Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea - 2022

Contents:

  1. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (CIF) - 2022
  2. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (FOB) - 2022
  3. Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea
  4. Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (CIF) - 2022

The average import price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $0.5 per unit in 2022, jumping by 35% against the previous year. Overall, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2017 an increase of 121% against the previous year. As a result, import price attained the peak level of $1.6 per unit. From 2018 to 2022, the average 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 Hong Kong SAR ($2.1 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (FOB) - 2022

The average export price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $1.2 per unit in 2022, which is down by -5.2% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 150%. Over the period under review, the average export prices attained the maximum at $1.5 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($1.2 per unit) and Lao People's Democratic Republic ($1.2 per unit), while the average price for exports to Russia ($1.2 per unit) and the United Arab Emirates ($1.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea

In 2022, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings into South Korea soared to 5.9M units, increasing by 34% compared with the year before. In general, imports, however, recorded a deep setback. Over the period under review, imports of hit record highs at 8.8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings soared to $3.1M in 2022. Over the period under review, imports, however, saw a deep contraction. Imports peaked at $5.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2391,1381,1122,53026.9%
Vietnam615180120199-31.3%
Turkey25255.20.1153-15.3%
Germany16015.812.686.4-18.6%
Hong Kong SAR3,0055113000.1-96.8%
Others86.143.918617526.7%
Total5,3581,9451,7313,143-16.3%

Top Suppliers of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning to South Korea in 2022:

  1. China (4977.0K units)
  2. Vietnam (337.5K units)
  3. Turkey (260.3K units)
  4. Germany (146.9K units)
  5. Hong Kong SAR (0.1K units)

Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea

In 2022, approx. 437K units of travel sets; for personal toilet, sewing, shoe or clothes cleanings were exported from South Korea; falling by -18.8% against the previous year. Overall, exports showed a precipitous decline. The smallest decline of -9.4% was in 2021. Over the period under review, the exports of reached the peak figure at 866K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings shrank remarkably to $518K in 2022. Over the period under review, exports recorded a deep reduction. The smallest decline of -14.5% was in 2020. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A0.843654400.0%
China14.075.227544.947.5%
Lao People's Democratic RepublicN/AN/A21.911.1-49.3%
Taiwan (Chinese)3011.03.44.5-75.4%
PhilippinesN/A7112321.0-96.2%
Vietnam16413.63.90.8-83.0%
Macao SAR164N/AN/AN/A0%
JapanN/AN/A66.9N/A0%
Others36560.869.020.5-61.7%
Total1,008862673518-19.9%

Top Export Markets for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning from South Korea in 2022:

  1. Russia (369.1K units)
  2. China (37.5K units)
  3. Lao People's Democratic Republic (9.3K units)
  4. Taiwan (Chinese) (3.8K units)
  5. Philippines (0.8K units)
  6. Vietnam (0.7K units)

Source: IndexBox Market Intelligence Platform

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