Republic of Korea - Wood Residues - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Wood Residues Market 2024
Wood Residues Market Size in Republic of Korea
The South Korean wood residues market rose significantly to $X in 2020, growing by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.
Wood Residues Production in Republic of Korea
In value terms, wood residues production dropped to $X in 2020 estimated in export price. In general, production showed a significant curtailment. The growth pace was the most rapid in 2015 when the production volume increased by X%. Wood residues production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.
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Wood Residues Exports
Exports from Republic of Korea
In 2020, approx. X cubic meters of wood residues were exported from South Korea; growing by X% on 2019. Overall, total exports indicated strong growth from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.
In value terms, wood residues exports rose slightly to $X in 2020. Over the period under review, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
Germany (X cubic meters), Ukraine (X cubic meters) and Poland (X cubic meters) were the main destinations of wood residues exports from South Korea, with a combined X% share of total exports.
From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for wood residues exported from South Korea were Germany ($X), Belgium ($X) and Ukraine ($X), together accounting for X% of total exports. Canada, Austria, Spain, Poland, France, Norway, Ireland, the Czech Republic, Croatia and Belarus lagged somewhat behind, together accounting for a further X%.
Among the main countries of destination, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average wood residues export price stood at $X per cubic meter in 2020, reducing by X% against the previous year. Overall, the export price faced a deep downturn. The pace of growth was the most pronounced in 2014 an increase of X%. The export price peaked at $X per cubic meter in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Croatia ($X per cubic meter) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced a decline.
Wood Residues Imports
Imports into Republic of Korea
In 2020, supplies from abroad of wood residues decreased by X% to X cubic meters, falling for the fourth consecutive year after two years of growth. Overall, total imports indicated a prominent increase from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2016; however, from 2017 to 2020, imports failed to regain momentum.
In value terms, wood residues imports soared to $X in 2020. Over the period under review, imports, however, recorded resilient growth. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the immediate term.
Imports by Country
France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to South Korea, together comprising X% of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the United States, Slovakia and Lithuania lagged somewhat behind, together comprising a further X%.
From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, France ($X), Austria ($X) and Germany ($X) were the largest wood residues suppliers to South Korea, with a combined X% share of total imports. Belgium, the United States, Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.
Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 wood residues import price stood at $X per cubic meter in 2020, picking up by X% against the previous year. In general, import price indicated strong growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, wood residues import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood residues 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 1620 - Wood residues
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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