Republic of Korea: Reticle Manufacturing Machine Market 2024

Reticle Manufacturing Machine Market Size in Republic of Korea

In 2021, the South Korean reticle manufacturing machine market increased by 71% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, saw a slight downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Reticle Manufacturing Machine Production in Republic of Korea

In value terms, reticle manufacturing machine production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +56.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 38%. Reticle manufacturing machine production peaked at $X in 2020, and then shrank in the following year.

Reticle Manufacturing Machine Exports

Exports from Republic of Korea

In 2021, shipments abroad of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits decreased by -27% to X units, falling for the third consecutive year after seven years of growth. In general, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 74%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, reticle manufacturing machine exports expanded slightly to $X in 2021. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 58%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for reticle manufacturing machine exports from South Korea, with a 57% share of total exports. Moreover, reticle manufacturing machine exports to China exceeded the volume sent to the second major destination, Malaysia (X units), sixfold. Vietnam (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+26.0% per year) and Vietnam (+95.0% per year).

In value terms, China ($X) remains the key foreign market for machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits exports from South Korea, comprising 61% of total exports. The second position in the ranking was held by Vietnam ($X), with an 8% share of total exports. It was followed by Singapore, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+70.9% per year) and Singapore (+21.4% per year).

Export Prices by Country

In 2021, the average reticle manufacturing machine export price amounted to $X per unit, picking up by 40% against the previous year. Overall, export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, reticle manufacturing machine export price increased by +82.4% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Philippines ($X per unit), while the average price for exports to Malaysia ($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 Thailand (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Reticle Manufacturing Machine Imports

Imports into Republic of Korea

In 2021, purchases abroad of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits increased by 99.9% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reticle manufacturing machine imports expanded slightly to $X in 2021. Over the period under review, imports showed moderate growth. The most prominent rate of growth was recorded in 2017 when imports increased by 109%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Singapore (X units) constituted the largest reticle manufacturing machine supplier to South Korea, with a 43% share of total imports. Moreover, reticle manufacturing machine imports from Singapore exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Singapore stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-4.1% per year) and Malaysia (-34.2% per year).

In value terms, Singapore ($X) constituted the largest supplier of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits to South Korea, comprising 41% of total imports. The second position in the ranking was taken by Japan ($X), with a 6.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Singapore totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-13.9% per year) and Malaysia (-32.7% per year).

Import Prices by Country

In 2021, the average reticle manufacturing machine import price amounted to $X per unit, which is down by -48.6% against the previous year. Overall, the import price recorded a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 22% against the previous year. The import price peaked at $X per unit in 2020, and then shrank notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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