Latest Report Update: Jan 17, 2020

Republic of Korea - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights

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Republic of Korea: Ethylene Polymer Bag Market Overview 2020

Ethylene Polymer Bag Market Size in Republic of Korea

The revenue of the ethylene polymer bag market in South Korea amounted to $X in 2018, waning by -X% against the previous year. Overall, ethylene polymer bag consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the ethylene polymer bag market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Ethylene Polymer Bag Production in Republic of Korea

In value terms, ethylene polymer bag production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ethylene polymer bag production decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. In that year, ethylene polymer bag production attained its peak level of $X. From 2015 to 2018, ethylene polymer bag production growth failed to regain its momentum.

Ethylene Polymer Bag Exports

Exports from Republic of Korea

In 2018, the exports of sacks and bags of polymers of ethylene from South Korea totaled X tonnes, jumping by X% against the previous year. Over the period under review, the total exports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ethylene polymer bag exports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, ethylene polymer bag exports totaled $X in 2018. In general, ethylene polymer bag exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

The U.S. (X tonnes) was the main destination for ethylene polymer bag exports from South Korea, with a X% share of total exports. Moreover, ethylene polymer bag exports to the U.S. exceeded the volume sent to the second major destination, Canada (X tonnes), fourfold. Viet Nam (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Viet Nam (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for ethylene polymer bag exports from South Korea, comprising X% of total ethylene polymer bag exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and China (+X% per year).

Export Prices by Country

In 2018, the average ethylene polymer bag export price amounted to $X per tonne, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, the average export prices for sacks and bags of polymers of ethylene reached their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports into Republic of Korea

In 2018, the ethylene polymer bag imports into South Korea totaled X tonnes, increasing by X% against the previous year. Overall, ethylene polymer bag imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, ethylene polymer bag imports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, ethylene polymer bag imports stood at $X in 2018. In general, ethylene polymer bag imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, ethylene polymer bag imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (X tonnes) constituted the largest ethylene polymer bag supplier to South Korea, with a X% share of total imports. Moreover, ethylene polymer bag imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), twofold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (-X% per year) and the U.S. (-X% per year).

In value terms, China ($X) constituted the largest supplier of ethylene polymer bag to South Korea, comprising X% of total ethylene polymer bag imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Viet Nam (+X% per year).

Import Prices by Country

The average ethylene polymer bag import price stood at $X per tonne in 2018, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for sacks and bags of polymers of ethylene reached their maximum in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Japan ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)

This report provides an in-depth analysis of the ethylene polymer bag 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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