Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (CIF) - 2022
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $16.3 per square meter in December 2022, which is down by -31.7% against the previous month. Overall, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in March 2022 an increase of 77% month-to-month. As a result, import price reached the peak level of $43.5 per square meter. From April 2022 to December 2022, the average import prices remained at a somewhat 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 Italy ($41.9 per square meter), while the price for China ($6.9 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (FOB) - 2022
In December 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $12.2 per square meter, growing by 109% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $15.4 per square meter in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($19.1 per square meter), while the average price for exports to China amounted to $11.2 per square meter.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea
In 2022, approx. 1.7M square meters of woven fabrics of carded wool or of carded fine animal hair were imported into South Korea; reducing by -2.3% compared with the previous year's figure. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.6% against the previous year. Over the period under review, imports of reached the peak figure at 2M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair rose sharply to $41M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 28.7 | 24.6 | 26.8 | 31.6 | 3.3% |
| United Kingdom | 2.3 | 2.5 | 3.6 | 3.6 | 16.1% |
| China | 6.4 | 4.5 | 4.9 | 3.5 | -18.2% |
| Japan | 1.4 | 1.1 | 1.3 | 1.5 | 2.3% |
| Others | 1.7 | 1.8 | 1.7 | 1.0 | -16.2% |
| Total | 40.5 | 34.5 | 38.3 | 41.1 | 0.5% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to South Korea in 2022:
- Italy (918.4K square meters)
- China (432.5K square meters)
- United Kingdom (173.2K square meters)
- Japan (112.5K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea
In 2022, approx. 1.3M square meters of woven fabrics of carded wool or of carded fine animal hair were exported from South Korea; reducing by -19.2% compared with 2021. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 7.1%. Over the period under review, the exports of hit record highs at 1.8M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair dropped dramatically to $10M in 2022. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports of hit record highs at $16M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 8.7 | 9.1 | 7.8 | -11.1% |
| Vietnam | 1.8 | 2.6 | 2.6 | 1.4 | -8.0% |
| Philippines | 1.9 | 1.0 | 0.9 | 0.4 | -40.5% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.8 | 0.5 | 1.9 | 0.5 | -14.5% |
| Total | 15.7 | 12.8 | 14.5 | 10.1 | -13.7% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from South Korea in 2022:
- China (1099.1K square meters)
- Vietnam (137.3K square meters)
- United Arab Emirates (33.5K square meters)
- Philippines (28.1K square meters)
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