Price for Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea - 2022
Contents:
- Price for Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (CIF) - 2022
- Price for Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (FOB) - 2022
- Imports of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea
- Exports of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea
Price for Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (CIF) - 2022
In 2022, the average import price for alkaloids, vegetable; ephedrine and its saltses amounted to $21,671 per ton, picking up by 6.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 20%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($35,479 per ton), while the price for Germany amounted to $15,191 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%).
Price for Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (FOB) - 2022
The average export price for alkaloids, vegetable; ephedrine and its saltses stood at $103,187 per ton in 2022, picking up by 7.1% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alkaloids, vegetable; ephedrine and its saltses increased by +76.1% against 2014 indices. The most prominent rate of growth was recorded in 2021 an increase of 7.5%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.6% per year.
Imports of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea
In 2022, imports of alkaloids, vegetable; ephedrine and its saltses into South Korea soared to 37 tons, picking up by 267% against the year before. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alkaloids, vegetable; ephedrine and its saltses surged to $803K in 2022. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 161 | 289 | 68.2 | 406 | 36.1% |
Germany | 323 | 339 | 132 | 388 | 6.3% |
Others | 11.9 | 8.7 | 5.8 | 9.6 | -6.9% |
Total | 496 | 637 | 206 | 803 | 17.4% |
Top Suppliers of Alkaloids, Vegetable; Ephedrine and Its Salts to South Korea in 2022:
- Germany (25.6 tons)
- India (11.4 tons)
Exports of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea
For the fourth consecutive year, South Korea recorded growth in shipments abroad of alkaloids, vegetable; ephedrine and its saltses, which increased by 7.8% to 359 kg in 2022. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of alkaloids, vegetable; ephedrine and its saltses surged to $37K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Alkaloids, Vegetable; Ephedrine and Its Salts in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 24.1 | 27.8 | 32.1 | 37.0 | 15.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 24.1 | 27.8 | 32.1 | 37.0 | 15.4% |
Top Export Markets for Alkaloids, Vegetable; Ephedrine and Its Salts from South Korea in 2022:
- Germany (359.0 kg)
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