Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea - 2022
Contents:
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
- Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea
- Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $143,999 per ton in 2022, approximately equating the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 85%. The import price peaked at $175,326 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 China ($1,020,333 per ton), while the price for Indonesia ($128,723 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+52.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
In 2022, the average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $270,400 per ton, waning by -52.7% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2019 when the average export price increased by 101%. Over the period under review, the average export prices attained the maximum at $571,500 per ton in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($790,000 per ton), while the average price for exports to Sri Lanka ($25,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+61.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea
In 2022, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves into South Korea skyrocketed to 1.1 tons, with an increase of 124% on the previous year. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves surged to $156K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 54.0 | 54.1 | 56.5 | 121 | 30.9% |
| India | 1.8 | 10.8 | 1.2 | 17.7 | 114.2% |
| Japan | 2.4 | 2.2 | 4.1 | 1.8 | -9.1% |
| Others | 4.9 | 13.8 | 8.1 | 15.5 | 46.8% |
| Total | 63.1 | 80.9 | 69.9 | 156 | 35.2% |
Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to South Korea in 2022:
- Indonesia (940.0 kg)
- India (98.0 kg)
- Japan (14.0 kg)
Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea
In 2022, approx. 5 kg of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves were exported from South Korea; rising by 150% compared with the previous year. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves soared to $1.4K in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. As a result, the exports attained the peak of $1.5K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 635 | 445 | 877 | 790 | 7.6% |
| Taiwan (Chinese) | 308 | 923 | 266 | 459 | 14.2% |
| Singapore | 219 | N/A | N/A | 50.0 | -38.9% |
| Malaysia | N/A | N/A | N/A | 28.0 | 0% |
| Sri Lanka | N/A | N/A | N/A | 25.0 | 0% |
| Pakistan | N/A | 157 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,162 | 1,525 | 1,143 | 1,352 | 5.2% |
Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from South Korea in 2022:
- Sri Lanka (1.0 kg)
- Malaysia (1.0 kg)
- Thailand (1.0 kg)
- Taiwan (Chinese) (1.0 kg)
- Singapore (1.0 kg)
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