Republic of Korea - Unsaturated Acyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUnsaturated Acyclic Hydrocarbons Price in South Korea - 2022
Contents:
- Unsaturated Acyclic Hydrocarbons Price in South Korea (CIF) - 2022
- Unsaturated Acyclic Hydrocarbons Price in South Korea (FOB) - 2022
- Unsaturated Acyclic Hydrocarbons Imports in South Korea
- Unsaturated Acyclic Hydrocarbons Exports in South Korea
Unsaturated Acyclic Hydrocarbons Price in South Korea (CIF) - 2022
In 2022, the average unsaturated acyclic hydrocarbons import price amounted to $1,196 per ton, which is down by -9.5% against the previous year. In general, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 an increase of 7.3%. Over the period under review, average import prices attained the maximum at $1,646 per ton in 2012; however, from 2013 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 highest price was recorded for prices from Qatar ($1,554 per ton) and Saudi Arabia ($1,264 per ton), while the price for South Africa ($1,107 per ton) and Belgium ($1,123 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (-0.7%), while the prices for the other major suppliers experienced a decline.
Unsaturated Acyclic Hydrocarbons Price in South Korea (FOB) - 2022
The average unsaturated acyclic hydrocarbons export price stood at $6,502 per ton in 2022, waning by -32.4% against the previous year. Overall, the export price, however, saw a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices hit record highs at $9,614 per ton in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($12,497 per ton), while the average price for exports to Malaysia ($3,367 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 Singapore (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Unsaturated Acyclic Hydrocarbons Imports in South Korea
In 2022, approx. 131K tons of unsaturated acyclic hydrocarbons were imported into South Korea; surging by 15% against 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, unsaturated acyclic hydrocarbons imports totaled $157M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. As a result, imports attained the peak of $163M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Unsaturated Acyclic Hydrocarbons in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.1 | 51.0 | 61.4 | 63.4 | 26.8% |
Canada | 20.6 | 42.0 | 27.1 | 27.9 | 10.6% |
Belgium | 24.6 | 33.7 | 23.2 | 24.9 | 0.4% |
Japan | 6.3 | 11.7 | 14.7 | 15.2 | 34.1% |
Saudi Arabia | 6.9 | 14.7 | 10.2 | 10.5 | 15.0% |
South Africa | 3.2 | 5.9 | 8.0 | 8.3 | 37.4% |
Qatar | 3.1 | 2.2 | 3.1 | 3.1 | 0.0% |
Others | 1.7 | 1.8 | 3.4 | 3.9 | 31.9% |
Total | 97.5 | 163 | 151 | 157 | 17.2% |
Top Suppliers of Unsaturated Acyclic Hydrocarbons to South Korea in 2022:
- United States (53.2K tons)
- Canada (24.1K tons)
- Belgium (22.1K tons)
- Japan (13.1K tons)
- Saudi Arabia (8.3K tons)
- South Africa (7.5K tons)
- Qatar (2.0K tons)
Unsaturated Acyclic Hydrocarbons Exports in South Korea
In 2022, overseas shipments of unsaturated acyclic hydrocarbons were finally on the rise to reach 1.3K tons after two years of decline. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, unsaturated acyclic hydrocarbons exports dropped to $8.3M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $9.1M, and then fell in the following year.
Export of Unsaturated Acyclic Hydrocarbons in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 3.9 | 3.9 | 3.6 | 4.5 | 4.9% |
Singapore | 0.6 | 0.7 | 1.1 | 0.9 | 14.5% |
India | 0.8 | 0.5 | 0.9 | 0.8 | 0.0% |
Malaysia | 0.3 | 1.4 | 0.3 | 0.8 | 38.7% |
China | 0.3 | 0.3 | 0.6 | 0.4 | 10.1% |
Philippines | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Others | 0.3 | 0.6 | 2.5 | 0.6 | 26.0% |
Total | 6.2 | 7.4 | 9.1 | 8.3 | 10.2% |
Top Export Markets for Unsaturated Acyclic Hydrocarbons from South Korea in 2022:
- Saudi Arabia (748.3 tons)
- Malaysia (229.4 tons)
- India (108.2 tons)
- Singapore (69.6 tons)
- China (53.0 tons)
- Philippines (43.1 tons)
This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons 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 20141190 - Unsaturated acyclic hydrocarbons (excluding ethylene, p ropene, butene, buta-1,3-diene and isoprene)
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the unsaturated acyclic hydrocarbons market in Republic of Korea.
This report provides an in-depth analysis of the buta-1,3-diene and isoprene market in Republic of Korea.
This report provides an in-depth analysis of the market for butene and isomers thereof in Republic of Korea.
This report provides an in-depth analysis of the ethylene market in Republic of Korea.
This report provides an in-depth analysis of the propene market in Republic of Korea.
This report provides an in-depth analysis of the saturated acyclic hydrocarbons market in Republic of Korea.
This report provides an in-depth analysis of the acyclic hydrocarbons market in Republic of Korea.
This report provides an in-depth analysis of the global unsaturated acyclic hydrocarbons market.
This report provides an in-depth analysis of the global buta-1,3-diene and isoprene market.
This report provides an in-depth analysis of the global market for butene and isomers thereof.
Global demand for unsaturated acyclic hydrocarbons is expected to rise, leading to an increase in market consumption over the next seven years. The market is forecasted to grow in volume and value terms, with key players like China, the United States, and Belgium leading the way.
Explore the world's best import markets for ethylene backed by key statistics. Belgium, China, and Indonesia lead the global ethylene import market. Find out more.
In value terms, polymers of propylene imports totaled $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the...
In value terms, polymers of ethylene imports amounted to $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total imports value increased at an average annual rate of +X>
In value terms, polymers of ethylene exports totaled $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ove...
In value terms, polymers of propylene exports amounted to $X in 2016. Overall, it indicated a modest growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% ov...
Explore the top import markets for propene, including China, Germany, Belgium, and more. Learn about key statistics, import values, and the role of propene in the global market.
In value terms, polymers of vinyl acetate imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticea...
In value terms, polymers of vinyl acetate exports totaled $X in 2016. Overall, polymers of vinyl acetate exports continue to indicate a relatively flat trend pattern. Over the period under review, ...
When it comes to importing saturated acyclic hydrocarbons, a number of countries stand out as the world's best import markets. These countries demonstrate a strong demand for these hydrocarbons, which are widely used in various industries such as petrochemicals, transportation, and manufacturing. In this article, we will delve into the top 10 import markets for saturated acyclic hydrocarbons and explore their import values and key statistics.