Price for Printed Matter of Other Kinds in South Korea - 2022
Contents:
- Price for Printed Matter of Other Kinds in South Korea (CIF) - 2022
- Price for Printed Matter of Other Kinds in South Korea (FOB) - 2022
- Imports of Printed Matter of Other Kinds in South Korea
- Exports of Printed Matter of Other Kinds in South Korea
Price for Printed Matter of Other Kinds in South Korea (CIF) - 2022
The average import price for printed matter of other kindses stood at $28,615 per ton in December 2022, flattening at the previous month. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in July 2022 an increase of 236% m-o-m. As a result, import price reached the peak level of $82,832 per ton. From August 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($190K per ton), while the price for Vietnam ($7,511 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printed Matter of Other Kinds in South Korea (FOB) - 2022
In 2022, the average export price for printed matter of other kindses amounted to $18,222 per ton, surging by 21% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($32,581 per ton), while the average price for exports to Vietnam ($3,949 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 Japan (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Printed Matter of Other Kinds in South Korea
After three years of growth, purchases abroad of printed matter of other kindses decreased by -14.1% to 1.7K tons in 2022. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of 2K tons, and then declined in the following year.
In value terms, printed matter of other kinds imports fell rapidly to $57M 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 +8.3% 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 +46.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of $67M, and then reduced notably in the following year.
| Import of Printed Matter of Other Kinds in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.1 | 7.0 | 19.6 | 11.9 | 13.7% |
| China | 7.5 | 7.5 | 10.5 | 10.6 | 12.2% |
| Japan | 9.0 | 2.6 | 4.4 | 6.9 | -8.5% |
| Singapore | 1.2 | 1.8 | 2.7 | 2.5 | 27.7% |
| Ireland | 3.4 | 3.5 | 3.4 | 2.0 | -16.2% |
| Italy | 0.6 | 0.5 | 0.5 | 0.9 | 14.5% |
| Switzerland | 0.7 | 0.6 | 0.5 | 0.7 | 0.0% |
| Vietnam | 0.1 | 0.4 | 0.2 | 0.4 | 58.7% |
| Taiwan (Chinese) | 0.7 | 0.7 | 0.1 | 0.1 | -47.7% |
| Others | 13.3 | 14.1 | 24.9 | 20.7 | 15.9% |
| Total | 44.6 | 38.8 | 66.7 | 56.6 | 8.3% |
Top Suppliers of Printed Matter; N.E.S. in Heading No. 4911 to South Korea in 2022:
- China (1290.0 tons)
- United States (99.4 tons)
- Japan (78.0 tons)
- Ireland (68.8 tons)
- Vietnam (57.5 tons)
- Italy (32.6 tons)
- Switzerland (30.0 tons)
- Singapore (28.4 tons)
- Taiwan (Chinese) (3.5 tons)
Exports of Printed Matter of Other Kinds in South Korea
Printed matter of other kinds exports from South Korea shrank rapidly to 2.3K tons in 2022, which is down by -20.7% compared with 2021. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 0.6%.
In value terms, printed matter of other kinds exports declined modestly to $41M in 2022. Over the period under review, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 when exports increased by 7.4% against the previous year.
| Export of Printed Matter of Other Kinds in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 25.4 | 22.2 | 10.1 | 13.9 | -18.2% |
| United States | 7.5 | 9.4 | 11.7 | 12.6 | 18.9% |
| China | 3.2 | 0.8 | 11.9 | 5.6 | 20.5% |
| Vietnam | 1.1 | 4.8 | 1.1 | 1.1 | 0.0% |
| Philippines | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
| Mexico | 0.6 | 0.1 | N/A | 0.8 | 10.1% |
| United Kingdom | 0.3 | N/A | 0.1 | 0.6 | 26.0% |
| Thailand | 0.4 | 0.2 | 3.0 | 0.5 | 7.7% |
| Haiti | 1.2 | 0.6 | 0.2 | N/A | -59.2% |
| Others | 3.7 | 1.9 | 4.9 | 5.3 | 12.7% |
| Total | 43.6 | 40.1 | 43.0 | 41.4 | -1.7% |
Top Export Markets for Printed Matter; N.E.S. in Heading No. 4911 from South Korea in 2022:
- United States (1120.5 tons)
- China (564.9 tons)
- Japan (426.3 tons)
- Vietnam (289.8 tons)
- Mexico (138.6 tons)
- United Kingdom (85.7 tons)
- Philippines (69.0 tons)
- Thailand (32.4 tons)
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