Competition from China and depressed demand globally made 2024 a particularly challenging year.
In 2024 Korea exported 4.5 million tons of ethylene polymers (all grades), up 1%; 3.8 million tons of propylene polymers, up 9%; 1.9 million tons of styrenic polymers, up 4%; 0.7 million tons of PVC, down 7%; and 0.8 million tons of PET, down 4%.
Continue readingShipments to China accounted for most of the surge in Korea’s exports; China was the source of most of Korea’s imports of fabricated plastic products.
Continue readingKorea’s exports of commodity polymers expanded moderately in the first seven months of 2018, as did shipments of fabricated plastic products. Imports rose sharply. Korea exported less recycle polymers but imported more.