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Republic of Korea - Limestone Flux, Limestone And Calcareous Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Limestone Flux and Limestone in South Korea - 2022
Contents:
- Price for Limestone Flux and Limestone in South Korea (CIF) - 2022
- Price for Limestone Flux and Limestone in South Korea (FOB) - 2022
- Imports of Limestone Flux and Limestone in South Korea
- Exports of Limestone Flux and Limestone in South Korea
Price for Limestone Flux and Limestone in South Korea (CIF) - 2022
The average limestone flux and limestone import price stood at $23 per ton in 2022, reducing by -8.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. As a result, import price reached the peak level of $25 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($165 per ton), while the price for Vietnam ($21 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Limestone Flux and Limestone in South Korea (FOB) - 2022
The average limestone flux and limestone export price stood at $182 per ton in 2022, growing by 36% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $200 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($355 per ton), while the average price for exports to Uzbekistan ($117 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 China (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Limestone Flux and Limestone in South Korea
Limestone flux and limestone imports into South Korea stood at 2.4M tons in 2022, picking up by 14% against the previous year's figure. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 3M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, limestone flux and limestone imports amounted to $56M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports reached the peak of $61M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Limestone Flux and Limestone in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 35.0 | 34.4 | 34.6 | 37.3 | 2.1% |
Vietnam | 11.0 | 26.1 | 13.0 | 17.7 | 17.2% |
Others | 2.5 | 0.4 | 6.3 | 0.9 | -28.9% |
Total | 48.6 | 60.9 | 53.9 | 55.9 | 4.8% |
Top Suppliers of Limestone Flux and Limestone to South Korea in 2022:
- Japan (1607.7K tons)
- Vietnam (835.0K tons)
Exports of Limestone Flux and Limestone in South Korea
After three years of growth, overseas shipments of limestone flux, limestone and calcareous stone decreased by -95.9% to 983 tons in 2022. In general, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 92%. As a result, the exports attained the peak of 24K tons, and then fell notably in the following year.
In value terms, limestone flux and limestone exports declined notably to $179K in 2022. Overall, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 51%. As a result, the exports reached the peak of $3.3M, and then plummeted in the following year.
Export of Limestone Flux and Limestone in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,209 | 2,077 | 2,964 | 90.9 | -57.8% |
Indonesia | 53.6 | 36.2 | 60.4 | 42.1 | -7.7% |
Hungary | N/A | N/A | N/A | 12.1 | 0% |
Uzbekistan | N/A | 0.1 | 21.0 | 9.9 | 895.0% |
Vietnam | N/A | 0.2 | 3.2 | 9.1 | 574.5% |
United States | 27.5 | 4.8 | 11.8 | 8.3 | -32.9% |
Taiwan (Chinese) | 216 | N/A | N/A | N/A | 0% |
Others | 9.2 | 37.1 | 190 | 6.2 | -12.3% |
Total | 1,516 | 2,155 | 3,250 | 179 | -50.9% |
Top Export Markets for Limestone Flux and Limestone from South Korea in 2022:
- China (600.0 tons)
- Indonesia (149.4 tons)
- Uzbekistan (85.0 tons)
- Vietnam (61.6 tons)
- United States (45.6 tons)
- Hungary (34.0 tons)
This report provides an in-depth analysis of the market for limestone flux and limestone 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 08112050 - Limestone flux, limestone and other calcareous stone used for the manufacture of lime or cement (excluding crushed limestone aggregate and calcareous dimension stone)
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
-
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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