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Republic of Korea - Residues Of Starch Manufacture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarch Manufacture Residues Price in South Korea - 2022
Contents:
- Starch Manufacture Residues Price in South Korea (CIF) - 2022
- Starch Manufacture Residues Price in South Korea (FOB) - 2022
- Starch Manufacture Residues Imports in South Korea
- Starch Manufacture Residues Exports in South Korea
Starch Manufacture Residues Price in South Korea (CIF) - 2022
In December 2022, the average starch manufacture residues import price amounted to $292 per ton, increasing by 9% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $302 per ton in June 2022; however, from July 2022 to December 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +0.4% per month.
Starch Manufacture Residues Price in South Korea (FOB) - 2022
In December 2022, the average starch manufacture residues export price amounted to $844 per ton, picking up by 3.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 3.7% against the previous month. The export price peaked at $861 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In December 2022, the country with the highest price was Japan ($852 per ton), while the average price for exports to Vietnam stood at $800 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Starch Manufacture Residues Imports in South Korea
In 2022, after two years of decline, there was significant growth in purchases abroad of residues of starch manufacture, when their volume increased by 20% to 932K tons. Overall, imports, however, continue to indicate a noticeable slump.
In value terms, starch manufacture residues imports soared to $266M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Starch Manufacture Residues in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 169 | 191 | 204 | 265 | 16.2% |
Others | 1.2 | 3.7 | 1.5 | 1.4 | 5.3% |
Total | 171 | 195 | 205 | 266 | 15.9% |
Top Suppliers of Starch Manufacture Residues to South Korea in 2022:
- China (930.4K tons)
Starch Manufacture Residues Exports in South Korea
In 2022, the amount of residues of starch manufacture exported from South Korea reached 18K tons, surging by 2.6% compared with 2021. Over the period under review, exports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, starch manufacture residues exports soared to $15M in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Starch Manufacture Residues in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.1 | 6.3 | 6.7 | 9.6 | 23.5% |
Vietnam | 2.3 | 2.8 | 3.0 | 2.2 | -1.5% |
Malaysia | 2.6 | 2.6 | 1.9 | 1.9 | -9.9% |
Myanmar | N/A | N/A | 0.1 | 0.5 | 400.0% |
Others | 0.5 | 0.6 | 0.3 | 0.4 | -7.2% |
Total | 10.6 | 12.3 | 11.9 | 14.5 | 11.0% |
Top Export Markets for Starch Manufacture Residues from South Korea in 2022:
- Japan (11.6K tons)
- Vietnam (2.7K tons)
- Malaysia (2.2K tons)
- Myanmar (0.6K tons)
This report provides an in-depth analysis of the starch manufacture residues market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10622000 - Residues of starch manufacture and similar residues
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, residual products of the chemical and allied industries imports stood at $X in 2016. Overall, residual products of the chemical and allied industries imports continue to indicate a ...
In value terms, residual products of the chemical and allied industries exports totaled $X in 2016. Overall, residual products of the chemical and allied industries exports continue to indicate a r...
In value terms, residual products of the chemical and allied industries imports stood at $X in 2016. Overall, residual products of the chemical and allied industries imports continue to indicate a ...
In value terms, residual products of the chemical and allied industries exports totaled $X in 2016. Overall, residual products of the chemical and allied industries exports continue to indicate a r...