Republic of Korea - Paper Hand Towels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPaper Hand Towels Price in South Korea - 2022
Contents:
- Paper Hand Towels Price in South Korea (FOB) - 2022
- Paper Hand Towels Price in South Korea (CIF) - 2022
- Paper Hand Towels Exports in South Korea
- Paper Hand Towels Imports in South Korea
Paper Hand Towels Price in South Korea (FOB) - 2022
In 2022, the average paper hand towels export price amounted to $2,098 per ton, shrinking by -6.3% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of 13%. Over the period under review, the average export prices attained the peak figure at $3,104 per ton in 2012; however, from 2013 to 2022, 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 Japan ($4,797 per ton), while the average price for exports to India ($1,777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-0.2%), while the prices for the other major destinations experienced a decline.
Paper Hand Towels Price in South Korea (CIF) - 2022
In December 2022, the average paper hand towels import price amounted to $4,308 per ton, picking up by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2022 an increase of 16% m-o-m. The import price peaked in December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($13,287 per ton), while the price for Germany ($2,908 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 China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Paper Hand Towels Exports in South Korea
In 2022, overseas shipments of paper hand towels were finally on the rise to reach 20K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible decrease.
In value terms, paper hand towels exports reached $41M in 2022. Overall, exports, however, continue to indicate a noticeable contraction.
Export of Paper Hand Towels in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 5.6 | 9.1 | 6.9 | 8.8 | 16.3% |
Thailand | 6.8 | 5.6 | 4.0 | 5.2 | -8.6% |
Hong Kong SAR | 3.9 | 4.8 | 3.7 | 4.7 | 6.4% |
China | 6.9 | 4.4 | 2.9 | 4.4 | -13.9% |
India | 7.6 | 4.0 | 2.7 | 3.4 | -23.5% |
Malaysia | 4.3 | 3.4 | 2.6 | 3.3 | -8.4% |
United States | 1.5 | 2.1 | 1.7 | 2.8 | 23.1% |
Taiwan (Chinese) | 3.2 | 3.2 | 1.8 | 2.5 | -7.9% |
Philippines | 2.0 | 1.1 | 0.8 | 1.2 | -15.7% |
Others | 3.4 | 4.6 | 13.5 | 5.0 | 13.7% |
Total | 45.1 | 42.3 | 40.6 | 41.5 | -2.7% |
Top Export Markets for Paper Hand Towels from South Korea in 2022:
- Australia (4.1K tons)
- Thailand (2.8K tons)
- China (2.3K tons)
- Hong Kong SAR (2.2K tons)
- India (1.9K tons)
- Malaysia (1.7K tons)
- Taiwan (Chinese) (1.3K tons)
- United States (1.2K tons)
- Philippines (0.6K tons)
Paper Hand Towels Imports in South Korea
In 2022, after three years of growth, there was significant decline in overseas purchases of paper hand towels, when their volume decreased by -5.9% to 5.8K tons. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year.
In value terms, paper hand towels imports rose markedly to $19M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 52% against the previous year. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Paper Hand Towels in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.9 | 12.9 | 10.1 | 11.4 | 13.0% |
Japan | 3.0 | 3.1 | 2.6 | 2.9 | -1.1% |
China | 1.0 | 2.0 | 2.2 | 2.5 | 35.7% |
Germany | 1.2 | 2.0 | 1.2 | 1.4 | 5.3% |
Vietnam | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
Myanmar | 0.3 | 0.4 | 0.2 | 0.2 | -12.6% |
Others | 0.3 | 0.3 | 1.5 | 0.2 | -12.6% |
Total | 13.7 | 20.8 | 18.0 | 19.4 | 12.3% |
Top Suppliers of Paper Hand Towels to South Korea in 2022:
- United States (3172.3 tons)
- China (1126.0 tons)
- Germany (689.7 tons)
- Vietnam (248.5 tons)
- Myanmar (246.4 tons)
- Japan (202.0 tons)
This report provides an in-depth analysis of the paper hand towels 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 17221160 - Hand towels of paper pulp, paper, cellulose wadding or webs of cellulose fibres
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
-
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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Discover the top import markets for paper hand towels in the world. Learn about the key countries and their import values in the paper hand towel market.
Explore the top import markets for household and sanitary articles of paper, backed with data provided by the IndexBox market intelligence platform. Discover the countries driving the demand and key statistics for this thriving industry.
The U.S. (208K tons) and Germany (199K tons) represented roughly 20% of total imports of toilet paper in 2018.
In 2018, approx. 2.1M tons of toilet paper were exported worldwide; going up by 4.9% against the previous year. In value terms, toilet paper exports totaled $3.7B in 2018.
In value terms, the U.S. ($375M), Germany ($320M) and the Netherlands ($164M) were the countries with the highest levels of imports in 2018, with a combined 24% share of global imports.
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Discover the top import markets for paper hand towels in the world. Learn about the key countries and their import values in the paper hand towel market.
Explore the top import markets for household and sanitary articles of paper, backed with data provided by the IndexBox market intelligence platform. Discover the countries driving the demand and key statistics for this thriving industry.
The U.S. (208K tons) and Germany (199K tons) represented roughly 20% of total imports of toilet paper in 2018.