Republic of Korea: Plastic Self-Adhesive Plate Market 2025

Plastic Self-Adhesive Plate Market Size in Republic of Korea

In 2022, the South Korean plastic self-adhesive plate market increased by 6.2% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Plastic self-adhesive plate consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Plastic Self-Adhesive Plate Production in Republic of Korea

In value terms, plastic self-adhesive plate production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 28%. Plastic self-adhesive plate production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports from Republic of Korea

Plastic self-adhesive plate exports from South Korea fell to X tons in 2022, declining by -10.8% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 6.6%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, plastic self-adhesive plate exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 28% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Vietnam (X tons) and Japan (X tons) were the main destinations of plastic self-adhesive plate exports from South Korea, with a combined 49% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +18.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and the United States ($X) constituted the largest markets for plastic self-adhesive plate exported from South Korea worldwide, together accounting for 62% of total exports.

Vietnam, with a CAGR of +17.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic self-adhesive plate export price stood at $X per ton in 2022, increasing by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Germany ($X 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 the United States (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports into Republic of Korea

In 2022, supplies from abroad of plastic self-adhesive plates, sheets and other flat shapes increased by 13% to X tons, rising for the third consecutive year after two years of decline. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 14%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, plastic self-adhesive plate imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic self-adhesive plate to South Korea, with a 71% share of total imports. Moreover, plastic self-adhesive plate imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), sixfold. The third position in this ranking was held by the United States (X tons), with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-4.3% per year) and the United States (-3.9% per year).

In value terms, Japan ($X), China ($X) and the United States ($X) were the largest plastic self-adhesive plate suppliers to South Korea, together accounting for 81% of total imports. Vietnam, Germany, Taiwan (Chinese), France and Malaysia lagged somewhat behind, together accounting for a further 14%.

Vietnam, with a CAGR of +55.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic self-adhesive plate import price amounted to $X per ton, waning by -12% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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