Republic of Korea - Chloromethane (Methyl Chloride) And Chloroethane (Ethyl Chloride) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChloromethane and Chloroethane Price in South Korea - 2022
Contents:
- Chloromethane and Chloroethane Price in South Korea (CIF) - 2022
- Chloromethane and Chloroethane Price in South Korea (FOB) - 2022
- Chloromethane and Chloroethane Imports in South Korea
- Chloromethane and Chloroethane Exports in South Korea
Chloromethane and Chloroethane Price in South Korea (CIF) - 2022
In 2022, the average chloromethane and chloroethane import price amounted to $16,522 per ton, which is down by -12% against the previous year. Overall, the import price showed a mild descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 93% against the previous year. Over the period under review, average import prices reached the peak figure at $18,778 per ton in 2021, and then fell in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($18,501 per ton), while the price for Spain amounted to $13,232 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.0%), while the prices for the other major suppliers experienced a decline.
Chloromethane and Chloroethane Price in South Korea (FOB) - 2022
The average chloromethane and chloroethane export price stood at $21,583 per ton in 2022, jumping by 84% against the previous year. In general, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($165,500 per ton), while the average price for exports to Morocco ($1,000 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 Thailand (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.
Chloromethane and Chloroethane Imports in South Korea
In 2022, imports of chloromethane (methyl chloride) and chloroethane (ethyl chloride) into South Korea soared to 19 tons, rising by 34% on the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, chloromethane and chloroethane imports skyrocketed to $319K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Chloromethane and Chloroethane in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 194 | 160 | 165 | 223 | 4.8% |
| Spain | N/A | 1.0 | 39.8 | 96.1 | 880.3% |
| China | 10.4 | 8.8 | 7.0 | N/A | -18.0% |
| India | 13.1 | 12.1 | 10.6 | N/A | -10.0% |
| Others | 19.3 | 14.2 | 48.7 | 0.1 | -82.7% |
| Total | 236 | 196 | 271 | 319 | 10.6% |
Top Suppliers of Chloromethane and Chloroethane to South Korea in 2022:
- Japan (12.1 tons)
- Spain (7.3 tons)
Chloromethane and Chloroethane Exports in South Korea
In 2022, approx. 48 kg of chloromethane (methyl chloride) and chloroethane (ethyl chloride) were exported from South Korea; shrinking by -72.7% against the previous year's figure. Over the period under review, exports saw a sharp descent.
In value terms, chloromethane and chloroethane exports shrank rapidly to $1K in 2022. Overall, exports recorded a sharp decline.
| Export of Chloromethane and Chloroethane in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Nigeria | N/A | 331 | 0% | ||
| Egypt | 684 | 200 | -70.8% | ||
| Sudan | 564 | 165 | -70.7% | ||
| Ethiopia | 254 | 63.0 | -75.2% | ||
| Myanmar | 191 | 47.0 | -75.4% | ||
| Yemen | 180 | 39.0 | -78.3% | ||
| Indonesia | 131 | 33.0 | -74.8% | ||
| Philippines | 39.0 | 9.0 | -76.9% | ||
| Singapore | 24.0 | 7.0 | -70.8% | ||
| Pakistan | 1.0 | 1.0 | 0.0% | ||
| Morocco | N/A | 1.0 | 0% | ||
| Vietnam | 2.0 | 1.0 | -50.0% | ||
| Others | N/A | 139 | 0% | ||
| Total | 2,070 | 1,036 | -50.0% | ||
Top Export Markets for Chloromethane and Chloroethane from South Korea in 2022:
- Ethiopia (10.0 kg)
- Indonesia (10.0 kg)
- Egypt (7.0 kg)
- Sudan (6.0 kg)
- Myanmar (4.0 kg)
- Singapore (2.0 kg)
- Nigeria (2.0 kg)
- Yemen (2.0 kg)
- Pakistan (1.0 kg)
- Morocco (1.0 kg)
- Philippines (1.0 kg)
- Vietnam (1.0 kg)
This report provides an in-depth analysis of the chloromethane and chloroethane 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 20141313 - Chloromethane (methyl chloride) and chloroethane (ethyl chloride)
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.
-
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
-
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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