Price for Trade Advertising Material and Commercial Catalogue in South Korea - 2022
Contents:
- Price for Trade Advertising Material and Commercial Catalogue in South Korea (FOB) - 2022
- Price for Trade Advertising Material and Commercial Catalogue in South Korea (CIF) - 2022
- Exports of Trade Advertising Material and Commercial Catalogue in South Korea
- Imports of Trade Advertising Material and Commercial Catalogue in South Korea
Price for Trade Advertising Material and Commercial Catalogue in South Korea (FOB) - 2022
In 2022, the average export price for trade advertising materials and commercial catalogues amounted to $5,361 per ton, with an increase of 4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2019 when the average export price increased by 28%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,186 per ton), while the average price for exports to the Philippines ($1,459 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 the United States (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Trade Advertising Material and Commercial Catalogue in South Korea (CIF) - 2022
The average import price for trade advertising materials and commercial catalogues stood at $10,476 per ton in December 2022, dropping by -17.1% against the previous month. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in February 2022 an increase of 60% month-to-month. As a result, import price reached the peak level of $22,489 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 Vietnam ($26,088 per ton), while the price for China ($5,580 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 Vietnam (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Trade Advertising Material and Commercial Catalogue in South Korea
In 2022, approx. 6.1K tons of trade advertising materials and commercial catalogues were exported from South Korea; growing by 98% compared with the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of trade advertising materials and commercial catalogues surged to $33M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Trade Advertising Material and Commercial Catalogue in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 2.6 | 5.4 | 12.5 | 64.7% |
| China | 0.6 | 0.2 | 0.4 | 9.0 | 146.6% |
| Japan | 2.2 | 1.9 | 3.5 | 3.2 | 13.3% |
| Australia | 0.9 | 0.6 | 0.3 | 1.2 | 10.1% |
| Mexico | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Indonesia | 0.4 | 0.2 | 0.1 | 0.7 | 20.5% |
| India | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Philippines | 0.6 | 0.7 | 0.6 | 0.6 | 0.0% |
| Thailand | 0.3 | 0.3 | 0.7 | 0.6 | 26.0% |
| Saudi Arabia | 0.6 | 0.5 | 0.5 | 0.4 | -12.6% |
| Vietnam | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Russia | 0.7 | 0.2 | 0.4 | 0.2 | -34.1% |
| Others | 3.2 | 2.2 | 3.1 | 2.2 | -11.7% |
| Total | 13.3 | 10.6 | 15.8 | 32.6 | 34.8% |
Top Export Markets for Trade Advertising Material and Commercial Catalogue from South Korea in 2022:
- China (1844.1 tons)
- United States (822.1 tons)
- Australia (814.0 tons)
- Japan (503.8 tons)
- Philippines (394.4 tons)
- Indonesia (339.2 tons)
- Thailand (192.4 tons)
- India (190.2 tons)
- Mexico (143.7 tons)
- Saudi Arabia (121.8 tons)
- United Arab Emirates (106.8 tons)
- Vietnam (82.9 tons)
- Russia (79.9 tons)
Imports of Trade Advertising Material and Commercial Catalogue in South Korea
For the third consecutive year, South Korea recorded decline in purchases abroad of trade advertising materials and commercial catalogues, which decreased by -3.8% to 963 tons in 2022. Overall, imports saw a dramatic descent.
In value terms, imports of trade advertising materials and commercial catalogues shrank to $12M in 2022. In general, imports recorded a deep slump. The smallest decline of -5.5% was in 2021.
| Import of Trade Advertising Material and Commercial Catalogue in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.4 | 2.7 | 2.7 | -5.5% |
| United States | 2.1 | 1.7 | 2.2 | 1.7 | -6.8% |
| Germany | 2.1 | 1.0 | 1.3 | 1.5 | -10.6% |
| Italy | 1.8 | 2.0 | 1.9 | 1.2 | -12.6% |
| Japan | 2.3 | 2.1 | 1.2 | 1.2 | -19.5% |
| Vietnam | N/A | N/A | N/A | 1.0 | 0% |
| France | 0.9 | 0.7 | 1.0 | 0.5 | -17.8% |
| United Kingdom | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Malaysia | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Others | 2.3 | 3.0 | 2.7 | 1.6 | -11.4% |
| Total | 15.7 | 14.4 | 13.6 | 12.1 | -8.3% |
Top Suppliers of Trade Advertising Material and Commercial Catalogue to South Korea in 2022:
- China (339.8 tons)
- Japan (91.3 tons)
- Germany (87.5 tons)
- Malaysia (80.4 tons)
- Italy (73.8 tons)
- Vietnam (61.4 tons)
- United States (48.8 tons)
- United Kingdom (21.5 tons)
- France (19.1 tons)
- Thailand (14.6 tons)
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