Report Update Apr 1, 2024

Republic of Korea - Unbleached Sulphate Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in Republic of Korea

In 2022, the South Korean unbleached sulphate pulp market increased by 7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Unbleached sulphate pulp consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Unbleached Sulphate Pulp Exports

Exports from Republic of Korea

In 2022, overseas shipments of unbleached sulphate pulp decreased by -17% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2013 with an increase of 121%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, unbleached sulphate pulp exports shrank slightly to $X in 2022. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 124%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for unbleached sulphate pulp exports from South Korea, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India amounted to +1.1%.

In value terms, India ($X) also remains the key foreign market for unbleached sulphate pulp exports from South Korea.

From 2012 to 2022, the average annual growth rate of value to India stood at -4.9%.

Export Prices by Country

In 2022, the average unbleached sulphate pulp export price amounted to $X per ton, picking up by 18% against the previous year. Overall, the export price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 56%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +0.0% per year.

Unbleached Sulphate Pulp Imports

Imports into Republic of Korea

In 2022, the amount of unbleached sulphate pulp imported into South Korea fell modestly to X tons, with a decrease of -3.4% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 11%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, unbleached sulphate pulp imports rose remarkably to $X in 2022. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +61.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons), Russia (X tons) and Japan (X tons) were the main suppliers of unbleached sulphate pulp imports to South Korea, with a combined 73% share of total imports. Chile, New Zealand, France and Canada lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +863.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Russia ($X) constituted the largest unbleached sulphate pulp suppliers to South Korea, together accounting for 72% of total imports. Chile, New Zealand, France and Canada lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, France, with a CAGR of +1,134.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unbleached sulphate pulp import price stood at $X per ton in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2018 an increase of 40%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and France ($X per ton), while the price for New Zealand ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unbleached sulphate pulp in the world?

The United States remains the largest unbleached sulphate pulp consuming country worldwide, accounting for 56% of total volume. Moreover, unbleached sulphate pulp consumption in the United States exceeded the figures recorded by the second-largest consumer, Russia, sixfold. The third position in this ranking was held by China, with a 6.7% share.

What are the largest producers of unbleached sulphate pulp in the world?

The country with the largest volume of unbleached sulphate pulp production was the United States, comprising approx. 57% of total volume. Moreover, unbleached sulphate pulp production in the United States exceeded the figures recorded by the second-largest producer, Russia, fivefold. Sweden ranked third in terms of total production with a 6% share.

What are the leading suppliers of unbleached sulphate pulp to Republic of Korea?

In value terms, the United States, Japan and Russia appeared to be the largest unbleached sulphate pulp suppliers to South Korea, with a combined 72% share of total imports. Chile, New Zealand, France and Canada lagged somewhat behind, together accounting for a further 27%.

What are the leading importers of unbleached sulphate pulp from Republic of Korea?

In value terms, India remains the key foreign market for unbleached sulphate pulp exports from South Korea.

What is the average export price for unbleached sulphate pulp in Republic of Korea?

In 2022, the average unbleached sulphate pulp export price amounted to $1,295 per ton, growing by 18% against the previous year.

What is the average import price for unbleached sulphate pulp in Republic of Korea?

The average unbleached sulphate pulp import price stood at $826 per ton in 2022, surging by 14% against the previous year.

This report provides an in-depth analysis of the unbleached sulphate 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 1662 - Chemical wood pulp, sulphate, unbleached

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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