Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in South Korea - 2022

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea (CIF) - 2022
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea (FOB) - 2022
3. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea
4. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea (CIF) - 2022

The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $3,105 per ton in 2022, growing by 7.3% 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 2018 an increase of 14%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,565 per ton), while the price for China ($2,919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea (FOB) - 2022

The average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $6,669 per ton in 2022, picking up by 45% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate increased by +50.9% against 2018 indices. Over the period under review, the average export prices reached the peak figure at $6,679 per ton in 2016; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($8,520 per ton), while the average price for exports to Thailand ($5,043 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 the United Arab Emirates (+30.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea

After three years of growth, overseas purchases of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -27.6% to 206 tons in 2022. Overall, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate shrank markedly to $639K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to South Korea in 2022:

1. China (202.0 tons)

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in South Korea

In 2022, shipments abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -52% to 3.6 tons, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of less than 0.1%. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate contracted sharply to $24K in 2022. In general, exports faced a dramatic decrease. The smallest decline of -2.3% was in 2020.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from South Korea in 2022:

1. Thailand (1790.0 kg)
2. Vietnam (1470.0 kg)
3. Malaysia (300.0 kg)

Source: IndexBox Market Intelligence Platform