Republic of Korea - Leather Further Prepared After Tanning or Crusting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Leather Further Prepared After Tanning or Crusting in South Korea - 2022
Contents:
- Price for Leather Further Prepared After Tanning or Crusting in South Korea (FOB) - 2022
- Price for Leather Further Prepared After Tanning or Crusting in South Korea (CIF) - 2022
- Exports of Leather Further Prepared After Tanning or Crusting in South Korea
- Imports of Leather Further Prepared After Tanning or Crusting in South Korea
Price for Leather Further Prepared After Tanning or Crusting in South Korea (FOB) - 2022
In December 2022, the average export price for leather further prepared after tanning or crusting amounted to $14.5 per square meter, growing by 25% against the previous month. Over the period under review, export price indicated a temperate expansion from December 2021 to December 2022: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, export price for leather further prepared after tanning or crusting increased by +8.6% against September 2022 indices. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 35% m-o-m. As a result, the export price reached the peak level of $16.3 per square meter. From March 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($48.2 per square meter), while the average price for exports to Vietnam ($7.9 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.0%), while the prices for the other major destinations experienced a decline.
Price for Leather Further Prepared After Tanning or Crusting in South Korea (CIF) - 2022
In 2022, the average import price for leather further prepared after tanning or crusting amounted to $13 per square meter, dropping by -40.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 149%. The import price peaked at $22 per square meter in 2021, and then contracted dramatically in the following year.
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 the United States ($57 per square meter), while the price for Taiwan (Chinese) ($4.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Leather Further Prepared After Tanning or Crusting in South Korea
In 2022, shipments abroad of leather further prepared after tanning or crusting was finally on the rise to reach 723K square meters after two years of decline. In general, exports, however, continue to indicate a deep downturn. The exports peaked at 947K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of leather further prepared after tanning or crusting expanded modestly to $3.5M in 2022. Overall, exports, however, saw a abrupt descent. The exports peaked at $5.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Leather Further Prepared After Tanning or Crusting in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1,869 | 1,794 | 1,638 | 1,963 | 1.6% |
United States | 445 | 280 | 574 | 622 | 11.8% |
Russia | 702 | 625 | 453 | 500 | -10.7% |
China | 278 | 99.9 | 139 | 104 | -27.9% |
Lithuania | 383 | 280 | 30.9 | 40.4 | -52.8% |
Estonia | 739 | N/A | N/A | N/A | 0% |
Others | 1,160 | 519 | 572 | 293 | -36.8% |
Total | 5,576 | 3,598 | 3,406 | 3,522 | -14.2% |
Top Export Markets for Leather Further Prepared After Tanning or Crusting from South Korea in 2022:
- Vietnam (557.4K square meters)
- Russia (94.7K square meters)
- United States (32.2K square meters)
- China (13.3K square meters)
- Lithuania (6.8K square meters)
Imports of Leather Further Prepared After Tanning or Crusting in South Korea
Imports of leather further prepared after tanning or crusting into South Korea surged to 5.1K square meters in 2022, jumping by 183% compared with the previous year's figure. In general, imports, however, recorded a dramatic curtailment. Imports peaked at 17K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of leather further prepared after tanning or crusting soared to $66K in 2022. Over the period under review, imports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. Over the period under review, imports of attained the maximum at $134K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Leather Further Prepared After Tanning or Crusting in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.6 | 4.6 | 33.6 | 50.5 | 42.1% |
United States | 8.1 | 9.8 | N/A | 14.3 | 20.9% |
Taiwan (Chinese) | 1.7 | N/A | N/A | 0.9 | -19.1% |
Hong Kong SAR | 31.7 | N/A | N/A | N/A | 0% |
Thailand | 74.5 | N/A | N/A | N/A | 0% |
Others | 0.1 | 2.8 | 5.5 | N/A | 641.6% |
Total | 134 | 17.2 | 39.1 | 65.6 | -21.2% |
Top Suppliers of Leather Further Prepared After Tanning or Crusting to South Korea in 2022:
- China (4.6K square meters)
- United States (0.3K square meters)
- Taiwan (Chinese) (0.2K square meters)
This report provides an in-depth analysis of the market for leather further prepared after tanning or crusting 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 15114350 - Leather of swine without hair on, parchment-dressed or prepared after tanning (excluding patent leather, patent laminated leather and metallised leather)
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
This report provides an in-depth analysis of the market for leather further prepared after tanning or crusting in Republic of Korea.
This report provides an in-depth analysis of the market for goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather) in Republic of Korea.
This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Republic of Korea.
This report provides an in-depth analysis of the global market for leather further prepared after tanning or crusting.
This report provides an in-depth analysis of the global market for goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather).
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
This report provides an in-depth analysis of the market for leather further prepared after tanning or crusting in Republic of Korea.
This report provides an in-depth analysis of the market for goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather) in Republic of Korea.
This report provides an in-depth analysis of the global market for leather further prepared after tanning or crusting.
This report provides an in-depth analysis of the global market for goat or kid skin leather without hair on, parchment-dressed or prepared after tanning (excluding chamois leather, patent leather, patent laminated leather and metallised leather).
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