Republic of Korea - Antimony Oxides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAntimony Oxides Price in South Korea - 2022
Contents:
- Antimony Oxides Price in South Korea (CIF) - 2022
- Antimony Oxides Price in South Korea (FOB) - 2022
- Antimony Oxides Imports in South Korea
- Antimony Oxides Exports in South Korea
Antimony Oxides Price in South Korea (CIF) - 2022
In December 2022, the average antimony oxides import price amounted to $9,745 per ton, which is down by -8.2% against the previous month. Overall, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in April 2022 an increase of 6.4% m-o-m. As a result, import price reached the peak level of $11,844 per ton. From May 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -0.9% per month.
Antimony Oxides Price in South Korea (FOB) - 2022
The average antimony oxides export price stood at $8,898 per ton in December 2022, reducing by -8.8% against the previous month. Overall, the export price saw a slight descent. The growth pace was the most rapid in October 2022 an increase of 130% against the previous month. The export price peaked at $11,187 per ton in January 2022; however, from February 2022 to December 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($10,323 per ton), while the average price for exports to the United States ($6,400 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.1%), while the prices for the other major destinations experienced a decline.
Antimony Oxides Imports in South Korea
In 2022, imports of antimony oxides into South Korea reduced markedly to 3.1K tons, with a decrease of -20.8% against the previous year's figure. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 5.5% against the previous year. As a result, imports attained the peak of 4K tons, and then declined sharply in the following year.
In value terms, antimony oxides imports expanded to $35M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Antimony Oxides in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 17.5 | 31.5 | 32.8 | 20.4% |
| Belgium | 1.3 | 0.8 | 1.2 | 1.7 | 9.4% |
| Thailand | 1.8 | 1.6 | 1.5 | 0.2 | -51.9% |
| Others | 1.0 | 0.1 | 0.1 | 0.1 | -53.6% |
| Total | 22.9 | 20.0 | 34.3 | 34.9 | 15.1% |
Top Suppliers of Antimony Oxides to South Korea in 2022:
- China (3004.8 tons)
- Belgium (112.0 tons)
- Thailand (20.0 tons)
Antimony Oxides Exports in South Korea
Antimony oxides exports from South Korea was estimated at 1.9K tons in 2022, growing by 4.1% on the previous year's figure. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, antimony oxides exports skyrocketed to $18M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Antimony Oxides in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.4 | 2.8 | 5.6 | 6.3 | 12.7% |
| Netherlands | 2.6 | 1.7 | 3.4 | 4.3 | 18.3% |
| Vietnam | 0.6 | 0.6 | 1.7 | 3.5 | 80.0% |
| United States | 0.4 | 0.3 | 0.7 | 1.7 | 62.0% |
| Poland | 0.7 | 1.0 | 2.3 | 1.3 | 22.9% |
| Turkey | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| India | N/A | N/A | 0.3 | 0.3 | 0.0% |
| United Kingdom | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 0.7 | 0.4 | 0.9 | 0.8 | 4.6% |
| Total | 10.1 | 7.5 | 15.3 | 18.4 | 22.1% |
Top Export Markets for Antimony Oxides from South Korea in 2022:
- Italy (560.0 tons)
- Vietnam (460.1 tons)
- Netherlands (380.0 tons)
- United States (264.9 tons)
- Poland (115.0 tons)
- India (32.0 tons)
- Turkey (24.0 tons)
This report provides an in-depth analysis of the antimony oxides market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20121975 - Antimony oxides
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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