Republic of Korea - Machines For Reeling, Unreeling Or Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Machines For Reeling, Unreeling Or Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights

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Textile Relling Machine Price in South Korea - 2022

Contents:

  1. Textile Relling Machine Price in South Korea (CIF) - 2022
  2. Textile Relling Machine Price in South Korea (FOB) - 2022
  3. Textile Relling Machine Imports in South Korea
  4. Textile Relling Machine Exports in South Korea

Textile Relling Machine Price in South Korea (CIF) - 2022

The average textile relling machine import price stood at $5,317 per unit in 2022, falling by -38% against the previous year. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of 25%. As a result, import price reached the peak level of $8,576 per unit, and then dropped rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($6,628 per unit), while the price for China amounted to $4,790 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.5%).

Textile Relling Machine Price in South Korea (FOB) - 2022

The average textile relling machine export price stood at $4,986 per unit in December 2022, shrinking by -59% against the previous month. Over the period under review, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in March 2022 an increase of 85% against the previous month. Over the period under review, the average export prices hit record highs at $13,656 per unit in October 2022; afterwards, it flattened through to December 2022.

There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Vietnam ($32,121 per unit), while the average price for exports to China ($2,040 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Relling Machine Imports in South Korea

In 2022, overseas purchases of machines for reeling, unreeling or textile fabrics decreased by -29.2% to 5K units, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,381% against the previous year. As a result, imports attained the peak of 70K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, textile relling machine imports fell significantly to $27M in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 2,694%. As a result, imports reached the peak of $481M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Textile Relling Machine in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.047556.120.923.9%
Japan3.83.12.02.2-16.7%
Others2.53.22.53.511.9%
Total17.248160.626.615.6%

Top Suppliers of Textile Relling Machine to South Korea in 2022:

  1. China (4.4K units)
  2. Japan (0.3K units)

Textile Relling Machine Exports in South Korea

In 2022, shipments abroad of machines for reeling, unreeling or textile fabrics decreased by -53% to 1.8K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2021 when exports increased by 136%. As a result, the exports reached the peak of 3.9K units, and then shrank sharply in the following year.

In value terms, textile relling machine exports contracted rapidly to $14M in 2022. Over the period under review, exports, however, posted a moderate increase. The growth pace was the most rapid in 2021 with an increase of 139%. As a result, the exports attained the peak of $30M, and then reduced sharply in the following year.

Export of Textile Relling Machine in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2833409672,20698.3%
Vietnam3,6403,0932,4301,993-18.2%
United States3152,2723,2051,87581.2%
Thailand7844241901,08711.5%
Indonesia6579831,4261,00315.1%
Bangladesh24883.187596057.0%
China1,0611,3735,276704-12.8%
Czech Republic60.528.351.147999.3%
Poland25420718334210.4%
Japan1,730596304338-42.0%
Mexico405310449291-10.4%
Ethiopia17.913.310.0217129.7%
Pakistan22.530.128.536.117.1%
Others2,9582,99115,0512,358-7.3%
Total12,43712,74530,44613,8893.7%

Top Export Markets for Textile Relling Machine from South Korea in 2022:

  1. Indonesia (289.0 units)
  2. Vietnam (233.0 units)
  3. China (206.0 units)
  4. United States (176.0 units)
  5. India (151.0 units)
  6. Bangladesh (109.0 units)
  7. Czech Republic (104.0 units)
  8. Mexico (71.0 units)
  9. Ethiopia (69.0 units)
  10. Poland (46.0 units)
  11. Pakistan (39.0 units)
  12. Japan (39.0 units)
  13. Thailand (30.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile relling machine 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 28942170 - Machines for reeling, unreeling, folding, cutting or pinking textile fabrics

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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