Republic of Korea - Non-Cellular Polypropylene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Non-Cellular Polypropylene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights

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Non-Cellular Polypropylene Film Price in South Korea - 2022

Contents:

  1. Non-Cellular Polypropylene Film Price in South Korea (FOB) - 2022
  2. Non-Cellular Polypropylene Film Price in South Korea (CIF) - 2022
  3. Non-Cellular Polypropylene Film Exports in South Korea
  4. Non-Cellular Polypropylene Film Imports in South Korea

Non-Cellular Polypropylene Film Price in South Korea (FOB) - 2022

In December 2022, the average non-cellular polypropylene film export price amounted to $3,610 per ton, waning by -5.2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2022 when the average export price increased by 17% against the previous month. As a result, the export price reached the peak level of $4,226 per ton. From June 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was China ($5,591 per ton), while the average price for exports to New Zealand ($1,705 per ton) 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 India (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polypropylene Film Price in South Korea (CIF) - 2022

The average non-cellular polypropylene film import price stood at $5,598 per ton in December 2022, which is down by -11.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 31% m-o-m. As a result, import price reached the peak level of $6,412 per ton. From November 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($35,450 per ton), while the price for Vietnam ($1,613 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 Japan (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Cellular Polypropylene Film Exports in South Korea

In 2022, the amount of non-cellular polypropylene films, sheets, foil and strip exported from South Korea fell to 65K tons, with a decrease of -6.4% compared with the previous year's figure. Overall, exports showed a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 69K tons, and then declined in the following year.

In value terms, non-cellular polypropylene film exports contracted to $227M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $249M, and then fell in the following year.

Export of Non-Cellular Polypropylene Film in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.923.822.663.833.4%
United States39.435.732.733.1-5.6%
Japan34.332.228.015.6-23.1%
Germany13.310.412.88.5-13.9%
Turkey2.56.55.86.134.6%
Vietnam9.49.57.35.7-15.4%
Hungary0.20.40.65.5201.8%
India8.87.96.85.3-15.6%
Thailand6.66.16.75.2-7.6%
Mexico8.46.77.45.0-15.9%
Russia5.65.35.74.4-7.7%
Australia4.13.13.83.4-6.0%
Canada2.93.42.92.0-11.6%
Others67.853.610663.4-2.2%
Total230205249227-0.4%

Top Export Markets for Non-Cellular Polypropylene Film from South Korea in 2022:

  1. United States (12.6K tons)
  2. Japan (7.5K tons)
  3. China (6.6K tons)
  4. India (2.3K tons)
  5. Germany (2.3K tons)
  6. Turkey (2.2K tons)
  7. Hungary (2.1K tons)
  8. Vietnam (2.1K tons)
  9. Thailand (2.1K tons)
  10. Mexico (2.0K tons)
  11. Russia (1.9K tons)
  12. Canada (1.5K tons)
  13. Australia (1.5K tons)

Non-Cellular Polypropylene Film Imports in South Korea

Non-cellular polypropylene film imports into South Korea totaled 33K tons in 2022, surging by 2.1% on the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6%. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-cellular polypropylene film imports reached $127M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 4.1% against the previous year. As a result, imports attained the peak of $129M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Non-Cellular Polypropylene Film in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.119.023.251.334.5%
Japan50.370.045.717.9-29.1%
India8.56.67.19.64.1%
Indonesia7.96.96.28.42.1%
Philippines6.53.43.54.7-10.2%
Malaysia3.43.83.34.59.8%
Thailand4.13.32.93.9-1.7%
Vietnam4.72.71.62.6-17.9%
Others17.113.132.024.312.4%
Total1241291251270.8%

Top Suppliers of Non-Cellular Polypropylene Film to South Korea in 2022:

  1. China (13.8K tons)
  2. India (3.6K tons)
  3. Indonesia (3.0K tons)
  4. Malaysia (2.0K tons)
  5. Japan (2.0K tons)
  6. Philippines (1.8K tons)
  7. Thailand (1.7K tons)
  8. Vietnam (1.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cellular polypropylene film 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 22213021 - Other plates..., of biaxially orientated polymers of propylene, t hickness . 0,10 mm
  • Prodcom 22213023 - Other plates..., of polymers of propylene, thickness . 0,10 mm, others
  • Prodcom 22213026 - Strip of polymers of propylene, of a thickness of > 0,10 mm and a width of > 5 mm but . .20 mm, of the kind used for packaging (excluding self-adhesive products)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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