Supply and Demand
(Unit
: USD Thousand, %)
Year
Sector |
1985 |
1990 |
1993 |
1995 |
1997 |
Growth
Rate |
'95¡'97 |
'85¡'97 |
Dyes
&
Pigments |
Export |
20,460 |
130,705 |
194,438 |
266,383 |
367,303 |
17.4 |
27.2 |
Domestic
Demand |
284,598 |
1,062,006 |
1,164,010 |
1,384,565 |
1,375,984 |
-0.3 |
14.0 |
Total |
305,058 |
1,192,711 |
1,358,448 |
1,650,948 |
1,743,287 |
|
|
Production |
135,059 |
686,763 |
776,921 |
931,092 |
1,035,645 |
5.5 |
18.5 |
Import |
169,999 |
505,948 |
581,527 |
719,856 |
707,642 |
-0.9 |
12.6 |
Agrochemicals |
Export |
8,703 |
7,395 |
7,432 |
18,523 |
26,840 |
20.4 |
9.8 |
Domestic
Demand |
315,287 |
631,497 |
867,746 |
980,156 |
838,979 |
-7.5 |
8.5 |
Total |
323,990 |
638,892 |
875,178 |
998,679 |
865,819 |
|
|
Production |
307,096 |
619,419 |
834,324 |
945,524 |
812,783 |
-7.3 |
8.5 |
Import |
16,894 |
19,473 |
40,854 |
53,155 |
53,036 |
-0.1 |
10.0 |
Paints
& Inks |
Export |
10,650 |
29,635 |
75,911 |
150,472 |
155,278 |
1.6 |
25.0 |
Domestic
Demand |
483,333 |
1,379,802 |
1,587,049 |
2,248,119 |
2,083,245 |
-3.7 |
13.0 |
Total |
493,983 |
1,409,437 |
1,662,960 |
2,398,591 |
2,238,523 |
|
|
Production |
445,065 |
1,343,990 |
1,570,264 |
2,237,928 |
2,047,295 |
-4.4 |
13.6 |
Import |
48,918 |
65,447 |
92,696 |
160,663 |
191,228 |
9.1 |
12.0 |
Pharma-
ceuticals |
Export |
33,984 |
106,960 |
172,815 |
247,867 |
276,794 |
5.7 |
19.1 |
Domestic
Demand |
1,434,828 |
3,739,407 |
4,395,268 |
5,457,717 |
5,514,169 |
0.5 |
11.9 |
Total |
1,468,812 |
3,846,367 |
4,568,083 |
5,705,584 |
5,790,963 |
|
|
Production |
1,380,219 |
3,626,072 |
4,192,219 |
5,165,891 |
5,183,221 |
0.2 |
11.7 |
Import |
88,593 |
220,295 |
375,864 |
539,693 |
607,742 |
6.1 |
17.4 |
Surfactants |
Export |
2,495 |
19,395 |
30,495 |
74,826 |
83,412 |
5.6 |
34.0 |
Domestic
Demand |
89,425 |
289,972 |
325,156 |
942,672 |
881,144 |
-3.3 |
21.0 |
Total |
91,920 |
309,367 |
355,651 |
1,017,498 |
964,556 |
|
|
Production |
54,763 |
226,526 |
258,836 |
893,849 |
832,021 |
-3.5 |
25.5 |
Import |
37,157 |
82,841 |
96,815 |
123,649 |
132,535 |
3.5 |
11.2 |
Cosmetics
&
Perfumery |
Export |
2,634 |
18,575 |
31,295 |
47,645 |
85,534 |
40.0 |
33.6 |
Domestic
Demand |
500,209 |
1,848,164 |
2,628,643 |
2,361,738 |
3,501,262 |
21.8 |
17.6 |
Total |
503,209 |
1,866,739 |
2,659,938 |
2,409,383 |
3,586,796 |
|
|
Production |
464,424 |
1,719,095 |
2,455,961 |
2,054,747 |
3,123,412 |
23.3 |
17.2 |
Import |
38,785 |
147,644 |
203,977 |
354,636 |
463,384 |
14.3 |
23.0 |
Adhesives |
Export |
1,540 |
13,454 |
31,079 |
57,743 |
95,356 |
28.5 |
41.0 |
Domestic
Demand |
136,092 |
415,395 |
565,753 |
701,427 |
560,342 |
-10.6 |
12.5 |
Total |
137,632 |
428,849 |
596,832 |
759,170 |
655,698 |
|
|
Production |
122,829 |
353,920 |
526,015 |
655,825 |
562,810 |
-7.4 |
13.5 |
