Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea - 2022
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (CIF) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $8,719 per ton in 2022, with a decrease of -19.5% against the previous year. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 193%. The import price peaked at $10,895 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 ($100,157 per ton), while the price for China ($5,946 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $2,230 per ton in 2022, shrinking by -42.3% against the previous year. In general, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 61%. Over the period under review, the average export prices attained the maximum at $8,914 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,761 per ton), while the average price for exports to Togo ($692 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 Pakistan (+79.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea
In 2022, approx. 337 tons of man-made filament yarn (other than sewing thread), put up for retail sale were imported into South Korea; with an increase of 84% compared with 2021 figures. Over the period under review, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $2.9M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +99.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,043 | 849 | 1,067 | 1,864 | 21.4% |
| United States | 951 | 563 | 790 | 887 | -2.3% |
| Turkey | 2.9 | 0.4 | 0.5 | 55.5 | 167.5% |
| Others | 129 | 59.5 | 106 | 128 | -0.3% |
| Total | 2,125 | 1,472 | 1,963 | 2,935 | 11.4% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to South Korea in 2022:
- China (313.5 tons)
- United States (8.9 tons)
- Turkey (7.8 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea
In 2022, shipments abroad of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -16% to 172 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 146% against the previous year. As a result, the exports attained the peak of 241 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale contracted to $487K in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 40.8 | 189 | 141 | 242.8% |
| Vietnam | 530 | 301 | 240 | 102 | -42.3% |
| Pakistan | 8.4 | 147 | 105 | 96.1 | 125.3% |
| Indonesia | 1.3 | N/A | 0.1 | 40.3 | 214.1% |
| China | 27.4 | 0.6 | 1.2 | 33.1 | 6.5% |
| Senegal | N/A | N/A | N/A | 10.9 | 0% |
| Togo | 18.0 | 1.9 | 1.9 | 7.0 | -27.0% |
| Others | 18.4 | 17.9 | 28.1 | 56.2 | 45.1% |
| Total | 607 | 510 | 566 | 487 | -7.1% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from South Korea in 2022:
- Vietnam (86.4 tons)
- Pakistan (29.3 tons)
- United States (16.1 tons)
- Togo (10.1 tons)
- Indonesia (6.6 tons)
- China (6.4 tons)
- Senegal (3.8 tons)
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