Republic of Korea - Calcium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCalcium Carbonate Price in South Korea - 2022
Contents:
- Calcium Carbonate Price in South Korea (CIF) - 2022
- Calcium Carbonate Price in South Korea (FOB) - 2022
- Calcium Carbonate Imports in South Korea
- Calcium Carbonate Exports in South Korea
Calcium Carbonate Price in South Korea (CIF) - 2022
In 2022, the average calcium carbonate import price amounted to $726 per ton, reducing by -13.5% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, calcium carbonate import price increased by +61.6% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 48% against the previous year. As a result, import price reached the peak level of $839 per ton, and then shrank 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 the UK ($1,167 per ton), while the price for Vietnam ($116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Calcium Carbonate Price in South Korea (FOB) - 2022
In December 2022, the average calcium carbonate export price amounted to $698 per ton, reducing by -35.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 73% against the previous month. As a result, the export price reached the peak level of $1,281 per ton. From September 2022 to December 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,474 per ton), while the average price for exports to Indonesia ($436 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 the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Calcium Carbonate Imports in South Korea
Calcium carbonate imports into South Korea shrank to 19K tons in 2022, waning by -13.4% on the year before. Overall, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 22K tons, and then reduced in the following year.
In value terms, calcium carbonate imports reduced sharply to $14M in 2022. In general, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $19M, and then contracted markedly in the following year.
| Import of Calcium Carbonate in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.2 | 6.0 | 10.1 | 7.7 | 7.5% |
| United Kingdom | 1.0 | 0.7 | 2.3 | 1.6 | 17.0% |
| China | 0.4 | 0.3 | 1.2 | 0.9 | 31.0% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.8 | 0.7 | 0.0% |
| France | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Malaysia | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
| Vietnam | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| Others | 1.2 | 1.0 | 2.6 | 1.9 | 16.6% |
| Total | 10.3 | 9.2 | 18.5 | 13.9 | 10.5% |
Top Suppliers of Calcium Carbonate to South Korea in 2022:
- Japan (9.3K tons)
- Vietnam (2.7K tons)
- Taiwan (Chinese) (1.6K tons)
- United Kingdom (1.4K tons)
- France (1.3K tons)
- China (1.3K tons)
- Malaysia (0.5K tons)
Calcium Carbonate Exports in South Korea
In 2022, shipments abroad of calcium carbonate increased by 54% to 3.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous slump.
In value terms, calcium carbonate exports soared to $1.7M in 2022. Overall, exports, however, showed a precipitous curtailment.
| Export of Calcium Carbonate in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 719 | 409 | 402 | 540 | -9.1% |
| Vietnam | 673 | 442 | 254 | 341 | -20.3% |
| Mexico | 606 | 168 | 142 | 191 | -31.9% |
| Uzbekistan | 618 | 32.6 | 129 | 173 | -34.6% |
| United States | 177 | 179 | 107 | 144 | -6.6% |
| China | 514 | 165 | 96.8 | 130 | -36.8% |
| Bangladesh | 184 | 109 | 15.9 | 43.2 | -38.3% |
| Germany | N/A | 208 | N/A | N/A | 0% |
| Oman | 269 | N/A | N/A | N/A | 0% |
| Others | 320 | 479 | 82.0 | 147 | -22.8% |
| Total | 4,080 | 2,190 | 1,230 | 1,710 | -25.2% |
Top Export Markets for Calcium Carbonate from South Korea in 2022:
- Indonesia (1605.8 tons)
- China (528.3 tons)
- Mexico (372.0 tons)
- Uzbekistan (327.5 tons)
- Vietnam (245.2 tons)
- United States (215.9 tons)
- Bangladesh (112.2 tons)
This report provides an in-depth analysis of the calcium carbonate 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 20134340 - Calcium carbonate
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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