
3. Imports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea
4. Exports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea

Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea (CIF) - 2022

The average import price for photographic flashlight apparatus; discharge lamp ("electronic")s stood at $85 per unit in 2022, falling by -31.8% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $229 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($85 per unit) and Japan ($85 per unit), while the price for Sweden ($83 per unit) and Myanmar ($85 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.8%), while the prices for the other major suppliers experienced a decline.

Price for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea (FOB) - 2022

The average export price for photographic flashlight apparatus; discharge lamp ("electronic")s stood at $210 per unit in 2022, increasing by 43% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 86% against the previous year. The export price peaked at $222 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 Germany ($263 per unit), while the average price for exports to Israel ($93 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 Germany (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea

In 2022, imports of photographic flashlight apparatus; discharge lamp ("electronic")s into South Korea skyrocketed to 48K units, rising by 69% on the previous year. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 114%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of photographic flashlight apparatus; discharge lamp ("electronic")s skyrocketed to $4.1M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") to South Korea in 2022:

1. China (32.0K units)
2. Thailand (7.5K units)
3. Sweden (3.2K units)
4. Taiwan (Chinese) (1.3K units)
5. Myanmar (0.9K units)
6. Switzerland (0.9K units)

Exports of Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") in South Korea

For the third consecutive year, South Korea recorded decline in shipments abroad of photographic flashlight apparatus; discharge lamp ("electronic")s, which decreased by -24.1% to 2.7K units in 2022. In general, exports recorded a significant contraction. The smallest decline of -7.3% was in 2021. Over the period under review, the exports of attained the peak figure at 12K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of photographic flashlight apparatus; discharge lamp ("electronic")s rose sharply to $558K in 2022. Overall, exports recorded a precipitous setback. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Photographic Flashlight Apparatus; Discharge Lamp ("Electronic") from South Korea in 2022:

1. Japan (1147.0 units)
2. Czech Republic (690.0 units)
3. United States (347.0 units)
4. Philippines (127.0 units)
5. Israel (82.0 units)
6. Thailand (56.0 units)
7. Germany (40.0 units)
8. Hungary (33.0 units)

Source: IndexBox Market Intelligence Platform