Republic of Korea - 1,2-Dichloroethane (Ethylene Dichloride) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Dichloride Price in South Korea - 2022
Contents:
- Ethylene Dichloride Price in South Korea (FOB) - 2022
- Ethylene Dichloride Price in South Korea (CIF) - 2022
- Ethylene Dichloride Exports in South Korea
- Ethylene Dichloride Imports in South Korea
Ethylene Dichloride Price in South Korea (FOB) - 2022
The average ethylene dichloride export price stood at $426 per ton in 2022, dropping by -36% against the previous year. Overall, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $666 per ton, and then dropped remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($547 per ton), while the average price for exports to Indonesia ($213 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 (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Dichloride Price in South Korea (CIF) - 2022
The average ethylene dichloride import price stood at $403 per ton in 2022, falling by -36.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 106% against the previous year. As a result, import price attained the peak level of $634 per ton, and then dropped markedly in the following year.
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 Germany ($9,470 per ton), while the price for the United States ($308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethylene Dichloride Exports in South Korea
In 2022, approx. 283K tons of 1,2-dichloroethane (ethylene dichloride) were exported from South Korea; surging by 27% on the previous year's figure. In general, exports recorded a relatively flat trend pattern.
In value terms, ethylene dichloride exports reduced sharply to $120M in 2022. Over the period under review, total exports indicated a buoyant increase 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, exports increased by +35.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of $148M, and then fell markedly in the following year.
| Export of Ethylene Dichloride in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.5 | 42.9 | 52.2 | 42.2 | 1.4% |
| Japan | 26.1 | 12.7 | 35.6 | 28.8 | 3.3% |
| Taiwan (Chinese) | 5.7 | 9.3 | 31.9 | 25.8 | 65.4% |
| Thailand | 10.4 | 8.4 | 25.9 | 20.9 | 26.2% |
| Indonesia | 2.5 | 2.7 | 2.7 | 2.2 | -4.2% |
| Others | 3.9 | 16.5 | 0.1 | 0.5 | -49.6% |
| Total | 89.2 | 92.4 | 148 | 120 | 10.4% |
Top Export Markets for Ethylene Dichloride from South Korea in 2022:
- China (118.1K tons)
- Japan (60.1K tons)
- Taiwan (Chinese) (54.5K tons)
- Thailand (38.3K tons)
- Indonesia (10.2K tons)
Ethylene Dichloride Imports in South Korea
In 2022, approx. 102K tons of 1,2-dichloroethane (ethylene dichloride) were imported into South Korea; increasing by 72% compared with the year before. Overall, imports, however, showed a abrupt downturn.
In value terms, ethylene dichloride imports expanded significantly to $41M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, imports attained the peak of $45M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ethylene Dichloride in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.8 | 34.9 | 11.2 | 26.3 | -8.0% |
| Japan | N/A | 1.1 | 10.5 | 8.1 | 171.4% |
| Taiwan (Chinese) | 1.1 | 1.3 | 8.8 | 6.8 | 83.5% |
| China | N/A | 3.0 | 4.4 | N/A | 46.7% |
| Indonesia | N/A | 4.3 | 2.6 | N/A | -39.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.9 | 44.6 | 37.6 | 41.1 | 5.6% |
Top Suppliers of Ethylene Dichloride to South Korea in 2022:
- United States (85.2K tons)
- Taiwan (Chinese) (12.5K tons)
- Japan (4.4K tons)
This report provides an in-depth analysis of the ethylene dichloride 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 20141353 - 1,2-Dichloroethane (ethylene dichloride)
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
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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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