Republic of Korea - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeroxosulphates Price in South Korea - 2022
Contents:
- Peroxosulphates Price in South Korea (CIF) - 2022
- Peroxosulphates Price in South Korea (FOB) - 2022
- Peroxosulphates Imports in South Korea
- Peroxosulphates Exports in South Korea
Peroxosulphates Price in South Korea (CIF) - 2022
In December 2022, the average peroxosulphates import price amounted to $1,425 per ton, with a decrease of -10.6% against the previous month. Overall, the import price saw a slight setback. The pace of growth appeared the most rapid in May 2022 when the average import price increased by 12% m-o-m. Over the period under review, average import prices attained the peak figure at $1,842 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($7,273 per ton), while the price for Taiwan (Chinese) ($1,075 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 the United States (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Peroxosulphates Price in South Korea (FOB) - 2022
In December 2022, the average peroxosulphates export price amounted to $6,548 per ton, with an increase of 7.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $7,482 per ton in September 2022; however, from October 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From December 2021 to December 2022, the rate of growth in terms of prices for Vietnam amounted to -0.2% per month.
Peroxosulphates Imports in South Korea
In 2022, the amount of peroxosulphates (persulphates) imported into South Korea contracted remarkably to 12K tons, declining by -25.9% on the previous year's figure. Over the period under review, imports faced a deep contraction. The smallest decline of -7.7% was in 2020.
In value terms, peroxosulphates imports shrank to $20M in 2022. Overall, imports faced a abrupt decrease. The smallest decline of -9.8% was in 2021.
Import of Peroxosulphates in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.8 | 11.8 | 12.8 | 11.0 | -7.3% |
Japan | 9.4 | 8.5 | 8.2 | 6.8 | -10.2% |
United States | 5.1 | 3.8 | 1.5 | 1.7 | -30.7% |
Germany | 1.6 | 1.7 | 0.6 | 0.3 | -42.8% |
Others | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
Total | 30.0 | 26.0 | 23.4 | 20.1 | -12.5% |
Top Suppliers of Peroxosulphates to South Korea in 2022:
- China (6.7K tons)
- Japan (4.8K tons)
- United States (0.6K tons)
- Germany (0.1K tons)
Peroxosulphates Exports in South Korea
For the fourth year in a row, South Korea recorded growth in shipments abroad of peroxosulphates (persulphates), which increased by 79% to 902 tons in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 198% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, peroxosulphates exports skyrocketed to $2.8M in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 332% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Peroxosulphates in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 36.5 | 131 | 1,268 | 2,702 | 319.9% |
China | 79.9 | 106 | 79.2 | 21.8 | -35.1% |
Bangladesh | 37.1 | 62.1 | 38.5 | 3.5 | -54.5% |
Others | 27.8 | 31.7 | 44.2 | 40.7 | 13.5% |
Total | 181 | 331 | 1,430 | 2,768 | 148.2% |
Top Export Markets for Peroxosulphates from South Korea in 2022:
- Vietnam (873.3 tons)
- China (19.9 tons)
- Bangladesh (1.5 tons)
This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)
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
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