Alcohols; Polyhydric, Mannitol Price in South Korea - 2022
Contents:
- Alcohols; Polyhydric, Mannitol Price in South Korea (CIF) - 2022
- Alcohols; Polyhydric, Mannitol Price in South Korea (FOB) - 2022
- Alcohols; Polyhydric, Mannitol Imports in South Korea
- Alcohols; Polyhydric, Mannitol Exports in South Korea
Alcohols; Polyhydric, Mannitol Price in South Korea (CIF) - 2022
The average alcohols; polyhydric, mannitol import price stood at $8,160 per ton in 2022, rising by 24% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alcohols; polyhydric, mannitol import price increased by +48.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($11,654 per ton), while the price for Brazil ($1,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.6%), while the prices for the other major suppliers experienced a decline.
Alcohols; Polyhydric, Mannitol Price in South Korea (FOB) - 2022
In 2022, the average alcohols; polyhydric, mannitol export price amounted to $13,217 per ton, reducing by -33.1% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2017 an increase of 97% against the previous year. Over the period under review, the average export prices reached the maximum at $19,821 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($23,461 per ton), while the average price for exports to Vietnam ($5,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Alcohols; Polyhydric, Mannitol Imports in South Korea
In 2022, approx. 818 tons of alcohols; polyhydric, mannitol were imported into South Korea; picking up by 34% against 2021. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, alcohols; polyhydric, mannitol imports soared to $6.7M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Polyhydric, Mannitol in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,345 | 1,064 | 1,260 | 1,163 | -4.7% |
| China | 418 | 297 | 489 | 371 | -3.9% |
| Japan | 60.5 | 32.3 | 242 | 177 | 43.0% |
| United States | 58.3 | 82.5 | 70.2 | 69.4 | 6.0% |
| Brazil | 75.8 | 42.5 | 81.4 | 60.7 | -7.1% |
| Others | 2,654 | 3,370 | 1,885 | 4,838 | 22.2% |
| Total | 4,611 | 4,888 | 4,027 | 6,678 | 13.1% |
Top Suppliers of Alcohols; Polyhydric, Mannitol to South Korea in 2022:
- France (261.2 tons)
- China (179.1 tons)
- Brazil (30.5 tons)
- Japan (15.2 tons)
- United States (9.0 tons)
Alcohols; Polyhydric, Mannitol Exports in South Korea
For the fourth year in a row, South Korea recorded growth in overseas shipments of alcohols; polyhydric, mannitol, which increased by 181% to 2.5 tons in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, alcohols; polyhydric, mannitol exports soared to $33K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Polyhydric, Mannitol in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.2 | 10.5 | 9.5 | 11.7 | 8.3% |
| Thailand | 3.8 | 2.6 | 3.4 | 4.1 | 2.6% |
| Vietnam | 1.2 | 0.1 | 0.4 | 0.7 | -16.4% |
| Pakistan | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Belgium | N/A | N/A | 2.5 | N/A | 0% |
| Germany | N/A | 0.5 | N/A | N/A | 0% |
| Indonesia | N/A | 1.1 | 1.5 | N/A | 36.4% |
| Others | 0.2 | 0.9 | 0.2 | 16.6 | 336.2% |
| Total | 14.5 | 15.8 | 17.7 | 33.3 | 31.9% |
Top Export Markets for Alcohols; Polyhydric, Mannitol from South Korea in 2022:
- Taiwan (Chinese) (500.0 kg)
- Thailand (305.0 kg)
- Vietnam (125.0 kg)
- Pakistan (23.0 kg)
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