Quartzite Price in South Korea - 2022
Contents:
- Quartzite Price in South Korea (CIF) - 2022
- Quartzite Price in South Korea (FOB) - 2022
- Quartzite Imports in South Korea
- Quartzite Exports in South Korea
Quartzite Price in South Korea (CIF) - 2022
In 2022, the average quartzite import price amounted to $222 per ton, shrinking by -11.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 23%. The import price peaked at $251 per ton in 2021, and then fell in the following year.
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 Germany ($309 per ton), while the price for Vietnam ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Quartzite Price in South Korea (FOB) - 2022
In 2022, the average quartzite export price amounted to $71 per ton, which is down by -8.4% against the previous year. In general, the export price saw a perceptible downturn. The growth pace was the most rapid in 2014 an increase of 15%. The export price peaked at $133 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -1.7% per year.
Quartzite Imports in South Korea
After two years of decline, supplies from abroad of quartzite increased by 72% to 2.3K tons in 2022. In general, imports, however, faced a sharp contraction.
In value terms, quartzite imports surged to $505K in 2022. Over the period under review, imports, however, showed a precipitous shrinkage.
Import of Quartzite in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 213 | 366 | 175 | 189 | -3.9% |
China | 521 | 163 | 72.5 | 177 | -30.2% |
Germany | 180 | 21.8 | 2.8 | 47.7 | -35.8% |
Vietnam | 90.8 | 43.0 | 32.9 | 40.5 | -23.6% |
India | 3.2 | 21.6 | 13.5 | 14.5 | 65.5% |
Others | 84.2 | 63.4 | 34.5 | 36.7 | -24.2% |
Total | 1,092 | 679 | 332 | 505 | -22.7% |
Top Suppliers of Quartzite to South Korea in 2022:
- Turkey (1110.2 tons)
- China (585.7 tons)
- Vietnam (310.4 tons)
- Germany (154.4 tons)
- India (81.1 tons)
Quartzite Exports in South Korea
In 2022, shipments abroad of quartzite was finally on the rise to reach 11K tons after two years of decline. Over the period under review, exports, however, saw a sharp reduction.
In value terms, quartzite exports skyrocketed to $757K in 2022. Overall, exports, however, recorded a dramatic slump.
Export of Quartzite in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.9 | 1.3 | 0.2 | 0.7 | -37.7% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 3.0 | 1.3 | 0.2 | 0.8 | -35.6% |
Top Export Markets for Quartzite from South Korea in 2022:
- Japan (10.6K tons)
This report provides an in-depth analysis of the market for porphyry, basalt and quartzites in Republic of Korea.
This report provides an in-depth analysis of the natural quartz crystal market in Republic of Korea.
This report provides an in-depth analysis of the global market for porphyry, basalt and quartzites.
This report provides an in-depth analysis of the global natural quartz crystal market.
This report provides an in-depth analysis of the market for porphyry, basalt and quartzites in Republic of Korea.
This report provides an in-depth analysis of the natural quartz crystal market in Republic of Korea.
This report provides an in-depth analysis of the global market for porphyry, basalt and quartzites.
This report provides an in-depth analysis of the global natural quartz crystal market.
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Explore the top import markets for natural quartz crystal in the world. Learn about the key countries driving the demand for this valuable mineral.
In 2016, approx. X tons of quartz were imported worldwide- dropping by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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