Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea - 2022
Contents:
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (CIF) - 2022
- Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (FOB) - 2022
- Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea
- Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (CIF) - 2022
The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $4,486 per ton in December 2022, picking up by 6.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 50% m-o-m. As a result, import price reached the peak level of $5,198 per ton. From September 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,803 per ton), while the price for Malaysia ($2,301 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced a decline.
Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (FOB) - 2022
In 2022, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $6,393 per ton, surging by 62% against the previous year. Overall, the export price recorded tangible growth. Over the period under review, the average export prices attained the maximum at $11,597 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($68,035 per ton), while the average price for exports to India ($858 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 Singapore (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea
In 2022, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids into South Korea fell to 80K tons, waning by -14.7% on 2021. Overall, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 9.2%. As a result, imports reached the peak of 94K tons, and then reduced in the following year.
In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids declined to $336M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports attained the peak of $342M, and then dropped in the following year.
| Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 130 | 124 | 197 | 204 | 16.2% |
| Japan | 42.4 | 49.2 | 49.3 | 45.3 | 2.2% |
| Malaysia | 0.4 | 0.3 | 2.2 | 7.7 | 168.0% |
| Indonesia | 4.2 | 5.2 | 8.4 | 7.5 | 21.3% |
| Saudi Arabia | 1.7 | 3.3 | 6.4 | 7.2 | 61.8% |
| Others | 86.0 | 65.4 | 78.7 | 64.5 | -9.1% |
| Total | 265 | 247 | 342 | 336 | 8.2% |
Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to South Korea in 2022:
- China (57.8K tons)
- Japan (8.8K tons)
- Saudi Arabia (3.9K tons)
- Indonesia (3.0K tons)
- Malaysia (2.8K tons)
Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea
In 2022, after three years of growth, there was significant decline in overseas shipments of carboxyamide-function compounds; amide-function compounds of carbonic acids, when their volume decreased by -44.8% to 15K tons. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, the exports attained the peak of 28K tons, and then contracted sharply in the following year.
In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids dropped to $99M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38%. As a result, the exports reached the peak of $111M, and then fell in the following year.
| Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.7 | 13.7 | 19.7 | 18.1 | 9.7% |
| United States | 14.5 | 12.0 | 16.6 | 14.7 | 0.5% |
| Japan | 15.0 | 17.0 | 17.9 | 12.3 | -6.4% |
| Taiwan (Chinese) | 4.5 | 3.7 | 4.2 | 5.2 | 4.9% |
| Thailand | 2.4 | 5.5 | 3.8 | 4.7 | 25.1% |
| Australia | 3.2 | 2.6 | 4.8 | 3.7 | 5.0% |
| Netherlands | 2.3 | 1.3 | 1.6 | 2.3 | 0.0% |
| Vietnam | 0.4 | 0.4 | 0.9 | 2.0 | 71.0% |
| Turkey | 0.6 | 0.9 | 2.6 | 1.7 | 41.5% |
| India | 1.3 | 3.5 | 10.8 | 1.3 | 0.0% |
| Others | 14.9 | 19.5 | 27.7 | 32.8 | 30.1% |
| Total | 73.1 | 80.1 | 111 | 98.7 | 10.5% |
Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from South Korea in 2022:
- Australia (3.9K tons)
- China (3.0K tons)
- Taiwan (Chinese) (1.6K tons)
- India (1.5K tons)
- United States (1.1K tons)
- Vietnam (0.9K tons)
- Turkey (0.4K tons)
- Netherlands (0.3K tons)
- Japan (0.2K tons)
- Thailand (0.2K tons)
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