Republic of Korea - Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Republic of Korea - Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine - Market Analysis, Forecast, Size, Trends and Insights

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Price for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea - 2022

Contents:

  1. Price for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (CIF) - 2022
  2. Price for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (FOB) - 2022
  3. Imports of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea
  4. Exports of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea

Price for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (CIF) - 2022

In December 2022, the average import price for thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine amounted to $2,493 per ton, declining by -9.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $2,947 per ton. From November 2022 to December 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($3,088 per ton), while the price for Malaysia ($2,302 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (FOB) - 2022

The average export price for thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine stood at $4,966 per ton in 2022, surging by 37% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 85% against the previous year. The export price peaked at $9,986 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($6,145 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 China (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea

In 2022, purchases abroad of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine decreased by -9.7% to 17K 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 +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 19K tons, and then dropped in the following year.

In value terms, imports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine reached $44M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.88.712.716.634.6%
Malaysia9.010.210.813.313.9%
Japan6.74.16.35.5-6.4%
Singapore7.96.710.75.4-11.9%
France1.10.50.80.9-6.5%
Others1.91.52.32.36.6%
Total33.631.743.744.09.4%

Top Suppliers of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine to South Korea in 2022:

  1. China (6.6K tons)
  2. Malaysia (5.5K tons)
  3. Singapore (2.2K tons)
  4. Japan (1.7K tons)
  5. France (0.3K tons)

Exports of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea

In 2022, overseas shipments of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine decreased by -29.4% to 84 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of 118 tons, and then contracted markedly in the following year.

In value terms, exports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine shrank modestly to $415K in 2022. Overall, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports reached the peak of $429K, and then fell in the following year.

Export of Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.732.333.2194126.5%
Vietnam215165124125-16.5%
Indonesia2.12.8N/A23.3123.0%
China7.110.332.413.223.0%
Sri Lanka2.714.416.911.361.2%
Japan3.4N/A1570.1-69.1%
Others12345.965.748.1-26.9%
Total3702714294153.9%

Top Export Markets for Thio- and Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine from South Korea in 2022:

  1. United States (43.2 tons)
  2. Vietnam (25.8 tons)
  3. Indonesia (4.0 tons)
  4. Sri Lanka (2.8 tons)
  5. China (2.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for thio- and dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine 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 20145133 - Thiocarbamates and dithiocarbamates, thiuram mono-, di- or tetrasulphides, methionine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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