Republic of Korea: Market for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls 2025

Market Size for Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls in Republic of Korea

After two years of decline, the South Korean market for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls increased by 4.5% to $X in 2021. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight X-150 g/m2 in Rolls in Republic of Korea

In value terms, production of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 16% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls

Exports from Republic of Korea

In 2021, shipments abroad of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls increased by 33% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by 302% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls surged to $X in 2021. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 317% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls from South Korea, with a 55% share of total exports. Moreover, exports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls to China exceeded the volume sent to the second major destination, the Philippines (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +42.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+143.8% per year) and Turkey (+59.3% per year).

In value terms, China ($X) remains the key foreign market for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls exports from South Korea, comprising 54% of total exports. The second position in the ranking was held by the Philippines ($X), with a 16% share of total exports. It was followed by Turkey, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+117.6% per year) and Turkey (+63.9% per year).

Export Prices by Country

In 2021, the average export price for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls amounted to $X per ton, picking up by 6.7% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The growth pace was the most rapid in 2018 an increase of 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Indonesia ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to Jordan ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Graphic Paper with Mechanical Fibre Content Under 10% and of Weight 40-150 g/m2 in Rolls

Imports into Republic of Korea

In 2021, imports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls into South Korea amounted to X tons, increasing by 7.8% on 2020. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 73% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls soared to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +32.0% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 53% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

China (X tons), Japan (X tons) and Indonesia (X tons) were the main suppliers of imports of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls to South Korea, with a combined 75% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +29.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls to South Korea, comprising 45% of total imports. The second position in the ranking was taken by Japan ($X), with an 18% share of total imports. It was followed by Indonesia, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +35.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+16.0% per year) and Indonesia (+12.9% per year).

Import Prices by Country

In 2021, the average import price for graphic paper with mechanical fibre content under 10% and of weight X-150 g/m2 in rolls amounted to $X per ton, picking up by 17% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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