Report Update Nov 1, 2024

Republic of Korea - Recovered Fiber Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Recovered Fibre Pulp Market 2024

Recovered Fibre Pulp Market Size in Republic of Korea

In 2022, the South Korean recovered fibre pulp market increased by 5.8% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a noticeable descent. Recovered fibre pulp consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Recovered Fibre Pulp Production in Republic of Korea

In value terms, recovered fibre pulp production declined to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Recovered Fibre Pulp Exports

Exports from Republic of Korea

In 2022, shipments abroad of recovered fibre pulp decreased by -74.1% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 3,718%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, recovered fibre pulp exports dropped notably to $X in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2018 when exports increased by 1,135%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for recovered fibre pulp exports from South Korea, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled +91.3%.

In value terms, China ($X) also remains the key foreign market for recovered fibre pulp exports from South Korea.

From 2012 to 2022, the average annual growth rate of value to China totaled +104.9%.

Export Prices by Country

The average recovered fibre pulp export price stood at $X per ton in 2022, shrinking by -2.6% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 254% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.1% per year.

Recovered Fibre Pulp Imports

Imports into Republic of Korea

In 2022, imports of recovered fibre pulp into South Korea rose rapidly to X tons, with an increase of 14% compared with 2021 figures. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by 117%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, recovered fibre pulp imports skyrocketed to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 152%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of recovered fibre pulp to South Korea, accounting for a 67% share of total imports. Moreover, recovered fibre pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+41.1% per year) and Germany (+16.9% per year).

In value terms, the United States ($X) constituted the largest supplier of recovered fibre pulp to South Korea, comprising 71% of total imports. The second position in the ranking was taken by Japan ($X), with a 17% share of total imports. It was followed by Germany, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+27.8% per year) and Germany (+21.1% per year).

Import Prices by Country

In 2022, the average recovered fibre pulp import price amounted to $X per ton, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($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 (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for recovered fibre pulp in the world?

The countries with the highest volumes of recovered fibre pulp consumption in 2021 were Taiwan Chinese), Lao People's Democratic Republic and Germany, with a combined 70% share of global consumption.

What are the largest producers of recovered fibre pulp in the world?

The countries with the highest volumes of recovered fibre pulp production in 2021 were the United States, Taiwan Chinese) and Lao People's Democratic Republic, together comprising 57% of global production. These countries were followed by Malaysia, Germany, Thailand and Switzerland, which together accounted for a further 29%.

What are the leading suppliers of recovered fibre pulp to Republic of Korea?

In value terms, Canada, the United States and China appeared to be the largest recovered fibre pulp suppliers to South Korea, with a combined 85% share of total imports.

What is the average export price for recovered fibre pulp in Republic of Korea?

The average recovered fibre pulp export price stood at $315 per ton in 2021, approximately equating the previous year.

What is the average import price for recovered fibre pulp in Republic of Korea?

The average recovered fibre pulp import price stood at $938 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the recovered fibre 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 1609 - Recovered fibre 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023