Republic of Korea - Sheep Or Lamb Skin Leather, Prepared - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Sheep Leather Price in South Korea - 2022
Contents:
- Prepared Sheep Leather Price in South Korea (CIF) - 2022
- Prepared Sheep Leather Price in South Korea (FOB) - 2022
- Prepared Sheep Leather Imports in South Korea
- Prepared Sheep Leather Exports in South Korea
Prepared Sheep Leather Price in South Korea (CIF) - 2022
The average prepared sheep leather import price stood at $30.8 per square meter in December 2022, picking up by 5% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in February 2022 when the average import price increased by 15% month-to-month. Over the period under review, average import prices attained the maximum at $31.9 per square meter in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($47.2 per square meter), while the price for China ($14.5 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Sheep Leather Price in South Korea (FOB) - 2022
The average prepared sheep leather export price stood at $34.5 per square meter in December 2022, growing by 67% against the previous month. Over the period under review, export price indicated a noticeable increase from December 2021 to December 2022: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, prepared sheep leather export price increased by +67.0% against October 2022 indices. Over the period under review, the average export prices reached the maximum at $39.7 per square meter in May 2022; however, from June 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Thailand ($49.5 per square meter), while the average price for exports to Cambodia ($18.5 per square meter) 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 Thailand (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Prepared Sheep Leather Imports in South Korea
In 2022, the amount of sheep or lamb skin leather, prepared imported into South Korea contracted to 1.7M square meters, dropping by -6.3% compared with 2021 figures. Overall, imports saw a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Imports peaked at 1.8M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, prepared sheep leather imports fell to $41M in 2022. In general, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of $46M, and then fell in the following year.
| Import of Prepared Sheep Leather in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 20.6 | 16.1 | 17.2 | 15.0 | -10.0% |
| Turkey | 9.8 | 8.0 | 11.6 | 9.8 | 0.0% |
| Indonesia | 1.5 | 1.6 | 7.5 | 6.3 | 61.3% |
| India | 5.6 | 3.9 | 3.7 | 3.7 | -12.9% |
| China | 1.6 | 1.6 | 3.1 | 2.6 | 17.6% |
| Pakistan | 2.3 | 1.7 | 1.3 | 1.5 | -13.3% |
| Others | 2.7 | 2.8 | 1.9 | 2.0 | -9.5% |
| Total | 44.0 | 35.6 | 46.3 | 40.9 | -2.4% |
Top Suppliers of Prepared Sheep Leather to South Korea in 2022:
- Italy (608.6K square meters)
- Turkey (393.1K square meters)
- India (223.8K square meters)
- China (166.4K square meters)
- Indonesia (149.6K square meters)
- Pakistan (90.7K square meters)
Prepared Sheep Leather Exports in South Korea
In 2022, approx. 785K square meters of sheep or lamb skin leather, prepared were exported from South Korea; waning by -4.6% on the year before. Overall, exports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 15%. The exports peaked at 1.3M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, prepared sheep leather exports shrank notably to $16M in 2022. In general, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of $20M, and then reduced rapidly in the following year.
| Export of Prepared Sheep Leather in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.3 | 1.4 | 7.4 | 5.3 | 59.8% |
| Vietnam | 4.2 | 4.6 | 7.0 | 5.0 | 6.0% |
| China | 4.5 | 3.9 | 3.2 | 2.7 | -15.7% |
| Indonesia | 3.4 | 0.3 | 0.2 | 0.9 | -35.8% |
| Cambodia | 0.2 | 0.8 | 1.1 | 0.8 | 58.7% |
| Hong Kong SAR | 1.6 | 0.5 | 0.5 | 0.6 | -27.9% |
| Bangladesh | 1.5 | 0.2 | 0.2 | 0.4 | -35.6% |
| Estonia | 0.2 | N/A | N/A | N/A | 0% |
| Pakistan | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Others | 1.0 | 0.2 | 0.3 | 0.3 | -33.1% |
| Total | 18.5 | 12.2 | 19.9 | 16.1 | -4.5% |
Top Export Markets for Prepared Sheep Leather from South Korea in 2022:
- Vietnam (260.0K square meters)
- China (218.2K square meters)
- Thailand (133.7K square meters)
- Indonesia (59.0K square meters)
- Cambodia (41.6K square meters)
- Hong Kong SAR (30.5K square meters)
- Bangladesh (25.7K square meters)
This report provides an in-depth analysis of the prepared 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 15114150 - Sheep or lamb skin leather without wool on, parchmentdressed or prepared after tanning (excluding chamois, patent, p atent laminated leather and metallised 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
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