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

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

The South Korean market for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 declined to $X in 2022, waning by X% against the previous year. In general, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Graphic Paper with Mechanical Fibre Content Under X% and of Weight X-150 g/m2 in Republic of Korea

In value terms, production of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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

Exports from Republic of Korea

In 2022, shipments abroad of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded 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 surged to $X in 2022. Over the period under review, exports enjoyed slight growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports of reached the peak figure 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), Turkey (X tons) and the Philippines (X tons) were the main destinations of exports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 from South Korea, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value 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 Indonesia (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 amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Taiwan (Chinese) ($X 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 Indonesia (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

Imports into Republic of Korea

Imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 into South Korea declined to X tons in 2022, waning by X% on the year before. Over the period under review, total imports indicated a remarkable increase 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 pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked 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 totaled $X in 2022. Overall, total imports indicated a remarkable increase 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 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a 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 to South Korea, with a X% share of total imports. Moreover, imports of graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume 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).

In value terms, the largest graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 suppliers to South Korea were Indonesia ($X), China ($X) and Japan ($X), together accounting for X% of total imports.

Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for graphic paper with mechanical fibre content under X% and of weight X-150 g/m2 stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Japan ($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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