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Republic of Korea - Sheep or Lamb Skin Leather - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSheep Leather Price in South Korea - 2022
Contents:
- Sheep Leather Price in South Korea (CIF) - 2022
- Sheep Leather Price in South Korea (FOB) - 2022
- Sheep Leather Imports in South Korea
- Sheep Leather Exports in South Korea
Sheep Leather Price in South Korea (CIF) - 2022
The average sheep leather import price stood at $9.9 per square meter in December 2022, with an increase of 5.2% against the previous month. In general, the import price enjoyed mild growth. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 90% month-to-month. Over the period under review, average import prices hit record highs at $24.7 per square meter in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for Pakistan amounted to +2.9% per month.
Sheep Leather Price in South Korea (FOB) - 2022
The average sheep leather export price stood at $5.3 per square meter in 2022, which is down by -41.4% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 70%. Over the period under review, the average export prices reached the maximum at $13 per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($5.5 per square meter), while the average price for exports to Denmark stood at $1.4 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sheep Leather Imports in South Korea
In 2022, the amount of sheep or lamb skin leather imported into South Korea shrank rapidly to 287K square meters, dropping by -55.7% against the previous year's figure. In general, imports recorded a sharp decline. The smallest decline of -22.6% was in 2020. Over the period under review, imports attained the maximum at 1.2M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, sheep leather imports surged to $3.6M in 2022. Overall, imports recorded a abrupt setback. Imports peaked at $4.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Sheep Leather in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.1 | 0.2 | 0.2 | 2.1 | 175.9% |
Turkey | 0.2 | N/A | N/A | 1.1 | 76.5% |
Spain | N/A | N/A | N/A | 0.5 | 0% |
China | 4.2 | 3.7 | 2.6 | N/A | -21.3% |
Others | 0.4 | 0.1 | 0.1 | N/A | -50.0% |
Total | 4.9 | 3.9 | 2.9 | 3.6 | -9.8% |
Top Suppliers of Sheep Leather to South Korea in 2022:
- Turkey (246.7K square meters)
- Italy (33.1K square meters)
- Spain (7.1K square meters)
Sheep Leather Exports in South Korea
After two years of decline, shipments abroad of sheep or lamb skin leather increased by 233% to 85K square meters in 2022. In general, exports, however, saw a dramatic decrease. Over the period under review, the exports reached the peak figure at 361K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sheep leather exports skyrocketed to $446K in 2022. Overall, exports, however, faced a sharp contraction. The exports peaked at $4.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Sheep Leather in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | 0.9 | 438 | 48566.7% |
Denmark | N/A | N/A | N/A | 8.0 | 0% |
Thailand | 1,223 | N/A | N/A | N/A | 0% |
Vietnam | 2,580 | 2,084 | N/A | N/A | -19.2% |
Cambodia | N/A | 269 | 225 | N/A | -16.4% |
Pakistan | 763 | 423 | N/A | N/A | -44.6% |
Others | 112 | 2.4 | 2.4 | N/A | -85.4% |
Total | 4,678 | 2,779 | 228 | 446 | -54.3% |
Top Export Markets for Sheep Leather from South Korea in 2022:
- Turkey (79.2K square meters)
- Denmark (5.7K square meters)
This report provides an in-depth analysis of the sheep leather market 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 15114130 - Sheep or lamb skin leather without wool on, tanned but not further prepared (excluding chamois leather)
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.
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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
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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
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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
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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 sheep leather market in Republic of Korea.
This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Republic of Korea.
This report provides an in-depth analysis of the global sheep leather market.
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
This report provides an in-depth analysis of the sheep leather market in Republic of Korea.
This report provides an in-depth analysis of the market for sheep, goat, swine or reptile leather in Republic of Korea.
This report provides an in-depth analysis of the global sheep leather market.
This report provides an in-depth analysis of the global market for sheep, goat, swine or reptile leather.
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