Republic of Korea - Lysine And Its Esters, And Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLysine Price in South Korea - 2022
Contents:
- Lysine Price in South Korea (FOB) - 2022
- Lysine Price in South Korea (CIF) - 2022
- Lysine Exports in South Korea
- Lysine Imports in South Korea
Lysine Price in South Korea (FOB) - 2022
The average lysine export price stood at $1,160 per ton in December 2022, approximately mirroring the previous month. Overall, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in April 2022 an increase of 32% month-to-month. As a result, the export price attained the peak level of $1,946 per ton. From May 2022 to December 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($1,973 per ton), while the average price for exports to Italy ($991 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 Thailand (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lysine Price in South Korea (CIF) - 2022
In December 2022, the average lysine import price amounted to $1,022 per ton, growing by 10% against the previous month. In general, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 10% against the previous month. As a result, import price reached the peak level of $1,323 per ton. From March 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Indonesia ($1,424 per ton), while the price for China totaled $980 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.9%).
Lysine Exports in South Korea
In 2022, exports of lysine and its esters, and salts thereof from South Korea dropped to 106K tons, with a decrease of -14.4% on 2021 figures. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.
In value terms, lysine exports reduced to $158M in 2022. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +45.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $172M, and then fell in the following year.
| Export of Lysine in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.2 | 7.0 | 19.5 | 27.1 | 30.5% |
| France | 10.4 | 3.3 | 7.4 | 20.6 | 25.6% |
| Spain | 10.3 | 5.7 | 12.8 | 18.1 | 20.7% |
| Vietnam | 13.3 | 14.5 | 21.3 | 18.0 | 10.6% |
| India | 14.8 | 20.4 | 37.2 | 17.1 | 4.9% |
| Thailand | 4.5 | 15.4 | 17.4 | 6.1 | 10.7% |
| Japan | 3.9 | 4.3 | 4.7 | 3.9 | 0.0% |
| Philippines | 3.4 | 3.2 | 5.2 | 3.7 | 2.9% |
| Cambodia | 1.5 | 1.2 | 2.3 | 3.5 | 32.6% |
| Ireland | 0.1 | N/A | 1.8 | 3.5 | 227.1% |
| Bangladesh | 2.6 | 3.0 | 2.8 | 3.1 | 6.0% |
| Italy | 0.6 | N/A | 0.6 | 2.0 | 49.4% |
| Russia | 23.5 | 2.7 | N/A | N/A | -88.5% |
| Others | 40.3 | 28.1 | 39.0 | 31.7 | -7.7% |
| Total | 142 | 109 | 172 | 158 | 3.6% |
Top Export Markets for Lysine from South Korea in 2022:
- France (19.6K tons)
- Netherlands (18.4K tons)
- Spain (17.4K tons)
- Vietnam (10.2K tons)
- India (8.9K tons)
- Thailand (3.3K tons)
- Ireland (2.6K tons)
- Philippines (2.1K tons)
- Japan (2.1K tons)
- Cambodia (1.9K tons)
- Italy (1.7K tons)
- Bangladesh (1.7K tons)
Lysine Imports in South Korea
In 2022, the amount of lysine and its esters, and salts thereof imported into South Korea surged to 66K tons, growing by 33% on 2021. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, lysine imports soared to $38M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +74.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Lysine in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.9 | 19.5 | 28.6 | 36.0 | 21.8% |
| Indonesia | 1.0 | 1.2 | 1.2 | 1.5 | 14.5% |
| Others | 1.5 | 1.2 | 0.7 | 0.6 | -26.3% |
| Total | 22.5 | 21.8 | 30.6 | 38.1 | 19.2% |
Top Suppliers of Lysine to South Korea in 2022:
- China (65.5K tons)
- Indonesia (0.9K tons)
This report provides an in-depth analysis of the lysine 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 21102010 - Lysine and its esters, and 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.
-
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
-
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
-
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
-
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
-
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
-
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
434
This report provides an in-depth analysis of the lysine market in Republic of Korea.
357
This report provides an in-depth analysis of the diethanolamine market in Republic of Korea.
385
This report provides an in-depth analysis of the triethanolamine market in Republic of Korea.
356
This report provides an in-depth analysis of the monoethanolamine market in Republic of Korea.
318
This report provides an in-depth analysis of the glutamic acid market in Republic of Korea.
379
This report provides an in-depth analysis of the oxygen-function amino-compound market in Republic of Korea.
452
This report provides an in-depth analysis of the fluorspar market in Republic of Korea.
1159
This report provides an in-depth analysis of the global lysine market.
763
This report provides an in-depth analysis of the global diethanolamine market.
579
This report provides an in-depth analysis of the global triethanolamine market.
1077
The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.
249
Explore the top import markets for Oxygen-Function Amino-Compound and their key statistics. Learn about the demand, trends, and market dynamics in these countries.
1071
In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to X tons, rising by X% against the previous year level. The total import volume increased at an average annual r...
1228
In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to X tons, rising by X% against the previous year level. The total import volume increased at an average annual r...
471
Global trade in fluorspar peaked at $822M in 2021. China remains the leading fluorspar supplier worldwide.
1077
The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.
249
Explore the top import markets for Oxygen-Function Amino-Compound and their key statistics. Learn about the demand, trends, and market dynamics in these countries.
1071
In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to X tons, rising by X% against the previous year level. The total import volume increased at an average annual r...
1228
In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to X tons, rising by X% against the previous year level. The total import volume increased at an average annual r...
