Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea - 2022

Contents:

  1. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (CIF) - 2022
  2. Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (FOB) - 2022
  3. Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea
  4. Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (CIF) - 2022

The average import price for sulphides of non-metals; commercial phosphorus trisulphides stood at $73,356 per ton in 2022, declining by -34.2% against the previous year. Overall, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 220%. The import price peaked at $245,650 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($194,618 per ton), while the price for the United States ($13,701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (FOB) - 2022

In 2022, the average export price for sulphides of non-metals; commercial phosphorus trisulphides amounted to $101,099 per ton, growing by 15% against the previous year. In general, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 291%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 Japan amounted to +292.3% per year.

Imports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea

In 2022, the amount of sulphides of non-metals; commercial phosphorus trisulphides imported into South Korea soared to 225 tons, rising by 118% compared with the year before. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sulphides of non-metals; commercial phosphorus trisulphides soared to $17M in 2022. In general, imports, however, showed a slight reduction.

Import of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan16.417.09.99.9-15.5%
China0.81.11.56.5101.0%
United States0.10.10.1N/A0.0%
OthersN/AN/AN/A0.10%
Total17.318.311.516.5-1.6%

Top Suppliers of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide to South Korea in 2022:

  1. China (169.0 tons)
  2. Japan (50.9 tons)
  3. United States (3.5 tons)

Exports of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea

In 2022, shipments abroad of sulphides of non-metals; commercial phosphorus trisulphides decreased by -21.3% to 26 tons, falling for the second year in a row after two years of growth. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 192% against the previous year. As a result, the exports attained the peak of 111 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of sulphides of non-metals; commercial phosphorus trisulphides contracted to $2.6M in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,041%. As a result, the exports attained the peak of $5.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Sulphides of Non-Metals; Commercial Phosphorus Trisulphide in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.12.72.6409.9%
American SamoaN/AN/AN/AN/A0%
Japan0.55.40.1N/A-55.3%
OthersN/AN/AN/AN/A0%
Total0.55.52.92.673.2%

Top Export Markets for Sulphides of Non-Metals; Commercial Phosphorus Trisulphide from South Korea in 2022:

  1. China (25.8 tons)

Source: IndexBox Market Intelligence Platform

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