Republic of Korea - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilk Fabric Price in South Korea - 2022
Contents:
- Silk Fabric Price in South Korea (CIF) - 2022
- Silk Fabric Price in South Korea (FOB) - 2022
- Silk Fabric Imports in South Korea
- Silk Fabric Exports in South Korea
Silk Fabric Price in South Korea (CIF) - 2022
The average silk fabric import price stood at $10.0 per square meter in December 2022, picking up by 7.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 9.7% m-o-m. Over the period under review, average import prices hit record highs at $11.9 per square meter in March 2022; however, from April 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($20.0 per square meter), while the price for India ($5.9 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 China (-0.1%), while the prices for the other major suppliers experienced a decline.
Silk Fabric Price in South Korea (FOB) - 2022
In 2022, the average silk fabric export price amounted to $12 per square meter, falling by -4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $14 per square meter. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($25 per square meter), while the average price for exports to Myanmar ($2 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 Panama (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Silk Fabric Imports in South Korea
In 2022, the amount of woven fabrics of silk or of silk waste imported into South Korea dropped to 2.2M square meters, waning by -10.6% against 2021. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked at 4M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, silk fabric imports contracted markedly to $18M in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports reached the peak figure at $32M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Silk Fabric in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.4 | 13.2 | 20.0 | 16.8 | -17.9% |
| Italy | 1.1 | 0.8 | 1.2 | 0.8 | -10.1% |
| Others | 1.0 | 0.7 | 0.6 | 0.6 | -15.7% |
| Total | 32.5 | 14.7 | 21.8 | 18.2 | -17.6% |
Top Suppliers of Silk Fabric to South Korea in 2022:
- China (2074.1K square meters)
- Italy (53.8K square meters)
Silk Fabric Exports in South Korea
In 2022, approx. 1.5M square meters of woven fabrics of silk or of silk waste were exported from South Korea; with a decrease of -3.7% compared with the year before. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. The exports peaked at 2.7M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, silk fabric exports dropped to $19M in 2022. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 20%. Over the period under review, the exports reached the maximum at $38M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Silk Fabric in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.4 | 6.4 | 8.0 | 10.4 | -14.1% |
| United Arab Emirates | 2.6 | 1.9 | 2.6 | 1.7 | -13.2% |
| Hong Kong SAR | 5.6 | 1.6 | 2.7 | 0.9 | -45.6% |
| China | 2.0 | 1.0 | 0.7 | 0.7 | -29.5% |
| Dominican Republic | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Canada | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Saudi Arabia | 1.4 | 0.5 | 0.5 | 0.4 | -34.1% |
| France | 2.2 | 0.9 | 0.4 | 0.4 | -43.3% |
| Myanmar | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| Panama | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Vietnam | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
| Others | 5.7 | 3.4 | 3.8 | 2.8 | -21.1% |
| Total | 37.5 | 17.1 | 20.5 | 18.8 | -20.6% |
Top Export Markets for Silk Fabric from South Korea in 2022:
- United States (768.1K square meters)
- Myanmar (144.0K square meters)
- United Arab Emirates (107.9K square meters)
- Hong Kong SAR (76.1K square meters)
- Panama (66.6K square meters)
- Canada (55.4K square meters)
- China (49.7K square meters)
- Dominican Republic (32.1K square meters)
- Saudi Arabia (24.8K square meters)
- Vietnam (17.5K square meters)
- France (15.8K square meters)
This report provides an in-depth analysis of the silk fabric 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 13201100 - Woven fabrics of silk or silk waste
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
-
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
390
This report provides an in-depth analysis of the silk fabric market in Republic of Korea.
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This report provides an in-depth analysis of the market for woven fabrics of silk or silk waste in Republic of Korea.
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This report provides an in-depth analysis of the global silk fabric market.
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Global Silk Woven Fabric Market Report 2018. This report provides an in-depth analysis of the global silk woven fabric market.
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This report provides an in-depth analysis of the silk fabric market in Republic of Korea.
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This report provides an in-depth analysis of the market for woven fabrics of silk or silk waste in Republic of Korea.
1476
This report provides an in-depth analysis of the global silk fabric market.
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Global Silk Woven Fabric Market Report 2018. This report provides an in-depth analysis of the global silk woven fabric market.
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