Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea - 2022

Contents:

  1. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (CIF) - 2022
  2. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (FOB) - 2022
  3. Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea
  4. Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (CIF) - 2022

The average import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses stood at $1,224 per ton in 2022, falling by -24.5% against the previous year. Over the period under review, the import price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $1,693 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($3,776 per ton), while the price for the United States ($792 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (FOB) - 2022

In 2022, the average export price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses amounted to $39,108 per ton, reducing by -36% against the previous year. In general, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 294%. Over the period under review, the average export prices hit record highs at $61,104 per ton in 2021, and then fell rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($90,290 per ton), while the average price for exports to Malaysia ($14,084 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 Taiwan (Chinese) (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea

Imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses into South Korea skyrocketed to 10K tons in 2022, picking up by 40% compared with the previous year's figure. Over the period under review, imports recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 135%. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses expanded significantly to $12M in 2022. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.09.44.26.730.7%
China0.81.10.91.111.2%
France2.04.53.61.0-20.6%
Canada0.20.60.70.535.7%
Sweden0.8N/AN/A0.3-27.9%
Others3.33.42.22.6-7.6%
Total10.119.111.612.26.5%

Top Suppliers of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates to South Korea in 2022:

  1. United States (8.4K tons)
  2. Canada (0.5K tons)
  3. China (0.5K tons)
  4. France (0.3K tons)
  5. Sweden (0.2K tons)

Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea

In 2022, after two years of decline, there was significant growth in shipments abroad of chlorates and perchlorates; bromates and perbromates; iodates and periodateses, when their volume increased by 95% to 2 tons. Over the period under review, exports, however, faced a sharp curtailment.

In value terms, exports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses soared to $80K in 2022. In general, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 37%.

Export of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A32.20%
Taiwan (Chinese)21.723.136.426.87.3%
Thailand3.42.312.67.329.0%
Singapore4.57.96.46.714.2%
Malaysia0.40.30.93.9113.6%
Hong Kong SAR0.50.41.31.440.9%
Philippines25.01.71.30.5-72.9%
Vietnam53.04.52.90.3-82.2%
Others4.86.62.20.8-45.0%
Total11346.864.079.9-10.9%

Top Export Markets for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates from South Korea in 2022:

  1. Indonesia (1150.0 kg)
  2. Taiwan (Chinese) (297.0 kg)
  3. Malaysia (275.0 kg)
  4. Singapore (162.0 kg)
  5. Thailand (82.0 kg)
  6. Hong Kong SAR (41.0 kg)
  7. Vietnam (3.0 kg)
  8. Philippines (2.0 kg)

Source: IndexBox Market Intelligence Platform

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