Pulp; of Bamboo Price in South Korea - 2022

Contents:

1. Pulp; of Bamboo Price in South Korea (CIF) - 2022
2. Pulp; of Bamboo Price in South Korea (FOB) - 2022
3. Pulp; of Bamboo Imports in South Korea
4. Pulp; of Bamboo Exports in South Korea

Pulp; of Bamboo Price in South Korea (CIF) - 2022

The average pulp; of bamboo import price stood at $2,257 per ton in 2022, surging by 186% against the previous year. Over the period under review, the import price showed a prominent expansion. The growth pace was the most rapid in 2015 an increase of 269% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,519 per ton), while the price for China stood at $1,562 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+198.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Pulp; of Bamboo Price in South Korea (FOB) - 2022

In 2022, the average pulp; of bamboo export price amounted to $21,164 per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2020 a decrease of -41.4%. Over the period under review, the average export prices hit record highs at $67,055 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Japan ($22,586 per ton), while the average price for exports to Saudi Arabia ($1,800 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.0%).

Pulp; of Bamboo Imports in South Korea

In 2022, purchases abroad of pulp; of bambooes decreased by -91.2% to 51 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 237% against the previous year. As a result, imports reached the peak of 574 tons, and then reduced remarkably in the following year.

In value terms, pulp; of bamboo imports declined markedly to $114K in 2022. Over the period under review, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 89%. As a result, imports attained the peak of $453K, and then reduced sharply in the following year.

Top Suppliers of Pulp; of Bamboo to South Korea in 2022:

1. China (47.0 tons)
2. Germany (3.5 tons)

Pulp; of Bamboo Exports in South Korea

In 2022, pulp; of bamboo exports from South Korea stood at 140 kg, almost unchanged from the previous year's figure. Over the period under review, exports faced a significant curtailment. The smallest decline of -64.9% was in 2020.

In value terms, pulp; of bamboo exports stood at $3K in 2022. In general, exports saw a deep reduction. The smallest decline of -79.5% was in 2020.

Top Export Markets for Pulp; of Bamboo from South Korea in 2022:

1. Japan (70.0 kg)
2. Thailand (64.0 kg)
3. Saudi Arabia (5.0 kg)
4. China (1.0 kg)

Source: IndexBox Market Intelligence Platform