Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea
- Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea
Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,425 per ton in December 2022, approximately equating the previous month. Overall, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 2.5% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,965 per ton in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In December 2022, the highest price was recorded for prices to Portugal ($1,512 per ton) and Poland ($1,487 per ton), while the average price for exports to the Netherlands ($1,323 per ton) and Belgium ($1,330 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (0.0%), while the prices for the other major destinations experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $954 per ton in 2022, falling by -40.3% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 58%. The import price peaked at $1,906 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,498 per ton), while the price for the Netherlands stood at $952 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea
After two years of decline, shipments abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by 26% to 42K tons in 2022. In general, exports, however, recorded a abrupt curtailment.
In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses soared to $72M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 10.9 | 9.3 | 6.7 | 18.3 | 18.9% |
| United States | 19.1 | 10.7 | 12.3 | 12.0 | -14.4% |
| Cote d'Ivoire | N/A | 2.0 | 1.9 | 5.5 | 65.8% |
| Japan | 1.2 | 1.5 | 0.7 | 4.9 | 59.8% |
| Poland | 3.6 | 1.4 | 3.2 | 4.3 | 6.1% |
| Romania | 4.2 | 3.0 | 3.7 | 3.2 | -8.7% |
| United Kingdom | 2.5 | 0.9 | 1.4 | 2.8 | 3.8% |
| India | N/A | 2.9 | 1.7 | 2.4 | -9.0% |
| Germany | 2.0 | 1.0 | 1.8 | 2.4 | 6.3% |
| Italy | 2.0 | 1.2 | 0.6 | 2.1 | 1.6% |
| Greece | 0.1 | 1.2 | 1.5 | 1.9 | 166.8% |
| Turkey | 0.9 | 0.7 | 0.8 | 1.6 | 21.1% |
| Australia | 0.2 | 0.8 | 1.2 | 1.5 | 95.7% |
| Others | 17.7 | 21.2 | 22.9 | 8.8 | -20.8% |
| Total | 64.4 | 57.7 | 60.4 | 71.9 | 3.7% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from South Korea in 2022:
- United States (9.3K tons)
- Cote d'Ivoire (4.3K tons)
- Japan (4.2K tons)
- Poland (2.9K tons)
- Portugal (2.3K tons)
- Romania (2.1K tons)
- India (1.9K tons)
- United Kingdom (1.9K tons)
- Germany (1.7K tons)
- Italy (1.4K tons)
- Greece (1.4K tons)
- Australia (1.2K tons)
- Turkey (1.1K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea
In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -82.8% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of 17K tons, and then contracted significantly in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses contracted significantly to $2.7M in 2022. Over the period under review, imports saw a significant decline. The growth pace was the most rapid in 2021 with an increase of 147%. As a result, imports attained the peak of $27M, and then dropped significantly in the following year.
| Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.7 | 9.9 | 14.9 | 2.7 | 16.7% |
| China | 2.5 | 0.1 | N/A | N/A | -96.0% |
| Vietnam | N/A | 0.2 | 5.5 | N/A | 2650.0% |
| United States | 6.0 | 0.6 | 6.2 | N/A | 1.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.2 | 10.7 | 26.5 | 2.7 | -35.8% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to South Korea in 2022:
- Netherlands (2851.4 tons)
- China (6.0 tons)
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