Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea - 2022
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (CIF) - 2022
In December 2022, the average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,299 per ton, shrinking by -19.5% against the previous month. Over the period under review, the import price recorded a noticeable shrinkage. The growth pace was the most rapid in April 2022 when the average import price increased by 33% month-to-month. The import price peaked at $2,380 per ton in February 2022; however, from March 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 Germany ($5,544 per ton), while the price for Vietnam ($540 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (FOB) - 2022
In December 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $5,488 per ton, reducing by -57.8% against the previous month. Overall, the export price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 82% month-to-month. The export price peaked at $13,843 per ton in September 2022; however, from October 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($16,136 per ton), while the average price for exports to Japan ($745 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea
After three years of growth, overseas purchases of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -10.1% to 73K tons in 2022. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of 81K tons, and then shrank in the following year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $137M in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.5 | 49.7 | 75.9 | 96.9 | 21.1% |
| Germany | 5.3 | 4.7 | 6.8 | 9.5 | 21.5% |
| Israel | 1.1 | 1.0 | 1.0 | 2.2 | 26.0% |
| Vietnam | N/A | N/A | 0.2 | 1.3 | 550.0% |
| Others | 15.9 | 17.6 | 23.0 | 27.3 | 19.7% |
| Total | 76.8 | 73.0 | 107 | 137 | 21.3% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to South Korea in 2022:
- China (63.9K tons)
- Vietnam (2.2K tons)
- Germany (1.8K tons)
- Israel (1.1K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea
In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses exported from South Korea soared to 10K tons, growing by 269% against 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses skyrocketed to $37M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 1.2 | 2.5 | 28.1 | 165.6% |
| Thailand | 3.0 | 3.2 | 3.4 | 3.9 | 9.1% |
| Russia | 0.8 | 0.7 | 0.4 | 1.5 | 23.3% |
| Japan | 0.6 | 0.8 | 0.9 | 0.7 | 5.3% |
| Vietnam | 0.8 | 0.6 | 0.7 | 0.6 | -9.1% |
| Taiwan (Chinese) | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Indonesia | 0.8 | 0.3 | 0.1 | 0.1 | -50.0% |
| India | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.7 | 0.7 | 1.0 | 1.9 | 39.5% |
| Total | 8.7 | 7.8 | 9.4 | 37.1 | 62.2% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from South Korea in 2022:
- China (7.7K tons)
- Japan (0.5K tons)
- Thailand (0.5K tons)
- Russia (0.5K tons)
- Vietnam (0.2K tons)
- Taiwan (Chinese) (0.1K tons)
527
This report provides an in-depth analysis of the dicalcium phosphate market in Republic of Korea.
326
This report provides an in-depth analysis of the sodium phosphates market in Republic of Korea.
365
This report provides an in-depth analysis of the phosphinates and phosphonates market in Republic of Korea.
315
This report provides an in-depth analysis of the sodium triphosphate market in Republic of Korea.
183
This report provides an in-depth analysis of the market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate) in Republic of Korea.
1429
This report provides an in-depth analysis of the global dicalcium phosphate market.
638
This report provides an in-depth analysis of the global sodium phosphates market.
585
This report provides an in-depth analysis of the global phosphinates and phosphonates market.
582
This report provides an in-depth analysis of the global sodium triphosphate market.
140
This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
857
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1304
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
857
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1304
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
