Republic of Korea - Manicure Or Pedicure Preparations - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 27, 2024

Republic of Korea - Manicure Or Pedicure Preparations - Market Analysis, Forecast, Size, Trends And Insights

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Price for Manicure or Pedicure Preparations in South Korea - 2022

Contents:

  1. Price for Manicure or Pedicure Preparations in South Korea (FOB) - 2022
  2. Price for Manicure or Pedicure Preparations in South Korea (CIF) - 2022
  3. Exports of Manicure or Pedicure Preparations in South Korea
  4. Imports of Manicure or Pedicure Preparations in South Korea

Price for Manicure or Pedicure Preparations in South Korea (FOB) - 2022

In December 2022, the average manicure or pedicure preparations export price amounted to $11,455 per ton, shrinking by -20.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 94% month-to-month. Over the period under review, the average export prices reached the maximum at $16,106 per ton in January 2022; however, from February 2022 to December 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($13,222 per ton), while the average price for exports to Hong Kong SAR ($6,815 per ton) 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 the United States (+3.0%), while the prices for the other major destinations experienced a decline.

Price for Manicure or Pedicure Preparations in South Korea (CIF) - 2022

The average manicure or pedicure preparations import price stood at $22,419 per ton in December 2022, falling by -43.4% against the previous month. Overall, the import price recorded a perceptible descent. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 191% month-to-month. As a result, import price attained the peak level of $51,058 per ton. From March 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 Japan ($73,667 per ton), while the price for France ($9,747 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Manicure or Pedicure Preparations in South Korea

In 2022, exports of manicure or pedicure preparations from South Korea skyrocketed to 4.3K tons, growing by 38% against the year before. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 55%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, manicure or pedicure preparations exports surged to $39M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Export of Manicure or Pedicure Preparations in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.311.520.422.044.4%
Japan2.63.04.711.061.7%
Hong Kong SAR0.91.21.31.210.1%
Others4.94.13.95.11.3%
Total15.719.830.339.335.8%

Top Export Markets for Manicure or Pedicure Preparations from South Korea in 2022:

  1. United States (3.5K tons)
  2. Japan (0.6K tons)
  3. Hong Kong SAR (0.1K tons)

Imports of Manicure or Pedicure Preparations in South Korea

Manicure or pedicure preparations imports into South Korea reduced to 238 tons in 2022, dropping by -11.2% on the previous year. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 268 tons, and then dropped in the following year.

In value terms, manicure or pedicure preparations imports dropped to $7.3M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $7.7M, and then shrank in the following year.

Import of Manicure or Pedicure Preparations in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.81.91.92.511.6%
United States2.01.72.71.6-7.2%
France1.31.01.21.30.0%
China0.40.81.41.140.1%
Japan0.30.20.20.410.1%
Luxembourg0.30.2N/A0.1-30.7%
Others0.30.30.30.30.0%
Total6.46.17.77.34.5%

Top Suppliers of Manicure or Pedicure Preparations to South Korea in 2022:

  1. France (71.6 tons)
  2. United States (66.1 tons)
  3. China (47.9 tons)
  4. Germany (35.0 tons)
  5. Japan (5.6 tons)
  6. Luxembourg (4.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for manicure or pedicure preparations 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 20421300 - Manicure or pedicure preparations

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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