Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea - 2022

Contents:

  1. Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (CIF) - 2022
  2. Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (FOB) - 2022
  3. Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea
  4. Exports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea

Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (CIF) - 2022

The average import price for mixtures and preparations containing oxirane (ethylene oxide)s stood at $5,802 per ton in 2022, declining by -15.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 73% against the previous year. Over the period under review, average import prices hit record highs at $18,545 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($7,200 per ton), while the price for India ($4,545 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (FOB) - 2022

In 2022, the average export price for mixtures and preparations containing oxirane (ethylene oxide)s amounted to $4,692 per ton, with an increase of 20% against the previous year. Overall, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2018 when the average export price increased by 51% against the previous year. The export price peaked at $6,163 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,272 per ton), while the average price for exports to the Philippines ($1,845 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 Indonesia (+12.8%), while the prices for the other major destinations experienced a decline.

Imports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea

In 2022, the amount of mixtures and preparations containing oxirane (ethylene oxide)s imported into South Korea soared to 110 tons, picking up by 219% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,442% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mixtures and preparations containing oxirane (ethylene oxide)s skyrocketed to $636K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,688% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A4.22075881083.2%
SwedenN/AN/A19.523.017.9%
IndiaN/AN/AN/A18.20%
Switzerland2.42.68.16.640.1%
SingaporeN/A36.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.443.3235636542.3%

Top Suppliers of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) to South Korea in 2022:

  1. United States (101.2 tons)
  2. India (4.0 tons)
  3. Sweden (3.2 tons)
  4. Switzerland (1.1 tons)

Exports of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea

In 2022, exports of mixtures and preparations containing oxirane (ethylene oxide)s from South Korea surged to 121 tons, growing by 60% against the year before. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 516%. As a result, the exports attained the peak of 238 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mixtures and preparations containing oxirane (ethylene oxide)s skyrocketed to $569K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 395%. As a result, the exports reached the peak of $812K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Mixtures and Preparations Containing Oxirane (Ethylene Oxide) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/A562N/A276-29.9%
Vietnam16418124926517.3%
PhilippinesN/AN/AN/A13.50%
IndonesiaN/A66.814.510.3-60.7%
United Arab EmiratesN/A2.428.94.739.9%
OthersN/AN/A5.3N/A0%
Total16481229856951.4%

Top Export Markets for Mixtures and Preparations Containing Oxirane (Ethylene Oxide) from South Korea in 2022:

  1. Egypt (59.8 tons)
  2. Vietnam (50.2 tons)
  3. Philippines (7.3 tons)
  4. Indonesia (2.1 tons)
  5. United Arab Emirates (2.0 tons)

Source: IndexBox Market Intelligence Platform

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