Republic of Korea - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Chloride Price in South Korea - 2022
Contents:
- Hydrogen Chloride Price in South Korea (CIF) - 2022
- Hydrogen Chloride Price in South Korea (FOB) - 2022
- Hydrogen Chloride Imports in South Korea
- Hydrogen Chloride Exports in South Korea
Hydrogen Chloride Price in South Korea (CIF) - 2022
The average hydrogen chloride import price stood at $7,524 per ton in December 2022, surging by 26% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.9%. The import price peaked at $7,558 per ton in February 2022; however, from March 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($18,028 per ton), while the price for Japan ($6,642 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 Japan (+2.0%), while the prices for the other major suppliers experienced a decline.
Hydrogen Chloride Price in South Korea (FOB) - 2022
In 2022, the average hydrogen chloride export price amounted to $5,943 per ton, rising by 3.5% against the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 607%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Canada ($15,000 per ton), while the average price for exports to Indonesia ($480 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 (+62.6%), while the prices for the other major destinations experienced more modest paces of growth.
Hydrogen Chloride Imports in South Korea
In 2022, the amount of hydrogen chloride (hydrochloric acid) imported into South Korea expanded slightly to 2.6K tons, picking up by 1.7% on the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 10%. As a result, imports reached the peak of 2.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, hydrogen chloride imports declined to $17M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 7% against the previous year.
Import of Hydrogen Chloride in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 14.1 | 15.7 | 15.5 | 13.4 | -1.7% |
China | 0.6 | 0.5 | 0.7 | 1.0 | 18.6% |
United States | 1.1 | 0.9 | 0.7 | 0.9 | -6.5% |
Germany | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
Others | 0.2 | 0.3 | 0.6 | 0.8 | 58.7% |
Total | 16.7 | 17.8 | 18.2 | 17.0 | 0.6% |
Top Suppliers of Hydrogen Chloride to South Korea in 2022:
- Japan (2402.2 tons)
- United States (127.5 tons)
- China (58.8 tons)
- Germany (46.7 tons)
Hydrogen Chloride Exports in South Korea
Hydrogen chloride exports from South Korea rose markedly to 1.6K tons in 2022, surging by 11% compared with 2021 figures. Over the period under review, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year.
In value terms, hydrogen chloride exports soared to $9.5M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 50%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Export of Hydrogen Chloride in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,556 | 3,848 | 5,601 | 6,040 | 33.2% |
United States | 936 | 1,021 | 736 | 1,238 | 9.8% |
Singapore | 21.5 | 54.6 | 227 | 682 | 216.6% |
Vietnam | 584 | 191 | 225 | 250 | -24.6% |
Thailand | 18.6 | 38.6 | 76.8 | 99.9 | 75.1% |
Malaysia | 39.6 | 107 | 338 | 96.1 | 34.4% |
Indonesia | 26.0 | 5.9 | 23.9 | 40.0 | 15.4% |
Japan | 24.1 | 23.8 | 61.4 | 37.5 | 15.9% |
Others | 129 | 199 | 940 | 1,006 | 98.3% |
Total | 4,335 | 5,490 | 8,228 | 9,490 | 29.8% |
Top Export Markets for Hydrogen Chloride from South Korea in 2022:
- Singapore (551.4 tons)
- China (457.2 tons)
- Vietnam (450.2 tons)
- United States (300.0 tons)
- Thailand (162.0 tons)
- Malaysia (112.8 tons)
- Indonesia (83.4 tons)
- Japan (65.6 tons)
This report provides an in-depth analysis of the hydrogen chloride 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 20132413 - Hydrogen chloride (hydrochloric acid)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
This report provides an in-depth analysis of the hydrogen chloride market in Republic of Korea.
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This report provides an in-depth analysis of the hydrogen chloride market in Republic of Korea.
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This report provides an in-depth analysis of the global hydrogen chloride market.
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In value terms, hydrogen, rare gases and other non-metals imports amounted to $X in 2016. Overall, it indicated a modest increase from 2007 to 2016: the total imports value increased at an average a...
In value terms, hydrogen peroxide imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively stable...
In value terms, hydrogen, rare gases and other non-metals exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average ann...
In value terms, hydrogen peroxide exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some notice...