Key Market Indicators
Korean yarn exports are anticipated to reach $1.1 billion by 2026, a slight 0.5% increase annually from 2021’s $1.1 billion. Since 1993, the supply of yarn from Korea has grown at a rate of 3.1% each year. Korean yarn imports, on the other hand, are estimated to amount to $962 million by 2026, signifying an average growth rate of 2% year on year since 2021’s $854 million. Since 1993, the demand for yarn in Korea has risen 4.1% annually.