Republic of Korea - Newsprint - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNewsprint Price in South Korea - 2022
Contents:
- Newsprint Price in South Korea (FOB) - 2022
- Newsprint Price in South Korea (CIF) - 2022
- Newsprint Exports in South Korea
- Newsprint Imports in South Korea
Newsprint Price in South Korea (FOB) - 2022
The average newsprint export price stood at $716 per ton in December 2022, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in March 2022 when the average export price increased by 8.5% against the previous month. The export price peaked at $747 per ton in September 2022; however, from October 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the countries with the highest prices were Australia ($828 per ton) and Thailand ($808 per ton), while the average price for exports to China ($612 per ton) and Bangladesh ($655 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Newsprint Price in South Korea (CIF) - 2022
In 2022, the average newsprint import price amounted to $1,329 per ton, with a decrease of -43.9% against the previous year. Over the period under review, the import price, however, saw a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 287%. As a result, import price reached the peak level of $2,611 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Japan ($19,875 per ton), while the price for China ($1,154 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+56.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Newsprint Exports in South Korea
In 2022, shipments abroad of newsprint was finally on the rise to reach 133K tons after two years of decline. Overall, exports, however, showed a abrupt decrease.
In value terms, newsprint exports surged to $93M in 2022. In general, exports, however, continue to indicate a deep downturn.
| Export of Newsprint in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.3 | 8.4 | 0.7 | 15.2 | -24.5% |
| China | 25.2 | 12.8 | 19.2 | 15.1 | -15.7% |
| Taiwan (Chinese) | 6.7 | 4.4 | 9.3 | 13.2 | 25.4% |
| Hong Kong SAR | 2.8 | 1.7 | 8.2 | 11.5 | 60.1% |
| Australia | N/A | N/A | N/A | 6.5 | 0% |
| Bangladesh | 10.5 | 3.9 | 2.2 | 4.7 | -23.5% |
| Thailand | 4.2 | 2.7 | 1.3 | 4.1 | -0.8% |
| Philippines | 14.4 | 6.7 | 3.0 | 3.9 | -35.3% |
| Kenya | 0.3 | N/A | N/A | 3.7 | 131.0% |
| Singapore | 3.0 | 2.4 | 0.8 | 3.6 | 6.3% |
| South Africa | 0.1 | N/A | N/A | 2.8 | 203.7% |
| Tanzania | 0.2 | N/A | N/A | 1.8 | 108.0% |
| Others | 8.6 | 5.8 | 3.3 | 6.9 | -7.1% |
| Total | 111 | 48.8 | 48.3 | 93.3 | -5.6% |
Top Export Markets for Newsprint from South Korea in 2022:
- China (26.1K tons)
- India (20.1K tons)
- Taiwan (Chinese) (19.3K tons)
- Hong Kong SAR (16.8K tons)
- Australia (8.1K tons)
- Bangladesh (6.9K tons)
- Thailand (5.7K tons)
- Singapore (5.3K tons)
- Philippines (5.0K tons)
- Kenya (4.8K tons)
- South Africa (3.5K tons)
- Tanzania (2.3K tons)
Newsprint Imports in South Korea
In 2022, purchases abroad of newsprint decreased by -65.1% to 986 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 141% against the previous year. As a result, imports reached the peak of 10 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, newsprint imports fell dramatically to $1.3K in 2022. In general, imports showed a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 197%. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Newsprint in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 0.1 | 0.1 | 1.1 | 16.3% |
| Japan | 0.9 | 5.2 | N/A | 0.2 | -39.4% |
| Sweden | 0.7 | N/A | 0.4 | N/A | -24.4% |
| United States | 1.4 | 5.9 | 5.8 | N/A | 103.5% |
| Others | 0.1 | N/A | 0.4 | N/A | 100.0% |
| Total | 3.8 | 11.2 | 6.7 | 1.3 | -30.1% |
Top Suppliers of Newsprint to South Korea in 2022:
- China (962.0 kg)
- United States (15.0 kg)
- Japan (8.0 kg)
This report provides an in-depth analysis of the newsprint 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:
- FCL 1671 - Newsprint
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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