Price for Amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its salts in South Korea - 2022

Contents:

1. Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea (CIF) - 2022
2. Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea (FOB) - 2022
3. Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea
4. Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea

Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea (CIF) - 2022

The average import price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses stood at $3,614 per ton in December 2022, with a decrease of -18.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2022 an increase of 75% against the previous month. As a result, import price reached the peak level of $5,998 per ton. From February 2022 to December 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($3,600 per ton), while the price for Brazil ($2,750 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 the United States (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea (FOB) - 2022

The average export price for amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses stood at $6,475 per ton in 2022, falling by -22.4% against the previous year. Over the period under review, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 96%. The export price peaked at $9,593 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($72,500 per ton), while the average price for exports to Japan ($6,364 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 Taiwan (Chinese) (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea

In 2022, after three years of growth, there was significant decline in supplies from abroad of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses, when their volume decreased by -24.5% to 25K tons. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 4.7%. As a result, imports reached the peak of 33K tons, and then declined rapidly in the following year.

In value terms, imports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses expanded rapidly to $101M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts to South Korea in 2022:

1. United States (24.3K tons)
2. China (0.4K tons)

Exports of Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts in South Korea

In 2022, shipments abroad of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses increased by 123% to 251 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of amine-function compounds; acyclic polyamines and their derivatives, hexamethylenediamine and its saltses skyrocketed to $1.6M in 2022. Overall, exports posted a measured increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Amine-Function Compounds; Acyclic Polyamines and Their Derivatives, Hexamethylenediamine and Its Salts from South Korea in 2022:

1. Japan (149.6 tons)
2. India (89.6 tons)
3. Singapore (7.3 tons)

Source: IndexBox Market Intelligence Platform