Price for Paper; Tracing Papers, in Rolls or Sheets in South Korea - 2022

Contents:

  1. Price for Paper; Tracing Papers, in Rolls or Sheets in South Korea (CIF) - 2022
  2. Price for Paper; Tracing Papers, in Rolls or Sheets in South Korea (FOB) - 2022
  3. Imports of Paper; Tracing Papers, in Rolls or Sheets in South Korea
  4. Exports of Paper; Tracing Papers, in Rolls or Sheets in South Korea

Price for Paper; Tracing Papers, in Rolls or Sheets in South Korea (CIF) - 2022

The average import price for paper; tracing papers, in rolls or sheetses stood at $2,912 per ton in December 2022, waning by -30.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 537% m-o-m. As a result, import price attained the peak level of $19,593 per ton. From September 2022 to December 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2022 to December 2022, the rate of growth in terms of prices for China amounted to -0.8% per month.

Price for Paper; Tracing Papers, in Rolls or Sheets in South Korea (FOB) - 2022

In 2022, the average export price for paper; tracing papers, in rolls or sheetses amounted to $6,731 per ton, with an increase of 50% against the previous year. In general, the export price showed a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by 123% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($32,924 per ton), while the average price for exports to Thailand ($2,652 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 Saudi Arabia (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper; Tracing Papers, in Rolls or Sheets in South Korea

Imports of paper; tracing papers, in rolls or sheetses into South Korea rose markedly to 1.3K tons in 2022, surging by 5.5% against the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports attained the peak of 1.3K tons; afterwards, it flattened through to 2022.

In value terms, imports of paper; tracing papers, in rolls or sheetses expanded rapidly to $4M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Paper; Tracing Papers, in Rolls or Sheets in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.82.01.81.91.8%
Others1.82.01.92.15.3%
Total3.64.03.74.03.6%

Top Suppliers of Paper; Tracing Papers, in Rolls or Sheets to South Korea in 2022:

  1. China (647.0 tons)

Exports of Paper; Tracing Papers, in Rolls or Sheets in South Korea

In 2022, the amount of paper; tracing papers, in rolls or sheetses exported from South Korea shrank to 6 tons, waning by -7.8% on 2021 figures. Over the period under review, exports recorded a dramatic descent. The smallest decline of -3.5% was in 2020.

In value terms, exports of paper; tracing papers, in rolls or sheetses surged to $41K in 2022. In general, exports showed a abrupt setback.

Export of Paper; Tracing Papers, in Rolls or Sheets in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar38.337.920.924.3-14.1%
Egypt5.33.61.18.215.7%
Mongolia0.40.40.21.035.7%
Thailand7.02.10.90.7-53.6%
Others11.015.06.36.4-16.5%
Total61.959.129.340.6-13.1%

Top Export Markets for Paper; Tracing Papers, in Rolls or Sheets from South Korea in 2022:

  1. Qatar (5.3 tons)
  2. Thailand (0.3 tons)
  3. Egypt (0.2 tons)
  4. Mongolia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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