Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea - 2022
Contents:
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (FOB) - 2022
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (CIF) - 2022
- Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea
- Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (FOB) - 2022
In December 2021, the average export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $1,732 per ton, stabilizing at the previous month. In general, export price indicated a notable increase from January 2021 to December 2021: its price increased at an average monthly rate of +4.9% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) decreased by -5.3% against September 2021 indices. The growth pace was the most rapid in September 2021 an increase of 37% month-to-month. As a result, the export price attained the peak level of $1,829 per ton. From October 2021 to December 2021, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was China ($5,105 per ton), while the average price for exports to Pakistan ($850 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (CIF) - 2022
The average import price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) stood at $2,421 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $3,706 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,162 per ton), while the price for Singapore ($1,887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea
Exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) from South Korea amounted to 36K tons in 2022, increasing by 9% against 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +65.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) rose sharply to $49M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 77%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 3.1 | 13.6 | 15.3 | 53.9% |
| Japan | 8.6 | 6.0 | 7.2 | 8.2 | -1.6% |
| Vietnam | 2.5 | 3.0 | 5.5 | 6.2 | 35.4% |
| Indonesia | 2.2 | 3.2 | 3.9 | 4.4 | 26.0% |
| Malaysia | 1.2 | 2.0 | 2.7 | 3.1 | 37.2% |
| Pakistan | 0.5 | 0.8 | 1.8 | 2.0 | 58.7% |
| Australia | 0.7 | 0.9 | 1.7 | 1.9 | 39.5% |
| Philippines | 1.2 | 0.5 | 0.8 | 1.0 | -5.9% |
| United States | 0.4 | 0.9 | 0.9 | 1.0 | 35.7% |
| Thailand | 0.4 | 0.3 | 0.9 | 1.0 | 35.7% |
| Bangladesh | 0.1 | 0.5 | 0.6 | 0.7 | 91.3% |
| Russia | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Others | 2.0 | 2.6 | 2.5 | 3.1 | 15.7% |
| Total | 24.6 | 24.2 | 42.8 | 48.6 | 25.5% |
Top Export Markets for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) from South Korea in 2022:
- Japan (6.6K tons)
- Vietnam (6.4K tons)
- Indonesia (4.3K tons)
- China (3.6K tons)
- Malaysia (3.1K tons)
- Pakistan (2.3K tons)
- Australia (2.0K tons)
- Philippines (1.3K tons)
- Bangladesh (0.9K tons)
- United States (0.9K tons)
- Thailand (0.9K tons)
- Russia (0.5K tons)
Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea
In 2022, the amount of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) imported into South Korea expanded slightly to 3.6K tons, growing by 1.6% against 2021. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% 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 +81.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) rose slightly to $8.7M in 2022. Over the period under review, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year.
| Import of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,749 | 2,002 | 3,640 | 3,588 | 27.1% |
| Singapore | 25.7 | 6.7 | 1,187 | 1,170 | 257.1% |
| Japan | 2,256 | 931 | 1,019 | 1,004 | -23.7% |
| United States | 1,870 | 673 | 536 | 661 | -29.3% |
| India | 73.7 | 103 | 535 | 528 | 92.8% |
| Germany | 1,196 | 340 | 313 | 384 | -31.5% |
| Thailand | 1,409 | 184 | 294 | 358 | -36.7% |
| Indonesia | 16.7 | 36.8 | 305 | 301 | 162.2% |
| Others | 1,731 | 424 | 621 | 706 | -25.8% |
| Total | 10,327 | 4,700 | 8,451 | 8,701 | -5.6% |
Top Suppliers of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) to South Korea in 2022:
- China (1835.2 tons)
- Singapore (620.3 tons)
- India (257.1 tons)
- Thailand (163.4 tons)
- Indonesia (153.9 tons)
- Japan (140.3 tons)
- United States (116.6 tons)
- Germany (101.0 tons)
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