Republic of Korea: Newsprint Market 2020

Newsprint Market Size in Republic of Korea

The revenue of the newsprint market in South Korea amounted to $X in 2017, surging by X% against the previous year. Overall, newsprint consumption continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. Over the period under review, the newsprint market attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Newsprint Production in Republic of Korea

In 2017, approx. X tons of newsprint were produced in South Korea; reducing by -X% against the previous year. Overall, newsprint production continues to indicate a mild deduction. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the newsprint production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Newsprint Exports from Republic of Korea

In 2017, the amount of newsprint exported from South Korea amounted to X tons, lowering by -X% against the previous year. Overall, newsprint exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, when exports increased by X% against the previous year. The exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, newsprint exports amounted to $X in 2017. Overall, newsprint exports continue to indicate a slight setback. Over the period under review, the newsprint exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Newsprint Exports by Country from Republic of Korea

India (X tons), China (X tons) and Taiwan, Chinese (X tons) were the main destinations of newsprint exports from South Korea, with a combined X% share of total exports. China, Hong Kong SAR, the Philippines, Bangladesh, Australia, Singapore, Thailand, Nepal, Iran and Malaysia lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Taiwan, Chinese ($X) appeared to be the largest markets for newsprint exported from South Korea worldwide, together accounting for X% of total exports. These countries were followed by China, Hong Kong SAR, the Philippines, Bangladesh, Australia, Nepal, Singapore, Thailand, Iran and Malaysia, which together accounted for a further X%.

Malaysia (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Newsprint Export Prices by Country in Republic of Korea

In 2017, the average newsprint export price amounted to $X per ton, leveling off at the previous year. Overall, newsprint export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the average export prices increased by X% y-o-y. In that year, the average export prices for newsprint reached their peak level of $X per ton. From 2009 to 2017, growth of the average export prices for newsprint stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Nepal ($X per ton), while average price for exports to China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Nepal (+X% per year), the export prices for other major destinations experienced mixed trend patterns.

Newsprint Imports into Republic of Korea

In 2017, the amount of newsprint imported into South Korea stood at X tons, reducing by -X% against the previous year. In general, newsprint imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2010, when it surged by -X% year-to-year. The imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, newsprint imports amounted to $X in 2017. Overall, newsprint imports continue to indicate an abrupt decrease. The imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Newsprint Imports by Country into Republic of Korea

Singapore (X tons), the Philippines (X tons) and Canada (X tons) were the main suppliers of newsprint imports to South Korea.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Canada (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constituted the largest supplier of newsprint to South Korea, making up X% of total newsprint imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2007 to 2017, the average annual growth rate of value from the Philippines amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Canada (+X% per year).

Newsprint Import Prices by Country in Republic of Korea

In 2017, the average newsprint import price amounted to $X per ton, coming up by X% against the previous year. In general, newsprint import price continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. In that year, the average import prices for newsprint attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per ton), while prices for newsprint imports from France ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform