Republic of Korea - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaper Label Price in South Korea - 2022
Contents:
- Paper Label Price in South Korea (FOB) - 2022
- Paper Label Price in South Korea (CIF) - 2022
- Paper Label Exports in South Korea
- Paper Label Imports in South Korea
Paper Label Price in South Korea (FOB) - 2022
In December 2022, the average paper label export price amounted to $6,733 per ton, declining by -20.2% against the previous month. Over the period under review, the export price showed a perceptible setback. The pace of growth appeared the most rapid in April 2022 an increase of 24% m-o-m. The export price peaked at $11,412 per ton in May 2022; however, from June 2022 to December 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Indonesia ($18,469 per ton), while the average price for exports to Cote d'Ivoire ($1,463 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 China (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Paper Label Price in South Korea (CIF) - 2022
In December 2022, the average paper label import price amounted to $10,516 per ton, falling by -45% against the previous month. Over the period under review, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 46% against the previous month. The import price peaked at $19,133 per ton in November 2022, and then declined dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($39,109 per ton), while the price for Thailand ($1,674 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 (+4.3%), while the prices for the other major suppliers experienced a decline.
Paper Label Exports in South Korea
In 2022, paper label exports from South Korea declined to 6.2K tons, dropping by -9% against the previous year. Over the period under review, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 6.8K tons, and then dropped in the following year.
In value terms, paper label exports fell to $55M in 2022. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 5.5% against the previous year.
| Export of Paper Label in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 2.7 | 2.0 | 1.1 | 54.5 | 172.3% |
| Vietnam | 25.5 | 18.4 | 19.2 | N/A | -13.2% |
| China | 3.7 | 2.9 | 2.8 | N/A | -13.0% |
| Congo | 0.4 | 0.5 | 0.6 | N/A | 22.5% |
| Senegal | 3.6 | 2.5 | 4.9 | N/A | 16.7% |
| United States | 3.0 | 3.7 | 4.4 | N/A | 21.1% |
| Indonesia | 7.1 | 5.7 | 4.5 | N/A | -20.4% |
| Philippines | 2.3 | 2.2 | 3.1 | N/A | 16.1% |
| Others | 15.9 | 15.0 | 15.4 | N/A | -1.6% |
| Total | 64.2 | 53.1 | 56.0 | 54.5 | -5.3% |
Top Export Markets for Paper Label from South Korea in 2022:
- Myanmar (6.2K tons)
Paper Label Imports in South Korea
In 2022, overseas purchases of labels of paper or paperboard decreased by -9.2% to 1.2K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, paper label imports rose remarkably to $18M in 2022. Overall, imports showed a perceptible decrease.
| Import of Paper Label in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 4.1 | 2.3 | 8.3 | 23.6% |
| Hong Kong SAR | 3.5 | 2.1 | 0.8 | 2.9 | -6.1% |
| Japan | 1.8 | 1.9 | 0.8 | 2.4 | 10.1% |
| Netherlands | 0.2 | 0.3 | 0.2 | 1.2 | 81.7% |
| Germany | 0.8 | 0.5 | 0.6 | 1.1 | 11.2% |
| Italy | 0.2 | 0.5 | 0.3 | 0.9 | 65.1% |
| Turkey | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| China | 4.4 | 5.4 | 6.9 | N/A | 25.2% |
| Vietnam | 1.4 | 1.4 | 0.9 | N/A | -19.8% |
| Philippines | 0.3 | 1.6 | N/A | N/A | 433.3% |
| Others | 3.1 | 2.2 | 3.4 | 1.1 | -29.2% |
| Total | 20.1 | 20.2 | 16.2 | 18.2 | -3.3% |
Top Suppliers of Paper Label to South Korea in 2022:
- United States (617.4 tons)
- Hong Kong SAR (261.3 tons)
- Italy (63.3 tons)
- Germany (58.0 tons)
- Japan (56.4 tons)
- Netherlands (28.0 tons)
- Turkey (25.6 tons)
- Philippines (0.3 tons)
This report provides an in-depth analysis of the paper label 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 17291120 - Self-adhesive printed labels of paper or paperboard
- Prodcom 17291140 - Printed labels of paper or paperboard (excluding selfadhesive)
- Prodcom 17291160 - Self-adhesive labels of paper or paperboard (excluding printed)
- Prodcom 17291180 - Labels of paper or paperboard (excluding printed, selfadhesive)
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.
-
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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