Republic of Korea - Organic Surface-Active Products For Washing The Skin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Skin Organic Surface-Active Products in South Korea - 2022
Contents:
- Price for Skin Organic Surface-Active Products in South Korea (FOB) - 2022
- Price for Skin Organic Surface-Active Products in South Korea (CIF) - 2022
- Exports of Skin Organic Surface-Active Products in South Korea
- Imports of Skin Organic Surface-Active Products in South Korea
Price for Skin Organic Surface-Active Products in South Korea (FOB) - 2022
In 2022, the average skin organic surface-active products export price amounted to $8,367 per ton, declining by -18.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $10,497 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($12,422 per ton), while the average price for exports to Myanmar ($2,300 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.
Price for Skin Organic Surface-Active Products in South Korea (CIF) - 2022
The average skin organic surface-active products import price stood at $8,579 per ton in December 2022, with an increase of 20% against the previous month. In general, the import price, however, recorded a mild decrease. The growth pace was the most rapid in August 2022 when the average import price increased by 52% m-o-m. The import price peaked at $11,080 per ton in January 2022; however, from February 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 Australia ($40,060 per ton), while the price for China ($2,187 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 Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Skin Organic Surface-Active Products in South Korea
In 2022, approx. 30K tons of organic surface-active products for washing the skin were exported from South Korea; picking up by 9.2% on the previous year. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 67%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, skin organic surface-active products exports dropped to $249M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year.
| Export of Skin Organic Surface-Active Products in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 70.5 | 118 | 150 | 131 | 22.9% |
| United States | 12.8 | 25.3 | 20.3 | 16.1 | 7.9% |
| Vietnam | 6.9 | 11.7 | 15.3 | 14.0 | 26.6% |
| Japan | 7.0 | 16.2 | 14.1 | 12.5 | 21.3% |
| Taiwan (Chinese) | 9.9 | 9.3 | 10.8 | 11.3 | 4.5% |
| Russia | 3.1 | 5.2 | 7.6 | 9.1 | 43.2% |
| Malaysia | 5.6 | 6.1 | 7.0 | 8.3 | 14.0% |
| Hong Kong SAR | 12.5 | 14.2 | 13.5 | 8.1 | -13.5% |
| Singapore | 4.5 | 10.7 | 6.2 | 5.7 | 8.2% |
| Thailand | 5.1 | 6.4 | 6.8 | 4.4 | -4.8% |
| Australia | 4.4 | 3.9 | 2.2 | 2.2 | -20.6% |
| Myanmar | N/A | 0.1 | 0.1 | 1.7 | 312.3% |
| Others | 13.8 | 16.3 | 24.6 | 24.5 | 21.1% |
| Total | 156 | 243 | 278 | 249 | 16.9% |
Top Export Markets for Skin Organic Surface-Active Products from South Korea in 2022:
- China (12.5K tons)
- Vietnam (4.9K tons)
- United States (2.2K tons)
- Taiwan (Chinese) (1.7K tons)
- Hong Kong SAR (1.3K tons)
- Japan (1.1K tons)
- Russia (0.9K tons)
- Myanmar (0.7K tons)
- Malaysia (0.7K tons)
- Singapore (0.6K tons)
- Thailand (0.4K tons)
- Australia (0.3K tons)
Imports of Skin Organic Surface-Active Products in South Korea
For the fourth year in a row, South Korea recorded growth in supplies from abroad of organic surface-active products for washing the skin, which increased by 7.3% to 12K tons in 2022. The total import volume increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, skin organic surface-active products imports reached $102M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Skin Organic Surface-Active Products in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.1 | 27.4 | 28.8 | 22.9 | -1.7% |
| Australia | 3.0 | 4.2 | 9.0 | 15.1 | 71.4% |
| France | 9.1 | 9.4 | 13.9 | 13.7 | 14.6% |
| Japan | 5.4 | 4.7 | 7.6 | 13.4 | 35.4% |
| China | 5.4 | 9.5 | 9.9 | 9.9 | 22.4% |
| Thailand | 1.7 | 2.2 | 5.6 | 8.4 | 70.3% |
| United Kingdom | 3.9 | 4.3 | 5.4 | 4.8 | 7.2% |
| Italy | 1.0 | 1.5 | 2.0 | 3.4 | 50.4% |
| Germany | 1.1 | 3.1 | 1.8 | 2.1 | 24.1% |
| Malaysia | 0.9 | 1.0 | 1.6 | 2.0 | 30.5% |
| Canada | 1.6 | 1.2 | 1.0 | 1.3 | -6.7% |
| Sweden | 0.4 | 0.9 | 1.3 | 1.1 | 40.1% |
| Netherlands | 1.0 | 1.2 | 0.6 | 0.8 | -7.2% |
| Others | 2.3 | 2.4 | 3.0 | 3.2 | 11.6% |
| Total | 60.8 | 73.2 | 91.5 | 102 | 18.8% |
Top Suppliers of Skin Organic Surface-Active Products to South Korea in 2022:
- China (3771.2 tons)
- United States (1836.0 tons)
- Thailand (1256.0 tons)
- Japan (1132.9 tons)
- France (754.4 tons)
- Malaysia (689.6 tons)
- Australia (387.6 tons)
- Germany (387.6 tons)
- United Kingdom (356.0 tons)
- Sweden (350.9 tons)
- Netherlands (297.2 tons)
- Italy (223.7 tons)
- Canada (207.9 tons)
This report provides an in-depth analysis of the market for skin organic surface-active products 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 20421930 - Organic surface-active products and preparations for washing the skin, whether or not containing soap, p.r.s.
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
-
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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