Price for Halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzene in South Korea - 2022

Contents:

1. Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea (FOB) - 2022
2. Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea (CIF) - 2022
3. Exports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea
4. Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea

Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea (FOB) - 2022

The average export price for halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes stood at $1,063 per ton in December 2022, declining by -1.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $1,335 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 external markets. In December 2022, the country with the highest price was Japan ($1,085 per ton), while the average price for exports to Pakistan stood at $579 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+1.7%).

Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea (CIF) - 2022

In 2022, the average import price for halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes amounted to $1,600 per ton, jumping by 31% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $1,739 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,520 per ton), while the price for Poland ($1,354 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea

Exports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes from South Korea reached 14K tons in 2022, remaining relatively unchanged against 2021. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes soared to $16M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene from South Korea in 2022:

1. Japan (13.6K tons)

Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in South Korea

In 2022, the amount of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes imported into South Korea fell rapidly to 1.4K tons, waning by -22.3% on the year before. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of 1.7K tons, and then dropped notably in the following year.

In value terms, imports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes amounted to $2.2M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene to South Korea in 2022:

1. Japan (580.9 tons)
2. Poland (379.1 tons)
3. India (249.7 tons)
4. Germany (106.7 tons)
5. China (40.1 tons)

Source: IndexBox Market Intelligence Platform