Chlorides; of Calcium Price in South Korea - 2022

Contents:

  1. Chlorides; of Calcium Price in South Korea (CIF) - 2022
  2. Chlorides; of Calcium Price in South Korea (FOB) - 2022
  3. Chlorides; of Calcium Imports in South Korea
  4. Chlorides; of Calcium Exports in South Korea

Chlorides; of Calcium Price in South Korea (CIF) - 2022

The average chlorides; of calcium import price stood at $165 per ton in December 2022, with a decrease of -9.6% against the previous month. Overall, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in May 2022 when the average import price increased by 20% against the previous month. The import price peaked at $320 per ton in June 2022; however, from July 2022 to December 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -2.4% per month.

Chlorides; of Calcium Price in South Korea (FOB) - 2022

The average chlorides; of calcium export price stood at $2,957 per ton in 2022, picking up by 1.9% against the previous year. In general, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,983 per ton), while the average price for exports to Sri Lanka ($271 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 Vietnam (-0.7%), while the prices for the other major destinations experienced a decline.

Chlorides; of Calcium Imports in South Korea

In 2022, imports of chlorides; of calcia into South Korea shrank significantly to 96K tons, reducing by -39.2% on 2021. In general, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 240% against the previous year. As a result, imports attained the peak of 157K tons, and then shrank dramatically in the following year.

In value terms, chlorides; of calcium imports reduced sharply to $28M in 2022. Overall, imports, however, showed a notable expansion. The growth pace was the most rapid in 2021 when imports increased by 239% against the previous year. As a result, imports attained the peak of $44M, and then shrank sharply in the following year.

Import of Chlorides; of Calcium in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.011.441.526.95.4%
Others1.71.52.01.3-8.6%
Total24.712.943.628.24.5%

Top Suppliers of Chlorides; of Calcium to South Korea in 2022:

  1. China (94.9K tons)

Chlorides; of Calcium Exports in South Korea

Chlorides; of calcium exports from South Korea soared to 1.2K tons in 2022, jumping by 34% against the previous year's figure. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chlorides; of calcium exports surged to $3.6M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.1% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 76%. As a result, the exports attained the peak of $4.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Chlorides; of Calcium in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1183,5352,2403,06213.1%
Vietnam368737127216-16.3%
Malaysia0.60.792.9127496.0%
Sri Lanka26.154.113.718.7-10.5%
JapanN/AN/A29.9N/A0%
Others44.117510012943.0%
Total2,5574,5022,6043,55311.6%

Top Export Markets for Chlorides; of Calcium from South Korea in 2022:

  1. Vietnam (512.2 tons)
  2. United States (511.7 tons)
  3. Malaysia (80.2 tons)
  4. Sri Lanka (69.1 tons)

Source: IndexBox Market Intelligence Platform

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