Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Korea - 2022
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (CIF) - 2022
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (FOB) - 2022
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea
- Exports of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea
Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (CIF) - 2022
The average pharmaceutical goods; waste pharmaceuticals import price stood at $73,848 per ton in 2022, declining by -63.6% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 466%. As a result, import price reached the peak level of $202,678 per ton, and then fell notably in the following year.
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 Switzerland ($420,091 per ton), while the price for the United States ($48,643 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (FOB) - 2022
The average pharmaceutical goods; waste pharmaceuticals export price stood at $883,435 per ton in 2022, with a decrease of -49.8% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 186% against the previous year. The export price peaked at $2,832,074 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($1,459,500 per ton), while the average price for exports to Vietnam ($14,286 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 Thailand (+1,158.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea
In 2022, purchases abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -40.8% to 138 kg, falling for the second consecutive year after two years of growth. In general, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 358% against the previous year. As a result, imports reached the peak of 6.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pharmaceutical goods; waste pharmaceuticals imports declined sharply to $10K in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 105%. As a result, imports reached the peak of $225K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 10.9 | 6.1 | 42.3 | 4.6 | -25.0% |
| France | N/A | N/A | N/A | 2.2 | 0% |
| United States | 3.5 | 198 | 4.5 | 2.0 | -17.0% |
| Germany | 1.7 | N/A | N/A | 0.8 | -22.2% |
| China | N/A | 1.1 | N/A | 0.2 | -57.4% |
| Japan | 93.1 | 19.1 | 0.3 | N/A | -94.3% |
| Others | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Total | 109 | 225 | 47.2 | 10.2 | -54.6% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to South Korea in 2022:
- United States (42.0 kg)
- France (18.0 kg)
- Switzerland (11.0 kg)
- Germany (5.0 kg)
- China (5.0 kg)
Exports of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea
In 2022, approx. 147 kg of pharmaceutical goods; waste pharmaceuticalses were exported from South Korea; growing by 2,840% compared with 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pharmaceutical goods; waste pharmaceuticals exports surged to $130K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pharmaceutical Goods; Waste Pharmaceuticals in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Dominican Republic | N/A | N/A | 107 | 0% | |
| Thailand | N/A | 0.1 | 11.7 | 11600.0% | |
| Japan | N/A | N/A | 7.6 | 0% | |
| Lao People's Democratic Republic | N/A | N/A | 0.9 | 0% | |
| Vietnam | N/A | N/A | 0.1 | 0% | |
| Myanmar | 61.9 | 8.2 | N/A | -86.8% | |
| Madagascar | 10.1 | N/A | N/A | 0% | |
| Others | 4.5 | 0.5 | 2.3 | -28.5% | |
| Total | 76.5 | 8.8 | 130 | 30.4% | |
Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from South Korea in 2022:
- Dominican Republic (116.0 kg)
- Japan (11.0 kg)
- Thailand (8.0 kg)
- Vietnam (7.0 kg)
- Lao People's Democratic Republic (3.0 kg)
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