Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea - 2022

Contents:

1. Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea (CIF) - 2022
2. Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea (FOB) - 2022
3. Imports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea
4. Exports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea

Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea (CIF) - 2022

In December 2022, the average import price for bed linen; of man-made fibres, printed, not knitted or crocheteds amounted to $7.2 per unit, increasing by 8% against the previous month. In general, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $9.0 per unit. From May 2022 to December 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was China ($3.1 per unit), while the price for Vietnam totaled $2.5 per unit.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).

Price for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea (FOB) - 2022

The average export price for bed linen; of man-made fibres, printed, not knitted or crocheteds stood at $8.8 per unit in 2022, picking up by 6.3% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $20 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18 per unit), while the average price for exports to Canada ($7.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea

After three years of growth, purchases abroad of bed linen; of man-made fibres, printed, not knitted or crocheteds decreased by -14.3% to 985K units in 2022. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Over the period under review, imports of hit record highs at 1.1M units in 2021, and then fell in the following year.

In value terms, imports of bed linen; of man-made fibres, printed, not knitted or crocheteds shrank to $7.5M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs at $8.7M in 2021, and then reduced in the following year.

Top Suppliers of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted to South Korea in 2022:

1. China (860.3K units)
2. Vietnam (109.1K units)

Exports of Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted in South Korea

In 2022, approx. 56K units of bed linen; of man-made fibres, printed, not knitted or crocheteds were exported from South Korea; picking up by 78% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 547%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of bed linen; of man-made fibres, printed, not knitted or crocheteds soared to $490K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 416% against the previous year. As a result, the exports reached the peak of $528K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Bed Linen; of Man-Made Fibres, Printed, Not Knitted or Crocheted from South Korea in 2022:

1. Philippines (28.0K units)
2. Vietnam (15.6K units)
3. United States (5.9K units)
4. United Kingdom (2.7K units)
5. New Zealand (0.5K units)

Source: IndexBox Market Intelligence Platform