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Republic of Korea - Noils Of Wool Or Fine Animal Hair - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNoils of Wool Price in South Korea - 2022
Contents:
- Noils of Wool Price in South Korea (CIF) - 2022
- Noils of Wool Price in South Korea (FOB) - 2022
- Noils of Wool Imports in South Korea
- Noils of Wool Exports in South Korea
Noils of Wool Price in South Korea (CIF) - 2022
In 2022, the average noils of wool import price amounted to $6,737 per ton, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. As a result, import price attained the peak level of $7,712 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($32,001 per ton), while the price for Mexico ($472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Noils of Wool Price in South Korea (FOB) - 2022
In 2022, the average noils of wool export price amounted to $7,924 per ton, dropping by -2.5% against the previous year. In general, the export price saw a slight decline. The growth pace was the most rapid in 2016 when the average export price increased by 7.1%. Over the period under review, the average export prices reached the maximum at $9,037 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,961 per ton), while the average price for exports to China totaled $6,798 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.2%).
Noils of Wool Imports in South Korea
In 2022, the amount of noils of wool or fine animal hair imported into South Korea contracted to 76 tons, shrinking by -14.1% on the previous year. Over the period under review, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year.
In value terms, noils of wool imports reduced to $514K in 2022. In general, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 40%.
Import of Noils of Wool in South Korea (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 855 | 175 | 138 | 183 | -40.2% |
Uruguay | 184 | 141 | 298 | 181 | -0.5% |
India | 372 | 59.6 | 68.2 | 99.9 | -35.5% |
Peru | 61.4 | 42.0 | 78.3 | 40.0 | -13.3% |
Others | 10.3 | 10.1 | 17.6 | 8.8 | -5.1% |
Total | 1,483 | 428 | 599 | 514 | -29.8% |
Top Suppliers of Noils of Wool to South Korea in 2022:
- India (27.8 tons)
- China (20.3 tons)
- Uruguay (17.0 tons)
- Peru (9.8 tons)
Noils of Wool Exports in South Korea
In 2022, after two years of decline, there was significant growth in shipments abroad of noils of wool or fine animal hair, when their volume increased by 11% to 132 kg. Over the period under review, exports, however, continue to indicate a deep setback.
In value terms, noils of wool exports expanded notably to $1K in 2022. Overall, exports, however, saw a abrupt curtailment.
Export of Noils of Wool in South Korea (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,260 | 1,087 | 937 | 1,018 | -6.9% |
China | 51.0 | 39.0 | 30.0 | 28.0 | -18.1% |
Others | 1.0 | N/A | N/A | N/A | 0% |
Total | 1,312 | 1,126 | 967 | 1,046 | -7.3% |
Top Export Markets for Noils of Wool from South Korea in 2022:
- Japan (128.0 kg)
- China (4.0 kg)
This report provides an in-depth analysis of the noils of wool 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 13102300 - Noils of wool or fine animal hair
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
This report provides an in-depth analysis of the noils of wool market in Republic of Korea.
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This report provides an in-depth analysis of the noils of wool market in Republic of Korea.
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