Republic of Korea - Recovered Fiber Pulp - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRecovered Fibre Pulp Price in South Korea - 2022
Contents:
- Recovered Fibre Pulp Price in South Korea (FOB) - 2022
- Recovered Fibre Pulp Price in South Korea (CIF) - 2022
- Recovered Fibre Pulp Exports in South Korea
- Recovered Fibre Pulp Imports in South Korea
Recovered Fibre Pulp Price in South Korea (FOB) - 2022
In December 2022, the average recovered fibre pulp export price amounted to $326 per ton, which is down by -12.5% against the previous month. Over the period under review, the export price recorded a perceptible setback. The growth pace was the most rapid in August 2022 an increase of 327% m-o-m. The export price peaked at $1,735 per ton in January 2022; however, from February 2022 to December 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -1.2% per month.
Recovered Fibre Pulp Price in South Korea (CIF) - 2022
The average recovered fibre pulp import price stood at $1,040 per ton in December 2022, with an increase of 25% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in August 2022 when the average import price increased by 35% month-to-month. The import price peaked at $1,058 per ton in October 2022; however, from November 2022 to December 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,262 per ton), while the price for Japan ($783 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Recovered Fibre Pulp Exports in South Korea
In 2022, overseas shipments of recovered fibre pulp decreased by -74.1% to 4.7K tons, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 449% against the previous year. As a result, the exports reached the peak of 144K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, recovered fibre pulp exports fell sharply to $1.7M in 2022. In general, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 397%. As a result, the exports reached the peak of $42M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Recovered Fibre Pulp in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.1 | 41.4 | 6.5 | 1.6 | -41.8% |
Others | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
Total | 8.4 | 41.6 | 6.8 | 1.7 | -41.3% |
Top Export Markets for Recovered Fibre Pulp from South Korea in 2022:
- China (4.6K tons)
Recovered Fibre Pulp Imports in South Korea
Recovered fibre pulp imports into South Korea rose notably to 8.3K tons in 2022, with an increase of 14% on the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, recovered fibre pulp imports soared to $7.6M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Recovered Fibre Pulp in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.7 | 2.3 | 3.4 | 5.5 | 26.8% |
Japan | 0.2 | 0.3 | 0.6 | 1.3 | 86.6% |
Germany | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
China | 0.7 | 1.4 | 0.1 | 0.3 | -24.6% |
Malaysia | N/A | N/A | 0.2 | 0.2 | 0.0% |
France | 0.5 | 1.9 | 1.2 | N/A | 54.9% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 4.5 | 6.3 | 6.1 | 7.6 | 19.1% |
Top Suppliers of Recovered Fibre Pulp to South Korea in 2022:
- France (undefinedK tons)
- United States (5.5K tons)
- Japan (1.8K tons)
- Germany (0.5K tons)
- Malaysia (0.3K tons)
- China (0.1K tons)
This report provides an in-depth analysis of the recovered fibre 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 1609 - Recovered fibre pulp
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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