Republic of Korea - Sulphides, Polysulphides, Dithionites And Sulphoxylates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sulphides, Dithionites and Sulphoxylates in South Korea - 2022
Contents:
- Price for Sulphides, Dithionites and Sulphoxylates in South Korea (CIF) - 2022
- Price for Sulphides, Dithionites and Sulphoxylates in South Korea (FOB) - 2022
- Imports of Sulphides, Dithionites and Sulphoxylates in South Korea
- Exports of Sulphides, Dithionites and Sulphoxylates in South Korea
Price for Sulphides, Dithionites and Sulphoxylates in South Korea (CIF) - 2022
In December 2022, the average sulphides, dithionites and sulphoxylates import price amounted to $1,522 per ton, increasing by 64% against the previous month. Over the period under review, the import price enjoyed a moderate increase. The most prominent rate of growth was recorded in February 2022 an increase of 117% month-to-month. As a result, import price reached the peak level of $2,470 per ton. From March 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,143 per ton), while the price for China ($780 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 Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sulphides, Dithionites and Sulphoxylates in South Korea (FOB) - 2022
The average sulphides, dithionites and sulphoxylates export price stood at $1,945 per ton in December 2022, dropping by -4.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in November 2022 an increase of 30% month-to-month. The export price peaked at $2,220 per ton in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,065 per ton), while the average price for exports to Bangladesh ($1,331 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphides, Dithionites and Sulphoxylates in South Korea
In 2022, sulphides, dithionites and sulphoxylates imports into South Korea surged to 46K tons, increasing by 47% on 2021. Over the period under review, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphides, dithionites and sulphoxylates imports surged to $43M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sulphides, Dithionites and Sulphoxylates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.3 | 8.9 | 13.3 | 20.3 | 21.6% |
| Germany | 2.1 | 2.3 | 3.2 | 3.0 | 12.6% |
| India | 2.6 | 2.6 | 3.5 | 2.9 | 3.7% |
| Japan | 1.5 | 1.1 | 0.8 | 1.1 | -9.8% |
| Others | 9.3 | 8.9 | 11.4 | 15.6 | 18.8% |
| Total | 26.8 | 23.9 | 32.3 | 42.9 | 17.0% |
Top Suppliers of Sulphides, Dithionites and Sulphoxylates to South Korea in 2022:
- China (42.5K tons)
- India (1.4K tons)
- Japan (0.8K tons)
- Germany (0.5K tons)
Exports of Sulphides, Dithionites and Sulphoxylates in South Korea
In 2022, sulphides, dithionites and sulphoxylates exports from South Korea reduced to 5K tons, with a decrease of -12.2% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year.
In value terms, sulphides, dithionites and sulphoxylates exports reached $9.5M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 35%.
| Export of Sulphides, Dithionites and Sulphoxylates in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,834 | 1,810 | 2,626 | 2,988 | 1.8% |
| Vietnam | 1,242 | 918 | 1,170 | 1,286 | 1.2% |
| Thailand | 1,069 | 301 | 251 | 766 | -10.5% |
| Bangladesh | 1,186 | 749 | 1,221 | 622 | -19.4% |
| Indonesia | 430 | 445 | 622 | 550 | 8.6% |
| United States | 330 | 320 | 533 | 481 | 13.4% |
| Italy | N/A | 46.3 | 237 | 470 | 218.6% |
| Pakistan | 495 | 830 | 450 | 356 | -10.4% |
| Turkey | N/A | 0.3 | 53.9 | 281 | 2960.5% |
| Peru | N/A | 20.6 | 197 | 242 | 242.7% |
| India | 504 | 2.3 | 172 | 211 | -25.2% |
| Mexico | 329 | 230 | 290 | 161 | -21.2% |
| Spain | N/A | 59.2 | 34.8 | 157 | 62.9% |
| Others | 1,160 | 844 | 1,032 | 972 | -5.7% |
| Total | 9,581 | 6,575 | 8,890 | 9,542 | -0.1% |
Top Export Markets for Sulphides, Dithionites and Sulphoxylates from South Korea in 2022:
- Japan (1499.1 tons)
- Vietnam (726.4 tons)
- Thailand (437.2 tons)
- Bangladesh (391.0 tons)
- Indonesia (261.4 tons)
- Italy (234.4 tons)
- Pakistan (218.5 tons)
- India (216.0 tons)
- United States (193.0 tons)
- Turkey (160.0 tons)
- Peru (144.0 tons)
- Spain (96.0 tons)
- Mexico (90.3 tons)
This report provides an in-depth analysis of the market for sulphides, dithionites and sulphoxylates 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 20134110 - Sulphides, polysulphides, whether or not chemically defined, d ithionites and sulphoxylates
- Prodcom 20134120 -
- Prodcom 20134111 -
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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