Republic of Korea - Methylamine, Di- Or Trimethylamine And Their Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethylamine Price in South Korea - 2022
Contents:
- Methylamine Price in South Korea (FOB) - 2022
- Methylamine Price in South Korea (CIF) - 2022
- Methylamine Exports in South Korea
- Methylamine Imports in South Korea
Methylamine Price in South Korea (FOB) - 2022
The average methylamine export price stood at $1,320 per ton in December 2022, increasing by 3.6% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in January 2022 when the average export price increased by 17% against the previous month. Over the period under review, the average export prices attained the maximum in December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($1,733 per ton), while the average price for exports to the Philippines ($1,058 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 Israel (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Methylamine Price in South Korea (CIF) - 2022
In 2022, the average methylamine import price amounted to $2,994 per ton, increasing by 16% against the previous year. In general, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 52% against the previous year. The import price peaked at $4,915 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,566 per ton), while the price for India ($1,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Methylamine Exports in South Korea
In 2022, shipments abroad of methylamine, di- or trimethylamine and their salts decreased by -8% to 23K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year.
In value terms, methylamine exports surged to $28M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Methylamine in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 3.7 | 4.4 | 7.9 | 10.0 | 39.3% |
| Australia | 0.5 | 2.4 | 2.9 | 4.7 | 111.0% |
| Colombia | 0.5 | 0.6 | 1.3 | 3.1 | 83.7% |
| China | N/A | N/A | 0.8 | 2.3 | 187.5% |
| Indonesia | 0.6 | 0.9 | 1.6 | 2.2 | 54.2% |
| Israel | 1.7 | 1.7 | 2.6 | 1.7 | 0.0% |
| Malaysia | 0.7 | 0.8 | 1.2 | 1.2 | 19.7% |
| Japan | 1.0 | 1.1 | 1.6 | 1.1 | 3.2% |
| Brazil | 0.9 | 1.1 | 0.6 | 0.7 | -8.0% |
| Others | 1.1 | 1.1 | 0.9 | 1.0 | -3.1% |
| Total | 10.7 | 14.2 | 21.2 | 27.9 | 37.6% |
Top Export Markets for Methylamine from South Korea in 2022:
- Philippines (9.2K tons)
- Australia (3.9K tons)
- Colombia (2.0K tons)
- Indonesia (1.6K tons)
- Israel (1.5K tons)
- China (1.5K tons)
- Malaysia (0.9K tons)
- Japan (0.8K tons)
- Brazil (0.4K tons)
Methylamine Imports in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of methylamine, di- or trimethylamine and their salts, when their volume decreased by -19.4% to 1.9K tons. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, imports attained the peak of 2.4K tons, and then fell sharply in the following year.
In value terms, methylamine imports fell to $5.8M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $6.2M, and then contracted in the following year.
| Import of Methylamine in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 773 | 1,763 | 3,698 | 2,993 | 57.0% |
| Japan | 1,737 | 1,910 | 923 | 758 | -24.1% |
| China | 147 | 105 | 462 | 699 | 68.2% |
| Germany | 162 | 369 | 544 | 610 | 55.6% |
| India | 471 | 267 | 353 | 313 | -12.7% |
| Belgium | 0.8 | 0.2 | 40.8 | 249 | 577.7% |
| Others | 67.4 | 129 | 151 | 138 | 27.0% |
| Total | 3,358 | 4,543 | 6,172 | 5,760 | 19.7% |
Top Suppliers of Methylamine to South Korea in 2022:
- United States (1295.8 tons)
- India (260.6 tons)
- Japan (143.4 tons)
- China (84.6 tons)
- Germany (71.2 tons)
- Belgium (42.9 tons)
This report provides an in-depth analysis of the methylamine 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 20144113 - Methylamine, di- or trimethylamine and their salts
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
-
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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