Price for Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea - 2022
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (FOB) - 2022
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (CIF) - 2022
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (FOB) - 2022
In December 2022, the average sulphates; alums; peroxosulphates (persulphates) export price amounted to $3,789 per ton, surging by 2.9% against the previous month. In general, the export price, however, saw a mild slump. The growth pace was the most rapid in March 2022 when the average export price increased by 58% m-o-m. Over the period under review, the average export prices reached the maximum at $6,962 per ton in April 2022; however, from May 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In December 2022, the highest price was recorded for prices to the Philippines ($4,962 per ton) and China ($4,210 per ton), while the average price for exports to Vietnam ($3,508 per ton) and Japan ($3,637 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+2.8%), while the prices for the other major destinations experienced a decline.
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (CIF) - 2022
The average sulphates; alums; peroxosulphates (persulphates) import price stood at $613 per ton in December 2022, dropping by -9.1% against the previous month. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in January 2022 an increase of 49% month-to-month. Over the period under review, average import prices attained the peak figure at $1,335 per ton in March 2022; however, from April 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 the United States ($8,611 per ton), while the price for China ($235 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 Japan (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea
In 2022, exports of sulphates; alums; peroxosulphates (persulphates)s from South Korea shrank markedly to 50K tons, reducing by -22.4% against the previous year. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 27%.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports fell to $221M in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 127%. As a result, the exports attained the peak of $241M, and then declined in the following year.
| Export of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 61.0 | 79.6 | 122 | 158 | 37.3% |
| China | 2.6 | 17.5 | 110 | 40.8 | 150.4% |
| Philippines | 2.9 | 2.4 | 2.0 | 15.1 | 73.3% |
| Vietnam | 3.0 | 2.4 | 4.4 | 5.3 | 20.9% |
| Others | 2.9 | 4.1 | 3.0 | 2.5 | -4.8% |
| Total | 72.4 | 106 | 241 | 221 | 45.1% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from South Korea in 2022:
- Japan (35.7K tons)
- China (8.4K tons)
- Philippines (2.7K tons)
- Vietnam (2.1K tons)
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea
In 2022, sulphates; alums; peroxosulphates (persulphates) imports into South Korea contracted markedly to 160K tons, waning by -19.9% on 2021 figures. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 7.9% against the previous year.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports contracted modestly to $154M in 2022. Over the period under review, imports recorded a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.2 | 70.2 | 88.8 | 58.9 | -9.4% |
| Finland | 31.1 | 22.4 | 10.7 | 29.2 | -2.1% |
| United States | 13.9 | 15.7 | 18.0 | 26.9 | 24.6% |
| Japan | 17.9 | 16.8 | 17.0 | 14.0 | -7.9% |
| India | 0.7 | 0.7 | 0.9 | 1.7 | 34.4% |
| Others | 29.8 | 17.7 | 24.2 | 23.5 | -7.6% |
| Total | 173 | 143 | 160 | 154 | -3.8% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to South Korea in 2022:
- China (127.7K tons)
- Japan (9.9K tons)
- Finland (5.1K tons)
- India (5.0K tons)
- United States (4.0K tons)
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