Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea - 2022

Contents:

  1. Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (CIF) - 2022
  2. Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (FOB) - 2022
  3. Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea
  4. Exports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea

Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (CIF) - 2022

In 2022, the average import price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses amounted to $13,275 per ton, growing by 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue 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 ($35,907 per ton), while the price for Thailand ($1,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (FOB) - 2022

In 2022, the average export price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses amounted to $40,754 per ton, jumping by 27% against the previous year. Overall, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 38%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($170,987 per ton), while the average price for exports to Argentina ($4,674 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 Taiwan (Chinese) (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea

In 2022, approx. 35K tons of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses were imported into South Korea; which is down by -7.2% against the previous year's figure. The total import volume increased at an average annual rate of +6.0% over the period 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 2021 with an increase of 30%. As a result, imports reached the peak of 37K tons, and then contracted in the following year.

In value terms, imports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses skyrocketed to $460M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +73.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China84.375.715019131.3%
United States81.777.310111612.4%
Japan73.062.860.874.10.5%
Germany43.422.724.031.6-10.0%
India6.93.98.913.826.0%
Belgium3.33.73.77.732.6%
Thailand1.52.23.52.518.6%
United Kingdom4.22.21.91.5-29.1%
Others12.214.521.121.019.8%
Total31126537546013.9%

Top Suppliers of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds to South Korea in 2022:

  1. China (21.7K tons)
  2. United States (3.2K tons)
  3. Japan (2.9K tons)
  4. Germany (2.0K tons)
  5. Thailand (1.6K tons)
  6. Belgium (1.1K tons)
  7. India (0.9K tons)
  8. United Kingdom (0.4K tons)

Exports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea

In 2022, approx. 9.5K tons of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses were exported from South Korea; with an increase of 4.3% against the year before. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses skyrocketed to $387M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 37%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51.694.514319656.0%
Japan42.736.742.255.39.0%
Taiwan (Chinese)18.424.931.240.329.9%
Belgium10.017.715.621.028.1%
United States9.616.520.720.528.8%
Vietnam1.31.57.29.896.1%
India3.93.56.77.624.9%
Germany2.22.23.66.442.8%
Italy1.82.52.65.040.6%
Philippines0.40.30.72.173.8%
Spain0.80.71.31.728.6%
Australia2.61.31.91.3-20.6%
Argentina0.20.30.41.071.0%
Others20.810.316.019.2-2.6%
Total16621329338732.6%

Top Export Markets for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds from South Korea in 2022:

  1. Japan (2319.6 tons)
  2. China (1144.1 tons)
  3. Belgium (861.9 tons)
  4. United States (797.5 tons)
  5. Germany (610.6 tons)
  6. India (473.9 tons)
  7. Vietnam (407.1 tons)
  8. Italy (355.9 tons)
  9. Taiwan (Chinese) (291.3 tons)
  10. Philippines (270.4 tons)
  11. Spain (243.6 tons)
  12. Argentina (219.3 tons)
  13. Australia (191.0 tons)

Source: IndexBox Market Intelligence Platform

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