Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea - 2022

Contents:

  1. Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (CIF) - 2022
  2. Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (FOB) - 2022
  3. Imports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea
  4. Exports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea

Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (CIF) - 2022

In December 2022, the average import price for organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses amounted to $3,343 per ton, increasing by 8.6% against the previous month. In general, the import price, however, recorded a slight slump. The pace of growth was the most pronounced in October 2022 when the average import price increased by 38% month-to-month. Over the period under review, average import prices hit record highs at $5,409 per ton in February 2022; however, from March 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 Japan ($8,231 per ton), while the price for China ($3,290 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 France (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (FOB) - 2022

The average export price for organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses stood at $7,169 per ton in 2022, increasing by 19% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses increased by +33.7% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 32% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($15,303 per ton), while the average price for exports to Myanmar ($2,013 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 (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea

Imports of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses into South Korea declined significantly to 548 tons in 2022, with a decrease of -26.1% compared with 2021 figures. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 23%.

In value terms, imports of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses dropped sharply to $1.9M in 2022. In general, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports attained the peak of $2.5M, and then declined dramatically in the following year.

Import of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5801,1982,0321,6391.2%
Japan290196241183-14.2%
France18343.760.352.5-34.0%
Others15313713769.2-23.2%
Total2,2061,5752,4701,943-4.1%

Top Suppliers of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides to South Korea in 2022:

  1. China (498.8 tons)
  2. Japan (28.3 tons)
  3. France (9.0 tons)

Exports of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea

In 2022, shipments abroad of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses was finally on the rise to reach 9.9 tons after two years of decline. In general, exports, however, showed a sharp decline.

In value terms, exports of organo-sulphur compounds; thiuram mono-, di- or tetrasulphideses skyrocketed to $71K in 2022. Overall, exports, however, faced a precipitous contraction.

Export of Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam15685.239.043.9-34.5%
United Arab EmiratesN/AN/AN/A16.80%
Bangladesh4.67.45.75.24.2%
Poland2.30.95.02.52.8%
MyanmarN/AN/A1.12.081.8%
India5.60.1N/A0.3-62.3%
United States9.05.40.80.3-67.8%
Russia13.810.85.8N/A-35.2%
Others1.73.20.70.4-38.3%
Total19311358.171.3-28.2%

Top Export Markets for Organo-Sulphur Compounds; Thiuram Mono-, Di- or Tetrasulphides from South Korea in 2022:

  1. Vietnam (6.4 tons)
  2. United Arab Emirates (1.1 tons)
  3. Myanmar (1.0 tons)
  4. Bangladesh (0.9 tons)
  5. Poland (0.4 tons)
  6. India (0.1 tons)
  7. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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