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Republic of Korea - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Wadding Of Textile Market Overview 2021

Wadding Of Textile Market Size in Republic of Korea

In 2020, the South Korean wadding of textile market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, the total consumption indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. Wadding of textile consumption peaked in 2020 and is likely to continue growth in the near future.

Wadding Of Textile Production in Republic of Korea

In value terms, wadding of textile production contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019, and then reduced in the following year.

Wadding Of Textile Exports

Exports from Republic of Korea

After four years of growth, shipments abroad of wadding of textile materials and articles thereof decreased by -X% to X tonnes in 2020. In general, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2019, and then contracted markedly in the following year.

In value terms, wadding of textile exports declined notably to $X in 2020. Overall, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then shrank sharply in the following year.

Exports by Country

Myanmar (X tonnes) was the main destination for wadding of textile exports from South Korea, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Myanmar stood at +X%.

In value terms, Myanmar ($X) also remains the key foreign market for wadding of textile exports from South Korea.

From 2007 to 2020, the average annual rate of growth in terms of value to Myanmar amounted to +X%.

Export Prices by Country

The average wadding of textile export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, export price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wadding of textile export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The export price peaked in 2020 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to +X% per year.

Wadding Of Textile Imports

Imports into Republic of Korea

Wadding of textile imports into South Korea shrank sharply to X tonnes in 2020, waning by -X% against the year before. In general, imports saw a noticeable slump. The pace of growth appeared the most rapid in 2019 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, wadding of textile imports contracted remarkably to $X in 2020. Overall, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest wadding of textile supplier to South Korea, with a X% share of total imports. Moreover, wadding of textile imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), threefold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Canada (+X% per year).

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

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

Import Prices by Country

The average wadding of textile import price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the period under review, the import price recorded a mild curtailment. The growth pace was the most rapid in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 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 ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wadding of textile materials and articles thereof in the world?
+
China (409K tonnes) remains the largest wadding of textile consuming country worldwide, comprising approx. 17% of total volume. Moreover, wadding of textile consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. The third position in this ranking was occupied by India (150K tonnes), with a 6.4% share.
What are the largest producers of wadding of textile materials and articles thereof in the world?
+
China (462K tonnes) constituted the country with the largest volume of wadding of textile production, comprising approx. 20% of total volume. Moreover, wadding of textile production in China exceeded the figures recorded by the second-largest producer, the U.S. (178K tonnes), threefold. India (162K tonnes) ranked third in terms of total production with a 7% share.
What are the leading suppliers of wadding of textile materials and articles thereof to Republic of Korea?
+
In value terms, China ($20M) constituted the largest supplier of wadding of textile to South Korea, comprising 60% of total imports. The second position in the ranking was occupied by the U.S. ($8.2M), with a 24% share of total imports. It was followed by Japan, with a 9% share.
What are the leading importers of wadding of textile materials and articles thereof from Republic of Korea?
+
In value terms, Myanmar ($47M) remains the key foreign market for wadding of textile exports from South Korea.
What is the average export price for wadding of textile materials and articles thereof in Republic of Korea?
+
In 2020, the average wadding of textile export price amounted to $10,211 per tonne, increasing by 9.4% against the previous year.
What is the average import price for wadding of textile materials and articles thereof in Republic of Korea?
+
In 2020, the average wadding of textile import price amounted to $5,490 per tonne, dropping by -15.7% against the previous year.

Product coverage:
• Prodcom 13991400 - Textile flock and dust and mill neps
• Prodcom 17221210 - Sanitary towels and tampons, napkins and napkin liners for babies and similar sanitary articles, of wadding
• Prodcom 17221240 - Wadding, other articles of wadding

This report provides an in-depth analysis of the wadding of textile 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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