Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea - 2022

Contents:

  1. Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (FOB) - 2022
  2. Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (CIF) - 2022
  3. Exports of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea
  4. Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea

Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (FOB) - 2022

In December 2022, the average export price for fluorides; other than of ammonium or sodium or aluminia amounted to $6,538 per ton, reducing by -22.2% against the previous month. In general, the export price showed a pronounced descent. The growth pace was the most rapid in January 2022 an increase of 57% m-o-m. Over the period under review, the average export prices reached the peak figure at $13,378 per ton in April 2022; however, from May 2022 to December 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Taiwan (Chinese) ($71,174 per ton), while the average price for exports to China amounted to $5,546 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.2%).

Price for Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (CIF) - 2022

The average import price for fluorides; other than of ammonium or sodium or aluminia stood at $5,213 per ton in 2022, waning by -6.1% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 37%. The import price peaked at $6,187 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United States ($53,357 per ton), while the price for Japan ($3,230 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea

After three years of growth, overseas shipments of fluorides; other than of ammonium or sodium or aluminia decreased by -1.2% to 7.3K tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.4% 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 increased by +88.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year.

In value terms, exports of fluorides; other than of ammonium or sodium or aluminia shrank to $67M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 46%.

Export of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.049.460.752.117.6%
Taiwan (Chinese)5.79.48.88.715.1%
Others9.710.38.16.7-11.6%
Total47.569.277.667.512.4%

Top Export Markets for Fluorides; Other than of Ammonium or Sodium or Aluminium from South Korea in 2022:

  1. China (7.1K tons)
  2. Taiwan (Chinese) (0.1K tons)

Imports of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea

In 2022, approx. 12K tons of fluorides; other than of ammonium or sodium or aluminia were imported into South Korea; therefore, remained relatively stable against the previous year. Over the period under review, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%.

In value terms, imports of fluorides; other than of ammonium or sodium or aluminia reduced to $64M in 2022. In general, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2%.

Import of Fluorides; Other than of Ammonium or Sodium or Aluminium in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan36.427.229.329.1-7.2%
United States21.824.823.217.6-6.9%
China8.58.513.416.023.5%
Germany1.10.90.80.7-14.0%
Others0.30.40.60.518.6%
Total68.161.767.463.9-2.1%

Top Suppliers of Fluorides; Other than of Ammonium or Sodium or Aluminium to South Korea in 2022:

  1. Japan (9.0K tons)
  2. China (2.7K tons)
  3. United States (0.3K tons)
  4. Germany (0.2K tons)

Source: IndexBox Market Intelligence Platform

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