Republic of Korea - Wallpaper and Wall Coverings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Wallpaper and Wall Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Wallpaper Price in South Korea - 2022

Contents:

  1. Wallpaper Price in South Korea (FOB) - 2022
  2. Wallpaper Price in South Korea (CIF) - 2022
  3. Wallpaper Exports in South Korea
  4. Wallpaper Imports in South Korea

Wallpaper Price in South Korea (FOB) - 2022

In December 2022, the average wallpaper export price amounted to $3,486 per ton, which is down by -7.2% against the previous month. Over the period under review, the export price continues to indicate a slight setback. The pace of growth appeared the most rapid in August 2022 an increase of 19% month-to-month. Over the period under review, the average export prices reached the maximum at $4,315 per ton in January 2022; however, from February 2022 to December 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was the United States ($17,971 per ton), while the average price for exports to China ($1,383 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wallpaper Price in South Korea (CIF) - 2022

In December 2022, the average wallpaper import price amounted to $21,311 per ton, shrinking by -33.9% against the previous month. In general, the import price, however, saw moderate growth. The growth pace was the most rapid in April 2022 when the average import price increased by 434% m-o-m. Over the period under review, average import prices reached the peak figure at $55,952 per ton in September 2022; however, from October 2022 to December 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($305K per ton), while the price for China ($9,017 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Wallpaper Exports in South Korea

Wallpaper exports from South Korea expanded markedly to 15K tons in 2022, growing by 9.5% against the year before. In general, exports, however, showed a pronounced curtailment.

In value terms, wallpaper exports shrank to $49M in 2022. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year.

Export of Wallpaper in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.26.99.89.34.3%
Russia4.03.47.65.712.5%
Thailand3.73.23.64.02.6%
United Arab Emirates2.72.62.23.711.1%
Saudi Arabia9.67.95.53.6-27.9%
China3.02.93.23.33.2%
India2.92.23.23.23.3%
Indonesia2.82.02.62.5-3.7%
Malaysia3.52.61.91.8-19.9%
Vietnam4.52.81.91.8-26.3%
Mongolia0.60.81.01.432.6%
Kuwait1.31.61.20.7-18.6%
Others13.710.210.78.2-15.7%
Total60.649.254.449.2-6.7%

Top Export Markets for Wallpaper from South Korea in 2022:

  1. United Arab Emirates (3.4K tons)
  2. China (2.3K tons)
  3. Russia (1.7K tons)
  4. Saudi Arabia (1.2K tons)
  5. Thailand (1.2K tons)
  6. India (1.0K tons)
  7. Indonesia (0.8K tons)
  8. Mongolia (0.8K tons)
  9. Vietnam (0.6K tons)
  10. Malaysia (0.5K tons)
  11. United States (0.4K tons)
  12. Kuwait (0.2K tons)

Wallpaper Imports in South Korea

In 2022, the amount of wallpaper and wall coverings imported into South Korea declined dramatically to 165 tons, waning by -19.2% compared with 2021 figures. Overall, imports faced a significant decrease.

In value terms, wallpaper imports stood at $3.1M in 2022. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 3.9%.

Import of Wallpaper in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6625966557624.8%
United States494559316449-3.1%
United Kingdom389367300373-1.4%
France2782693313063.3%
Hong Kong SAR16198.326728521.0%
Italy337193218270-7.1%
Japan185229290181-0.7%
Sweden11211717215110.5%
Belgium304274222114-27.9%
Taiwan (Chinese)69.155.611468.1-0.5%
Netherlands72.542.851.065.5-3.3%
Germany38272.381.959.8-46.1%
Others16910371.346.6-34.9%
Total3,6142,9753,0913,132-4.7%

Top Suppliers of Wallpaper to South Korea in 2022:

  1. China (88.6 tons)
  2. Japan (28.3 tons)
  3. United States (9.0 tons)
  4. United Kingdom (7.0 tons)
  5. Italy (6.4 tons)
  6. Taiwan (Chinese) (6.4 tons)
  7. Netherlands (4.2 tons)
  8. Sweden (3.2 tons)
  9. Hong Kong SAR (3.0 tons)
  10. Belgium (2.7 tons)
  11. France (2.5 tons)
  12. Germany (2.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wallpaper 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:

  • Prodcom 17241100 - Wallpaper and similar wall coverings, window transparencies of paper

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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 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
  12. 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
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