Republic of Korea: Market for Laptops and Palm-Top Computers 2025

Market Size for Laptops and Palm-Top Computers in Republic of Korea

The South Korean laptop and tablet computer market skyrocketed to $X in 2021, rising by 60% against the previous year. Overall, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Laptops and Palm-Top Computers in Republic of Korea

In value terms, laptop and tablet computer production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 121% against the previous year. Laptop and tablet computer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Republic of Korea

In 2021, after two years of decline, there was significant growth in shipments abroad of laptops and palm-top computers, when their volume increased by 61% to X units. In general, exports, however, saw a significant contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, laptop and tablet computer exports soared to $X in 2021. Overall, exports, however, showed a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for laptop and tablet computer exports from South Korea, accounting for a 27% share of total exports. Moreover, laptop and tablet computer exports to China exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-37.7% per year) and Germany (-26.5% per year).

In value terms, the United States ($X) remains the key foreign market for laptops and palm-top computers exports from South Korea, comprising 16% of total exports. The second position in the ranking was held by Germany ($X), with a 6.7% share of total exports. It was followed by Japan, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.9% per year) and Japan (-15.6% per year).

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2021, almost unchanged from the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, laptop and tablet computer export price increased by +42.3% against 2017 indices. The growth pace was the most rapid in 2013 when the average export price increased by 48%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Republic of Korea

In 2021, approx. X units of laptops and palm-top computers were imported into South Korea; growing by 67% on the previous year's figure. Overall, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, laptop and tablet computer imports surged to $X in 2021. Over the period under review, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest laptop and tablet computer supplier to South Korea, with a 59% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of laptops and palm-top computers to South Korea, comprising 59% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +5.2%.

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, falling by -6.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then shrank in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.6%).

Source: IndexBox Platform

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