Report Update: May 1, 2024

Republic of Korea - Paper Trays, Dishes, Plates And Cups - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paper Dishes and Cups in South Korea - 2022

Price for Paper Dishes and Cups in South Korea (FOB) - 2022

The average paper dishes and cups export price stood at $2,808 per ton in December 2022, approximately mirroring the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 5.6% against the previous month. The export price peaked at $2,983 per ton in April 2022; however, from May 2022 to December 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In December 2022, the countries with the highest prices were the United States ($3,084 per ton) and Vietnam ($2,873 per ton), while the average price for exports to the Netherlands ($2,297 per ton) and Japan ($2,577 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 the Netherlands (+1.0%), while the prices for the other major destinations experienced a decline.

Price for Paper Dishes and Cups in South Korea (CIF) - 2022

In December 2022, the average paper dishes and cups import price amounted to $3,895 per ton, growing by 4.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2022 an increase of 9.4% against the previous month. As a result, import price reached the peak level of $4,015 per ton. From March 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 ($9,698 per ton), while the price for Vietnam ($2,698 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Paper Dishes and Cups in South Korea

In 2022, the amount of paper trays, dishes, plates and cups exported from South Korea was estimated at 14K tons, growing by 4% compared with the previous year's figure. Overall, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.

In value terms, paper dishes and cups exports expanded rapidly to $45M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Paper Dishes and Cups in South Korea (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	29.1	21.7	23.0	26.9	-2.6%
United States	8.5	9.2	11.6	12.2	12.8%
Netherlands	1.6	1.0	1.5	1.6	0.0%
Vietnam	0.4	0.5	0.8	0.9	31.0%
South Africa	0.8	0.3	0.5	0.6	-9.1%
Bangladesh	0.5	0.6	0.3	0.5	0.0%
Others	2.3	1.7	2.0	2.6	4.2%
Total	43.2	35.1	39.8	45.3	1.6%

Top Export Markets for Paper Dishes and Cups from South Korea in 2022:

Japan (8.5K tons)
United States (3.4K tons)
Netherlands (0.7K tons)
Vietnam (0.3K tons)
Bangladesh (0.2K tons)
South Africa (0.2K tons)

Imports of Paper Dishes and Cups in South Korea

In 2022, after three years of growth, there was significant decline in purchases abroad of paper trays, dishes, plates and cups, when their volume decreased by -5.4% to 5.6K tons. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of 5.9K tons, and then reduced in the following year.

In value terms, paper dishes and cups imports dropped slightly to $22M in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $23M, and then reduced modestly in the following year.

Import of Paper Dishes and Cups in South Korea (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.8	6.1	12.9	12.5	37.6%
United States	4.4	4.8	6.1	5.9	10.3%
Vietnam	0.1	0.8	1.0	1.0	115.4%
Malaysia	1.2	0.7	0.9	0.9	-9.1%
Japan	0.6	0.3	0.7	0.7	5.3%
Indonesia	0.5	0.6	0.7	0.6	6.3%
Others	0.6	0.5	0.9	0.8	10.1%
Total	12.2	13.7	23.1	22.4	22.5%

Top Suppliers of Paper Dishes and Cups to South Korea in 2022:

China (3397.9 tons)
United States (1041.2 tons)
Vietnam (373.0 tons)
Malaysia (345.3 tons)
Indonesia (177.5 tons)
Japan (125.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paper dishes and cups 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 17221300 - Trays, dishes, plates, cups and the like of paper or paperboard

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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