Republic of Korea - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingParticle Board Price in South Korea - 2022
Contents:
- Particle Board Price in South Korea (CIF) - 2022
- Particle Board Price in South Korea (FOB) - 2022
- Particle Board Imports in South Korea
- Particle Board Exports in South Korea
Particle Board Price in South Korea (CIF) - 2022
In December 2022, the average particle board import price amounted to $143 per cubic meter, which is down by -2.8% against the previous month. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in February 2022 an increase of 5.5% month-to-month. The import price peaked at $196 per cubic meter in April 2022; however, from May 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Romania ($314 per cubic meter), while the price for Indonesia ($120 per cubic meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Romania (-0.4%), while the prices for the other major suppliers experienced a decline.
Particle Board Price in South Korea (FOB) - 2022
In 2022, the average particle board export price amounted to $707 per cubic meter, which is down by -11.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 52%. As a result, the export price attained the peak level of $1,071 per cubic meter. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($2,039 per cubic meter), while the average price for exports to China ($296 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Particle Board Imports in South Korea
Particle board imports into South Korea contracted to 1.3M cubic meters in 2022, which is down by -12.2% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of 1.5M cubic meters, and then shrank in the following year.
In value terms, particle board imports contracted to $237M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of $273M, and then contracted in the following year.
| Import of Particle Board in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 124 | 119 | 222 | 196 | 16.5% |
| Malaysia | 9.9 | 8.7 | 8.6 | 11.3 | 4.5% |
| Indonesia | 14.6 | 15.2 | 6.4 | 8.3 | -17.2% |
| Romania | 4.3 | 6.1 | 5.1 | 7.0 | 17.6% |
| Canada | 11.8 | 6.3 | 2.1 | 0.6 | -63.0% |
| Others | 9.7 | 11.6 | 28.2 | 13.8 | 12.5% |
| Total | 174 | 167 | 273 | 237 | 10.8% |
Top Suppliers of Particle Board to South Korea in 2022:
- Thailand (1150.3K cubic meters)
- Indonesia (55.1K cubic meters)
- Malaysia (52.8K cubic meters)
- Romania (21.7K cubic meters)
- Canada (1.3K cubic meters)
Particle Board Exports in South Korea
In 2022, exports of particle board from South Korea shrank notably to 434 cubic meters, declining by -69.9% against 2021 figures. Over the period under review, exports recorded a dramatic slump. The smallest decline of -3.2% was in 2021. The exports peaked at 1.9K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, particle board exports shrank sharply to $307K in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 8.7% against the previous year. As a result, the exports attained the peak of $1.2M, and then reduced dramatically in the following year.
| Export of Particle Board in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 681 | 781 | 720 | 144 | -40.4% |
| Philippines | 43.0 | 17.4 | 2.8 | 59.1 | 11.2% |
| Poland | N/A | N/A | N/A | 40.7 | 0% |
| China | 102 | 9.8 | 11.7 | 33.1 | -31.3% |
| United States | 22.1 | 18.6 | 47.4 | 23.3 | 1.8% |
| Italy | 0.6 | N/A | N/A | 3.3 | 76.5% |
| Indonesia | 77.5 | 3.2 | 59.4 | 1.6 | -72.6% |
| Kenya | 15.2 | N/A | 0.1 | N/A | -91.9% |
| Cambodia | 67.4 | 59.1 | 44.3 | N/A | -18.9% |
| Others | 140 | 171 | 267 | 1.5 | -78.0% |
| Total | 1,149 | 1,060 | 1,152 | 307 | -35.6% |
Top Export Markets for Particle Board from South Korea in 2022:
- Japan (197.0 cubic meters)
- China (112.0 cubic meters)
- Poland (57.0 cubic meters)
- Philippines (29.0 cubic meters)
- United States (25.0 cubic meters)
- Italy (7.0 cubic meters)
- Indonesia (1.0 cubic meters)
- Cambodia (1.0 cubic meters)
This report provides an in-depth analysis of the particle board 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 1697 - Particle board
- FCL 1606 - OSB
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
-
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
-
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
-
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
-
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
-
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
-
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
668
This report provides an in-depth analysis of the particle board market in Republic of Korea.
407
This report provides an in-depth analysis of the wooden particle board market in Republic of Korea.
435
This report provides an in-depth analysis of the oriented strandboard (osb) market in Republic of Korea.
354
This report provides an in-depth analysis of the market for board of bagasse, bamboo or other particles in Republic of Korea.
374
This report provides an in-depth analysis of the waferboard market in Republic of Korea.
3203
This report provides an in-depth analysis of the global particle board market.
575
This report provides an in-depth analysis of the global wooden particle board market.
2049
This report provides an in-depth analysis of the global oriented strandboard (osb) market.
646
This report provides an in-depth analysis of the global market for board of bagasse, bamboo or other particles.
598
This report provides an in-depth analysis of the global waferboard market.
280
Discover the top import markets for particle board with key statistics and import values. Explore the booming demand for particle board in countries like the United States, Germany, and Italy. Learn why these markets are lucrative for exporters. Read more on IndexBox market intelligence platform.
955
In 2018, global particle board production amounted to 128M cubic meters in 2018, increasing by 1.5% against the previous year.
1420
In 2016, approx. X tons of particle board were imported worldwide- rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
3307
In 2016, approx. X tons of particle board were imported worldwide- rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
4322
Particle board is defined as a panel product made by compressing small particles of wood while simultaneously bonding them with an adhesive. Particle boards are often consumed by enterprises for industrial needs, for example in the production of finish
91
Explore the world's best import markets for Oriented Strandboard (OSB) and key statistics for each country. Analyze the top countries by import value of OSB.
95
Discover the top import markets for waferboard in 2023 and the key statistics behind each country's import value.
280
Discover the top import markets for particle board with key statistics and import values. Explore the booming demand for particle board in countries like the United States, Germany, and Italy. Learn why these markets are lucrative for exporters. Read more on IndexBox market intelligence platform.
955
In 2018, global particle board production amounted to 128M cubic meters in 2018, increasing by 1.5% against the previous year.
1420
In 2016, approx. X tons of particle board were imported worldwide- rising by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
