The forecast for the import of semi-chemical wood pulp to South Korea indicates a steady growth from 2024 to 2028, starting at 344.48 million kilograms in 2024 and reaching 364.16 million kilograms by 2028. In 2023, the volume was 339.43 million kilograms. The year-on-year growth rates are consistent, with approximately a 1.5% increase annually. Over the past two years, this trend mirrors a similar pattern of growth.
Notably, the compound annual growth rate (CAGR) over the next five years is projected to be around 1.4%, suggesting a stable yet incremental rise in imports.
Future trends to watch for include potential shifts in global trade policies, technological advancements in pulp processing, and environmental regulations that could impact both supply chains and demand. Additionally, monitoring the influence of economic cycles on manufacturing sectors that utilize semi-chemical wood pulp will be crucial.
