Ketone-Alcohols and Ketone-Aldehydes Price in South Korea - 2022

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in South Korea (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in South Korea (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in South Korea
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in South Korea

Ketone-Alcohols and Ketone-Aldehydes Price in South Korea (CIF) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes import price amounted to $4,669 per ton, waning by -10.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 44%. As a result, import price reached the peak level of $5,928 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,622 per ton), while the price for Taiwan (Chinese) ($1,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in South Korea (FOB) - 2022

The average ketone-alcohols and ketone-aldehydes export price stood at $4,104 per ton in 2022, picking up by 4.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 5.4%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($4,795 per ton) and Brazil ($4,525 per ton), while the average price for exports to Taiwan (Chinese) ($3,446 per ton) and Turkey ($3,497 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Imports in South Korea

In 2022, approx. 1.7K tons of ketone-alcohols and ketone-aldehydeses were imported into South Korea; dropping by -20.7% on the previous year. Over the period under review, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 2.2K tons, and then dropped sharply in the following year.

In value terms, ketone-alcohols and ketone-aldehydes imports dropped markedly to $8.1M in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 17%. As a result, imports reached the peak of $11M, and then dropped dramatically in the following year.

Import of Ketone-Alcohols and Ketone-Aldehydes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.07.48.45.2-9.4%
Italy1.01.00.91.00.0%
Taiwan (Chinese)0.10.10.50.791.3%
Brazil0.90.60.70.4-23.7%
France0.20.10.20.314.5%
India0.60.30.20.2-30.7%
Japan0.20.10.20.1-20.6%
Others0.10.20.40.10.0%
Total10.09.711.48.1-6.8%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to South Korea in 2022:

  1. China (586.3 tons)
  2. Taiwan (Chinese) (455.7 tons)
  3. Brazil (280.9 tons)
  4. France (164.8 tons)
  5. India (109.6 tons)
  6. Italy (86.2 tons)
  7. Japan (43.2 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in South Korea

Ketone-alcohols and ketone-aldehydes exports from South Korea reduced dramatically to 2.1K tons in 2022, falling by -23.6% on 2021. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year.

In value terms, ketone-alcohols and ketone-aldehydes exports shrank notably to $8.8M in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 16%.

Export of Ketone-Alcohols and Ketone-Aldehydes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.52.13.13.17.4%
Netherlands3.02.62.91.4-22.4%
China1.01.01.31.26.3%
Japan1.00.70.90.8-7.2%
Turkey0.80.80.80.5-14.5%
Italy0.40.30.20.3-9.1%
Taiwan (Chinese)0.20.20.20.20.0%
Others2.01.71.71.3-13.4%
Total11.09.410.98.8-7.2%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from South Korea in 2022:

  1. United States (678.5 tons)
  2. Netherlands (368.0 tons)
  3. China (299.3 tons)
  4. Japan (229.6 tons)
  5. Turkey (144.3 tons)
  6. Taiwan (Chinese) (64.0 tons)
  7. Italy (58.0 tons)

Source: IndexBox Market Intelligence Platform

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