Republic of Korea - Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres - Market Analysis, Forecast, Size, Trends And Insights

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Price for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea - 2022

Contents:

  1. Price for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (CIF) - 2022
  2. Price for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (FOB) - 2022
  3. Imports of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea
  4. Exports of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea

Price for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (CIF) - 2022

The average import price for bed linen of other woven textiles and non-woven man-made fibres stood at $7,390 per ton in December 2022, shrinking by -3.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2022 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the maximum at $9,094 per ton in July 2022; however, from August 2022 to December 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was China ($7,306 per ton), while the price for Vietnam totaled $6,446 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

Price for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (FOB) - 2022

In 2022, the average export price for bed linen of other woven textiles and non-woven man-made fibres amounted to $29,104 per ton, which is down by -2.2% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 459%. As a result, the export price reached the peak level of $40,623 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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 China ($76,491 per ton), while the average price for exports to Singapore ($7,880 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 China (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea

In 2022, after three years of growth, there was significant decline in overseas purchases of bed linen of other woven textiles and non-woven man-made fibres, when their volume decreased by -16.5% to 3.4K tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 35%.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres contracted to $28M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 30%.

Import of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.519.124.723.414.7%
Vietnam2.85.25.43.13.5%
Others1.41.21.51.40.0%
Total19.725.631.627.912.3%

Top Suppliers of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres to South Korea in 2022:

  1. China (3.0K tons)
  2. Vietnam (0.4K tons)

Exports of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea

In 2022, the amount of bed linen of other woven textiles and non-woven man-made fibres exported from South Korea shrank notably to 19 tons, reducing by -16.2% compared with the previous year. Overall, exports showed a dramatic shrinkage.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres declined sharply to $540K in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 124% against the previous year. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam13417411968.3-20.1%
United States21.915311359.539.5%
Japan2351,53110457.1-37.6%
Taiwan (Chinese)7.83.115.350.986.9%
Singapore0.51.68.449.6362.9%
Norway27.314.230.541.615.1%
MexicoN/AN/AN/A35.80%
Philippines440N/A6.3N/A-88.0%
Others10930526317717.5%
Total9762,181659540-17.9%

Top Export Markets for Bed Linen of Other Woven Textiles and Non-Woven Man-Made Fibres from South Korea in 2022:

  1. Singapore (6.3 tons)
  2. Japan (2.2 tons)
  3. Vietnam (2.1 tons)
  4. United States (1.9 tons)
  5. Norway (1.3 tons)
  6. Taiwan (Chinese) (1.1 tons)
  7. Mexico (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bed linen of other woven textiles and non-woven man-made fibres 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 13921259 - Bed linen of woven textiles (excluding of cotton, of flax or ramie)

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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