Republic of Korea - Footwear - Market Analysis, Forecast, Size, Trends and Insights
Republic of Korea: Footwear Market Overview 2018
Footwear Imports into Republic of Korea
In 2017, approx. X pairs of footwear were imported into South Korea; lowering by -X% against the previous year. In general, the total imports indicated a notable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the footwear imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when it surged by X% from the previous year. Over the period under review, the footwear imports attained its maximum volume of X pairs in 2014; however, from 2015 to 2017, it failed to regain its strength.
In value terms, footwear imports stood at $X in 2017. In general, footwear imports continue to indicate a prominent growth. Over the period under review, the footwear imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its strength.
Footwear Exports from Republic of Korea
In 2017, exports of footwear in South Korea totaled X pairs, picking up by X% against the previous year. Overall, footwear exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2009, when the exports increased by X% from the previous year. Over the period under review, the footwear exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.
In value terms, footwear exports amounted to $X in 2017. In general, footwear exports continue to indicate a prominent increase. In that year, the footwear exports attained its maximum level, and are likely to continue its growth in the immediate term.
Source: IndexBox AI Platform
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