Price for Quinones; Other than Anthraquinone in South Korea - 2022
Contents:
- Price for Quinones; Other than Anthraquinone in South Korea (CIF) - 2022
- Price for Quinones; Other than Anthraquinone in South Korea (FOB) - 2022
- Imports of Quinones; Other than Anthraquinone in South Korea
- Exports of Quinones; Other than Anthraquinone in South Korea
Price for Quinones; Other than Anthraquinone in South Korea (CIF) - 2022
The average quinones; other than anthraquinone import price stood at $32,246 per ton in 2022, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25% against the previous year. The import price peaked at $34,138 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($37,372 per ton), while the price for Japan stood at $29,527 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%).
Price for Quinones; Other than Anthraquinone in South Korea (FOB) - 2022
In 2022, the average quinones; other than anthraquinone export price amounted to $24,178 per ton, falling by -26.6% against the previous year. In general, the export price recorded a mild decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 243% against the previous year. Over the period under review, the average export prices reached the peak figure at $165,321 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($24,359 per ton), while the average price for exports to China totaled $23,659 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.0%).
Imports of Quinones; Other than Anthraquinone in South Korea
In 2022, the amount of quinones; other than anthraquinones imported into South Korea shrank markedly to 225 tons, falling by -25.1% against 2021 figures. Overall, imports saw a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 301 tons, and then plummeted in the following year.
In value terms, quinones; other than anthraquinone imports declined rapidly to $7.3M in 2022. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $9.8M, and then dropped sharply in the following year.
| Import of Quinones; Other than Anthraquinone in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.3 | 3.4 | 6.5 | 5.0 | 5.2% |
| China | 3.3 | 2.9 | 3.0 | 2.1 | -14.0% |
| Others | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
| Total | 7.8 | 6.7 | 9.8 | 7.3 | -2.2% |
Top Suppliers of Quinones; Other than Anthraquinone to South Korea in 2022:
- Japan (168.3 tons)
- China (56.8 tons)
Exports of Quinones; Other than Anthraquinone in South Korea
In 2022, the amount of quinones; other than anthraquinones exported from South Korea surged to 19 tons, increasing by 136% on 2021 figures. Overall, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, quinones; other than anthraquinone exports soared to $468K in 2022. In general, exports, however, saw a pronounced contraction.
| Export of Quinones; Other than Anthraquinone in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 452 | 527 | 233 | 452 | 0.0% |
| Vietnam | 12.2 | 9.9 | 3.6 | 5.0 | -25.7% |
| Others | 46.6 | 21.1 | 33.7 | 11.1 | -38.0% |
| Total | 510 | 558 | 270 | 468 | -2.8% |
Top Export Markets for Quinones; Other than Anthraquinone from South Korea in 2022:
- China (19.1 tons)
- Vietnam (0.2 tons)
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