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Republic of Korea - Compounds With Other Nitrogen Function (Excluding Isocyanates) - Market Analysis, Forecast, Size, Trends And Insights
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Republic of Korea: Overview of the Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2021

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Republic of Korea

The South Korean market for compounds with other nitrogen function (excluding isocyanates) surged to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in Republic of Korea

In value terms, compounds with other nitrogen function production skyrocketed to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Republic of Korea

In 2020, shipments abroad of compounds with other nitrogen function (excluding isocyanates) decreased by -X% to X tonnes, falling for the third consecutive year after five years of growth. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, compounds with other nitrogen function exports declined rapidly to $X in 2020. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

China (X tonnes) was the main destination for compounds with other nitrogen function exports from South Korea, accounting for a X% share of total exports. Moreover, compounds with other nitrogen function exports to China exceeded the volume sent to the second major destination, Japan (X tonnes), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, the largest markets for compounds with other nitrogen function exported from South Korea were China ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined X% share of total exports.

Japan (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average export price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price saw a pronounced decline. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Republic of Korea

In 2020, the amount of compounds with other nitrogen function (excluding isocyanates) imported into South Korea reduced to X tonnes, which is down by -X% compared with the year before. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, compounds with other nitrogen function imports totaled $X in 2020. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest compounds with other nitrogen function supplier to South Korea, accounting for a X% share of total imports. Moreover, compounds with other nitrogen function imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), sevenfold. China (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and China (+X% per year).

In value terms, the largest compounds with other nitrogen function suppliers to South Korea were Japan ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

Germany (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $X per tonne in 2020, jumping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for compounds with other nitrogen function (excluding isocyanates) in the world?
+
The countries with the highest volumes of compounds with other nitrogen function consumption in 2020 were China (90K tonnes), the U.S. (57K tonnes) and Lao People's Democratic Republic (30K tonnes), together comprising 39% of global consumption.
What are the largest producers of compounds with other nitrogen function (excluding isocyanates) in the world?
+
China (169K tonnes) constituted the country with the largest volume of compounds with other nitrogen function production, accounting for 38% of total volume. Moreover, compounds with other nitrogen function production in China exceeded the figures recorded by the second-largest producer, the U.S. (54K tonnes), threefold. The UK (29K tonnes) ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of compounds with other nitrogen function (excluding isocyanates) to Republic of Korea?
+
In value terms, Japan ($17M), Germany ($12M) and China ($1.9M) appeared to be the largest compounds with other nitrogen function suppliers to South Korea, with a combined 89% share of total imports.
What are the leading importers of compounds with other nitrogen function (excluding isocyanates) from Republic of Korea?
+
In value terms, China ($3M), Japan ($1.7M) and Taiwan (Chinese) ($209K) constituted the largest markets for compounds with other nitrogen function exported from South Korea worldwide, with a combined 96% share of total exports.
What is the average export price for compounds with other nitrogen function (excluding isocyanates) in Republic of Korea?
+
The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $7,037 per tonne in 2020, shrinking by -44.7% against the previous year.
What is the average import price for compounds with other nitrogen function (excluding isocyanates) in Republic of Korea?
+
The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $18,808 per tonne in 2020, picking up by 30% against the previous year.

Product coverage:
• Prodcom 20144490 - Compounds with other nitrogen function (excluding isocyanates)

This report provides an in-depth analysis of the market for compounds with other nitrogen function 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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