Import |
14,803 |
74,929 |
70,817 |
103,345 |
92,888 |
-5.2 |
16.5 |
Photo
Chemicals |
Export |
6,577 |
29,601 |
46,026 |
57,608 |
72,121 |
11.9 |
22.1 |
Domestic
Demand |
130,345 |
1,057,768 |
1,459,900 |
1,655,512 |
1,748,663 |
2.8 |
24.2 |
Total |
136,922 |
1,087,369 |
1,505,926 |
1,713,120 |
1,820,784 |
|
|
Production |
42,299 |
804,053 |
1,116,323 |
1,152,860 |
1,216,608 |
2.7 |
32.3 |
Import |
94,623 |
283,316 |
389,603 |
560,260 |
604,176 |
3.8 |
16.7 |
Others |
Export |
19,170 |
47,153 |
122,367 |
261,668 |
199,085 |
-12.8 |
21.5 |
Domestic
Demand |
390,115 |
1,374,718 |
1,847,198 |
2,908,949 |
2,786,092 |
-2.1 |
17.8 |
Total |
409,285 |
1,421,871 |
1,969,565 |
3,170,617 |
2,985,177 |
|
|
Production |
169,945 |
623,500 |
938,913 |
1,428,457 |
1,592,351 |
5.6 |
20.5 |
Import |
239,340 |
798,371 |
1,030,652 |
1,742,160 |
1,392,826 |
-10.6 |
15.8 |
Total |
Export |
106,213 |
402,873 |
711,858 |
1,182,735 |
1,361,723 |
7.3 |
23.7 |
Domestic
Demand |
3,764,598 |
11,798,729 |
14,840,722 |
18,640,856 |
19,289,881 |
1.7 |
14.6 |
Total |
3,870,811 |
12,201,602 |
15,552,580 |
19,823,591 |
20,651,604 |
|
|
Production |
3,121,699 |
10,003,338 |
12,669,775 |
15,466,174 |
16,406,147 |
3.0 |
14.8 |
Import |
749,112 |
2,198,264 |
2,882,805 |
4,357,417 |
4,245,457 |
-1.3 |
15.6 |
Source
: (1) Statistical Yearbook of Foreign Trade(Korean Customs
Administration)
(2)
Report on Mining and Manufacturing Survey(National Statistical
Office)
The
Foreign Exchange Rate(The won per a dollar) : '85-870,
'90-708, 93-803, '94-804, '95-771, '97-951
1)
Domestic Demand
The
domestic demand for specialty chemical products in 1997
was $19,289 million, which was an increase of 1.7% compared
to $18,640 million in 1995.
The
largest local market in this industry was pharmaceuticals,
with $5,514 million sales in 1997. The next largest
markets were cosmetics and perfumery with $3,501 million;
paints & inks with $2,083 million and photo-chemicals
with $1,748 million. These 4 sectors are 66.6% of the
production of this industry.
2) Production Status
The production of the specialty
chemical industry increased in 1997 by 3.0%
to $16,406 million compared to $15,466 million
in 1995.
In 1997 year the largest
production sector was the pharmaceutical
sector with $5,183 million; the next largest
sectors were cosmetics and perfumery($3,123
million); paints & inks($2,047 million);
photo-chemicals($1,216 million). These 4
sectors were 70.5% of the production of
this industry.
The sector which increased
the most in production was cosmetics and
perfumery 23.3%; dyes & pigments increased
by 5.5%; and photo-chemicals increased by
2.7%.
3)
Production Status for Each Sector
The pharmaceutical sector
continuded from 1995 lo record the largest
production share in 1997, reaching 31.6%.
