Republic of Korea - Condoms (Sheath Contraceptives) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Condoms (Sheath Contraceptives) - Market Analysis, Forecast, Size, Trends And Insights

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Condom Price in South Korea - 2022

Contents:

  1. Condom Price in South Korea (CIF) - 2022
  2. Condom Price in South Korea (FOB) - 2022
  3. Condom Imports in South Korea
  4. Condom Exports in South Korea

Condom Price in South Korea (CIF) - 2022

The average condom import price stood at $29 per thousand units in 2022, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2016 an increase of 9.3% against the previous year. Over the period under review, average import prices attained the peak figure at $35 per thousand units in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($76 per thousand units), while the price for Vietnam ($12 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Condom Price in South Korea (FOB) - 2022

In 2022, the average condom export price amounted to $29 per thousand units, dropping by -16.6% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, condom export price increased by +16.6% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 48% against the previous year. The export price peaked at $35 per thousand units in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($55 per thousand units), while the average price for exports to China ($18 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Condom Imports in South Korea

Condom imports into South Korea dropped to 233M units in 2022, reducing by -5.3% against the previous year's figure. Over the period under review, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at 251M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, condom imports shrank to $6.7M in 2022. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, imports hit record highs at $8.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Condom in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2.32.32.82.52.8%
Japan3.21.81.71.9-16.0%
Vietnam0.90.91.00.90.0%
Malaysia1.00.70.70.7-11.2%
China0.40.60.60.57.7%
Others0.30.10.30.30.0%
Total8.26.47.16.7-6.5%

Top Suppliers of Condom to South Korea in 2022:

  1. Vietnam (72.2M units)
  2. Thailand (67.6M units)
  3. Malaysia (33.6M units)
  4. China (32.4M units)
  5. Japan (24.8M units)

Condom Exports in South Korea

In 2022, approx. 42M units of condoms (sheath contraceptives) were exported from South Korea; surging by 26% compared with the year before. In general, exports, however, recorded a mild decline. The exports peaked at 51M units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, condom exports amounted to $1.2M in 2022. Overall, exports, however, saw a abrupt setback. Over the period under review, the exports hit record highs at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Condom in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2594972083298.3%
Mexico195111161167-5.0%
El Salvador10369.114915514.6%
China16810764.7116-11.6%
Bolivia98.486.185.492.2-2.1%
Nepal41.526.271.474.321.4%
Lebanon45.756.867.370.115.3%
Peru10229.844.360.3-16.1%
Taiwan (Chinese)40.976.056.659.313.2%
Vietnam9.151.638.640.264.1%
Canada38.038.47.828.8-8.8%
Fiji17.117.118.619.34.1%
Uganda107N/AN/AN/A0%
Others2571061811.1-83.8%
Total1,4811,2721,1541,213-6.4%

Top Export Markets for Condom from South Korea in 2022:

  1. United States (15.3M units)
  2. China (6.4M units)
  3. El Salvador (4.7M units)
  4. Mexico (3.9M units)
  5. Nepal (2.2M units)
  6. Bolivia (1.7M units)
  7. Lebanon (1.6M units)
  8. Peru (1.6M units)
  9. Taiwan (Chinese) (1.3M units)
  10. Canada (1.1M units)
  11. Fiji (1.1M units)
  12. Vietnam (0.9M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the condom market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22197120 - Sheath contraceptives

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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