Price for Ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ether in South Korea - 2022

Contents:

1. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea (CIF) - 2022
2. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea (FOB) - 2022
3. Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea
4. Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea (CIF) - 2022

The average import price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers stood at $3,755 per ton in 2022, growing by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2018 an increase of 16%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($45,092 per ton), while the price for India ($3,175 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 (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea (FOB) - 2022

In December 2022, the average export price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $7,040 per ton, with a decrease of -15.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 376% m-o-m. As a result, the export price attained the peak level of $34,273 per ton. From August 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Taiwan (Chinese) ($56,500 per ton), while the average price for exports to Thailand ($6,966 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+25.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea

In 2022, the amount of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers imported into South Korea skyrocketed to 425 tons, with an increase of 27% against 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers skyrocketed to $1.6M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether to South Korea in 2022:

1. China (374.2 tons)
2. Germany (23.3 tons)
3. India (21.0 tons)

Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in South Korea

Exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers from South Korea surged to 47 tons in 2022, jumping by 190% compared with the previous year's figure. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers skyrocketed to $337K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether from South Korea in 2022:

1. Thailand (31.8 tons)
2. Vietnam (7.1 tons)
3. Malaysia (2.7 tons)
4. Taiwan (Chinese) (2.6 tons)
5. Hong Kong SAR (2.4 tons)

Source: IndexBox Market Intelligence Platform