Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea - 2022
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (CIF) - 2022
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (FOB) - 2022
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (CIF) - 2022
In December 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $12,407 per ton, increasing by 1.7% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the peak figure at $16,045 per ton in March 2022; however, from April 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 Italy ($30,991 per ton), while the price for Myanmar ($5,084 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (FOB) - 2022
In December 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $11,750 per ton, waning by -7.7% against the previous month. Overall, the export price showed a abrupt setback. The most prominent rate of growth was recorded in May 2022 an increase of 25% against the previous month. The export price peaked at $22,423 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Japan ($15,658 per ton), while the average price for exports to Indonesia ($6,357 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea
In 2022, approx. 2.6K tons of footwear; parts, outer soles and heels, of rubber or plasticses were imported into South Korea; stabilizing at 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses totaled $35M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.6 | 16.9 | 26.6 | 26.8 | 4.3% |
| Vietnam | 5.9 | 4.4 | 4.8 | 6.7 | 4.3% |
| Myanmar | N/A | 0.2 | 0.2 | 0.6 | 73.2% |
| Others | 1.0 | 0.9 | 1.2 | 1.1 | 3.2% |
| Total | 30.6 | 22.5 | 32.8 | 35.2 | 4.8% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to South Korea in 2022:
- China (2112.5 tons)
- Vietnam (378.9 tons)
- Myanmar (96.9 tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea
Exports of footwear; parts, outer soles and heels, of rubber or plasticses from South Korea amounted to 762 tons in 2022, increasing by 3.5% against the previous year. In general, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $12M in 2022. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 32%.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.2 | 5.2 | 6.9 | 9.5 | 5.0% |
| Vietnam | 4.7 | 0.6 | 0.6 | 0.9 | -42.4% |
| China | 1.1 | 0.5 | 0.7 | 0.9 | -6.5% |
| United States | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Myanmar | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Indonesia | 3.8 | 0.1 | 0.2 | 0.1 | -70.3% |
| Others | 0.5 | 0.3 | 0.7 | 0.4 | -7.2% |
| Total | 18.9 | 7.0 | 9.2 | 12.1 | -13.8% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from South Korea in 2022:
- Japan (450.5 tons)
- China (131.7 tons)
- Vietnam (109.2 tons)
- United States (17.8 tons)
- Myanmar (11.5 tons)
- Indonesia (10.1 tons)
236
This report provides an in-depth analysis of the market for outer soles and heels of rubber or plastics in Republic of Korea.
436
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
236
This report provides an in-depth analysis of the market for outer soles and heels of rubber or plastics in Republic of Korea.
436
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
Nothing found. Please try again.
