Malonylurea Price in South Korea - 2022
Contents:
- Malonylurea Price in South Korea (FOB) - 2022
- Malonylurea Price in South Korea (CIF) - 2022
- Malonylurea Exports in South Korea
- Malonylurea Imports in South Korea
Malonylurea Price in South Korea (FOB) - 2022
The average malonylurea export price stood at $1,215,124 per ton in 2022, with a decrease of -4.9% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2015 when the average export price increased by 138% against the previous year. As a result, the export price attained the peak level of $1,783 per kg. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +14.4% per year.
Malonylurea Price in South Korea (CIF) - 2022
The average malonylurea import price stood at $248,897 per ton in 2022, declining by -30.9% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 391% against the previous year. The import price peaked at $361,942 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 India ($646,000 per ton), while the price for Japan ($93,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Malonylurea Exports in South Korea
After three years of growth, shipments abroad of malonylureas decreased by -50% to 1.4 tons in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.
In value terms, malonylurea exports dropped significantly to $1.7M in 2022. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 31%.
| Export of Malonylurea in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.3 | 3.1 | 3.5 | 1.7 | -9.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | 3.1 | 3.5 | 1.7 | -9.6% |
Top Export Markets for Malonylurea (Barbituric Acid) and Its Salts Thereof from South Korea in 2022:
- Thailand (1381.0 kg)
Malonylurea Imports in South Korea
Malonylurea imports into South Korea soared to 87 kg in 2022, increasing by 117% against the year before. In general, imports recorded a remarkable increase.
In value terms, malonylurea imports skyrocketed to $22K in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Malonylurea in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 4.1 | 3.5 | 6.4 | 24.7% |
| Germany | 2.2 | 1.4 | 2.0 | 2.4 | 2.9% |
| India | 2.3 | 2.1 | 2.0 | 1.9 | -6.2% |
| Japan | 1.0 | 0.6 | 0.4 | 0.8 | -7.2% |
| Belgium | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| United States | 1.7 | 0.2 | 0.1 | 0.1 | -61.1% |
| Others | 8.2 | 6.4 | 6.2 | 9.7 | 5.8% |
| Total | 18.8 | 14.9 | 14.4 | 21.7 | 4.9% |
Top Suppliers of Malonylurea (Barbituric Acid) and Its Salts Thereof to South Korea in 2022:
- China (22.0 kg)
- Japan (9.0 kg)
- Germany (4.0 kg)
- India (3.0 kg)
- Belgium (2.0 kg)
- United States (1.0 kg)
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