Republic of Korea - Densified Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDensified Wood Price in South Korea - 2022
Contents:
- Densified Wood Price in South Korea (CIF) - 2022
- Densified Wood Price in South Korea (FOB) - 2022
- Densified Wood Imports in South Korea
- Densified Wood Exports in South Korea
Densified Wood Price in South Korea (CIF) - 2022
In 2022, the average densified wood import price amounted to $2,368 per ton, picking up by 53% against the previous year. Over the period under review, the import price showed prominent growth. The growth pace was the most rapid in 2021 an increase of 105% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,817 per ton), while the price for Malaysia ($288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Densified Wood Price in South Korea (FOB) - 2022
The average densified wood export price stood at $857 per ton in 2022, reducing by -7% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 167%. Over the period under review, the average export prices hit record highs at $4,099 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($981 per ton), while the average price for exports to Japan ($210 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 Qatar (+115.7%), while the prices for the other major destinations experienced mixed trend patterns.
Densified Wood Imports in South Korea
In 2022, approx. 1.7K tons of densified wood were imported into South Korea; dropping by -30.6% against 2021 figures. In general, imports continue to indicate a dramatic contraction. The smallest decline of -8.8% was in 2020.
In value terms, densified wood imports expanded rapidly to $4.1M in 2022. Overall, imports saw a deep setback.
| Import of Densified Wood in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 954 | 1,120 | 1,417 | 1,369 | 12.8% |
| China | 1,921 | 2,124 | 1,611 | 840 | -24.1% |
| Canada | N/A | N/A | 334 | 758 | 126.9% |
| Italy | 833 | 417 | 316 | 698 | -5.7% |
| United States | 3.3 | 14.0 | 54.9 | 214 | 301.8% |
| Austria | 313 | 0.3 | 29.4 | 35.9 | -51.4% |
| Malaysia | 975 | 911 | 0.2 | N/A | -98.6% |
| Others | 303 | 160 | 110 | 204 | -12.4% |
| Total | 5,303 | 4,746 | 3,873 | 4,119 | -8.1% |
Top Suppliers of Densified Wood to South Korea in 2022:
- Germany (509.9 tons)
- China (448.8 tons)
- Canada (359.2 tons)
- Italy (248.0 tons)
- United States (86.2 tons)
- Austria (22.4 tons)
- Malaysia (0.1 tons)
Densified Wood Exports in South Korea
In 2022, after two years of decline, there was significant growth in shipments abroad of densified wood, when their volume increased by 10% to 182 tons. In general, exports, however, showed a abrupt descent.
In value terms, densified wood exports amounted to $156K in 2022. Overall, exports, however, showed a abrupt contraction.
| Export of Densified Wood in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 57.0 | 93.7 | 82.7 | 111 | 24.9% |
| Philippines | 14.5 | 46.2 | 55.3 | 40.5 | 40.8% |
| Japan | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| United States | 137 | N/A | 1.1 | 0.7 | -82.8% |
| Others | 28.7 | 12.2 | 13.1 | 2.6 | -55.1% |
| Total | 237 | 152 | 152 | 156 | -13.0% |
Top Export Markets for Densified Wood from South Korea in 2022:
- United States (undefined tons)
- Vietnam (113.2 tons)
- Philippines (63.6 tons)
- Japan (5.2 tons)
This report provides an in-depth analysis of the densified wood 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 16212200 - Densified wood, in blocks, plates, strips or profile shapes
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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In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
744
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...
905
In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
744
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...
