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Republic of Korea - Nonwoven Fabric - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Nonwoven Fabric Market Overview 2021

Nonwoven Fabric Market Size in Republic of Korea

The South Korean nonwoven fabric market soared to $X in 2020, growing by X% against the previous year. Overall, the total consumption indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nonwoven Fabric Production in Republic of Korea

In value terms, nonwoven fabric production shrank to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the production volume increased by X% against the previous year. Nonwoven fabric production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Nonwoven Fabric Exports

Exports from Republic of Korea

After three years of growth, shipments abroad of nonwoven fabrics decreased by -X% to X tonnes in 2020. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then contracted dramatically in the following year.

In value terms, nonwoven fabric exports dropped dramatically to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tonnes), the U.S. (X tonnes) and China (X tonnes) were the main destinations of nonwoven fabric exports from South Korea, with a combined X% share of total exports. These countries were followed by Viet Nam, Indonesia, the Netherlands and Thailand, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and the U.S. ($X) constituted the largest markets for nonwoven fabric exported from South Korea worldwide, together comprising X% of total exports. Viet Nam, Indonesia, the Netherlands and Thailand lagged somewhat behind, together comprising a further X Netherlands saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nonwoven fabric export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Nonwoven Fabric Imports

Imports into Republic of Korea

In 2020, approx. X tonnes of nonwoven fabrics were imported into South Korea; picking up by X% compared with 2019 figures. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nonwoven fabric imports soared to $X in 2020. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of nonwoven fabric to South Korea, with a X% share of total imports. Moreover, nonwoven fabric imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tonnes), more than tenfold. The third position in this ranking was occupied by Taiwan (Chinese) (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Taiwan (Chinese) (-X% per year).

In value terms, China ($X) constituted the largest supplier of nonwoven fabric to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

In 2020, the average nonwoven fabric import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nonwoven fabrics in the world?
+
The countries with the highest volumes of nonwoven fabric consumption in 2020 were China (2.7M tonnes), the U.S. (1.5M tonnes) and Brazil (452K tonnes), with a combined 45% share of global consumption. Japan, Germany, Turkey, South Korea, Italy, Iran, Mexico, Poland, Viet Nam and Thailand lagged somewhat behind, together comprising a further 27%.
What are the largest producers of nonwoven fabrics in the world?
+
China (3.9M tonnes) constituted the country with the largest volume of nonwoven fabric production, comprising approx. 39% of total volume. Moreover, nonwoven fabric production in China exceeded the figures recorded by the second-largest producer, the U.S. (1.2M tonnes), threefold. The third position in this ranking was occupied by Turkey (550K tonnes), with a 5.4% share.
What are the leading suppliers of nonwoven fabrics to Republic of Korea?
+
In value terms, China ($676M) constituted the largest supplier of nonwoven fabric to South Korea, comprising 80% of total imports. The second position in the ranking was occupied by Japan ($68M), with a 8% share of total imports. It was followed by Taiwan (Chinese), with a 1.8% share.
What are the leading importers of nonwoven fabrics from Republic of Korea?
+
In value terms, the largest markets for nonwoven fabric exported from South Korea were China ($74M), Japan ($68M) and the U.S. ($66M), with a combined 60% share of total exports. These countries were followed by Viet Nam, Indonesia, the Netherlands and Thailand, which together accounted for a further 23%.
What is the average export price for nonwoven fabrics in Republic of Korea?
+
In 2020, the average nonwoven fabric export price amounted to $4,871 per tonne, picking up by 1.9% against the previous year.
What is the average import price for nonwoven fabrics in Republic of Korea?
+
In 2020, the average nonwoven fabric import price amounted to $4,138 per tonne, jumping by 22% against the previous year.

Product coverage:
• Prodcom 13951010 - Non-wovens of a weight . .25 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
• Prodcom 13951020 - Non-wovens of a weight of > .25 g/m. but . .70 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
• Prodcom 13951030 - Non-wovens of a weight of > .70 g/m. but . .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
• Prodcom 13951050 - Non-wovens of a weight of > .150 g/m. (including articles made from non-wovens) (excluding articles of apparel, coated or covered)
• Prodcom 13951070 - Non-wovens, coated or covered (including articles made from non-wovens) (excluding articles of apparel)

This report provides an in-depth analysis of the nonwoven 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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