Stationery Product Price in South Korea - 2022
Contents:
- Stationery Product Price in South Korea (FOB) - 2022
- Stationery Product Price in South Korea (CIF) - 2022
- Stationery Product Exports in South Korea
- Stationery Product Imports in South Korea
Stationery Product Price in South Korea (FOB) - 2022
In 2022, the average stationery product export price amounted to $3,745 per ton, dropping by -8.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 18%. The export price peaked at $4,462 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($6,249 per ton), while the average price for exports to Malaysia ($1,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Stationery Product Price in South Korea (CIF) - 2022
The average stationery product import price stood at $4,957 per ton in December 2022, reducing by -19.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 36% month-to-month. The import price peaked at $6,136 per ton in November 2022, and then dropped sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($13,215 per ton), while the price for Japan ($1,305 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Stationery Product Exports in South Korea
In 2022, exports of stationery products from South Korea totaled 16K tons, growing by 4.7% against 2021. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, stationery product exports shrank slightly to $58M in 2022. In general, exports, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.6%.
| Export of Stationery Product in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.6 | 16.2 | 13.8 | 14.3 | -4.8% |
| Japan | 9.4 | 7.7 | 11.5 | 10.3 | 3.1% |
| Indonesia | 6.0 | 7.2 | 10.6 | 8.7 | 13.2% |
| Australia | 6.6 | 6.0 | 5.8 | 5.6 | -5.3% |
| Germany | 2.6 | 2.7 | 2.4 | 2.4 | -2.6% |
| Poland | 2.0 | 1.9 | 1.7 | 1.7 | -5.3% |
| United Kingdom | 2.0 | 2.0 | 1.5 | 1.7 | -5.3% |
| Vietnam | 3.1 | 1.2 | 0.7 | 1.4 | -23.3% |
| Russia | 0.9 | 0.7 | 1.0 | 1.3 | 13.0% |
| China | 1.5 | 1.0 | 1.1 | 1.2 | -7.2% |
| Malaysia | 0.4 | 0.5 | 0.9 | 0.8 | 26.0% |
| New Zealand | 0.9 | 1.0 | 0.9 | 0.8 | -3.9% |
| Others | 9.3 | 7.7 | 8.8 | 8.2 | -4.1% |
| Total | 61.3 | 55.8 | 60.6 | 58.2 | -1.7% |
Top Export Markets for Stationery Product from South Korea in 2022:
- United States (3.6K tons)
- Indonesia (2.9K tons)
- Australia (1.7K tons)
- Japan (1.6K tons)
- United Kingdom (0.8K tons)
- Malaysia (0.7K tons)
- Poland (0.6K tons)
- Vietnam (0.5K tons)
- Germany (0.4K tons)
- New Zealand (0.4K tons)
- China (0.3K tons)
- Russia (0.2K tons)
Stationery Product Imports in South Korea
Stationery product imports into South Korea shrank to 13K tons in 2022, which is down by -9% against the previous year. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of 15K tons, and then declined in the following year.
In value terms, stationery product imports dropped to $48M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of $55M, and then contracted in the following year.
| Import of Stationery Product in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.8 | 27.7 | 35.7 | 31.2 | 1.5% |
| Japan | 3.3 | 3.7 | 5.3 | 4.4 | 10.1% |
| United States | 2.0 | 1.8 | 3.5 | 2.8 | 11.9% |
| Indonesia | 1.7 | 1.7 | 2.5 | 2.2 | 9.0% |
| Vietnam | 1.2 | 1.1 | 1.1 | 1.0 | -5.9% |
| Others | 6.4 | 4.3 | 6.8 | 5.9 | -2.7% |
| Total | 44.5 | 40.3 | 54.8 | 47.6 | 2.3% |
Top Suppliers of Stationery Product to South Korea in 2022:
- China (7.0K tons)
- Japan (3.5K tons)
- Indonesia (1.5K tons)
- United States (0.4K tons)
- Vietnam (0.2K tons)
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