Quinones; Anthraquinone Price in South Korea - 2022

Contents:

1. Quinones; Anthraquinone Price in South Korea (CIF) - 2022
2. Quinones; Anthraquinone Price in South Korea (FOB) - 2022
3. Quinones; Anthraquinone Imports in South Korea
4. Quinones; Anthraquinone Exports in South Korea

Quinones; Anthraquinone Price in South Korea (CIF) - 2022

In 2022, the average quinones; anthraquinone import price amounted to $17,413 per ton, shrinking by -12.2% against the previous year. In general, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 92%. As a result, import price attained the peak level of $19,827 per ton, and then fell 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 Japan ($22,126 per ton), while the price for China amounted to $10,474 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.3%).

Quinones; Anthraquinone Price in South Korea (FOB) - 2022

In 2022, the average quinones; anthraquinone export price amounted to $41,922 per ton, with a decrease of -1.9% against the previous year. In general, the export price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 213%. The export price peaked at $42,718 per ton in 2021, and then shrank slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +30.4% per year.

Quinones; Anthraquinone Imports in South Korea

In 2022, supplies from abroad of quinones; anthraquinones decreased by -32.9% to 55 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 193% against the previous year. As a result, imports reached the peak of 81 tons, and then shrank significantly in the following year.

In value terms, quinones; anthraquinone imports reduced markedly to $950K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 463%. As a result, imports attained the peak of $1.6M, and then contracted dramatically in the following year.

Top Suppliers of Quinones; Anthraquinone to South Korea in 2022:

1. Japan (32.3 tons)
2. China (22.0 tons)

Quinones; Anthraquinone Exports in South Korea

After three years of growth, shipments abroad of quinones; anthraquinones decreased by -23.5% to 2.3 tons in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 7,091% against the previous year.

In value terms, quinones; anthraquinone exports contracted sharply to $96K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 12,663%.

Top Export Markets for Quinones; Anthraquinone from South Korea in 2022:

1. China (2.3 tons)

Source: IndexBox Market Intelligence Platform