Republic of Korea - Quilted Textile Products In The Piece (Excluding Embroidery) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingQuilted Textile Products Price in South Korea - 2021
Contents:
- Quilted Textile Products Price in South Korea (FOB) - 2022
- Quilted Textile Products Price in South Korea (CIF) - 2022
- Quilted Textile Products Exports in South Korea
- Quilted Textile Products Imports in South Korea
Quilted Textile Products Price in South Korea (FOB) - 2022
The average quilted textile products export price stood at $5.6 per square meter in 2022, shrinking by -1.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 3.3% against the previous year. As a result, the export price reached the peak level of $5.6 per square meter, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($16 per square meter), while the average price for exports to Myanmar ($1.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Quilted Textile Products Price in South Korea (CIF) - 2022
In 2022, the average quilted textile products import price amounted to $9.8 per square meter, with a decrease of -6.1% against the previous year. In general, the import price, however, saw a noticeable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $10 per square meter, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($45 per square meter), while the price for China ($3.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.5%), while the prices for the other major suppliers experienced a decline.
Quilted Textile Products Exports in South Korea
In 2022, the amount of quilted textile products in the piece (excluding embroidery) exported from South Korea rose sharply to 554K square meters, with an increase of 8.3% compared with the year before. Over the period under review, exports, however, showed a noticeable descent. The exports peaked at 596K square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, quilted textile products exports expanded sharply to $3.1M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Quilted Textile Products in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 5.1 | 5.8 | 5.5 | -12.5% |
| Uzbekistan | 2.4 | 2.2 | 1.1 | 1.6 | -12.6% |
| Vietnam | 0.6 | 0.8 | 0.8 | 0.7 | 5.3% |
| Indonesia | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Japan | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Myanmar | N/A | N/A | N/A | N/A | 0% |
| Others | -8.9 | -5.5 | -5.7 | -5.5 | -14.8% |
| Total | 2.8 | 3.3 | 2.9 | 3.1 | 3.5% |
Top Export Markets for Quilted Textile Products from South Korea in 2022:
- China (521.6K square meters)
- Uzbekistan (118.4K square meters)
- Vietnam (51.4K square meters)
- Indonesia (32.2K square meters)
- Myanmar (30.9K square meters)
- Japan (14.0K square meters)
Quilted Textile Products Imports in South Korea
In 2022, supplies from abroad of quilted textile products in the piece (excluding embroidery) decreased by -8% to 110K square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 120K square meters, and then declined in the following year.
In value terms, quilted textile products imports dropped to $1.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $1.2M, and then declined in the following year.
| Import of Quilted Textile Products in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 435 | 557 | 694 | 592 | 10.8% |
| Italy | 62.1 | 62.4 | 188 | 161 | 37.4% |
| Japan | 77.7 | 110 | 171 | 146 | 23.4% |
| Taiwan (Chinese) | 72.2 | 40.1 | 58.4 | 49.8 | -11.6% |
| Vietnam | 11.1 | 37.5 | 46.5 | 39.7 | 52.9% |
| Others | 68.8 | 102 | 89.4 | 90.8 | 9.7% |
| Total | 727 | 909 | 1,248 | 1,079 | 14.1% |
Top Suppliers of Quilted Textile Products to South Korea in 2022:
- China (161.1K square meters)
- Japan (5.2K square meters)
- Vietnam (4.6K square meters)
- Italy (3.6K square meters)
- Taiwan (Chinese) (3.3K square meters)
This report provides an in-depth analysis of the quilted textile products market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13991600 - Quilted textile products in the piece (excluding embroidery)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, quilted textile products imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicat...
1028
In value terms, quilted textile products exports amounted to $X in 2016. Overall, quilted textile products exports continue to indicate a relatively flat trend pattern. Over the period under review...
1480
In value terms, quilted textile products imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicat...
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In value terms, quilted textile products exports amounted to $X in 2016. Overall, quilted textile products exports continue to indicate a relatively flat trend pattern. Over the period under review...
