Price for Pulp; Cotton Linters Pulp in South Korea - 2022
Contents:
- Price for Pulp; Cotton Linters Pulp in South Korea (CIF) - 2022
- Price for Pulp; Cotton Linters Pulp in South Korea (FOB) - 2022
- Imports of Pulp; Cotton Linters Pulp in South Korea
- Exports of Pulp; Cotton Linters Pulp in South Korea
Price for Pulp; Cotton Linters Pulp in South Korea (CIF) - 2022
The average pulp; cotton linters pulp import price stood at $1,964 per ton in December 2022, declining by -3.7% against the previous month. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices attained the peak figure at $2,538 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Uzbekistan ($2,441 per ton), while the price for China amounted to $1,845 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pulp; Cotton Linters Pulp in South Korea (FOB) - 2022
The average pulp; cotton linters pulp export price stood at $1,642 per ton in 2022, approximately equating the previous year. In general, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of 17%. Over the period under review, the average export prices hit record highs at $2,337 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,790 per ton), while the average price for exports to Uzbekistan ($886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-1.2%), while the prices for the other major destinations experienced a decline.
Imports of Pulp; Cotton Linters Pulp in South Korea
Pulp; cotton linters pulp imports into South Korea declined to 26K tons in 2022, reducing by -6.6% against 2021. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%.
In value terms, pulp; cotton linters pulp imports soared to $59M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +63.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Pulp; Cotton Linters Pulp in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.1 | 22.0 | 35.4 | 49.1 | 19.1% |
| Uzbekistan | 7.0 | 7.8 | 6.7 | 6.2 | -4.0% |
| United States | 2.4 | 5.5 | 5.5 | 3.3 | 11.2% |
| Russia | 0.5 | 0.6 | 0.7 | N/A | 18.3% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 39.1 | 35.9 | 48.3 | 58.6 | 14.4% |
Top Suppliers of Pulp; Cotton Linters Pulp to South Korea in 2022:
- China (21.2K tons)
- Uzbekistan (3.4K tons)
- United States (1.6K tons)
Exports of Pulp; Cotton Linters Pulp in South Korea
In 2022, exports of pulp; cotton linters pulp from South Korea fell dramatically to 282 tons, shrinking by -39.2% against the year before. Overall, exports, however, saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of 364% against the previous year. As a result, the exports attained the peak of 464 tons, and then dropped sharply in the following year.
In value terms, pulp; cotton linters pulp exports fell notably to $463K in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 400%. As a result, the exports attained the peak of $772K, and then fell notably in the following year.
| Export of Pulp; Cotton Linters Pulp in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 181 | 44.7 | 520 | 308 | 19.4% |
| Indonesia | 106 | 98.0 | 172 | 106 | 0.0% |
| Uzbekistan | N/A | N/A | N/A | 17.3 | 0% |
| Spain | 7.0 | 6.9 | 15.8 | 8.7 | 7.5% |
| Others | 5.9 | 4.7 | 64.9 | 23.4 | 58.3% |
| Total | 300 | 154 | 772 | 463 | 15.6% |
Top Export Markets for Pulp; Cotton Linters Pulp from South Korea in 2022:
- India (171.8 tons)
- Indonesia (72.8 tons)
- Uzbekistan (19.5 tons)
- Spain (5.1 tons)
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