Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea - 2022
Contents:
- Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (CIF) - 2022
- Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (FOB) - 2022
- Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea
- Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea
Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (CIF) - 2022
The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $10,459 per ton in December 2022, dropping by -27.6% against the previous month. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in November 2022 an increase of 39% against the previous month. Over the period under review, average import prices attained the maximum at $18,395 per ton in February 2022; however, from March 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($75,092 per ton), while the price for China ($9,276 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 the United States (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (FOB) - 2022
The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $11,076 per ton in 2022, with an increase of 9.4% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices attained the maximum at $15,562 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Germany ($18,296 per ton), while the average price for exports to Pakistan ($4,447 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 South Africa (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea
In 2022, the amount of tents of textile materials other than cotton or synthetic fibreses imported into South Korea stood at 2K tons, picking up by 15% against the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of tents of textile materials other than cotton or synthetic fibreses surged to $17M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 6.1 | 11.4 | 10.5 | 73.8% |
| Vietnam | N/A | 0.1 | 0.5 | 2.7 | 419.6% |
| Malaysia | N/A | N/A | N/A | 1.1 | 0% |
| Pakistan | N/A | N/A | N/A | 0.7 | 0% |
| Cambodia | 1.7 | 0.6 | N/A | N/A | -64.7% |
| Others | 1.2 | 0.7 | 1.4 | 1.6 | 10.1% |
| Total | 4.9 | 7.5 | 13.4 | 16.6 | 50.2% |
Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to South Korea in 2022:
- China (1356.1 tons)
- Vietnam (246.0 tons)
- Malaysia (230.1 tons)
- Pakistan (129.3 tons)
Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea
Exports of tents of textile materials other than cotton or synthetic fibreses from South Korea reduced sharply to 54 tons in 2022, with a decrease of -78.7% against 2021. Overall, exports showed a significant curtailment. The smallest decline of -11.8% was in 2020.
In value terms, exports of tents of textile materials other than cotton or synthetic fibreses contracted dramatically to $599K in 2022. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 5.3% against the previous year. As a result, the exports reached the peak of $4.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 127 | 49.2 | 79.4 | 150 | 5.7% |
| France | 92.3 | 93.4 | 53.7 | 101 | 3.0% |
| Pakistan | N/A | N/A | N/A | 78.5 | 0% |
| Czech Republic | 75.0 | 54.0 | 23.3 | 59.0 | -7.7% |
| China | 59.9 | 39.5 | 13.2 | 50.9 | -5.3% |
| Latvia | 21.4 | 10.4 | 20.8 | 39.2 | 22.4% |
| Japan | 233 | 82.4 | 4.5 | 36.7 | -46.0% |
| Germany | 810 | 710 | 600 | 25.9 | -68.3% |
| United States | 1,947 | 2,577 | 1,158 | 3.5 | -87.8% |
| United Kingdom | 140 | 87.3 | 83.9 | 1.5 | -78.0% |
| Canada | 133 | 215 | 133 | 0.4 | -85.6% |
| Australia | 378 | 183 | 214 | 0.4 | -89.8% |
| Netherlands | 15.8 | 377 | N/A | N/A | 2286.1% |
| Others | 551 | 349 | 182 | 52.3 | -54.4% |
| Total | 4,584 | 4,828 | 2,565 | 599 | -49.3% |
Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from South Korea in 2022:
- Pakistan (17.6 tons)
- South Africa (10.6 tons)
- France (7.6 tons)
- Czech Republic (4.2 tons)
- China (2.9 tons)
- Japan (2.8 tons)
- Latvia (2.3 tons)
- Germany (1.4 tons)
- United States (0.2 tons)
- United Kingdom (0.1 tons)
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