Melamine Market Overview in South Korea
The size of the melamine market in South Korea reduced markedly to $ in 2019, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.