Republic of Korea - Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cyclanes, Cyclenes and Cycloterpenes in South Korea - 2022
Contents:
- Price for Cyclanes, Cyclenes and Cycloterpenes in South Korea (CIF) - 2022
- Price for Cyclanes, Cyclenes and Cycloterpenes in South Korea (FOB) - 2022
- Imports of Cyclanes, Cyclenes and Cycloterpenes in South Korea
- Exports of Cyclanes, Cyclenes and Cycloterpenes in South Korea
Price for Cyclanes, Cyclenes and Cycloterpenes in South Korea (CIF) - 2022
The average cyclanes, cyclenes and cycloterpenes import price stood at $4,245 per ton in December 2022, growing by 44% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $4,278 per ton in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6,123 per ton), while the price for China ($2,253 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 Taiwan (Chinese) (+21.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cyclanes, Cyclenes and Cycloterpenes in South Korea (FOB) - 2022
The average cyclanes, cyclenes and cycloterpenes export price stood at $1,262 per ton in 2022, which is down by -16.7% against the previous year. Overall, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,591 per ton in 2014; however, from 2015 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 Turkey ($1,959 per ton), while the average price for exports to China ($867 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 Turkey (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cyclanes, Cyclenes and Cycloterpenes in South Korea
In 2022, purchases abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) decreased by -9.8% to 37K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 126%.
In value terms, cyclanes, cyclenes and cycloterpenes imports fell to $89M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of $98M, and then dropped in the following year.
Import of Cyclanes, Cyclenes and Cycloterpenes in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 33.0 | 41.7 | 45.2 | 37.8 | 4.6% |
Belgium | 14.6 | 13.4 | 23.0 | 19.3 | 9.7% |
Japan | 14.7 | 10.4 | 20.4 | 17.1 | 5.2% |
Taiwan (Chinese) | 0.8 | 6.5 | 2.8 | 2.8 | 51.8% |
Others | 21.7 | 7.8 | 6.2 | 11.7 | -18.6% |
Total | 84.7 | 79.9 | 97.6 | 88.8 | 1.6% |
Top Suppliers of Cyclanes, Cyclenes and Cycloterpenes to South Korea in 2022:
- China (21.0K tons)
- Belgium (6.6K tons)
- Japan (5.3K tons)
- Taiwan (Chinese) (4.2K tons)
Exports of Cyclanes, Cyclenes and Cycloterpenes in South Korea
After two years of decline, shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 1.4% to 60K tons in 2022. In general, exports, however, continue to indicate a abrupt decrease.
In value terms, cyclanes, cyclenes and cycloterpenes exports declined rapidly to $76M in 2022. Over the period under review, exports, however, saw a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of $90M, and then contracted dramatically in the following year.
Export of Cyclanes, Cyclenes and Cycloterpenes in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.2 | 7.6 | 5.1 | 7.0 | -21.0% |
Mexico | 4.3 | 4.0 | 8.6 | 6.8 | 16.5% |
Thailand | 6.1 | 5.9 | 7.9 | 6.2 | 0.5% |
Belgium | 3.2 | 2.4 | 7.2 | 5.7 | 21.2% |
Turkey | 2.7 | 2.9 | 6.9 | 5.5 | 26.8% |
Netherlands | 7.8 | 5.4 | 6.9 | 5.4 | -11.5% |
United States | 6.1 | 3.9 | 6.5 | 5.2 | -5.2% |
India | 5.5 | 5.3 | 5.8 | 4.6 | -5.8% |
United Kingdom | 3.6 | 1.1 | 5.4 | 4.2 | 5.3% |
Vietnam | 5.1 | 3.9 | 3.1 | 3.1 | -15.3% |
Brazil | 2.6 | 1.7 | 3.6 | 2.8 | 2.5% |
Indonesia | 3.3 | 2.4 | 3.0 | 2.3 | -11.3% |
Taiwan (Chinese) | 3.0 | 1.5 | 1.8 | 1.6 | -18.9% |
Others | 17.8 | 14.2 | 18.6 | 15.8 | -3.9% |
Total | 85.1 | 62.3 | 90.1 | 76.2 | -3.6% |
Top Export Markets for Cyclanes, Cyclenes and Cycloterpenes from South Korea in 2022:
- China (8.0K tons)
- Netherlands (6.1K tons)
- United States (4.5K tons)
- Belgium (4.5K tons)
- Mexico (4.2K tons)
- India (4.2K tons)
- Thailand (4.1K tons)
- Vietnam (3.0K tons)
- Turkey (2.8K tons)
- United Kingdom (2.7K tons)
- Brazil (2.0K tons)
- Indonesia (2.0K tons)
- Taiwan (Chinese) (1.6K tons)
This report provides an in-depth analysis of the market for cyclanes, cyclenes and cycloterpenes 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 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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