Republic of Korea - Curtains And Interior Blinds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Republic of Korea - Curtains And Interior Blinds - Market Analysis, Forecast, Size, Trends and Insights

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Curtains Price in South Korea - 2022

Contents:

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

Curtains Price in South Korea (CIF) - 2022

In December 2022, the average curtains import price amounted to $2.2 per square meter, growing by 2.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 18% month-to-month. As a result, import price reached the peak level of $3.0 per square meter. From July 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($5.9 per square meter), while the price for China ($1.9 per square meter) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Curtains Price in South Korea (FOB) - 2022

The average curtains export price stood at $4.4 per square meter in 2022, increasing by 4.8% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 58%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.4 per square meter), while the average price for exports to the Philippines ($0.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Curtains Imports in South Korea

In 2022, the amount of curtains and interior blinds imported into South Korea contracted notably to 21M square meters, dropping by -19.8% compared with the year before. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8.3%. As a result, imports reached the peak of 26M square meters, and then fell remarkably in the following year.

In value terms, curtains imports fell notably to $50M in 2022. Overall, imports saw a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $59M, and then contracted remarkably in the following year.

Import of Curtains in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.742.351.441.91.0%
Taiwan (Chinese)5.83.43.02.6-23.5%
India1.71.21.61.6-2.0%
Others4.04.13.44.21.6%
Total52.251.159.450.2-1.3%

Top Suppliers of Curtains to South Korea in 2022:

  1. China (19.3M square meters)
  2. India (0.5M square meters)
  3. Taiwan (Chinese) (0.5M square meters)

Curtains Exports in South Korea

Curtains exports from South Korea reduced to 4.8M square meters in 2022, which is down by -8.2% against 2021 figures. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports hit record highs at 5.7M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, curtains exports fell modestly to $21M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $22M, and then shrank in the following year.

Export of Curtains in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.73.36.18.043.6%
Canada1.42.53.93.839.5%
India2.31.32.92.41.4%
Japan2.73.02.72.4-3.9%
Singapore1.20.91.41.45.3%
Netherlands0.91.41.40.90.0%
Taiwan (Chinese)0.80.40.30.80.0%
Australia0.90.40.60.4-23.7%
Philippines0.50.40.30.3-15.7%
China2.90.81.40.2-59.0%
Others2.51.01.00.8-31.6%
Total18.615.422.121.34.6%

Top Export Markets for Curtains from South Korea in 2022:

  1. United States (1257.1K square meters)
  2. Canada (761.5K square meters)
  3. India (751.3K square meters)
  4. Japan (577.1K square meters)
  5. Philippines (421.5K square meters)
  6. Singapore (324.2K square meters)
  7. Taiwan (Chinese) (241.1K square meters)
  8. Netherlands (188.6K square meters)
  9. Australia (127.5K square meters)
  10. China (24.2K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the curtains 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 13921530 - Curtains and interior blinds, curtain or bed valances, of knitted or crocheted materials
  • Prodcom 13921550 - Curtains and interior blinds, curtain or bed valances, of woven materials
  • Prodcom 13921570 - Curtains and interior blinds, curtain or bed valances, of nonwoven materials

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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