Republic of Korea - Case Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Case Materials - Market Analysis, Forecast, Size, Trends and Insights

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Paperboard Case Material Price in South Korea - 2022

Contents:

  1. Paperboard Case Material Price in South Korea (FOB) - 2022
  2. Paperboard Case Material Price in South Korea (CIF) - 2022
  3. Paperboard Case Material Exports in South Korea
  4. Paperboard Case Material Imports in South Korea

Paperboard Case Material Price in South Korea (FOB) - 2022

The average paperboard case material export price stood at $433 per ton in December 2022, dropping by -5.1% against the previous month. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 3.5% month-to-month. Over the period under review, the average export prices attained the maximum at $574 per ton in January 2022; however, from February 2022 to December 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($799 per ton), while the average price for exports to China ($415 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 Indonesia (+1.5%), while the prices for the other major destinations experienced a decline.

Paperboard Case Material Price in South Korea (CIF) - 2022

In December 2022, the average paperboard case material import price amounted to $930 per ton, dropping by -5% against the previous month. In general, the import price saw a mild setback. The pace of growth appeared the most rapid in February 2022 an increase of 4.6% month-to-month. Over the period under review, average import prices hit record highs at $1,069 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Thailand ($1,387 per ton), while the price for Taiwan (Chinese) ($489 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 New Zealand (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Paperboard Case Material Exports in South Korea

In 2022, overseas shipments of paperboard case materials decreased by -10.4% to 463K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of 704K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, paperboard case material exports contracted to $242M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 25% against the previous year.

Export of Paperboard Case Material in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11319322320822.6%
Indonesia18.411.58.88.9-21.5%
Vietnam0.64.27.07.6133.1%
Malaysia50.237.019.66.4-49.7%
Others29.919.415.711.0-28.3%
Total2122652742424.5%

Top Export Markets for Paperboard Case Material from South Korea in 2022:

  1. China (407.9K tons)
  2. Indonesia (14.1K tons)
  3. Malaysia (11.9K tons)
  4. Vietnam (9.9K tons)

Paperboard Case Material Imports in South Korea

In 2022, paperboard case material imports into South Korea contracted markedly to 146K tons, which is down by -46.1% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of 271K tons, and then dropped rapidly in the following year.

In value terms, paperboard case material imports dropped remarkably to $149M in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $208M, and then plummeted in the following year.

Import of Paperboard Case Material in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.928.330.338.9-6.7%
Japan40.340.980.538.7-1.3%
China8.216.518.320.335.3%
New Zealand16.612.86.710.8-13.3%
Russia4.13.712.410.436.4%
Taiwan (Chinese)6.14.05.84.6-9.0%
IndonesiaN/AN/A0.43.5775.0%
Finland3.34.34.73.2-1.0%
Poland3.62.21.30.6-45.0%
Others6.310.147.617.640.8%
Total1361232081493.1%

Top Suppliers of Paperboard Case Material to South Korea in 2022:

  1. United States (45.1K tons)
  2. Japan (26.6K tons)
  3. China (18.3K tons)
  4. New Zealand (12.3K tons)
  5. Russia (12.3K tons)
  6. Taiwan (Chinese) (7.2K tons)
  7. Indonesia (3.7K tons)
  8. Finland (3.4K tons)
  9. Poland (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paperboard case material 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 1617 - Case materials

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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