Republic of Korea - Chemical Wood Pulp (Sulphite, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Chemical Wood Pulp (Sulphite, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights

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Sulphite Wood Pulp Price in South Korea - 2022

Contents:

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

Sulphite Wood Pulp Price in South Korea (CIF) - 2022

The average sulphite wood pulp import price stood at $1,776 per ton in 2022, almost unchanged from the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphite wood pulp import price decreased by -0.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55%. As a result, import price reached the peak level of $1,777 per ton; afterwards, it flattened through to 2022.

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 Japan ($35,500 per ton), while the price for Australia ($437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphite Wood Pulp Price in South Korea (FOB) - 2022

In 2022, the average sulphite wood pulp export price amounted to $1,694 per ton, waning by -4.9% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphite wood pulp export price decreased by -25.4% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 24% against the previous year. The export price peaked at $2,269 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($3,893 per ton), while the average price for exports to Thailand amounted to $1,530 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.0%).

Sulphite Wood Pulp Imports in South Korea

In 2022, sulphite wood pulp imports into South Korea declined notably to 488 tons, dropping by -31.5% against the year before. In general, imports recorded a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 161% against the previous year.

In value terms, sulphite wood pulp imports declined markedly to $866K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year.

Import of Sulphite Wood Pulp in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,4603371,040718-33.7%
United States43818.530.024.7-61.7%
Russia2135.530.120.8-54.0%
Australia24022.121.712.5-62.7%
Italy16915.915.99.3-62.0%
Malaysia86.58.511.17.7-55.3%
Others62178.098.473.0-51.0%
Total4,2294851,247866-41.1%

Top Suppliers of Sulphite Wood Pulp to South Korea in 2022:

  1. Germany (388.4 tons)
  2. Russia (37.8 tons)
  3. Australia (28.6 tons)
  4. United States (13.8 tons)
  5. Italy (7.6 tons)
  6. Malaysia (5.3 tons)

Sulphite Wood Pulp Exports in South Korea

In 2022, sulphite wood pulp exports from South Korea rose to 1.3 tons, with an increase of 2.4% against the year before. The total export volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 21%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, sulphite wood pulp exports reduced modestly to $2.2K in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6% against the previous year.

Export of Sulphite Wood Pulp in South Korea (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,5501,7494911,8646.3%
Malaysia34015877.0259-8.7%
AustraliaN/AN/A1,646N/A0%
Others10921123.055.0-20.4%
Total1,9992,1182,2372,1782.9%

Top Export Markets for Sulphite Wood Pulp from South Korea in 2022:

  1. Thailand (1218.0 kg)
  2. Malaysia (67.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphite 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:

  • Prodcom 17111300 - Chemical wood pulp, sulphite, other than dissolving grades

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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