Price for Asbestos, Other than Crocidolite in South Korea - 2022

Contents:

  1. Price for Asbestos, Other than Crocidolite in South Korea (CIF) - 2022
  2. Price for Asbestos, Other than Crocidolite in South Korea (FOB) - 2022
  3. Imports of Asbestos, Other than Crocidolite in South Korea
  4. Exports of Asbestos, Other than Crocidolite in South Korea

Price for Asbestos, Other than Crocidolite in South Korea (CIF) - 2022

In 2022, the average asbestos, other than crocidolite import price amounted to $2,667 per ton, surging by 25% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 72% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.3% per year.

Price for Asbestos, Other than Crocidolite in South Korea (FOB) - 2022

In 2022, the average asbestos, other than crocidolite export price amounted to $3,360 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9%. The export price peaked at $7,752 per ton in 2014; however, from 2015 to 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 China.

From 2014 to 2022, the rate of growth in terms of prices for China amounted to +17.2% per year.

Imports of Asbestos, Other than Crocidolite in South Korea

In 2022, approx. 3 kg of asbestos, other than crocidolites were imported into South Korea; which is down by -99.3% on 2021 figures. Overall, imports saw a sharp shrinkage. The smallest decline of -19.9% was in 2021.

In value terms, asbestos, other than crocidolite imports declined significantly to $8 in 2022. In general, imports faced a precipitous decline. The smallest decline of -20% was in 2021.

Import of Asbestos, Other than Crocidolite in South Korea (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A8.00%
China81.055.034.0N/A-35.2%
United States1,2891,041843N/A-19.1%
OthersN/AN/AN/AN/A0%
Total1,3701,0968778.0-82.0%

Top Suppliers of Asbestos, Other than Crocidolite to South Korea in 2022:

  1. Australia (3.0 kg)

Exports of Asbestos, Other than Crocidolite in South Korea

In 2022, approx. 50 kg of asbestos, other than crocidolites were exported from South Korea; standing approx. at 2021 figures. Over the period under review, exports recorded a dramatic setback. The smallest decline of 99.9% was in 2021.

In value terms, asbestos, other than crocidolite exports stood at $168 in 2022. Overall, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2021.

Export of Asbestos, Other than Crocidolite in South Korea (USD)
COUNTRY202020212022CAGR,
2020-2022
China73.0N/A16851.7%
Northern Mariana Islands263N/AN/A0%
OthersN/AN/AN/A0%
Total336N/A168-29.3%

Top Export Markets for Asbestos, Other than Crocidolite from South Korea in 2022:

  1. China (50.0 kg)

Source: IndexBox Market Intelligence Platform

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