Report Republic of Korea - Wood Pulp, Excluding Mechanical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Republic of Korea - Wood Pulp, Excluding Mechanical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2025

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Republic of Korea

The South Korean market for wood pulp, excluding mechanical wood pulp dropped to $X in 2022, flattening at the previous year. Overall, consumption saw a slight downturn. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Republic of Korea

In value terms, production of wood pulp, excluding mechanical wood pulp shrank to $X in 2022 estimated in export price. Overall, production faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 19% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Republic of Korea

Exports of wood pulp, excluding mechanical wood pulp from South Korea totaled X tons in 2022, picking up by 12% compared with 2021 figures. Over the period under review, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by 195% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp declined modestly to $X in 2022. In general, exports saw a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 183%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Japan (X tons) and Vietnam (X tons) were the main destinations of exports of wood pulp, excluding mechanical wood pulp from South Korea, together comprising 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +285.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood pulp, excluding mechanical wood pulp exported from South Korea were China ($X), Japan ($X) and Vietnam ($X), together accounting for 87% of total exports.

Japan, with a CAGR of +242.0%, saw 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 export price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, reducing by -15.4% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of 66%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($X per ton) and Thailand ($X per ton), while the average price for exports to Pakistan ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Republic of Korea

In 2022, overseas purchases of wood pulp, excluding mechanical wood pulp were finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a slight slump. The growth pace was the most rapid in 2019 with an increase of 9.3%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of wood pulp, excluding mechanical wood pulp amounted to $X in 2022. Over the period under review, imports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports of attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Canada (X tons), Brazil (X tons) and Indonesia (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to South Korea, together accounting for 50% of total imports. Chile, Uruguay, the United States, Russia, Finland and New Zealand lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +56.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Brazil ($X) and Indonesia ($X) appeared to be the largest wood pulp, excluding mechanical wood pulp suppliers to South Korea, together comprising 47% of total imports. Chile, the United States, Russia, Uruguay, New Zealand and Finland lagged somewhat behind, together accounting for a further 46%.

Finland, with a CAGR of +61.2%, recorded 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

The average import price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average 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 ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States constituted the country with the largest volume of consumption of wood pulp, excluding mechanical wood pulp, accounting for 29% of total volume. Moreover, consumption of wood pulp, excluding mechanical wood pulp in the United States exceeded the figures recorded by the second-largest consumer, Brazil, twofold. The third position in this ranking was occupied by China, with a 12% share.
The country with the largest volume of production of wood pulp, excluding mechanical wood pulp was the United States, accounting for 30% of total volume. Moreover, production of wood pulp, excluding mechanical wood pulp in the United States exceeded the figures recorded by the second-largest producer, Brazil, twofold. China ranked third in terms of total production with an 8.2% share.
In value terms, Canada constituted the largest supplier of wood pulp, excluding mechanical wood pulp to South Korea, comprising 68% of total imports. The second position in the ranking was occupied by the United States, with a 7.8% share of total imports. It was followed by Russia, with a 7.1% share.
In value terms, Vietnam emerged as the key foreign market for wood pulp, excluding mechanical wood pulp exports from South Korea, comprising 73% of total exports. The second position in the ranking was occupied by Egypt, with a 7.3% share of total exports.
In 2021, the average export price for wood pulp, excluding mechanical wood pulp amounted to $525 per ton, jumping by 23% against the previous year.
The average import price for wood pulp, excluding mechanical wood pulp stood at $584 per ton in 2021, growing by 17% against the previous year.

This report provides an in-depth analysis of the market for wood pulp, excluding mechanical wood pulp 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 1655 - Semi-chemical wood pulp
  • FCL 1663 - Chemical wood pulp, sulphate, bleached
  • FCL 1661 - Chemical wood pulp, sulphite, bleached
  • FCL 1667 - Dissolving wood pulp
  • FCL 1662 - Chemical wood pulp, sulphate, unbleached
  • FCL 1660 - Chemical wood pulp, sulphite, unbleached

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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