Republic of Korea - Cyclohexanone And Methylcyclohexanones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCyclohexanone and Methylcyclohexanones Price in South Korea - 2022
Contents:
- Cyclohexanone and Methylcyclohexanones Price in South Korea (CIF) - 2022
- Cyclohexanone and Methylcyclohexanones Price in South Korea (FOB) - 2022
- Cyclohexanone and Methylcyclohexanones Imports in South Korea
- Cyclohexanone and Methylcyclohexanones Exports in South Korea
Cyclohexanone and Methylcyclohexanones Price in South Korea (CIF) - 2022
The average cyclohexanone and methylcyclohexanones import price stood at $1,368 per ton in 2022, dropping by -8.5% against the previous year. In general, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $1,974 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,404 per ton), while the price for Taiwan (Chinese) ($1,318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.5%), while the prices for the other major suppliers experienced a decline.
Cyclohexanone and Methylcyclohexanones Price in South Korea (FOB) - 2022
In 2022, the average cyclohexanone and methylcyclohexanones export price amounted to $1,459 per ton, declining by -7.8% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $2,306 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($1,655 per ton) and Bangladesh ($1,485 per ton), while the average price for exports to India ($1,180 per ton) and Egypt ($1,314 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+1.1%), while the prices for the other major destinations experienced a decline.
Cyclohexanone and Methylcyclohexanones Imports in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of cyclohexanone and methylcyclohexanones, when their volume decreased by -22.1% to 11K tons. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 79%. As a result, imports attained the peak of 14K tons, and then shrank markedly in the following year.
In value terms, cyclohexanone and methylcyclohexanones imports dropped notably to $15M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 136%. As a result, imports reached the peak of $21M, and then declined markedly in the following year.
| Import of Cyclohexanone and Methylcyclohexanones in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.9 | 4.0 | 10.1 | 7.2 | 55.9% |
| China | 2.5 | 3.9 | 6.6 | 4.7 | 23.4% |
| Taiwan (Chinese) | 3.2 | 0.8 | 4.0 | 2.8 | -4.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 7.7 | 8.8 | 20.8 | 14.8 | 24.3% |
Top Suppliers of Cyclohexanone and Methylcyclohexanones to South Korea in 2022:
- Japan (5.1K tons)
- China (3.5K tons)
- Taiwan (Chinese) (2.1K tons)
Cyclohexanone and Methylcyclohexanones Exports in South Korea
Cyclohexanone and methylcyclohexanones exports from South Korea skyrocketed to 901 tons in 2022, with an increase of 199% compared with 2021. Overall, exports, however, faced a deep setback.
In value terms, cyclohexanone and methylcyclohexanones exports soared to $1.3M in 2022. In general, exports, however, saw a abrupt decrease.
| Export of Cyclohexanone and Methylcyclohexanones in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 678 | 65.4 | 47.6 | 271 | -26.3% |
| Indonesia | 206 | 89.6 | 152 | 242 | 5.5% |
| Vietnam | 441 | 642 | 24.4 | 235 | -18.9% |
| Bangladesh | 42.3 | 95.7 | 80.8 | 129 | 45.0% |
| Malaysia | 115 | 134 | 46.1 | 78.7 | -11.9% |
| Nigeria | 13.9 | 131 | 36.1 | 57.6 | 60.6% |
| Egypt | 79.6 | 232 | 10.6 | 57.5 | -10.3% |
| Thailand | 116 | 83.1 | 0.4 | 49.7 | -24.6% |
| Cote d'Ivoire | 26.8 | 225 | 5.2 | 35.4 | 9.7% |
| Others | 254 | 455 | 73.4 | 159 | -14.5% |
| Total | 1,972 | 2,153 | 476 | 1,315 | -12.6% |
Top Export Markets for Cyclohexanone and Methylcyclohexanones from South Korea in 2022:
- India (229.8 tons)
- Vietnam (166.3 tons)
- Indonesia (146.2 tons)
- Bangladesh (86.7 tons)
- Malaysia (53.1 tons)
- Egypt (43.7 tons)
- Nigeria (41.2 tons)
- Thailand (31.6 tons)
- Cote d'Ivoire (28.1 tons)
This report provides an in-depth analysis of the cyclohexanone and methylcyclohexanones 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 20146233 - Cyclohexanone and methylcyclohexanones
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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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