Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea - 2022
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (FOB) - 2022
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (CIF) - 2022
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (FOB) - 2022
In 2022, the average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $1.5 per square meter, rising by 3.2% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The export price peaked at $2.1 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($2.5 per square meter), while the average price for exports to Nigeria ($169 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.3%), while the prices for the other major destinations experienced a decline.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (CIF) - 2022
In December 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $6.1 per square meter, with an increase of 10% against the previous month. Over the period from January 2022 to December 2022, it increased at an average monthly rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($33.3 per square meter), while the price for Vietnam ($3.1 per square meter) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea
In 2022, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses from South Korea expanded notably to 362M square meters, increasing by 12% on 2021. In general, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, the exports of reached the maximum at 407M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses skyrocketed to $558M in 2022. Overall, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 18%. The exports peaked at $689M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 127 | 83.9 | 80.2 | 98.2 | -8.2% |
| Turkey | 69.2 | 46.0 | 41.9 | 66.2 | -1.5% |
| United Arab Emirates | 42.3 | 20.3 | 32.7 | 43.4 | 0.9% |
| China | 71.8 | 39.2 | 37.5 | 42.3 | -16.2% |
| Morocco | 17.5 | 11.8 | 42.4 | 38.2 | 29.7% |
| Spain | 26.1 | 16.2 | 24.0 | 30.5 | 5.3% |
| Saudi Arabia | 42.9 | 20.0 | 18.8 | 30.1 | -11.1% |
| Indonesia | 43.3 | 24.9 | 30.9 | 27.9 | -13.6% |
| Japan | 18.8 | 9.9 | 9.6 | 18.2 | -1.1% |
| United States | 19.5 | 10.0 | 18.6 | 16.1 | -6.2% |
| Bangladesh | 11.7 | 13.5 | 21.2 | 13.2 | 4.1% |
| Yemen | 4.7 | 4.8 | 6.1 | 7.9 | 18.9% |
| Nigeria | 5.9 | 4.8 | 6.4 | 6.1 | 1.1% |
| Others | 188 | 103 | 111 | 119 | -14.1% |
| Total | 689 | 408 | 481 | 558 | -6.8% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from South Korea in 2022:
- Vietnam (49.5M square meters)
- Turkey (48.3M square meters)
- Nigeria (36.0M square meters)
- United Arab Emirates (31.7M square meters)
- Saudi Arabia (20.6M square meters)
- Morocco (19.6M square meters)
- China (17.2M square meters)
- Indonesia (15.8M square meters)
- Spain (14.9M square meters)
- Japan (9.7M square meters)
- Bangladesh (8.4M square meters)
- United States (7.9M square meters)
- Yemen (7.2M square meters)
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea
In 2022, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses imported into South Korea rose sharply to 53M square meters, picking up by 5.2% against the previous year's figure. In general, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 19%. Over the period under review, imports of reached the maximum at 65M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses rose notably to $49M in 2022. Over the period under review, imports, however, recorded a pronounced contraction. Imports peaked at $55M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.0 | 30.1 | 30.6 | 31.8 | -7.4% |
| Vietnam | 7.5 | 5.3 | 7.8 | 7.9 | 1.7% |
| Japan | 4.8 | 3.6 | 4.8 | 6.8 | 12.3% |
| Indonesia | 0.5 | 0.3 | 0.6 | 0.6 | 6.3% |
| Others | 2.6 | 3.4 | 2.0 | 1.8 | -11.5% |
| Total | 55.4 | 42.6 | 45.6 | 48.9 | -4.1% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to South Korea in 2022:
- China (36.1M square meters)
- Vietnam (14.2M square meters)
- Japan (1.4M square meters)
- Indonesia (1.1M square meters)
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