Republic of Korea - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUnvulcanised Rubber Price in South Korea - 2022
Contents:
- Unvulcanised Rubber Price in South Korea (FOB) - 2022
- Unvulcanised Rubber Price in South Korea (CIF) - 2022
- Unvulcanised Rubber Exports in South Korea
- Unvulcanised Rubber Imports in South Korea
Unvulcanised Rubber Price in South Korea (FOB) - 2022
The average unvulcanised rubber export price stood at $3,448 per ton in 2022, declining by -10.1% against the previous year. In general, the export price showed a pronounced decline. The growth pace was the most rapid in 2021 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices reached the maximum at $4,757 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($8,690 per ton), while the average price for exports to Japan ($2,341 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 Poland (+0.4%), while the prices for the other major destinations experienced a decline.
Unvulcanised Rubber Price in South Korea (CIF) - 2022
The average unvulcanised rubber import price stood at $4,491 per ton in December 2022, growing by 4.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2022 when the average import price increased by 32% month-to-month. Over the period under review, average import prices hit record highs at $5,456 per ton in September 2022; however, from October 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($35,001 per ton), while the price for the UK ($3,619 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 Malaysia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Unvulcanised Rubber Exports in South Korea
After two years of decline, overseas shipments of unvulcanised rubber increased by 2% to 33K tons in 2022. In general, exports, however, recorded a noticeable shrinkage.
In value terms, unvulcanised rubber exports contracted to $115M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $126M, and then fell in the following year.
Export of Unvulcanised Rubber in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 36.5 | 29.9 | 32.7 | 29.4 | -7.0% |
Vietnam | 23.2 | 27.1 | 32.0 | 28.9 | 7.6% |
India | 9.0 | 9.4 | 10.2 | 9.2 | 0.7% |
Russia | 5.9 | 6.9 | 9.6 | 8.7 | 13.8% |
Mexico | 4.5 | 5.9 | 9.0 | 8.1 | 21.6% |
Singapore | 4.8 | 4.9 | 7.5 | 6.8 | 12.3% |
Japan | 9.3 | 5.7 | 4.8 | 5.9 | -14.1% |
Poland | 2.3 | 2.8 | 4.2 | 3.8 | 18.2% |
Philippines | 2.1 | 1.6 | 2.0 | 1.8 | -5.0% |
Others | 11.7 | 10.5 | 13.5 | 12.5 | 2.2% |
Total | 109 | 105 | 126 | 115 | 1.8% |
Top Export Markets for Unvulcanised Rubber from South Korea in 2022:
- Vietnam (10.2K tons)
- China (7.3K tons)
- India (3.0K tons)
- Russia (2.7K tons)
- Japan (2.5K tons)
- Mexico (2.4K tons)
- Poland (1.2K tons)
- Singapore (0.8K tons)
- Philippines (0.5K tons)
Unvulcanised Rubber Imports in South Korea
In 2022, overseas purchases of unvulcanised rubber were finally on the rise to reach 3.1K tons after two years of decline. Overall, imports, however, recorded a perceptible decrease.
In value terms, unvulcanised rubber imports rose to $11M in 2022. In general, imports, however, saw a pronounced setback.
Import of Unvulcanised Rubber in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 3.9 | 5.0 | 3.8 | 3.8 | -0.9% |
United States | 2.2 | 1.8 | 2.8 | 2.5 | 4.4% |
Japan | 2.6 | 2.0 | 1.9 | 2.0 | -8.4% |
Malaysia | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
China | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
Vietnam | 0.2 | 0.7 | 0.1 | 0.3 | 14.5% |
Thailand | 0.5 | 0.2 | 0.1 | 0.2 | -26.3% |
Others | 1.2 | 0.9 | 1.0 | 1.3 | 2.7% |
Total | 11.7 | 11.2 | 10.6 | 10.9 | -2.3% |
Top Suppliers of Unvulcanised Rubber to South Korea in 2022:
- United Kingdom (1036.5 tons)
- United States (707.8 tons)
- Japan (605.2 tons)
- Malaysia (226.9 tons)
- Thailand (176.0 tons)
- Vietnam (144.1 tons)
- China (47.2 tons)
This report provides an in-depth analysis of the unvulcanised rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the unvulcanised rubber market in Republic of Korea.
This report provides an in-depth analysis of the unvulcanized rubber market in Republic of Korea.
This report provides an in-depth analysis of the global unvulcanised rubber market.
This report provides an in-depth analysis of the global unvulcanized rubber market.
This report provides an in-depth analysis of the unvulcanised rubber market in Republic of Korea.
This report provides an in-depth analysis of the unvulcanized rubber market in Republic of Korea.
This report provides an in-depth analysis of the global unvulcanised rubber market.
This report provides an in-depth analysis of the global unvulcanized rubber market.
Explore the top import markets for unvulcanised rubber in 2023. Discover the leading countries driving the global demand for this crucial material.
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
EU unvulcanized rubber production showed mixed dynamics from 2007 to 2014, eventually falling from X thousand tons in 2007 to X thousand tons in 2014. It dropped with a CAGR of X% over the period under review. In value terms, EU rubber pr
Germany held off a hard charging Thailand in the global unvulcanized rubber trade. In 2014, Germany exported X kt of unvulcanized rubber totaling $X, X% under the previous year. Its primary trading partner was France, where it supplied X%
Explore the top import markets for unvulcanised rubber in 2023. Discover the leading countries driving the global demand for this crucial material.
Discover the top 10 import markets for unvulcanized rubber in the world. Learn about the key countries driving the demand for raw rubber.
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....
Global unvulcanized rubber imports stood at X tons in 2016, dropping by -X% against the previous year figure. In general, unvulcanized rubber imports continue to indicate a moderate shrinkage....