Republic of Korea - Semi-Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Republic of Korea - Semi-Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Semi-Chemical Wood Pulp Price in South Korea - 2022

Contents:

  1. Semi-Chemical Wood Pulp Price in South Korea (CIF) - 2022
  2. Semi-Chemical Wood Pulp Price in South Korea (FOB) - 2022
  3. Semi-Chemical Wood Pulp Imports in South Korea
  4. Semi-Chemical Wood Pulp Exports in South Korea

Semi-Chemical Wood Pulp Price in South Korea (CIF) - 2022

The average semi-chemical wood pulp import price stood at $772 per ton in December 2022, remaining stable against the previous month. Over the period under review, import price indicated a notable expansion from December 2021 to December 2022: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, semi-chemical wood pulp import price decreased by -1.3% against November 2022 indices. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 11% m-o-m. The import price peaked at $782 per ton in November 2022, and then declined slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,441 per ton), while the price for Canada amounted to $760 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Semi-Chemical Wood Pulp Price in South Korea (FOB) - 2022

The average semi-chemical wood pulp export price stood at $444 per ton in 2022, growing by 2.2% against the previous year. Overall, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, the export price attained the peak level of $1,500 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($1,096 per ton), while the average price for exports to China ($271 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 Vietnam (+8.1%), while the prices for the other major destinations experienced a decline.

Semi-Chemical Wood Pulp Imports in South Korea

In 2022, the amount of semi-chemical wood pulp imported into South Korea reduced to 252K tons, dropping by -10.6% compared with 2021. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.

In value terms, semi-chemical wood pulp imports stood at $174M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Semi-Chemical Wood Pulp in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1501011401622.6%
Russia13.08.918.07.4-17.1%
Others6.44.13.14.7-9.8%
Total1701141611740.8%

Top Suppliers of Semi-Chemical Wood Pulp to South Korea in 2022:

  1. Canada (234.9K tons)
  2. Russia (11.8K tons)

Semi-Chemical Wood Pulp Exports in South Korea

In 2022, approx. 1.2K tons of semi-chemical wood pulp were exported from South Korea; which is down by -6.7% compared with the year before. In general, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 10%.

In value terms, semi-chemical wood pulp exports shrank slightly to $549K in 2022. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year.

Export of Semi-Chemical Wood Pulp in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,116430184385-29.9%
Egypt21074.5202151-10.4%
China26.518.64.910.9-25.6%
Others5.1N/A1852.2-24.4%
Total1,358523576549-26.1%

Top Export Markets for Semi-Chemical Wood Pulp from South Korea in 2022:

  1. Vietnam (1054.2 tons)
  2. Egypt (137.8 tons)
  3. China (40.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the semi-chemical wood pulp market 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:

  • FCL 1655 - Semi-chemical wood pulp

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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