Republic of Korea - Woven Fabrics of Man-Made Filaments and Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Man-Made Filament Fabric Market 2024
Man-Made Filament Fabric Market Size in Republic of Korea
The South Korean man-made filament fabric market amounted to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.
Man-Made Filament Fabric Production in Republic of Korea
In value terms, man-made filament fabric production contracted to $X in 2022 estimated in export price. Overall, production recorded a mild curtailment. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.
Man-Made Filament Fabric Exports
Exports from Republic of Korea
In 2022, exports of woven fabrics of man-made filaments and staple fibers from South Korea contracted to X square meters, waning by X% compared with the year before. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, man-made filament fabric exports contracted to $X in 2022. Over the period under review, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Myanmar (X square meters) was the main destination for man-made filament fabric exports from South Korea, with a X% share of total exports. It was followed by Oman (X square meters), with a X% share of total exports. The third position in this ranking was held by Vietnam (X square meters), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Myanmar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Vietnam (X% per year).
In value terms, Myanmar ($X) emerged as the key foreign market for woven fabrics of man-made filaments and staple fibers exports from South Korea, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by China, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Myanmar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and China (X% per year).
Export Prices by Country
The average man-made filament fabric export price stood at $X per square meter in 2021, growing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Oman ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.
Man-Made Filament Fabric Imports
Imports into Republic of Korea
In 2022, the amount of woven fabrics of man-made filaments and staple fibers imported into South Korea fell slightly to X square meters, waning by X% on 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.
In value terms, man-made filament fabric imports dropped to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.
Imports by Country
Myanmar (X square meters), China (X square meters) and Indonesia (X square meters) were the main suppliers of man-made filament fabric imports to South Korea, together comprising X% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Myanmar ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to South Korea, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by India, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Myanmar amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).
Import Prices by Country
In 2021, the average man-made filament fabric import price amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for Indonesia ($X per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the man-made filament 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 13203130 - Woven fabrics of man-made filament yarns obtained from high tenacity yarn, strip or the like (including nylon, other polyamides, polyester, viscose rayon)
- Prodcom 13203150 - Woven fabrics of synthetic filament yarns (excluding those obtained from high tenacity yarn or strip and the like)
- Prodcom 13203170 - Woven fabrics of artificial filament yarns (excluding those obtained from high tenacity yarn)
- Prodcom 13203210 - Woven fabrics of synthetic staple fibres, containing .85 % or more by weight of synthetic staple fibres
- Prodcom 13203220 - Woven fabrics of synthetic staple fibres, containing less than .85 % by weight of such fibres, mixed mainly or solely with cotton (excluding fabrics of yarns of different colours)
- Prodcom 13203230 - Woven fabrics of synthetic staple fibres, containing less than .85 % by weight of such fibres, mixed mainly or solely with cotton, of yarns of different colours
- Prodcom 13203240 - Woven fabrics of synthetic staple fibres mixed mainly or solely with carded wool or fine animal hair
- Prodcom 13203250 - Woven fabrics of synthetic staple fibres mixed mainly or solely with combed wool or fine animal hair
- Prodcom 13203290 - Woven fabrics of synthetic staple fibres mixed other than with wool, fine animal hair or cotton
- Prodcom 13203330 - Woven fabrics of artificial staple fibres, not of yarns of different colours
- Prodcom 13203350 - Woven fabrics of artificial staple fibres, of yarns of different colours
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
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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
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