The import of paper photographic plates and film to South Korea experienced significant volatility over the past decade. The import value peaked in 2013 and generally declined until 2020. After a notable drop in 2020, the values slowly rebounded, reaching approximately 250.29 million USD in 2023. The latest year-on-year variation was a modest 0.5%, indicating stabilization, with the 5-year CAGR averaging at 0.45%.
Going forward, a forecasted steady growth rate of around 0.4% CAGR from 2024 to 2028 is expected, reaching approximately 256.78 million USD by 2028. While the import values are expected to stabilize, the key future trend to watch is the potential impact of digital photography on traditional photographic materials and the ongoing global supply chain challenges.
