Price for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea - 2022
Contents:
- Price for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (CIF) - 2022
- Price for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (FOB) - 2022
- Imports of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea
- Exports of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea
Price for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (CIF) - 2022
In December 2022, the average import price for slag and ash; ash and residues from the incineration of municipal wastes amounted to $1,605 per ton, surging by 7.2% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +6.0%. The most prominent rate of growth was recorded in January 2022 an increase of 55% against the previous month. Over the period under review, average import prices attained the maximum at $1,618 per ton in February 2022; afterwards, it flattened through to December 2022.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From December 2021 to December 2022, the rate of growth in terms of prices for the UK amounted to +0.9% per month.
Price for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (FOB) - 2022
In 2022, the average export price for slag and ash; ash and residues from the incineration of municipal wastes amounted to $6,513 per ton, surging by 39% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.7% per year.
Imports of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea
In 2022, purchases abroad of slag and ash; ash and residues from the incineration of municipal wastes decreased by -17.1% to 3.4K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,849,793%. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of slag and ash; ash and residues from the incineration of municipal wastes reached $5.2M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,887,323%. As a result, imports reached the peak of $10M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 3.1 | 1.3 | 4.7 | 23.1% |
| Belgium | N/A | 5.5 | 3.1 | 0.4 | -73.0% |
| New Zealand | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Germany | N/A | 1.0 | 0.7 | N/A | -30.0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | N/A | 10.0 | 5.1 | 5.2 | -27.9% |
Top Suppliers of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste to South Korea in 2022:
- United Kingdom (3002.8 tons)
- Belgium (210.8 tons)
- New Zealand (168.0 tons)
Exports of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea
For the fourth year in a row, South Korea recorded growth in overseas shipments of slag and ash; ash and residues from the incineration of municipal wastes, which increased by 50% to 2.2 tons in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of slag and ash; ash and residues from incineration of municipal wastes reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of slag and ash; ash and residues from the incineration of municipal wastes skyrocketed to $14K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 133% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Slag and Ash; Ash and Residues from the Incineration of Municipal Waste in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 2.9 | 6.8 | 14.2 | 69.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.9 | 2.9 | 6.8 | 14.2 | 69.8% |
Top Export Markets for Slag and Ash; Ash and Residues from the Incineration of Municipal Waste from South Korea in 2022:
- China (2.2 tons)
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