
Republic of Korea - Mechanical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRepublic of Korea: Mechanical Wood Pulp Market 2025
Mechanical Wood Pulp Market Size in Republic of Korea
The South Korean mechanical wood pulp market rose rapidly to $X in 2022, growing by 5.1% against the previous year. Over the period under review, consumption showed a deep setback. Mechanical wood pulp consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.
Mechanical Wood Pulp Production in Republic of Korea
In value terms, mechanical wood pulp production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The growth pace was the most rapid in 2020 when the production volume increased by 98%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.
Mechanical Wood Pulp Exports
Exports from Republic of Korea
For the third consecutive year, South Korea recorded decline in overseas shipments of mechanical wood pulp, which decreased by -99.7% to X kg in 2022. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 1,156%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, mechanical wood pulp exports reduced rapidly to $X in 2022. Over the period under review, exports faced a dramatic downturn. The growth pace was the most rapid in 2017 with an increase of 457%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X kg) was the main destination for mechanical wood pulp exports from South Korea, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +8.0%.
In value terms, the United States ($X) emerged as the key foreign market for mechanical wood pulp exports from South Korea.
From 2012 to 2022, the average annual growth rate of value to the United States totaled +16.7%.
Export Prices by Country
In 2022, the average mechanical wood pulp export price amounted to $X per ton, rising by 406% against the previous year. Over the period under review, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +30.2% per year.
Mechanical Wood Pulp Imports
Imports into Republic of Korea
In 2022, mechanical wood pulp imports into South Korea declined markedly to X tons, which is down by -20.4% compared with 2021. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 137% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.
In value terms, mechanical wood pulp imports contracted to $X in 2022. Overall, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 130%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, Taiwan (Chinese) (X tons) constituted the largest mechanical wood pulp supplier to South Korea, with a 89% share of total imports. Moreover, mechanical wood pulp imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 2.5% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.7% per year) and Germany (+6.1% per year).
In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of mechanical wood pulp to South Korea, comprising 94% of total imports. The second position in the ranking was taken by the United States ($X), with a 2.8% share of total imports. It was followed by Germany, with a 2% share.
From 2012 to 2022, the average annual growth rate of value from Taiwan (Chinese) totaled +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.7% per year) and Germany (+10.9% per year).
Import Prices by Country
The average mechanical wood pulp import price stood at $X per ton in 2022, rising by 14% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mechanical wood pulp 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:
- FCL 1654 - Mechanical wood pulp
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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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