Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (CIF) - 2022
In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $40,518 per unit, growing by 51% against the previous year. Over the period under review, the import price saw a measured increase. The growth pace was the most rapid in 2013 when the average import price increased by 108% against the previous year. As a result, import price attained the peak level of $67,421 per unit. From 2014 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 China ($84,810 per unit), while the price for Malaysia ($70 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (FOB) - 2022
In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $18,854 per unit, declining by -10.2% against the previous year. In general, the export price, however, posted a slight increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70%. Over the period under review, the average export prices reached the maximum at $27,214 per unit in 2019; however, from 2020 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 South Africa ($39,807 per unit), while the average price for exports to Oman ($146 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea
In 2022, overseas purchases of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were finally on the rise to reach 241 units after two years of decline. Over the period under review, imports, however, showed a pronounced contraction. Over the period under review, imports of hit record highs at 277 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $9.8M in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 5.9 | 2.4 | 7.3 | 25.4% |
| Germany | 0.3 | N/A | N/A | 1.0 | 49.4% |
| Japan | N/A | 2.3 | 1.3 | 0.6 | -48.9% |
| Switzerland | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United States | N/A | 0.4 | N/A | N/A | 0% |
| Italy | 2.7 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.1 | 0.1 | 0.3 | -15.7% |
| Total | 7.6 | 9.1 | 4.3 | 9.8 | 8.8% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to South Korea in 2022:
- China (86.0 units)
- Germany (74.0 units)
- Japan (42.0 units)
- Taiwan (Chinese) (18.0 units)
- Switzerland (4.0 units)
- Italy (1.0 units)
- United States (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea
For the third year in a row, South Korea recorded decline in shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which decreased by -0.6% to 484 units in 2022. Over the period under review, exports faced a significant curtailment. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses dropped to $9.1M in 2022. Overall, exports saw a dramatic decline. The exports peaked at $31M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | 0.4 | 4.6 | 1050.0% |
| Vietnam | 5.4 | 1.6 | 2.4 | 1.7 | -32.0% |
| Zimbabwe | 0.5 | 0.5 | 0.5 | 0.3 | -15.7% |
| Angola | N/A | N/A | N/A | 0.2 | 0% |
| Bangladesh | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| Sudan | 0.5 | 0.5 | 0.5 | 0.2 | -26.3% |
| Uzbekistan | 0.4 | 0.6 | 0.5 | 0.2 | -20.6% |
| Thailand | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Russia | 0.6 | 0.6 | 0.5 | 0.2 | -30.7% |
| South Africa | 0.8 | 0.9 | 1.4 | 0.1 | -50.0% |
| El Salvador | 0.4 | N/A | 0.3 | 0.1 | -37.0% |
| China | 14.3 | 5.2 | N/A | N/A | -63.6% |
| Morocco | N/A | 3.2 | N/A | N/A | 0% |
| Others | 8.1 | 2.1 | 3.0 | 1.2 | -47.1% |
| Total | 31.0 | 15.3 | 10.2 | 9.1 | -33.5% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from South Korea in 2022:
- Brazil (150.0 units)
- Vietnam (108.0 units)
- Bangladesh (35.0 units)
- Zimbabwe (17.0 units)
- Uzbekistan (16.0 units)
- Sudan (15.0 units)
- Russia (13.0 units)
- Angola (11.0 units)
- Thailand (11.0 units)
- El Salvador (8.0 units)
- South Africa (2.0 units)
- China (1.0 units)
624
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Republic of Korea.
1133
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
410
Global Textile Cutting Machine Market Report 2018. This report provides an in-depth analysis of the global textile cutting machine market.
624
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Republic of Korea.
1133
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
410
Global Textile Cutting Machine Market Report 2018. This report provides an in-depth analysis of the global textile cutting machine market.
1100
In value terms, weaving machines imports totaled $X in 2016. Overall, weaving machines imports continue to indicate a measured descent. Over the period under review, global weaving machines imports...
651
In value terms, machinery for manufacture and finishing felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
647
In value terms, machinery for washing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
956
In value terms, machinery for preparing, tanning and working hides imports stood at $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value increased at ...
692
In value terms, office machines imports totaled $X in 2016. In general, office machines imports continue to indicate a slight deduction. In that year, global office machines imports attained its ma...
760
In value terms, weaving machines exports stood at $X in 2016. In general, weaving machines exports continue to indicate a slight descent. Over the period under review, global weaving machines expor...
558
In value terms, machinery for manufacture and finishing felt exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; h...
673
In value terms, machinery for washing exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
637
In value terms, machinery for preparing, tanning and working hides exports stood at $X in 2016. Overall, it indicated a moderate expansion from 2007 to 2016: the total exports value increased at an a...
643
In value terms, office machines exports amounted to $X in 2016. In general, office machines exports continue to indicate a mild descent. In that year, global office machines exports reached its max...
