Republic of Korea: Polymer Ion-Exchangers Market 2024

Polymer Ion-Exchangers Market Size in Republic of Korea

In 2022, the South Korean polymer ion-exchangers market increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption, however, showed a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Polymer Ion-Exchangers Exports

Exports from Republic of Korea

In 2022, approx. X tons of ion-exchangers based on synthetic or natural polymers in primary forms were exported from South Korea; jumping by X% compared with 2021. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, polymer ion-exchangers exports soared to $X in 2022. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main destinations of polymer ion-exchangers exports from South Korea, with a combined X% share of total exports. Indonesia, Taiwan (Chinese), Italy, Brazil, Australia, Vietnam, Turkey, Singapore, Israel and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for ion-exchangers based on synthetic or natural polymers in primary forms exports from South Korea, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average polymer ion-exchangers export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Brazil ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Polymer Ion-Exchangers Imports

Imports into Republic of Korea

Polymer ion-exchangers imports into South Korea skyrocketed to X tons in 2022, picking up by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polymer ion-exchangers imports surged to $X in 2022. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest polymer ion-exchangers supplier to South Korea, with a X% share of total imports. Moreover, polymer ion-exchangers imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Japan (X% per year).

In value terms, the largest polymer ion-exchangers suppliers to South Korea were Sweden ($X), China ($X) and Japan ($X), together accounting for X% of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polymer ion-exchangers import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polymer ion-exchangers import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform