Feb 22, 2019

Republic of Korea - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Pyrethrum And Peppermint Market Overview 2019

Pyrethrum And Peppermint Market Size in Republic of Korea

The revenue of the pyrethrum and peppermint market in South Korea amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a remarkable growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pyrethrum and peppermint consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. The pyrethrum and peppermint consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Pyrethrum And Peppermint Exports from Republic of Korea

In 2017, approx. X tonnes of pyrethrum and peppermint were exported from South Korea; rising by X% against the previous year. In general, pyrethrum and peppermint exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when exports increased by X% against the previous year. In that year, the pyrethrum and peppermint exports reached their peak volume of X tonnes. From 2009 to 2017, growth of the pyrethrum and peppermint exports stood at a somewhat lower level.

In value terms, pyrethrum and peppermint exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the pyrethrum and peppermint exports attained their peak level of $X. From 2015 to 2017, growth of the pyrethrum and peppermint exports stood at a somewhat lower level.

Pyrethrum And Peppermint Exports by Country from Republic of Korea

China (X tonnes) was the main destination of pyrethrum and peppermint exports from South Korea, with a X% share of total exports. Moreover, pyrethrum and peppermint exports to China exceeded the volume sent to the second major destination, the U.S. (X tonnes), fourfold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Japan (-X% per year).

In value terms, largest markets for pyrethrum and peppermint exported from South Korea were China ($X), the U.S. ($X) and Japan ($X), together comprising X% of total exports.

China (+X% per year) recorded the highest growth rate of exports, among the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Pyrethrum And Peppermint Export Prices by Country in Republic of Korea

The average pyrethrum and peppermint export price stood at $X per tonne in 2017, surging by X% against the previous year. Overall, pyrethrum and peppermint export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. The export price peaked of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Japan ($X per kg), while average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to India (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports into Republic of Korea

Pyrethrum and peppermint imports into South Korea stood at X tonnes in 2017, coming down by -X% against the previous year. In general, pyrethrum and peppermint imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the pyrethrum and peppermint imports reached its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, pyrethrum and peppermint imports totaled $X in 2017. Overall, the total imports indicated a prominent growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pyrethrum and peppermint imports decreased by -X% against 2014 indices. Over the period under review, the pyrethrum and peppermint imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Pyrethrum And Peppermint Imports by Country into Republic of Korea

In 2017, China (X tonnes) constituted the largest pyrethrum and peppermint supplier to South Korea, with a X% share of total imports. Moreover, pyrethrum and peppermint imports from China exceeded the figures recorded by the second largest supplier, India (X tonnes), fivefold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Viet Nam (+X% per year).

In value terms, China ($X) constituted the largest supplier of pyrethrum and peppermint to South Korea, making up X% of total pyrethrum and peppermint imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2017, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Indonesia (+X% per year).

Pyrethrum And Peppermint Import Prices by Country in Republic of Korea

The average pyrethrum and peppermint import price stood at $X per tonne in 2017, going up by X% against the previous year. In general, pyrethrum and peppermint import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the average import prices for pyrethrum and peppermint reached its maximum level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Indonesia ($X per kg), while prices for pyrethrum and peppermint imports from Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Myanmar (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
pyrethrum.


This report provides an in-depth analysis of the pyrethrum and peppermint market 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:
• Republic of 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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