Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea - 2022

Contents:

  1. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (CIF) - 2022
  2. Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (FOB) - 2022
  3. Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea
  4. Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (CIF) - 2022

In December 2022, the average import price for oxides, hydroxides and peroxides, of strontium or baria amounted to $1,943 per ton, falling by -16.8% against the previous month. In general, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in January 2022 an increase of 24% m-o-m. Over the period under review, average import prices attained the maximum at $3,580 per ton in September 2022; however, from October 2022 to December 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($14,624 per ton), while the price for China stood at $1,581 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.6%).

Price for Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (FOB) - 2022

In 2022, the average export price for oxides, hydroxides and peroxides, of strontium or baria amounted to $20,640 per ton, growing by 3.9% against the previous year. In general, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,335% against the previous year. The export price peaked at $32,886 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($99,364 per ton), while the average price for exports to China ($14,037 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 Japan (+67.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea

In 2022, imports of oxides, hydroxides and peroxides, of strontium or baria into South Korea fell notably to 2.8K tons, waning by -19.6% compared with 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 3.4K tons, and then contracted rapidly in the following year.

In value terms, imports of oxides, hydroxides and peroxides, of strontium or baria shrank to $8.7M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $9.8M, and then shrank in the following year.

Import of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.66.47.76.3-1.5%
Japan0.70.71.72.041.9%
Others0.30.40.40.30.0%
Total7.67.59.88.74.6%

Top Suppliers of Oxides, Hydroxides and Peroxides, of Strontium or Barium to South Korea in 2022:

  1. China (2232.7 tons)
  2. Japan (507.1 tons)

Exports of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea

Exports of oxides, hydroxides and peroxides, of strontium or baria from South Korea soared to 211 kg in 2022, growing by 49% on 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 441%. As a result, the exports reached the peak of 465 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oxides, hydroxides and peroxides, of strontium or baria soared to $4.4K in 2022. In general, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 484% against the previous year. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oxides, Hydroxides and Peroxides, of Strontium or Barium in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A2.60%
Taiwan (Chinese)1.512.61.21.1-9.8%
Thailand0.51.50.20.4-7.2%
IndiaN/AN/A0.9N/A0%
SingaporeN/A0.3N/AN/A0%
Others0.60.80.60.2-30.7%
Total2.615.32.84.419.2%

Top Export Markets for Oxides, Hydroxides and Peroxides, of Strontium or Barium from South Korea in 2022:

  1. China (188.0 kg)
  2. Taiwan (Chinese) (11.0 kg)
  3. Thailand (5.0 kg)

Source: IndexBox Market Intelligence Platform

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