Republic of Korea - Folding Cartons, Boxes And Cases Of Non-Corrugated Paper Or Paperboard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Corrugated Paper Box Price in South Korea - 2022
Contents:
- Non-Corrugated Paper Box Price in South Korea (CIF) - 2022
- Non-Corrugated Paper Box Price in South Korea (FOB) - 2022
- Non-Corrugated Paper Box Imports in South Korea
- Non-Corrugated Paper Box Exports in South Korea
Non-Corrugated Paper Box Price in South Korea (CIF) - 2022
The average non-corrugated paper box import price stood at $6,333 per ton in 2022, rising by 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($6,764 per ton), while the price for Denmark ($3,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Corrugated Paper Box Price in South Korea (FOB) - 2022
The average non-corrugated paper box export price stood at $4,624 per ton in December 2022, shrinking by -1.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 40% month-to-month. Over the period under review, the average export prices reached the peak figure at $4,963 per ton in July 2022; however, from August 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,416 per ton), while the average price for exports to China ($1,326 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Corrugated Paper Box Imports in South Korea
In 2022, the amount of folding cartons, boxes and cases of non-corrugated paper or paperboard imported into South Korea reduced to 13K tons, shrinking by -3.4% on the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +50.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of 13K tons, and then reduced in the following year.
In value terms, non-corrugated paper box imports amounted to $79M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +64.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Non-Corrugated Paper Box in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.0 | 31.7 | 50.3 | 49.0 | 10.8% |
| Vietnam | 7.7 | 7.2 | 16.2 | 16.9 | 30.0% |
| Japan | 1.5 | 1.3 | 1.4 | 1.5 | 0.0% |
| Denmark | 0.3 | 0.5 | 1.6 | 1.4 | 67.1% |
| Philippines | 1.8 | 1.0 | N/A | 0.4 | -39.4% |
| Others | 7.7 | 6.3 | 9.3 | 10.0 | 9.1% |
| Total | 55.0 | 48.1 | 78.9 | 79.3 | 13.0% |
Top Suppliers of Non-Corrugated Paper Box to South Korea in 2022:
- China (7.9K tons)
- Vietnam (3.2K tons)
- Denmark (0.3K tons)
- Japan (0.2K tons)
- Philippines (0.1K tons)
Non-Corrugated Paper Box Exports in South Korea
For the third consecutive year, South Korea recorded decline in overseas shipments of folding cartons, boxes and cases of non-corrugated paper or paperboard, which decreased by -10.5% to 11K tons in 2022. Overall, exports saw a deep contraction. The smallest decline of -9% was in 2021.
In value terms, non-corrugated paper box exports fell to $48M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of $52M, and then declined in the following year.
| Export of Non-Corrugated Paper Box in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.9 | 7.3 | 10.1 | 12.1 | 27.1% |
| Indonesia | 2.1 | 4.5 | 7.6 | 11.0 | 73.7% |
| United States | 7.2 | 8.7 | 11.8 | 9.3 | 8.9% |
| Vietnam | 2.4 | 2.2 | 4.5 | 3.9 | 17.6% |
| Japan | 8.1 | 8.5 | 7.5 | 2.4 | -33.3% |
| China | 10.8 | 4.7 | 2.7 | 1.7 | -46.0% |
| Taiwan (Chinese) | 1.8 | 1.5 | 1.3 | 1.6 | -3.9% |
| Australia | 0.4 | 0.4 | 0.5 | 1.1 | 40.1% |
| Canada | 1.4 | 1.1 | 1.1 | 1.0 | -10.6% |
| Singapore | 1.1 | 0.8 | 1.2 | 0.9 | -6.5% |
| Malaysia | 0.7 | 0.7 | 0.8 | 0.8 | 4.6% |
| Others | 6.5 | 6.1 | 3.1 | 2.1 | -31.4% |
| Total | 48.5 | 46.4 | 52.1 | 48.0 | -0.3% |
Top Export Markets for Non-Corrugated Paper Box from South Korea in 2022:
- Russia (2674.9 tons)
- United States (2325.1 tons)
- Indonesia (1767.5 tons)
- Vietnam (1259.3 tons)
- Canada (718.5 tons)
- China (471.5 tons)
- Japan (447.8 tons)
- Malaysia (309.6 tons)
- Australia (301.6 tons)
- Singapore (292.8 tons)
- Taiwan (Chinese) (252.1 tons)
This report provides an in-depth analysis of the non-corrugated paper box 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:
- Prodcom 17211400 - Folding cartons, boxes and cases of non-corrugated paper or paperboard
Country coverage:
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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