Republic of Korea: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets 2024

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets in Republic of Korea

The South Korean market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets fell dramatically to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a strong expansion. Over the period under review, the market hit record highs at $X in 2021, and then shrank dramatically in the following year.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Exports from Republic of Korea

In 2022, overseas shipments of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets surged to $X in 2022. Overall, exports, however, recorded a mild decrease. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets from South Korea, with a X% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets to the United States exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold. The third position in this ranking was held by Egypt (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Egypt (X% per year).

In value terms, the United States ($X) remains the key foreign market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets exports from South Korea, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the average export price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Lebanon ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Sheets

Imports into Republic of Korea

In 2022, approx. X tons of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets were imported into South Korea; waning by X% on 2021. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets totaled $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest supplier of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets to South Korea, accounting for a X% share of total imports. Moreover, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets to South Korea, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average import price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 in sheets amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and China ($X per ton), while the price for Brazil ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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