Republic of Korea - Organo-Sulphur Compounds - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Republic of Korea - Organo-Sulphur Compounds - Market Analysis, Forecast, Size, Trends And Insights

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Organo-Sulphur Compound Price in South Korea - 2022

Contents:

  1. Organo-Sulphur Compound Price in South Korea (CIF) - 2022
  2. Organo-Sulphur Compound Price in South Korea (FOB) - 2022
  3. Organo-Sulphur Compound Imports in South Korea
  4. Organo-Sulphur Compound Exports in South Korea

Organo-Sulphur Compound Price in South Korea (CIF) - 2022

In 2022, the average organo-sulphur compound import price amounted to $5,039 per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. The import price peaked at $5,205 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($42,779 per ton), while the price for Spain ($2,341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Organo-Sulphur Compound Price in South Korea (FOB) - 2022

In 2022, the average organo-sulphur compound export price amounted to $6,699 per ton, picking up by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,357 per ton), while the average price for exports to Malaysia ($3,874 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 Brazil (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Sulphur Compound Imports in South Korea

In 2022, the amount of organo-sulphur compounds imported into South Korea totaled 164K tons, standing approx. at the year before. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.6% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, organo-sulphur compound imports expanded rapidly to $829M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Organo-Sulphur Compound in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12411816318313.9%
Japan70.262.574.280.74.8%
India51.537.656.863.47.2%
United States25.827.229.732.88.3%
Malaysia15.616.920.123.715.0%
Germany8.07.211.612.315.4%
Belgium7.06.02.65.8-6.1%
Singapore7.96.710.75.4-11.9%
Others3263003714229.0%
Total6365827398299.2%

Top Suppliers of Organo-Sulphur Compound to South Korea in 2022:

  1. China (38.2K tons)
  2. India (14.4K tons)
  3. Japan (11.1K tons)
  4. Malaysia (9.8K tons)
  5. United States (8.8K tons)
  6. Singapore (2.2K tons)
  7. Germany (1.7K tons)
  8. Belgium (1.4K tons)

Organo-Sulphur Compound Exports in South Korea

In 2022, exports of organo-sulphur compounds from South Korea amounted to 44K tons, approximately mirroring 2021 figures. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, organo-sulphur compound exports soared to $296M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +52.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Organo-Sulphur Compound in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.937.650.461.414.5%
Japan9.115.516.920.430.9%
Brazil15.511.313.916.92.9%
United States2.54.67.59.354.9%
Taiwan (Chinese)3.02.03.23.99.1%
Germany2.92.22.93.67.5%
Spain4.02.72.03.4-5.3%
Netherlands4.02.32.03.3-6.2%
Poland2.63.02.03.04.9%
Romania2.04.10.82.710.5%
Malaysia1.01.11.11.39.1%
Others10810713316715.6%
Total19519423529614.9%

Top Export Markets for Organo-Sulphur Compound from South Korea in 2022:

  1. China (11.7K tons)
  2. Brazil (2.1K tons)
  3. Japan (2.1K tons)
  4. Taiwan (Chinese) (0.8K tons)
  5. United States (0.8K tons)
  6. Netherlands (0.5K tons)
  7. Germany (0.5K tons)
  8. Spain (0.5K tons)
  9. Romania (0.4K tons)
  10. Poland (0.4K tons)
  11. Malaysia (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organo-sulphur compound 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 20145133 - Thiocarbamates and dithiocarbamates, thiuram mono-, di- or tetrasulphides, methionine
  • Prodcom 20145139 - Other organo-sulphur compounds

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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