Price for Aluminium; Powders of Non-Lamellar Structure in South Korea - 2022
Contents:
- Price for Aluminium; Powders of Non-Lamellar Structure in South Korea (CIF) - 2022
- Price for Aluminium; Powders of Non-Lamellar Structure in South Korea (FOB) - 2022
- Imports of Aluminium; Powders of Non-Lamellar Structure in South Korea
- Exports of Aluminium; Powders of Non-Lamellar Structure in South Korea
Price for Aluminium; Powders of Non-Lamellar Structure in South Korea (CIF) - 2022
In 2022, the average import price for aluminium; powders of non-lamellar structures amounted to $2,562 per ton, shrinking by -9.2% against the previous year. In general, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2020 when the average import price increased by 4.4% against the previous year. Over the period under review, average import prices reached the maximum at $3,600 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($5,735 per ton), while the price for China ($1,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Powders of Non-Lamellar Structure in South Korea (FOB) - 2022
In December 2022, the average export price for aluminium; powders of non-lamellar structures amounted to $2,494 per ton, jumping by 32% against the previous month. Overall, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 1,729% month-to-month. Over the period under review, the average export prices hit record highs at $3,566 per ton in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was China ($10,273 per ton), while the average price for exports to India totaled $2,017 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Powders of Non-Lamellar Structure in South Korea
In 2022, the amount of aluminium; powders of non-lamellar structures imported into South Korea fell to 3.3K tons, with a decrease of -14.4% on the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 103%. As a result, imports attained the peak of 3.9K tons, and then reduced in the following year.
In value terms, aluminium; powders of non-lamellar structure imports shrank rapidly to $8.5M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 80%. As a result, imports attained the peak of $11M, and then declined significantly in the following year.
| Import of Aluminium; Powders of Non-Lamellar Structure in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.3 | 1.4 | 4.4 | 3.5 | 15.0% |
| China | 3.8 | 0.3 | 0.8 | 1.5 | -26.6% |
| Germany | 0.8 | 1.2 | 1.3 | 1.0 | 7.7% |
| United Kingdom | N/A | 0.8 | 1.0 | 0.8 | 0.0% |
| Bahrain | 0.5 | 0.7 | 0.7 | 0.6 | 6.3% |
| Austria | 0.4 | 0.2 | 0.5 | 0.4 | 0.0% |
| Others | 0.4 | 1.3 | 2.1 | 0.7 | 20.5% |
| Total | 8.3 | 6.0 | 10.9 | 8.5 | 0.8% |
Top Suppliers of Aluminium; Powders of Non-Lamellar Structure to South Korea in 2022:
- Australia (1491.8 tons)
- China (739.8 tons)
- United Kingdom (407.7 tons)
- Germany (307.6 tons)
- Bahrain (249.3 tons)
- Austria (68.5 tons)
Exports of Aluminium; Powders of Non-Lamellar Structure in South Korea
In 2022, after two years of decline, there was significant growth in overseas shipments of aluminium; powders of non-lamellar structures, when their volume increased by 24% to 609 tons. Over the period under review, exports, however, faced a abrupt decrease.
In value terms, aluminium; powders of non-lamellar structure exports soared to $2M in 2022. Overall, exports, however, recorded a deep setback.
| Export of Aluminium; Powders of Non-Lamellar Structure in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,612 | 938 | 465 | 778 | -21.6% |
| India | 1,094 | 755 | 852 | 701 | -13.8% |
| Taiwan (Chinese) | 738 | 372 | 171 | 330 | -23.5% |
| Vietnam | 307 | 141 | 65.7 | 132 | -24.5% |
| Japan | 75.6 | 25.2 | 49.0 | 39.7 | -19.3% |
| Others | 2.5 | 37.8 | 117 | 15.0 | 81.7% |
| Total | 3,829 | 2,270 | 1,721 | 1,995 | -19.5% |
Top Export Markets for Aluminium; Powders of Non-Lamellar Structure from South Korea in 2022:
- India (360.1 tons)
- United States (169.3 tons)
- Vietnam (46.4 tons)
- Taiwan (Chinese) (19.7 tons)
- Japan (9.3 tons)
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This report provides an in-depth analysis of the aluminium powders and flakes market in Republic of Korea.
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Global Aluminium Powder Market Report 2018. This report provides an in-depth analysis of the global aluminium powder market.
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