HS6 Product Import Market

KOR imports of Office machines: for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps (HS 847230)

A complete buyer-market view for HS 847230, covering reported demand, import growth, supplier countries, market concentration, trade routes, and historical context.

Importer KORHS6 847230Latest year 2024

Latest imports

$3.6MReported value

Three-year growth

+28.9%Annualized change

Supplier countries

8Latest reported count

Market concentration

6618.77HHI indicator

Market evidence

How large is the KOR HS 847230 market?

This profile combines the buyer market's reported size and growth with supplier and route observations for Office machines: for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps.

MeasureReported valueWhat it indicates
Latest imports$3.6MImport value in the latest available year
Three-year annualized growth+28.9%Change in reported import value
Three-year average imports$2.6MAverage reported annual import value
Supplier countries8Distinct suppliers reported in the latest period
Market concentration6618.77HHI indicator based on supplier shares
Demand momentumAccelerating demandDirection reported for this market

Supplier evidence

Who supplies KOR?

Leading supplier routes for this product and importing country, ranked by latest reported trade value.

SupplierRoute tradeThree-year growthMarket shareTrendAttention
Supplier route observations are not available.

Market reading

What does this buyer market show?

KOR reported imports of office machines: for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps at $3.6M in the latest available observation, with three-year annualized change of +28.9%.

How to use this view

Compare supplier scale, market share, and growth together. A large supplier is not automatically a growing supplier, and a growing market does not guarantee commercial access.

Interpretation

How to assess this buyer market

Start with the size of reported imports, then compare the pace of change with supplier breadth. A concentrated market may be harder to enter but can reveal established supply relationships; a broad supplier base may offer more room for differentiated positioning.

Compare the route, not only the country

Supplier totals describe the market at country level. Route evidence can reveal which exporter-to-importer relationships account for the observed value and where supplier activity is changing.

Product classification

What does HS 847230 include?

HS 847230 covers Office machines: for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps. This page describes the six-digit Harmonized System classification and reported merchandise imports, not company-level sales or individual shipments.

The classification belongs to HS chapter 84 and heading 8472. Use the code when comparing this market with related product classifications.

How to interpret this market

Compare demand, suppliers, and routes together

KOR's reported imports of office machines: for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps show the size of the buyer market. Supplier breadth and concentration add context, while route-level observations show which exporter-to-importer relationships account for the reported value.

A growing market does not guarantee commercial access, and a large supplier is not automatically the fastest-growing supplier. Read the current value together with the historical coverage, supplier share, and trend indicators.

Source and date

Reported merchandise-trade observations for HS6 847230. Coverage shown on this page: 1995-2024.

Definitions

Market share and growth are calculated from reported values where available. “Not reported” means the value was unavailable for this view.