Price for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea - 2022

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea (CIF) - 2022
2. Price for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea (FOB) - 2022
3. Imports of Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea
4. Exports of Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea

Price for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea (CIF) - 2022

The average import price for quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses stood at $3,415 per ton in 2022, surging by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,975 per ton), while the price for Taiwan (Chinese) ($1,436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea (FOB) - 2022

In December 2022, the average export price for quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses amounted to $2,022 per ton, falling by -2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2022 an increase of 32% month-to-month. The export price peaked at $2,129 per ton in October 2022; however, from November 2022 to December 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($2,807 per ton), while the average price for exports to Japan ($1,314 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea

In 2022, after two years of decline, there was significant growth in supplies from abroad of quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses, when their volume increased by 5.6% to 79K tons. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses rose significantly to $270M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids to South Korea in 2022:

1. China (63.9K tons)
2. Japan (3.7K tons)
3. United States (3.0K tons)
4. India (1.6K tons)
5. Brazil (1.4K tons)
6. Taiwan (Chinese) (1.2K tons)

Exports of Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids in South Korea

In 2022, overseas shipments of quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses decreased by -6.3% to 39K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 41K tons, and then reduced in the following year.

In value terms, exports of quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipidses amounted to $67M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 16%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Lecithins and Other Phosphoaminolipids from South Korea in 2022:

1. Japan (10.7K tons)
2. Thailand (10.4K tons)
3. China (6.1K tons)
4. Brazil (2.5K tons)
5. Indonesia (2.0K tons)
6. India (1.1K tons)
7. Vietnam (0.9K tons)
8. Netherlands (0.8K tons)
9. Taiwan (Chinese) (0.5K tons)

Source: IndexBox Market Intelligence Platform