Republic of Korea - Hairpins, Curling Pins, Curling Grips And Hair-Curlers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHairpin Price in South Korea - 2022
Contents:
- Hairpin Price in South Korea (FOB) - 2022
- Hairpin Price in South Korea (CIF) - 2022
- Hairpin Exports in South Korea
- Hairpin Imports in South Korea
Hairpin Price in South Korea (FOB) - 2022
The average hairpin export price stood at $37,675 per ton in 2022, rising by 3.6% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2021 an increase of 24%. The export price peaked at $43,698 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($81,153 per ton), while the average price for exports to Thailand ($2,861 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Hairpin Price in South Korea (CIF) - 2022
The average hairpin import price stood at $17,810 per ton in December 2022, rising by 20% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $21,180 per ton in March 2022; however, from April 2022 to December 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +0.9% per month.
Hairpin Exports in South Korea
Hairpin exports from South Korea contracted to 654 tons in 2022, with a decrease of -3.6% against 2021. Over the period under review, exports showed a drastic downturn.
In value terms, hairpin exports contracted to $25M in 2022. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 7.6% against the previous year.
| Export of Hairpin in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 22.0 | 16.4 | 17.7 | 17.3 | -7.7% |
| United States | 0.9 | 0.5 | 1.2 | 1.8 | 26.0% |
| Philippines | 1.0 | 0.5 | 0.1 | 1.5 | 14.5% |
| India | 0.6 | 0.3 | 0.7 | 0.7 | 5.3% |
| China | 2.7 | 2.0 | 2.2 | 0.4 | -47.1% |
| United Arab Emirates | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Thailand | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Russia | 1.3 | 0.7 | 0.3 | 0.1 | -57.5% |
| Others | 2.8 | 2.3 | 2.3 | 2.2 | -7.7% |
| Total | 31.4 | 22.9 | 24.7 | 24.6 | -7.8% |
Top Export Markets for Hairpin from South Korea in 2022:
- Japan (213.1 tons)
- Thailand (122.0 tons)
- China (86.9 tons)
- United States (52.8 tons)
- India (42.8 tons)
- Philippines (41.7 tons)
- United Arab Emirates (14.8 tons)
- Russia (7.3 tons)
Hairpin Imports in South Korea
Hairpin imports into South Korea was estimated at 1.7K tons in 2022, growing by 6.9% against the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, hairpin imports skyrocketed to $30M in 2022. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Hairpin in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.9 | 13.2 | 21.9 | 25.2 | 16.6% |
| Others | 1.5 | 1.5 | 2.7 | 4.3 | 42.1% |
| Total | 17.4 | 14.7 | 24.6 | 29.5 | 19.2% |
Top Suppliers of Hairpin to South Korea in 2022:
- China (1633.6 tons)
This report provides an in-depth analysis of the hairpin 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 22292915 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of plastic (excluding electro-thermic hairdressing apparatus)
- Prodcom 25992928 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of metal (excluding electro-thermic hairdressing apparatus)
- Prodcom 399900Z4 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof (excluding electro-thermic hairdressing apparatus)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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