Price for Metals; Gold, Non-Monetary, Powder in South Korea - 2022
Contents:
- Price for Metals; Gold, Non-Monetary, Powder in South Korea (CIF) - 2022
- Price for Metals; Gold, Non-Monetary, Powder in South Korea (FOB) - 2022
- Imports of Metals; Gold, Non-Monetary, Powder in South Korea
- Exports of Metals; Gold, Non-Monetary, Powder in South Korea
Price for Metals; Gold, Non-Monetary, Powder in South Korea (CIF) - 2022
In 2022, the average metals; gold, non-monetary, powder import price amounted to $18,005,125 per ton, waning by -8.8% against the previous year. Overall, the import price, however, saw prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 87%. Over the period under review, average import prices attained the maximum at $19,751,544 per ton in 2021, and then fell in the following year.
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 ($30,081,114 per ton), while the price for China ($2,423,350 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1,263.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metals; Gold, Non-Monetary, Powder in South Korea (FOB) - 2022
In 2022, the average metals; gold, non-monetary, powder export price amounted to $22,394,000 per ton, waning by -14% against the previous year. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 191%. As a result, the export price reached the peak level of $26,033 per kg, and then contracted in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($22,586,907 per ton), while the average price for exports to Taiwan (Chinese) amounted to $22,233,879 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+98.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metals; Gold, Non-Monetary, Powder in South Korea
Metals; gold, non-monetary, powder imports into South Korea declined significantly to 8 kg in 2022, waning by -27.3% on 2021. In general, imports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 83%.
In value terms, metals; gold, non-monetary, powder imports declined dramatically to $144K in 2022. Overall, imports saw a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 170%.
| Import of Metals; Gold, Non-Monetary, Powder in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 359 | 42.0 | 74.4 | 76.9 | -40.2% |
| United States | 95.9 | 34.8 | 134 | 66.3 | -11.6% |
| China | 3.0 | 0.6 | 0.1 | 0.6 | -41.5% |
| Australia | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | 1.1 | 0.3 | 14.5% |
| Total | 458 | 77.9 | 210 | 144 | -32.0% |
Top Suppliers of Metals; Gold, Non-Monetary, Powder to South Korea in 2022:
- Japan (5.0 kg)
- United States (2.0 kg)
Exports of Metals; Gold, Non-Monetary, Powder in South Korea
Metals; gold, non-monetary, powder exports from South Korea was estimated at 1 kg in 2022, approximately mirroring the previous year. In general, exports showed a sharp shrinkage. The smallest decline of -50% was in 2021.
In value terms, metals; gold, non-monetary, powder exports dropped to $22K in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 102%.
| Export of Metals; Gold, Non-Monetary, Powder in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.1 | 0.3 | 11.8 | 12.1 | 394.6% |
| Japan | 9.0 | 11.2 | 9.9 | 10.2 | 4.3% |
| Northern Mariana Islands | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | 7.2 | 4.3 | N/A | -40.3% |
| Total | 9.3 | 18.8 | 26.0 | 22.4 | 34.0% |
Top Export Markets for Metals; Gold, Non-Monetary, Powder from South Korea in 2022:
- Taiwan (Chinese) (1.0 kg)
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