Carbonates; Strontium Carbonate Price in South Korea - 2022
Contents:
- Carbonates; Strontium Carbonate Price in South Korea (CIF) - 2022
- Carbonates; Strontium Carbonate Price in South Korea (FOB) - 2022
- Carbonates; Strontium Carbonate Imports in South Korea
- Carbonates; Strontium Carbonate Exports in South Korea
Carbonates; Strontium Carbonate Price in South Korea (CIF) - 2022
The average carbonates; strontium carbonate import price stood at $1,716 per ton in December 2022, waning by -11.6% against the previous month. Over the period under review, import price indicated a measured increase from December 2021 to December 2022: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, carbonates; strontium carbonate import price increased by +2.0% against October 2022 indices. The pace of growth was the most pronounced in June 2022 when the average import price increased by 42% month-to-month. As a result, import price reached the peak level of $2,109 per ton. From July 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,521 per ton), while the price for Mexico ($1,447 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 Germany (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Strontium Carbonate Price in South Korea (FOB) - 2022
In 2022, the average carbonates; strontium carbonate export price amounted to $1,103 per ton, rising by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2014 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the maximum at $1,122 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,577 per ton), while the average price for exports to Taiwan (Chinese) amounted to $1,094 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Strontium Carbonate Imports in South Korea
In 2022, the amount of carbonates; strontium carbonates imported into South Korea fell to 14K tons, which is down by -10.5% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of 15K tons, and then dropped in the following year.
In value terms, carbonates; strontium carbonate imports declined to $12M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $14M, and then reduced in the following year.
| Import of Carbonates; Strontium Carbonate in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.3 | 7.5 | 10.4 | 8.7 | 1.6% |
| Spain | 0.9 | 1.3 | 2.6 | 2.2 | 34.7% |
| Mexico | 1.6 | 0.9 | 0.9 | 0.9 | -17.5% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 10.9 | 9.8 | 13.9 | 11.9 | 3.0% |
Top Suppliers of Carbonates; Strontium Carbonate to South Korea in 2022:
- Germany (10.3K tons)
- Spain (1.9K tons)
- Mexico (1.2K tons)
Carbonates; Strontium Carbonate Exports in South Korea
In 2022, overseas shipments of carbonates; strontium carbonates increased by 3.9% to 5.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous decline.
In value terms, carbonates; strontium carbonate exports reached $5.7K in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage.
| Export of Carbonates; Strontium Carbonate in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.5 | 1.2 | 3.5 | 5.5 | 122.4% |
| Vietnam | 6.7 | 4.4 | 0.1 | 0.1 | -75.4% |
| Japan | 0.2 | N/A | 1.8 | N/A | 200.0% |
| China | 7.9 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.4 | N/A | N/A | -20.0% |
| Total | 15.9 | 6.0 | 5.3 | 5.7 | -29.0% |
Top Export Markets for Carbonates; Strontium Carbonate from South Korea in 2022:
- Taiwan (Chinese) (5.0 tons)
- Vietnam (0.1 tons)
443
This report provides an in-depth analysis of the carbonate market in Republic of Korea.
18
This report provides an in-depth analysis of the other carbonates market in Republic of Korea.
487
This report provides an in-depth analysis of the sodium carbonate market in Republic of Korea.
553
This report provides an in-depth analysis of the calcium carbonate market in Republic of Korea.
391
This report provides an in-depth analysis of the baking soda market in Republic of Korea.
485
This report provides an in-depth analysis of the lithium carbonate market in Republic of Korea.
410
This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in Republic of Korea.
1385
This report provides an in-depth analysis of the global carbonate market.
15
This report provides an in-depth analysis of the global other carbonates market.
1352
This report provides an in-depth analysis of the global sodium carbonate market.
272
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
1583
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1094
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1562
The U.S. continued its dominance in the global carbonate and peroxocarbonate trade. In 2014, the U.S. exported X million tons of carbonates and peroxocarbonates totaling X billion USD, X% over the previous year. Its primary trading partner was Mexi
478
Explore the world's best import markets for lithium carbonate, backed by key statistics. Discover the leading countries importing lithium carbonate, including China, South Korea, and Japan.
668
The pandemic hit battery manufacturing, which is the main lithium-consuming industry hard. Lithium supplies on the global market exceeded demand, resulting in a fall in lithium prices. In the second half of 2020, lithium demand started to recover, buoyed by strong battery sales. Strategic partnerships shaped during the Covid crisis enabled lithium manufacturers to secure stable product supply chains.
297
Explore the top import markets for lithium oxide, hydroxide, and carbonate, including China, South Korea, Japan, and more. Discover key statistics and insights on the demand for these essential components in the production of lithium-ion batteries.
272
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
1583
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1094
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
