Republic of Korea - Oxygen-Function Amino-Compounds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Oxygen-Function Amino-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Oxygen-Function Amino-Compound Price in South Korea - 2022

Contents:

  1. Oxygen-Function Amino-Compound Price in South Korea (CIF) - 2022
  2. Oxygen-Function Amino-Compound Price in South Korea (FOB) - 2022
  3. Oxygen-Function Amino-Compound Imports in South Korea
  4. Oxygen-Function Amino-Compound Exports in South Korea

Oxygen-Function Amino-Compound Price in South Korea (CIF) - 2022

The average oxygen-function amino-compound import price stood at $5,164 per ton in December 2022, declining by -6.9% against the previous month. In general, the import price showed a mild decrease. The most prominent rate of growth was recorded in April 2022 an increase of 32% m-o-m. As a result, import price reached the peak level of $6,968 per ton. From May 2022 to December 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was India ($9,760 per ton), while the price for Saudi Arabia ($818 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Oxygen-Function Amino-Compound Price in South Korea (FOB) - 2022

The average oxygen-function amino-compound export price stood at $5,520 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30% against the previous year. The export price peaked at $6,671 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($16,260 per ton), while the average price for exports to Colombia ($966 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 Norway (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports in South Korea

After three years of growth, purchases abroad of oxygen-function amino-compounds decreased by -5.4% to 71K tons in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19%.

In value terms, oxygen-function amino-compound imports shrank to $328M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $360M, and then reduced in the following year.

Import of Oxygen-Function Amino-Compound in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1491541921724.9%
United States27.334.237.933.36.8%
Japan36.226.635.932.0-4.0%
Germany23.922.428.425.92.7%
India21.821.019.720.7-1.7%
Saudi Arabia6.14.65.54.9-7.0%
Thailand1.43.34.14.547.6%
Malaysia1.93.93.93.826.0%
Others22.426.733.231.111.6%
Total2902963603284.2%

Top Suppliers of Oxygen-Function Amino-Compound to South Korea in 2022:

  1. China (26.4K tons)
  2. United States (7.6K tons)
  3. Germany (7.3K tons)
  4. Malaysia (6.0K tons)
  5. Saudi Arabia (5.8K tons)
  6. Japan (4.6K tons)
  7. Thailand (3.9K tons)
  8. India (1.5K tons)

Oxygen-Function Amino-Compound Exports in South Korea

After three years of growth, overseas shipments of oxygen-function amino-compounds decreased by -3.3% to 15K tons in 2022. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 18% against the previous year.

In value terms, oxygen-function amino-compound exports dropped modestly to $82M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 6%. As a result, the exports reached the peak of $85M, and then shrank in the following year.

Export of Oxygen-Function Amino-Compound in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.519.114.816.2-6.0%
Germany3.46.415.411.851.4%
Netherlands12.015.011.511.7-0.8%
Japan13.910.97.910.2-9.8%
United States5.46.27.16.45.8%
India4.15.03.64.0-0.8%
Indonesia1.41.42.42.216.3%
Norway1.81.41.81.7-1.9%
Vietnam1.11.71.01.35.7%
Thailand1.80.91.01.2-12.6%
Brazil0.40.20.30.614.5%
Peru0.10.61.10.571.0%
Colombia0.10.20.50.226.0%
Others12.411.116.514.55.4%
Total77.480.184.982.52.1%

Top Export Markets for Oxygen-Function Amino-Compound from South Korea in 2022:

  1. China (4.4K tons)
  2. Netherlands (2.1K tons)
  3. India (1.7K tons)
  4. United States (0.9K tons)
  5. Germany (0.7K tons)
  6. Japan (0.6K tons)
  7. Brazil (0.4K tons)
  8. Peru (0.3K tons)
  9. Indonesia (0.3K tons)
  10. Vietnam (0.3K tons)
  11. Colombia (0.3K tons)
  12. Norway (0.3K tons)
  13. Thailand (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen-function amino-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 20144233 - Monoethanolamine and its salts
  • Prodcom 20144235 - Diethanolamine and its salts
  • Prodcom 20144237 - Triethanolamine and its salts
  • Prodcom 20144239 - Amino-alcohols, their ethers and esters with only one oxygen function and their salts excluding monoethanolamine and its salts, diethanolamine and its salts, triethanolamine and its salts
  • Prodcom 20144290 - Oxygen-function amino-compounds (excluding aminoalcohols, t heir esters and ethers and salts thereof, lysine and its salts and esters, glutamic acid its salts and esters)

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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