Republic of Korea - Ethers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEther Price in South Korea - 2022
Contents:
- Ether Price in South Korea (CIF) - 2022
- Ether Price in South Korea (FOB) - 2022
- Ether Imports in South Korea
- Ether Exports in South Korea
Ether Price in South Korea (CIF) - 2022
The average ether import price stood at $2,284 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42% against the previous year. The import price peaked at $2,840 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Japan ($7,776 per ton), while the price for Taiwan (Chinese) ($668 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ether Price in South Korea (FOB) - 2022
The average ether export price stood at $1,323 per ton in December 2022, almost unchanged from the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 24% m-o-m. As a result, the export price reached the peak level of $1,891 per ton. From June 2022 to December 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was the United States ($2,666 per ton), while the average price for exports to Malaysia ($913 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Ether Imports in South Korea
In 2022, supplies from abroad of ethers decreased by -36.4% to 148K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 291K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ether imports declined rapidly to $338M in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.
| Import of Ether in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 87.9 | 124 | 150 | 8.3% |
| United States | 52.4 | 42.4 | 50.7 | 57.1 | 2.9% |
| Japan | 65.8 | 53.5 | 56.1 | 38.7 | -16.2% |
| India | 19.1 | 17.9 | 21.3 | 20.2 | 1.9% |
| Saudi Arabia | 8.5 | 13.7 | 16.0 | 18.4 | 29.4% |
| Germany | 55.1 | 42.5 | 27.7 | 18.2 | -30.9% |
| Taiwan (Chinese) | 68.0 | 69.1 | 77.5 | 9.5 | -48.1% |
| Thailand | 9.0 | 6.4 | 9.3 | 3.7 | -25.6% |
| Others | 20.0 | 20.0 | 19.3 | 22.7 | 4.3% |
| Total | 416 | 353 | 402 | 338 | -6.7% |
Top Suppliers of Ether to South Korea in 2022:
- China (55.8K tons)
- United States (29.7K tons)
- Saudi Arabia (18.7K tons)
- Taiwan (Chinese) (14.2K tons)
- India (13.2K tons)
- Japan (5.0K tons)
- Germany (3.0K tons)
- Thailand (2.5K tons)
Ether Exports in South Korea
Ether exports from South Korea rose notably to 246K tons in 2022, picking up by 12% on 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +85.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ether exports amounted to $361M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 129%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Ether in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 109 | 83.3 | 213 | 126 | 4.9% |
| Singapore | 2.8 | 6.2 | 6.9 | 70.2 | 192.7% |
| United States | 9.8 | 10.9 | 17.9 | 24.1 | 35.0% |
| Malaysia | 8.1 | 3.0 | 5.8 | 20.3 | 35.8% |
| India | 9.5 | 6.8 | 9.7 | 14.4 | 14.9% |
| Japan | 6.1 | 5.6 | 13.8 | 14.4 | 33.2% |
| Netherlands | 1.9 | 3.3 | 6.8 | 9.9 | 73.4% |
| Taiwan (Chinese) | 5.3 | 1.1 | 4.1 | 7.7 | 13.3% |
| Turkey | 6.2 | 3.7 | 16.8 | 6.3 | 0.5% |
| Russia | 0.5 | 0.8 | 5.2 | 5.5 | 122.4% |
| Others | 32.5 | 28.0 | 50.3 | 62.1 | 24.1% |
| Total | 192 | 153 | 351 | 361 | 23.4% |
Top Export Markets for Ether from South Korea in 2022:
- China (96.8K tons)
- Singapore (63.1K tons)
- Malaysia (20.8K tons)
- India (7.1K tons)
- United States (6.9K tons)
- Japan (6.9K tons)
- Taiwan (Chinese) (6.5K tons)
- Russia (5.5K tons)
- Netherlands (3.8K tons)
- Turkey (2.8K tons)
This report provides an in-depth analysis of the ether 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 20146310 - Acyclic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146323 - Cyclanic, cyclenic or cycloterpenic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146325 - Aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
- Prodcom 20146339 - Ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-Oxydiethanol)
- Prodcom 20146350 - Ether-phenols, ether-alcohol-phenols and their halogenated, s ulphonated, nitrated or nitrosated derivatives
- Prodcom 20146360 - Alcohol, ether and ketone peroxides and their halogenated, s ulphonated, nitrated or nitrosated derivatives
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
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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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953
Global ether imports totaled X tons in 2016, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to X>
1843
Global ether imports totaled X tons in 2016, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to X>
1694
Despite shrinking exports, the U.S. continued its dominance in the global ether trade. In 2014, the U.S. exported X million tons of ethers totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it sup
240
Explore the best import markets for acyclic ethers and their halogenated, sulphonated, nitrated, or nitrosated derivatives. Japan, Singapore, the Netherlands, and more.
953
Global ether imports totaled X tons in 2016, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to X>
1843
Global ether imports totaled X tons in 2016, remaining constant against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to X>
1694
Despite shrinking exports, the U.S. continued its dominance in the global ether trade. In 2014, the U.S. exported X million tons of ethers totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it sup
240
Explore the best import markets for acyclic ethers and their halogenated, sulphonated, nitrated, or nitrosated derivatives. Japan, Singapore, the Netherlands, and more.
