Republic of Korea - Organic Surface Active Agents - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 25, 2024

Republic of Korea - Organic Surface Active Agents - Market Analysis, Forecast, Size, Trends and Insights

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Price for Organic Surface Active Agent in South Korea - 2021

Contents:

  1. Price for Organic Surface Active Agent in South Korea (FOB) - 2021
  2. Price for Organic Surface Active Agent in South Korea (CIF) - 2021
  3. Exports of Organic Surface Active Agent in South Korea
  4. Imports of Organic Surface Active Agent in South Korea

Price for Organic Surface Active Agent in South Korea (FOB) - 2021

The average organic surface active agent export price stood at $1,951 per ton in December 2021, with an increase of 5.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in March 2021 an increase of 5.1% against the previous month. The export price peaked in December 2021.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,860 per ton), while the average price for exports to Malaysia ($1,350 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Organic Surface Active Agent in South Korea (CIF) - 2021

In December 2021, the average organic surface active agent import price amounted to $3,841 per ton, rising by 7.5% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in March 2021 an increase of 21% m-o-m. Over the period under review, average import prices reached the peak figure in December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,410 per ton), while the price for Thailand ($1,295 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Organic Surface Active Agent in South Korea

Organic surface active agent exports from South Korea totaled 258K tons in 2022, remaining constant against the previous year's figure. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7%. As a result, the exports attained the peak of 260K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, organic surface active agent exports declined to $400M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of $437M, and then declined in the following year.

Export of Organic Surface Active Agent in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37.543.766.657.515.3%
United States35.043.640.838.43.1%
Japan35.835.139.734.2-1.5%
Vietnam11.611.523.019.719.3%
Philippines27.123.817.319.2-10.9%
Malaysia15.315.919.617.34.2%
Indonesia10.312.117.114.812.8%
Australia8.211.916.314.420.6%
Mozambique12.112.614.612.71.6%
Turkey11.48.69.110.0-4.3%
Bangladesh12.511.910.09.9-7.5%
Chile5.511.411.29.921.6%
Germany4.24.89.18.225.0%
Others1081171421347.5%
Total3353644374006.1%

Top Export Markets for Organic Surface Active Agent from South Korea in 2022:

  1. China (24.3K tons)
  2. Japan (23.2K tons)
  3. United States (19.1K tons)
  4. Philippines (16.8K tons)
  5. Malaysia (13.8K tons)
  6. Vietnam (13.4K tons)
  7. Mozambique (9.4K tons)
  8. Australia (9.3K tons)
  9. Bangladesh (9.0K tons)
  10. Indonesia (8.6K tons)
  11. Chile (8.0K tons)
  12. Turkey (7.0K tons)
  13. Germany (5.6K tons)

Imports of Organic Surface Active Agent in South Korea

In 2022, after three years of growth, there was significant decline in purchases abroad of organic surface active agents, when their volume decreased by -6.8% to 59K tons. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 64K tons, and then reduced in the following year.

In value terms, organic surface active agent imports fell to $193M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $216M, and then shrank in the following year.

Import of Organic Surface Active Agent in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.140.156.449.213.0%
Japan50.243.453.046.7-2.4%
United States34.137.846.241.97.1%
Germany14.117.819.717.57.5%
Thailand8.46.46.76.3-9.1%
Singapore4.64.45.04.60.0%
Indonesia3.23.24.84.411.2%
Malaysia1.91.24.23.724.9%
Others13.614.820.218.410.6%
Total1641692161935.6%

Top Suppliers of Organic Surface Active Agent to South Korea in 2022:

  1. China (18.2K tons)
  2. United States (12.0K tons)
  3. Japan (9.0K tons)
  4. Thailand (5.9K tons)
  5. Germany (2.8K tons)
  6. Indonesia (2.4K tons)
  7. Malaysia (2.3K tons)
  8. Singapore (1.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for organic surface active agent 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 20412020 - Anionic surface-active agents (excluding soap)
  • Prodcom 20412030 - Cationic surface-active agents (excluding soap)
  • Prodcom 20412050 - Non-ionic surface-active agents (excluding soap)
  • Prodcom 20412090 - Organic surface-active agents (excluding soap, anionic, c ationic, non-ionic)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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