Price for Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea - 2022

Contents:

1. Price for Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea (CIF) - 2022
2. Price for Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea (FOB) - 2022
3. Imports of Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea
4. Exports of Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea

Price for Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea (CIF) - 2022

In 2022, the average import price for anti-knock preparations; other than those based on lead compoundses amounted to $8,998 per ton, with an increase of 15% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 36% against the previous year. The import price peaked at $11,776 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($16,319 per ton), while the price for Singapore ($4,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea (FOB) - 2022

In 2022, the average export price for anti-knock preparations; other than those based on lead compoundses amounted to $2,698 per ton, falling by -9.9% against the previous year. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 381% against the previous year. As a result, the export price attained the peak level of $14,231 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,494 per ton), while the average price for exports to Vietnam ($2,042 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 China (-5.3%), while the prices for the other major destinations experienced a decline.

Imports of Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea

In 2022, approx. 156 tons of anti-knock preparations; other than those based on lead compoundses were imported into South Korea; falling by -37.4% against 2021 figures. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of 249 tons, and then fell dramatically in the following year.

In value terms, imports of anti-knock preparations; other than those based on lead compoundses declined markedly to $1.4M in 2022. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year.

Top Suppliers of Anti-Knock Preparations; Other than Those Based On Lead Compounds to South Korea in 2022:

1. India (57.3 tons)
2. United States (54.9 tons)
3. Japan (37.7 tons)
4. Greece (3.0 tons)
5. Germany (1.1 tons)
6. United Kingdom (0.6 tons)

Exports of Anti-Knock Preparations; Other than Those Based On Lead Compounds in South Korea

In 2022, the amount of anti-knock preparations; other than those based on lead compoundses exported from South Korea skyrocketed to 323 tons, jumping by 15% on the previous year. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of anti-knock preparations; other than those based on lead compoundses expanded to $872K in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Anti-Knock Preparations; Other than Those Based On Lead Compounds from South Korea in 2022:

1. Vietnam (224.5 tons)
2. Philippines (58.0 tons)
3. India (16.1 tons)
4. Mexico (7.6 tons)
5. China (6.5 tons)
6. Russia (5.0 tons)

Source: IndexBox Market Intelligence Platform