Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea - 2022
Contents:
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (CIF) - 2022
- Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (FOB) - 2022
- Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea
- Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (CIF) - 2022
The average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses stood at $12,729 per ton in 2022, with an increase of 3.4% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses increased by +77.9% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 20%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 Germany ($45,564 per ton), while the price for the Netherlands ($1,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (FOB) - 2022
The average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses stood at $14,768 per ton in 2022, rising by 81% against the previous year. Over the period under review, the export price posted a temperate increase. Over the period under review, the average export prices attained the peak figure at $18,787 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 Japan ($34,699 per ton), while the average price for exports to India ($4,158 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 Brazil (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea
Imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses into South Korea totaled 123K tons in 2022, surging by 5.3% compared with 2021. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.8% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $1.6B in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 527 | 515 | 662 | 749 | 12.4% |
| Japan | 183 | 177 | 176 | 180 | -0.5% |
| India | 101 | 95.9 | 122 | 168 | 18.5% |
| United States | 79.3 | 121 | 133 | 123 | 15.8% |
| Germany | 112 | 118 | 112 | 111 | -0.3% |
| Israel | 15.0 | 13.0 | 16.6 | 23.0 | 15.3% |
| Russia | 1.4 | 1.6 | 1.0 | 14.6 | 118.5% |
| Belgium | 12.8 | 15.8 | 26.4 | 10.2 | -7.3% |
| Netherlands | 11.6 | 4.9 | 3.6 | 2.2 | -42.5% |
| Others | 141 | 173 | 187 | 186 | 9.7% |
| Total | 1,185 | 1,234 | 1,440 | 1,568 | 9.8% |
Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to South Korea in 2022:
- China (81.0K tons)
- Russia (8.0K tons)
- Japan (5.7K tons)
- United States (5.4K tons)
- Belgium (5.0K tons)
- Israel (4.4K tons)
- India (4.4K tons)
- Germany (2.4K tons)
- Netherlands (1.6K tons)
Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea
In 2022, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses from South Korea fell dramatically to 38K tons, which is down by -49.5% on the previous year. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 9.1%. As a result, the exports reached the peak of 75K tons, and then dropped sharply in the following year.
In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses shrank to $562M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of $614M, and then dropped in the following year.
| Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 109 | 135 | 168 | 130 | 6.0% |
| Japan | 92.3 | 126 | 109 | 122 | 9.7% |
| United States | 24.8 | 37.1 | 42.4 | 57.9 | 32.7% |
| Brazil | 23.8 | 26.1 | 41.3 | 41.2 | 20.1% |
| India | 69.6 | 34.7 | 87.0 | 35.4 | -20.2% |
| Germany | 16.9 | 11.5 | 19.1 | 20.6 | 6.8% |
| Belgium | 10.3 | 10.1 | 11.9 | 12.9 | 7.8% |
| Taiwan (Chinese) | 5.1 | 10.9 | 7.2 | 9.6 | 23.5% |
| Indonesia | 3.9 | 2.9 | 7.2 | 8.2 | 28.1% |
| Slovenia | 1.6 | 1.5 | 1.5 | 5.3 | 49.1% |
| Ireland | 37.0 | 23.2 | 25.8 | 3.8 | -53.2% |
| Others | 111 | 83.6 | 93.8 | 114 | 0.9% |
| Total | 506 | 503 | 614 | 562 | 3.6% |
Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from South Korea in 2022:
- China (10.7K tons)
- India (8.5K tons)
- United States (3.8K tons)
- Japan (3.5K tons)
- Brazil (1.7K tons)
- Taiwan (Chinese) (1.0K tons)
- Slovenia (0.9K tons)
- Belgium (0.9K tons)
- Germany (0.9K tons)
- Indonesia (0.8K tons)
- Ireland (0.2K tons)
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