Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea - 2022
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (FOB) - 2022
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (CIF) - 2022
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (FOB) - 2022
The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.8 per square meter in 2022, increasing by 4.9% against the previous year. Overall, the export price, however, saw a mild contraction. Over the period under review, the average export prices attained the maximum at $2 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($2.6 per square meter), while the average price for exports to Turkey ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (CIF) - 2022
The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $4.6 per square meter in December 2022, rising by 6% against the previous month. In general, the import price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 31% against the previous month. The import price peaked at $7.3 per square meter in February 2022; however, from March 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($19.3 per square meter), while the price for Vietnam ($2.6 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 Vietnam (+0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea
In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses exported from South Korea reached 65M square meters, growing by 12% against the year before. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The exports peaked at 78M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses soared to $115M in 2022. Overall, exports, however, continue to indicate a drastic downturn. The exports peaked at $150M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 31.8 | 21.5 | 22.1 | 27.4 | -4.8% |
| Indonesia | 15.2 | 10.3 | 14.9 | 17.0 | 3.8% |
| China | 23.3 | 8.6 | 8.2 | 7.7 | -30.9% |
| Japan | 7.3 | 4.8 | 5.1 | 5.3 | -10.1% |
| United Arab Emirates | 5.1 | 2.6 | 3.4 | 5.0 | -0.7% |
| United States | 6.8 | 5.1 | 5.1 | 5.0 | -9.7% |
| Italy | 4.6 | 2.0 | 1.8 | 3.8 | -6.2% |
| Poland | 2.1 | 1.7 | 2.5 | 3.7 | 20.8% |
| Spain | 2.3 | 1.3 | 1.7 | 3.7 | 17.2% |
| Saudi Arabia | 7.7 | 2.8 | 3.1 | 3.4 | -23.9% |
| Egypt | 1.0 | 1.4 | 2.5 | 2.9 | 42.6% |
| Philippines | 3.0 | 2.3 | 3.2 | 2.8 | -2.3% |
| Turkey | 4.2 | 2.1 | 1.0 | 1.6 | -27.5% |
| Others | 36.0 | 21.2 | 23.4 | 25.4 | -11.0% |
| Total | 150 | 87.7 | 97.9 | 115 | -8.5% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from South Korea in 2022:
- Vietnam (18.1M square meters)
- Indonesia (6.6M square meters)
- Japan (3.6M square meters)
- China (3.1M square meters)
- United Arab Emirates (2.9M square meters)
- United States (2.8M square meters)
- Saudi Arabia (2.5M square meters)
- Spain (2.3M square meters)
- Philippines (2.1M square meters)
- Italy (2.0M square meters)
- Egypt (1.8M square meters)
- Poland (1.8M square meters)
- Turkey (1.3M square meters)
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea
In 2022, purchases abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -7.5% to 17M square meters, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, imports reached the peak of 22M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses expanded remarkably to $14M in 2022. In general, imports, however, showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.4 | 8.6 | 7.1 | 8.0 | -5.2% |
| Vietnam | 0.1 | 1.2 | 2.4 | 2.8 | 203.7% |
| Japan | 3.3 | 2.7 | 2.3 | 2.4 | -10.1% |
| Others | 1.0 | 1.0 | 0.8 | 0.9 | -3.5% |
| Total | 13.8 | 13.5 | 12.5 | 14.1 | 0.7% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to South Korea in 2022:
- China (9.1M square meters)
- Vietnam (6.5M square meters)
- Japan (0.9M square meters)
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