Republic of Korea - O-Xylene - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingO-Xylene Price in South Korea - 2022
Contents:
- O-Xylene Price in South Korea (FOB) - 2022
- O-Xylene Price in South Korea (CIF) - 2022
- O-Xylene Exports in South Korea
- O-Xylene Imports in South Korea
O-Xylene Price in South Korea (FOB) - 2022
The average o-xylene export price stood at $1,116 per ton in 2022, picking up by 36% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the maximum at $1,468 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($1,204 per ton) and the United States ($1,163 per ton), while the average price for exports to India ($986 per ton) and China ($1,059 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 Pakistan (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
O-Xylene Price in South Korea (CIF) - 2022
The average o-xylene import price stood at $1,051 per ton in 2022, rising by 19% against the previous year. Overall, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. The import price peaked at $1,497 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,181 per ton), while the price for Japan stood at $1,053 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.5%), while the prices for the other major suppliers experienced a decline.
O-Xylene Exports in South Korea
After two years of decline, shipments abroad of o-xylene increased by 132% to 86K tons in 2022. Over the period under review, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, o-xylene exports skyrocketed to $96M in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of O-Xylene in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.1 | N/A | 3.0 | 26.3 | 29.5% |
| Belgium | N/A | N/A | N/A | 18.2 | 0% |
| United States | N/A | 4.4 | N/A | 17.3 | 98.3% |
| China | 19.6 | 21.6 | 9.6 | 12.3 | -14.4% |
| Pakistan | 1.9 | N/A | 2.3 | 9.0 | 67.9% |
| Taiwan (Chinese) | 18.4 | 4.5 | 2.0 | 8.3 | -23.3% |
| India | 0.9 | N/A | 2.2 | 5.0 | 77.1% |
| Indonesia | 2.6 | N/A | 4.2 | N/A | 27.1% |
| United Arab Emirates | N/A | 1.1 | 4.5 | N/A | 309.1% |
| Italy | 5.2 | N/A | 1.8 | N/A | -41.2% |
| Others | 0.1 | N/A | 0.9 | N/A | 200.0% |
| Total | 60.7 | 31.6 | 30.5 | 96.3 | 16.6% |
Top Export Markets for O-Xylene from South Korea in 2022:
- Indonesia (undefinedK tons)
- Netherlands (24.2K tons)
- Belgium (15.2K tons)
- United States (14.9K tons)
- China (11.6K tons)
- Pakistan (7.9K tons)
- Taiwan (Chinese) (7.5K tons)
- India (5.0K tons)
O-Xylene Imports in South Korea
In 2022, after three years of growth, there was significant decline in supplies from abroad of o-xylene, when their volume decreased by -28.8% to 6.1K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 53%.
In value terms, o-xylene imports contracted to $6.4M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of $7.5M, and then declined in the following year.
| Import of O-Xylene in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.2 | 3.5 | 3.4 | 6.3 | 14.5% |
| Thailand | N/A | N/A | 2.5 | N/A | 0% |
| United States | N/A | 1.7 | N/A | N/A | 0% |
| Singapore | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 4.3 | 5.3 | 7.5 | 6.4 | 14.2% |
Top Suppliers of O-Xylene to South Korea in 2022:
- United States (undefinedK tons)
- Japan (6.0K tons)
This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene
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
311
This report provides an in-depth analysis of the o-xylene market in Republic of Korea.
599
This report provides an in-depth analysis of the cyclic hydrocarbons market in Republic of Korea.
842
This report provides an in-depth analysis of the benzene market in Republic of Korea.
386
This report provides an in-depth analysis of the cumene market in Republic of Korea.
335
This report provides an in-depth analysis of the market for cyclanes, cyclenes and cycloterpenes in Republic of Korea.
370
This report provides an in-depth analysis of the cyclohexane market in Republic of Korea.
285
This report provides an in-depth analysis of the ethylbenzene market in Republic of Korea.
370
This report provides an in-depth analysis of the m-xylene and xylenes market in Republic of Korea.
104
This report provides an in-depth analysis of the cyclic hydrocarbons market in Republic of Korea.
384
This report provides an in-depth analysis of the p-xylene market in Republic of Korea.
753
From January-October 2021, South Korea supplied abroad 2.0M tons of benzene, which was 10% more than in the same period a year earlier. Due to rising prices, exports in value terms spiked more than twofold, reaching $1.8B. Most of the increment was provided by expanded supplies to China and Japan. By the end of this year, the total value of benzene exported from Korea could exceed $2.2B, setting a new record.
213
Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
693
From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
2840
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
1909
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
2135
The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amountin
1240
In value terms, petroleum oils and crude bituminous minerals oils imports amounted to $X in 2016. Overall, petroleum oils and crude bituminous minerals oils imports continue to indicate a abrupt co...
1217
In value terms, petroleum oils and not crude bituminous minerals oils imports stood at $X in 2016. In general, petroleum oils and not crude bituminous minerals oils imports continue to indicate a m...
1036
In value terms, petroleum oils and crude bituminous minerals oils exports stood at $X in 2016. Overall, petroleum oils and crude bituminous minerals oils exports continue to indicate a deep setback...
918
In value terms, petroleum oils and not crude bituminous minerals oils exports totaled $X in 2016. In general, petroleum oils and not crude bituminous minerals oils exports continue to indicate a sl...
