Republic of Korea - Aromatic Polyamines And Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAromatic Polyamines Price in South Korea - 2022
Contents:
- Aromatic Polyamines Price in South Korea (CIF) - 2022
- Aromatic Polyamines Price in South Korea (FOB) - 2022
- Aromatic Polyamines Imports in South Korea
- Aromatic Polyamines Exports in South Korea
Aromatic Polyamines Price in South Korea (CIF) - 2022
In December 2022, the average aromatic polyamines import price amounted to $5,944 per ton, surging by 3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $7,586 per ton. From July 2022 to December 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was India ($13,768 per ton), while the price for Hungary ($4,903 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Aromatic Polyamines Price in South Korea (FOB) - 2022
The average aromatic polyamines export price stood at $5,068 per ton in 2022, surging by 35% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aromatic polyamines export price increased by +117.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 61%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,986 per ton), while the average price for exports to China ($2,991 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 Slovenia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Aromatic Polyamines Imports in South Korea
In 2022, imports of aromatic polyamines and their derivatives, salts thereof into South Korea shrank sharply to 29K tons, with a decrease of -21.1% on the previous year's figure. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 37K tons, and then shrank remarkably in the following year.
In value terms, aromatic polyamines imports rose to $182M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Aromatic Polyamines in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 103 | 142 | 148 | 7.8% |
| Japan | 11.6 | 14.5 | 13.2 | 15.4 | 9.9% |
| India | 17.2 | 10.1 | 14.4 | 8.8 | -20.0% |
| Hungary | 0.4 | 0.5 | 2.2 | 4.2 | 119.0% |
| United States | 3.4 | 4.1 | 5.1 | 4.0 | 5.6% |
| Others | 2.2 | 2.2 | 2.6 | 2.4 | 2.9% |
| Total | 153 | 134 | 179 | 182 | 6.0% |
Top Suppliers of Aromatic Polyamines to South Korea in 2022:
- China (23.4K tons)
- Japan (2.1K tons)
- India (1.4K tons)
- Hungary (1.2K tons)
- United States (0.6K tons)
Aromatic Polyamines Exports in South Korea
In 2022, the amount of aromatic polyamines and their derivatives, salts thereof exported from South Korea fell dramatically to 20K tons, which is down by -20.5% on the previous year. In general, exports saw a abrupt contraction. The smallest decline of -1.9% was in 2021.
In value terms, aromatic polyamines exports reached $102M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Aromatic Polyamines in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.4 | 13.2 | 27.6 | 33.3 | 29.3% |
| Japan | 10.5 | 6.6 | 10.0 | 15.4 | 13.6% |
| Thailand | 5.6 | 4.5 | 7.9 | 11.2 | 26.0% |
| China | 4.5 | 2.7 | 4.5 | 5.8 | 8.8% |
| India | 4.1 | 7.8 | 11.8 | 4.9 | 6.1% |
| Canada | 3.5 | 2.2 | 4.4 | 4.7 | 10.3% |
| Indonesia | 2.7 | 1.8 | 3.2 | 4.3 | 16.8% |
| Turkey | 3.7 | 3.3 | 5.2 | 3.7 | 0.0% |
| Germany | 0.1 | 0.2 | 1.7 | 3.6 | 230.2% |
| Slovenia | 0.9 | 0.3 | 2.8 | 3.2 | 52.6% |
| Malaysia | 1.6 | 1.0 | 1.8 | 2.4 | 14.5% |
| Vietnam | 2.2 | 2.3 | 0.9 | 2.0 | -3.1% |
| Brazil | 7.5 | 6.4 | 3.3 | 0.3 | -65.8% |
| Others | 11.6 | 7.9 | 9.8 | 7.2 | -14.7% |
| Total | 73.8 | 60.2 | 95.1 | 102 | 11.4% |
Top Export Markets for Aromatic Polyamines from South Korea in 2022:
- United States (6.3K tons)
- Japan (2.6K tons)
- Thailand (2.2K tons)
- China (2.0K tons)
- India (1.1K tons)
- Canada (0.8K tons)
- Turkey (0.8K tons)
- Indonesia (0.8K tons)
- Germany (0.7K tons)
- Slovenia (0.6K tons)
- Malaysia (0.5K tons)
- Vietnam (0.5K tons)
- Brazil (0.1K tons)
This report provides an in-depth analysis of the aromatic polyamines market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144170 - Aromatic polyamines and their derivatives, salts thereof
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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