I. Macroeconomic environment and trade risks

division

Main contents

Basis and Source

Global Plastics MarketDemand for packaging, automotive, and electronics continues despite economic slowdown.Bloomberg Plastics 2025.8
Korea's import structureDecrease in raw material imports, increase in processed products and special resin importsMinistry of Trade, Industry and Energy 2025
ESG regulationsThe EU plastics tax and CBAM are starting to take effect.European Commission 2025
technological transitionAccelerating the transition to bio- and recycled-based plasticsReuters Chemicals 2025.7

Imports of traditional plastics centered on petrochemicals are slowing, while the structural shift toward eco-friendly, high-functionality engineering plastics is accelerating.

Ⅱ. Analysis of Import Item Status and Characteristics

item

Details

Data source

HS code39 (Plastics and Articles Thereof)UN Comtrade
Main detailed items3901 (ethylene polymer), 3902 (propylene polymer), 3907 (polyester resin), 3919 (film/tape), 3923 (containers/packaging materials)Customs Service Trade Statistics
Import volume in 2024Approximately USD 29.6 billion (4.3% of total imports)KCS, OEC 2025
Average annual growth rate ('20–'24)+3.6%Industrial Yearbook
Major demand sourcesPackaging, electronics, automotive, construction, and medical materials industries 

HS39 is a cross-product group of consumer goods and industrial goods , and the diversification of plastics by industry and the import of ESG-compliant materials are rapidly expanding.

III. Characteristics of major importing countries and supply chains

ranking

importing country

specific gravity(%)

Main items

Features and Risks

1china31General polymer/filmLow price competitiveness, high quality variation
2japan20engineering plasticsHigh-performance materials for automobiles and electronics
3USA17Advanced synthetic resins and recycled resinsFocus on ESG response
4germany10Precision polymers and medical materialsHigh quality stability
5taiwan7Packaging and electronic materialsEast Asian supply chain connectivity

The top five countries account for more than 85% of total imports, and the dual structure of low-priced Chinese goods and high-priced Japanese and American goods is maintained.

Ⅳ. Import volume and supply stability

division

2023 Q3

2024 Q3

Increase/decrease (%)

note

Synthetic resin raw materials (tons)4,350,0004,520,000+3.9Packaging-focused
engineering plastics950,0001,030,000+8.4For automotive and electronics
Recycled/Bioplastics180,000210,000+16.6Impact of ESG Transition
Finished products (containers, films, etc.)720,000750,000+4.2Packaging and Consumer Goods
total+5.9structural increase

In particular, the growth rate of imports of engineering and bioplastics is remarkable , and structural restructuring is underway with a focus on eco-friendly and high-heat-resistant special materials.

V. Unit price and price trends

Item

2024 Q1

2024 Q2

2024 Q3

change(%)

Polyethylene (USD/ton)1,1301,1501,165+1.3
polypropylene1,0601,0751,090+1.4
PET resin1,2401,2601,275+1.2
Engineering plastics (PA, PC, etc.)3,2503,3303,420+2.7

The unit price of high-functionality and heat-resistant materials is gradually rising, and the stable crude oil price is limiting the overall unit price.

Ⅵ. Seasonal patterns

branch

characteristic

Import Volatility Index (0–1)

Q1manufacturing and construction slowdown0.43
Q2Increased demand for packaging materials and home appliances0.68
Q3Peak production in the electronics and automobile industries0.74
Q4Year-end demand adjustment period0.58

The Q2-Q3 concentration pattern is closely linked to demand in the packaging, electronics, and automotive industries.

VII. Tariff and Non-Tariff Barriers and Alternative Industries

item

detail

Tariff rateAverage 3-8%, mostly duty-free when FTA is applied
Non-tariffPlastic tax (EU), environmental certification requirements, and mandatory carbon emissions reporting
Domestic alternative industriesDomestic production rate of recycled and bioplastics: 42%
Future tasksEstablishing a recycling and low-carbon certification system and expanding the commercialization of biopolymers.

Responding to EU environmental regulations and internalizing bio-recycling technology are key to stabilizing the import structure.

Ⅷ. ESG·Net Zero Correlation

characteristic

evaluation

analysis

Carbon emissions impactawardCrude oil-based carbon intensity in production processes
ESG RiskmiddleQuality and environmental issues in China's supply chain
Net Zero ContributionMedium to highHigh potential for improvement through recycling and bio-conversion

Eco-friendly plastic alternatives (PHA, PLA, PET recycling) are moving to the center of global trade.

Ⅸ. Country-specific risk indices

importing country

Policy/Environmental Risk (0–1)

Logistics Risk (0–1)

Comprehensive Trust Index

china0.440.330.65
japan0.230.260.81
USA0.220.280.80
germany0.240.270.79
taiwan0.290.310.74

Average Trust Index = 0.76 (Good)
High-quality plastics from Japan, the US, and Germany have high quality and supply stability, making them advantageous for meeting future ESG standards.

Ⅹ. Key Buyers and Industry Links

industry

Major companies

Imported items

note

Packaging/FoodCJ CheilJedang, Lotte FoodPET·PolyolefinPackaging-focused
Automotive and ElectronicsHyundai Mobis, Samsung Electronics, LG Electronicsengineering plasticsHeat-resistant and lightweight materials
Architecture and Interior DesignLX Hausys, Hanwha SolutionsPVC·PolycarbonateInterior-focused
Medical and Consumer GoodsSK Biomed, AmorepacificSanitary and medical materialsHigh-purity import center

More than 48% of domestic plastic imports are for industrial engineering and packaging purposes, and the import structure is evolving into one centered on processing and materials.

Ⅺ. AI Trade Index and 3-Month Forecast

characteristic

Currently (2025 Q3)

Compared to the previous quarter (Δ%)

analysis

ΔImport+3.2%▲1.0Increase in focus on high-functionality and ESG products
ΔPrice+1.8%▲0.5Maintain stability
ΔCountryShare+0.4%▲0.3Expanding the US and Japan's share
Trust Index0.76=Stable
Forecast (3M)+3.9%Continued demand for electronics and packaging in Q4

Summary: HS39 plastic imports maintain stable growth. There is a clear shift
from traditional petrochemicals to high-performance, eco-friendly materials .

Ⅻ. Policy Recommendations and System Improvement Roadmap

division

Suggestion

Expected effect

1Introduction of an ESG-based plastic import certification systemResponding to environmental regulations
2Commercialization of bio-recycled plastic technologyimport substitution effect
3Import demand management based on AI trade indexImproving inventory and logistics efficiency
4Establishment of an EU-US Environmental Tax Response CouncilMitigating trade risks
5Expanding the R&D cluster specializing in high-performance plasticsStrengthening industrial competitiveness
ⅩⅢ. General Conclusion

HS39 (Plastics and Plastic Products) Imports Trade Index – 2025 Q3
ΔImport +3.2% , ΔPrice +1.8% , Trust 0.76 , Forecast (3M) +3.9%
Outlook: Gentle increase (Positive-Neutral).
The market is experiencing stable growth, centered on high-value-added, eco-friendly, and recycled materials .
Establishing an ESG-responsive import management system based on the AI ​​trade index is proposed as a key mid- to long-term strategy.