Price for Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea - 2022

Contents:

1. Price for Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea (CIF) - 2022
2. Price for Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea (FOB) - 2022
3. Imports of Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea
4. Exports of Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea

Price for Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea (CIF) - 2022

The average import price for sailboards, landcraft or camping goods; of textile materials stood at $8,022 per ton in December 2022, increasing by 1.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 22% m-o-m. Over the period under review, average import prices reached the maximum at $9,260 per ton in March 2022; however, from April 2022 to December 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Vietnam ($25,055 per ton), while the price for China amounted to $7,519 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.2%).

Price for Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea (FOB) - 2022

The average export price for sailboards, landcraft or camping goods; of textile materials stood at $25,146 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price enjoyed strong growth. The growth pace was the most rapid in 2014 when the average export price increased by 50% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($34,072 per ton), while the average price for exports to India ($2,411 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 Iraq (+80.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea

In 2022, supplies from abroad of sailboards, landcraft or camping goods; of textile materials decreased by -0.1% to 2.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.9% 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 +90.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 67% against the previous year.

In value terms, imports of sailboards, landcraft or camping goods; of textile materials rose markedly to $18M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Sailboards, Landcraft or Camping Goods of Textile Materials to South Korea in 2022:

1. China (2291.3 tons)
2. Vietnam (106.1 tons)

Exports of Sailboards, Landcraft or Camping Goods of Textile Materials in South Korea

For the fourth consecutive year, South Korea recorded growth in overseas shipments of sailboards, landcraft or camping goods; of textile materials, which increased by 109% to 489 tons in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sailboards, landcraft or camping goods; of textile materials skyrocketed to $12M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 136% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Sailboards, Landcraft or Camping Goods of Textile Materials from South Korea in 2022:

1. United States (115.6 tons)
2. Japan (101.3 tons)
3. China (94.2 tons)
4. Germany (45.8 tons)
5. India (42.1 tons)
6. Russia (20.4 tons)
7. Taiwan (Chinese) (11.6 tons)

Source: IndexBox Market Intelligence Platform