Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea - 2022
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (FOB) - 2022
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (CIF) - 2022
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (FOB) - 2022
In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.4 per square meter, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2015 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($4.6 per square meter), while the average price for exports to Myanmar ($0.2 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 Vietnam (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (CIF) - 2022
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.9 per square meter in 2022, rising by 4.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 35% against the previous year. As a result, import price attained the peak level of $4.4 per square meter. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($15 per square meter), while the price for Vietnam ($0.9 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea
Exports of textile fabrics, rubberised; other than those of heading no. 5902s from South Korea soared to 28M square meters in 2022, rising by 63% on 2021 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s skyrocketed to $66M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.7 | 11.2 | 12.4 | 22.1 | 31.6% |
| United States | 3.2 | 3.8 | 4.4 | 10.4 | 48.1% |
| Vietnam | 3.0 | 4.1 | 4.9 | 7.9 | 38.1% |
| India | 1.5 | 1.4 | 1.1 | 3.6 | 33.9% |
| Indonesia | 1.1 | 1.1 | 1.1 | 3.2 | 42.8% |
| Honduras | N/A | N/A | 0.4 | 3.0 | 650.0% |
| Mexico | 0.2 | 0.4 | 0.8 | 2.2 | 122.4% |
| United Kingdom | 0.7 | 0.4 | 0.6 | 1.7 | 34.4% |
| Thailand | 1.2 | 0.9 | 0.9 | 1.5 | 7.7% |
| Japan | 1.8 | 2.4 | 2.1 | 0.9 | -20.6% |
| Germany | 0.5 | 0.7 | 0.8 | 0.6 | 6.3% |
| Saudi Arabia | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Myanmar | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 4.6 | 5.3 | 6.1 | 8.3 | 21.7% |
| Total | 27.8 | 32.2 | 36.1 | 66.2 | 33.5% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from South Korea in 2022:
- China (6.1M square meters)
- Mexico (3.7M square meters)
- United States (2.8M square meters)
- India (1.8M square meters)
- United Kingdom (1.8M square meters)
- Vietnam (1.7M square meters)
- Indonesia (1.6M square meters)
- Myanmar (1.2M square meters)
- Honduras (0.8M square meters)
- Japan (0.8M square meters)
- Thailand (0.8M square meters)
- Saudi Arabia (0.7M square meters)
- Germany (0.7M square meters)
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea
In 2022, purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s was finally on the rise to reach 4M square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s totaled $12M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 4.1 | 4.8 | 4.6 | 2.3% |
| United States | 1.6 | 1.2 | 1.9 | 2.0 | 7.7% |
| United Kingdom | 1.3 | 1.6 | 0.9 | 1.0 | -8.4% |
| Japan | 1.4 | 0.8 | 0.7 | 0.8 | -17.0% |
| Vietnam | N/A | N/A | N/A | 0.8 | 0% |
| Taiwan (Chinese) | 0.8 | 0.8 | 0.5 | 0.6 | -9.1% |
| Germany | 0.5 | 0.6 | 0.6 | 0.6 | 6.3% |
| Others | 0.9 | 1.0 | 1.0 | 1.1 | 6.9% |
| Total | 10.9 | 10.1 | 10.4 | 11.6 | 2.1% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to South Korea in 2022:
- China (2442.3K square meters)
- Vietnam (834.9K square meters)
- Taiwan (Chinese) (229.5K square meters)
- United States (187.1K square meters)
- Germany (90.7K square meters)
- United Kingdom (67.8K square meters)
- Japan (66.2K square meters)
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