The next sectors to have production growth
were cosmetics & perfumery with 19.0%,
and paints & inks with 12.5%. The sector
which had the lowest growth in production
was adhesives with a 3.4% increase,
The sector which recoreded
the largest production decrease was paints
& inks with 12.5% production in 1997
compared with the previous year production
14.5% in 1995, which was about 2.0% decrease. |
|
Production
Index for Each Sector
(Index
: 1985=100)
Year
Sector |
1986 |
1990 |
1993 |
1995 |
1997 |
Dyes
& Pigments
Agrochemicals
Paints
& Inks
Pharmaceuticals
Surfactants
Cosmetics
& Perfumery
Adhesives
Photo-Chemicals
Others |
164
128
116
113
127
111
130
108
134 |
414
164
246
214
336
301
235
1,547
299 |
531
251
326
280
436
488
396
2,436
510 |
611
273
446
332
1,445
392
473
2,415
745 |
835
289
503
410
1,659
735
501
3,144
1,024 |
Total |
119 |
261 |
375 |
439 |
574 |
Source
: Report on Mining and Manufacturing Survey(National
Statistical Office)
4)
Production Index
According
to the specialty chemical industry sector production
index, photo-chemicals recorded the highest in 1997
with 3,144 points; surfactants were second with 1,659
points; followed by dyes & pigments with 835 and
cosmetics & perfumery with 735, The sector recording
the largest increment of production index is photo-chemicals
which increased to 3,144 in 1997 from 2,415 in 1995,
a 729 increase. Cosmetics & pefumery followed with
343 and dyes & pigments with 224 respectively.
5)
Production Rate Per Capita
According
to the sector production rate per capita, agrochemicals
recorded the highest with $354.3 thousand, The next
highest sectors were cosmetics & perfumery with
$297.6 thousand and surfactants with $24.2 thousand.
The most growth was recorded by dyes & pigments
with an increase of 21.0% to $206.4
thousand
in 1997 from $173.9 thousand in 1995. Cosmetics &
perfumery increased by 17.9%; photo-chemicals by 13.3%;
and surfactants by 13.2%
6)
Value-Added Rate
The
sector with the highest value-added rate in 1997 was
cosmetics & perfumery with 63.0%. The next highest
value-added sector was pharmaceuticals with 61.5%. These
2 sectors recorded over 61.3% of the Value-added rates
among all the sectors of the specialty chemical industry.
The rest of the sectors recorded lower than the above
two sectors. The sector with the largest increase of
value-added rates was photo-chemicals by a 4.5% increase
to 48.4% in 1997 from 43.9% in 1995. It was followed
by the pharmaceuticals with a 1.4% increase, adhesives
by a 3,0% increase. Paints & inks and the other
sectors recorded decreases, and in 1997 paints &
inks recorded a 5.1% decrease in the value-added rate
to 35.7% compared to 40.8% in 1995.
Value-Added
Rate
(Unit
: %)
Year
Sector |
1985 |
1989 |
1991 |
1993 |
1995 |
1997 |
Dyes
& Pigments
Agrochemicals
Paints
& Inks
Pharmaceuticals
Surfactants
Cosmetics
& Perfumery
Adhesives
Photo-Chemicals
Others |
36.1
29.0
31.4
56.1
31.5
57.5
32.1
24.5
44.3 |
40.2
30.4
33.0
60.4
35.3
53.2
30.9
35.2
42.5 |
43.5
43.9
41.3
61.5
85.7
56.5
36.3
48.4
42.1 |
45.1
45.0
44.1
63.5
126.7
57.3
40.0
43.3
50.6 |
45.8
44.2
40.8
60.1
43.2
65.9
38.8
43.9
45.6 |
41.4
39.7
35.7
61.5
40.2
63.0
39.7
48.4
39.4 |
Total |
46.8 |
46.4 |
52.7 |
55.1 |
51.8 |
51.3 |
Source
: Report on Mining and Manufacturing Survey(National
Statistical Office)
Notes
: Value-Added Rate = Vlaue-Added / Production |
