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Republic of Korea - Nets of Twine, Cordage, Rope or Textile Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Twine, Cordage or Textile Net in South Korea - 2022
Contents:
- Price for Twine, Cordage or Textile Net in South Korea (CIF) - 2022
- Price for Twine, Cordage or Textile Net in South Korea (FOB) - 2022
- Imports of Twine, Cordage or Textile Net in South Korea
- Exports of Twine, Cordage or Textile Net in South Korea
Price for Twine, Cordage or Textile Net in South Korea (CIF) - 2022
The average import price for nets of twine, cordage, rope or textile materials stood at $3,244 per ton in 2022, which is down by -5.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $3,649 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.2% per year.
Price for Twine, Cordage or Textile Net in South Korea (FOB) - 2022
The average export price for nets of twine, cordage, rope or textile materials stood at $6,545 per ton in December 2022, increasing by 25% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 49% m-o-m. Over the period under review, the average export prices reached the peak figure at $7,272 per ton in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kiribati ($10,525 per ton), while the average price for exports to China ($1,342 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 Kiribati (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Twine, Cordage or Textile Net in South Korea
In 2022, twine, cordage or textile net imports into South Korea reached 28K tons, standing approx. at 2021. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9.3% against the previous year. As a result, imports reached the peak of 28K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, twine, cordage or textile net imports declined to $92M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of $98M, and then reduced in the following year.
Import of Twine, Cordage or Textile Net in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.2 | 0.2 | 0.2 | 92.3 | 672.8% |
China | 54.5 | 60.5 | 66.8 | N/A | 10.7% |
Vietnam | 10.6 | 13.2 | 14.8 | N/A | 18.2% |
Philippines | 9.7 | 5.8 | 8.6 | N/A | -5.8% |
Others | 7.1 | 7.3 | 7.3 | N/A | 1.4% |
Total | 82.1 | 87.0 | 97.6 | 92.3 | 4.0% |
Top Suppliers of Twine, Cordage or Textile Net to South Korea in 2022:
- Myanmar (28.4K tons)
Exports of Twine, Cordage or Textile Net in South Korea
In 2022, after two years of decline, there was growth in overseas shipments of nets of twine, cordage, rope or textile materials, when their volume increased by 2.6% to 7.8K tons. In general, exports, however, faced a deep contraction.
In value terms, twine, cordage or textile net exports contracted modestly to $40M in 2022. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9% against the previous year.
Export of Twine, Cordage or Textile Net in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | N/A | N/A | N/A | 40.2 | 0% |
Russia | 14.6 | 14.1 | 16.8 | N/A | 7.3% |
China | 1.6 | 1.5 | 0.9 | N/A | -25.0% |
Vietnam | 3.0 | 1.0 | 0.7 | N/A | -51.7% |
Malaysia | 0.5 | 0.1 | 0.1 | N/A | -55.3% |
United Arab Emirates | 1.4 | 0.8 | 0.6 | N/A | -34.5% |
Others | 30.9 | 21.1 | 22.8 | N/A | -14.1% |
Total | 51.9 | 38.5 | 42.0 | 40.2 | -8.2% |
Top Export Markets for Twine, Cordage or Textile Net from South Korea in 2022:
- Myanmar (7.8K tons)
This report provides an in-depth analysis of the market for twine, cordage or textile net in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941233 - Made-up fishing nets from twine, cordage or rope of manmade fibres (excluding fish landing nets)
- Prodcom 13941235 - Made-up fishing nets from yarn of man-made fibres (excluding fish landing nets)
- Prodcom 13941253 - Made-up nets from twine, cable or rope of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets)
- Prodcom 13941255 - Made-up nets of nylon or other polyamides (excluding netting in the piece produced by crochet, hairnets, sports and fishing nets, those made from twine, cable or rope)
- Prodcom 13941259 - Knotted netting of textile materials (excluding made-up fishing nets of man-made textiles, other made-up nets of nylon or other polyamides)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for twine, cordage or textile net in Republic of Korea.
This report provides an in-depth analysis of the market for made-up fishing nets from twine, cordage or rope of manmade fibres in Republic of Korea.
This report provides an in-depth analysis of the market for made-up fishing nets from yarn of man-made fibres in Republic of Korea.
This report provides an in-depth analysis of the market for made-up nets from twine, cable or rope of nylon or other polyamides in Republic of Korea.
This report provides an in-depth analysis of the global market for twine, cordage or textile net.
Global Man-Made Fibre Fishing Net Market Report 2018. This report provides an in-depth analysis of the global market for man-made fibre fishing net.
Global Yarn Fishing Net Market Report 2018. This report provides an in-depth analysis of the global yarn fishing net market.
Global Nylon Net Market Report 2018. This report provides an in-depth analysis of the global nylon net market.
This report provides an in-depth analysis of the market for twine, cordage or textile net in Republic of Korea.
This report provides an in-depth analysis of the market for made-up fishing nets from twine, cordage or rope of manmade fibres in Republic of Korea.
In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>