Republic of Korea - Plastic Disposable Tableware And Kitchenware - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Plastic Tableware and Kitchenware in South Korea - 2022
Contents:
- Price for Plastic Tableware and Kitchenware in South Korea (CIF) - 2022
- Price for Plastic Tableware and Kitchenware in South Korea (FOB) - 2022
- Imports of Plastic Tableware and Kitchenware in South Korea
- Exports of Plastic Tableware and Kitchenware in South Korea
Price for Plastic Tableware and Kitchenware in South Korea (CIF) - 2022
The average plastic tableware and kitchenware import price stood at $5,120 per ton in December 2022, surging by 6.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 19% against the previous month. As a result, import price reached the peak level of $6,375 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 ($8,590 per ton), while the price for Taiwan (Chinese) ($3,127 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 Thailand (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Plastic Tableware and Kitchenware in South Korea (FOB) - 2022
In December 2022, the average plastic tableware and kitchenware export price amounted to $6,137 per ton, picking up by 13% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 111% m-o-m. As a result, the export price reached the peak level of $12,523 per ton. From October 2022 to December 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Japan ($7,926 per ton), while the average price for exports to Mongolia ($2,171 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 the Philippines (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Plastic Tableware and Kitchenware in South Korea
In 2022, plastic tableware and kitchenware imports into South Korea contracted to 30K tons, waning by -6.8% on 2021 figures. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 33K tons, and then declined in the following year.
In value terms, plastic tableware and kitchenware imports shrank modestly to $154M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $162M, and then contracted modestly in the following year.
Import of Plastic Tableware and Kitchenware in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 72.9 | 73.2 | 104 | 107 | 13.6% |
Taiwan (Chinese) | 24.9 | 26.4 | 28.7 | 21.2 | -5.2% |
Thailand | 5.6 | 5.2 | 6.6 | 6.1 | 2.9% |
Japan | 6.0 | 4.5 | 5.6 | 4.6 | -8.5% |
Vietnam | 5.1 | 4.0 | 3.8 | 3.1 | -15.3% |
Others | 11.7 | 10.7 | 13.1 | 11.7 | 0.0% |
Total | 126 | 124 | 162 | 154 | 6.9% |
Top Suppliers of Plastic Tableware and Kitchenware to South Korea in 2022:
- China (18.9K tons)
- Taiwan (Chinese) (7.4K tons)
- Thailand (1.4K tons)
- Vietnam (1.0K tons)
- Japan (0.5K tons)
Exports of Plastic Tableware and Kitchenware in South Korea
After two years of decline, overseas shipments of plastic tableware and kitchenware increased by 0.8% to 9.9K tons in 2022. Overall, exports, however, recorded a pronounced decline.
In value terms, plastic tableware and kitchenware exports stood at $65M in 2022. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Plastic Tableware and Kitchenware in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.5 | 13.2 | 13.5 | 12.0 | 8.1% |
Japan | 10.1 | 11.1 | 11.7 | 11.0 | 2.9% |
Malaysia | 0.7 | 0.6 | 0.6 | 5.4 | 97.6% |
China | 9.1 | 10.2 | 9.2 | 4.7 | -19.8% |
Philippines | 3.0 | 1.7 | 1.5 | 3.9 | 9.1% |
Canada | 1.3 | 1.9 | 2.9 | 3.8 | 43.0% |
Australia | 3.1 | 5.4 | 3.3 | 2.6 | -5.7% |
Saudi Arabia | 3.7 | 2.8 | 2.4 | 2.4 | -13.4% |
Mexico | 1.0 | 1.3 | 1.3 | 1.8 | 21.6% |
United Arab Emirates | 1.9 | 0.4 | 0.4 | 1.6 | -5.6% |
Indonesia | 2.0 | 1.7 | 1.2 | 1.4 | -11.2% |
Singapore | 0.9 | 1.0 | 1.3 | 1.1 | 6.9% |
Mongolia | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
Others | 18.0 | 12.9 | 12.5 | 12.5 | -11.4% |
Total | 64.7 | 64.8 | 62.2 | 65.0 | 0.2% |
Top Export Markets for Plastic Tableware and Kitchenware from South Korea in 2022:
- United States (1783.9 tons)
- Japan (1563.0 tons)
- China (853.4 tons)
- Philippines (710.0 tons)
- Saudi Arabia (614.8 tons)
- Canada (514.7 tons)
- Malaysia (467.8 tons)
- United Arab Emirates (465.0 tons)
- Australia (454.0 tons)
- Mexico (311.5 tons)
- Singapore (201.0 tons)
- Indonesia (191.3 tons)
- Mongolia (178.9 tons)
This report provides an in-depth analysis of the market for plastic tableware and kitchenware 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 22292320 - Tableware and kitchenware of plastic
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
This report provides an in-depth analysis of the market for plastic tableware and kitchenware in Republic of Korea.
This report provides an in-depth analysis of the plastic household ware market in Republic of Korea.
This report provides an in-depth analysis of the plastic household articles market in Republic of Korea.
This report provides an in-depth analysis of the global market for plastic tableware and kitchenware.
This report provides an in-depth analysis of the global plastic household ware market.
This report provides an in-depth analysis of the global plastic household articles market.
This report provides an in-depth analysis of the market for plastic tableware and kitchenware in Republic of Korea.
This report provides an in-depth analysis of the plastic household ware market in Republic of Korea.
This report provides an in-depth analysis of the plastic household articles market in Republic of Korea.
This report provides an in-depth analysis of the global market for plastic tableware and kitchenware.
Explore the top import markets for plastic tableware and kitchenware around the world. The article provides key statistics and insights into the import values of countries such as the United States, Germany, Canada, France, and more.
Explore the world's best import markets for plastic household ware based on data from the IndexBox market intelligence platform. Discover the top countries and key statistics in this booming industry.
Explore the top import markets for plastic tableware and kitchenware around the world. The article provides key statistics and insights into the import values of countries such as the United States, Germany, Canada, France, and more.
Explore the world's best import markets for plastic household ware based on data from the IndexBox market intelligence platform. Discover the top countries and key statistics in this booming industry.