Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea - 2022
Contents:
- Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (CIF) - 2022
- Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (FOB) - 2022
- Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea
- Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea
Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (CIF) - 2022
In 2022, the average import price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses amounted to $2,470 per ton, increasing by 7.7% against the previous year. In general, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, average import prices hit record highs at $3,642 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,019 per ton), while the price for Belgium ($1,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (FOB) - 2022
The average export price for organo-sulphur compounds; thiocarbamates and dithiocarbamateses stood at $4,767 per ton in 2022, shrinking by -2.6% against the previous year. Overall, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 212% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,604 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($6,325 per ton), while the average price for exports to Japan ($2,450 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 India (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea
In 2022, purchases abroad of organo-sulphur compounds; thiocarbamates and dithiocarbamateses decreased by -5.4% to 3.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.
In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates imports rose to $8.5M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.6 | 5.3 | 5.6 | 29.1% |
| India | 0.1 | 0.2 | 0.5 | 0.9 | 108.0% |
| Japan | 3.2 | 0.8 | 0.9 | 0.8 | -37.0% |
| Belgium | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| France | 0.9 | 0.4 | 0.1 | N/A | -66.7% |
| Others | 1.5 | 0.9 | 1.4 | 1.0 | -12.6% |
| Total | 8.3 | 6.1 | 8.4 | 8.5 | 0.8% |
Top Suppliers of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates to South Korea in 2022:
- China (3018.2 tons)
- India (144.0 tons)
- Japan (115.5 tons)
- Belgium (104.4 tons)
Exports of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea
In 2022, overseas shipments of organo-sulphur compounds; thiocarbamates and dithiocarbamateses decreased by -7.4% to 37 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 94% against the previous year. As a result, the exports attained the peak of 50 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, organo-sulphur compounds; thiocarbamates and dithiocarbamates exports reduced to $174K in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 32%. As a result, the exports reached the peak of $193K, and then dropped in the following year.
| Export of Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 59.2 | 80.0 | 84.8 | 81.3 | 11.2% |
| United States | 7.5 | 26.9 | 32.4 | 26.4 | 52.1% |
| Indonesia | 1.8 | 0.8 | N/A | 23.3 | 134.8% |
| China | 6.3 | 10.3 | 32.4 | 13.2 | 28.0% |
| Sri Lanka | 2.7 | 14.4 | 16.9 | 11.3 | 61.2% |
| Mexico | 3.4 | 4.5 | 2.9 | 6.6 | 24.7% |
| Taiwan (Chinese) | 0.8 | 1.0 | 6.9 | 5.3 | 87.8% |
| Russia | 3.2 | 6.7 | 15.3 | 2.9 | -3.2% |
| Others | 91.4 | 2.0 | 1.9 | 4.3 | -63.9% |
| Total | 176 | 147 | 193 | 174 | -0.4% |
Top Export Markets for Organo-Sulphur Compounds; Thiocarbamates and Dithiocarbamates from South Korea in 2022:
- Vietnam (19.4 tons)
- United States (5.1 tons)
- Indonesia (4.0 tons)
- Sri Lanka (2.8 tons)
- China (2.1 tons)
- Mexico (1.0 tons)
- Taiwan (Chinese) (0.9 tons)
- Russia (0.6 tons)
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