Republic of Korea - Copper Mattes And Cement Copper - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Matte Price in South Korea - 2022
Contents:
- Copper Matte Price in South Korea (CIF) - 2022
- Copper Matte Price in South Korea (FOB) - 2022
- Copper Matte Imports in South Korea
- Copper Matte Exports in South Korea
Copper Matte Price in South Korea (CIF) - 2022
In December 2022, the average copper matte import price amounted to $3,974 per ton, picking up by 10% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2022 an increase of 36% against the previous month. As a result, import price attained the peak level of $5,186 per ton. From June 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 Zambia ($6,362 per ton), while the price for India ($1,300 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 Japan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper Matte Price in South Korea (FOB) - 2022
In 2022, the average copper matte export price amounted to $4,409 per ton, picking up by 37% against the previous year. In general, the export price posted resilient growth. The growth pace was the most rapid in 2017 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($6,404 per ton), while the average price for exports to Thailand ($524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Matte Imports in South Korea
In 2022, approx. 76K tons of copper mattes and cement copper were imported into South Korea; increasing by 42% on the previous year's figure. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper matte imports soared to $324M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Copper Matte in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 12.3 | 38.9 | 33.1 | 101 | 101.7% |
| Canada | 38.6 | 31.7 | 12.4 | 45.1 | 5.3% |
| Zambia | N/A | N/A | 12.2 | 27.7 | 127.0% |
| Chile | 19.3 | 16.3 | 8.2 | 22.5 | 5.2% |
| Peru | 14.6 | 14.5 | 37.2 | 17.9 | 7.0% |
| India | 5.9 | 4.4 | 7.1 | 15.6 | 38.3% |
| Hong Kong SAR | 12.6 | 12.7 | 6.9 | 13.0 | 1.0% |
| Brazil | N/A | 0.7 | 6.8 | 12.3 | 319.2% |
| Taiwan (Chinese) | 5.8 | 7.2 | 6.3 | 11.4 | 25.3% |
| Japan | 1.9 | 5.8 | 3.1 | 11.0 | 79.6% |
| Belgium | 10.9 | 11.6 | 6.1 | 7.0 | -13.7% |
| Others | 30.0 | 37.1 | 12.5 | 39.9 | 10.0% |
| Total | 152 | 181 | 152 | 324 | 28.7% |
Top Suppliers of Copper Matte to South Korea in 2022:
- Mexico (16.1K tons)
- Canada (6.9K tons)
- India (6.8K tons)
- Hong Kong SAR (6.5K tons)
- Chile (5.8K tons)
- Japan (5.4K tons)
- Taiwan (Chinese) (4.8K tons)
- Brazil (4.3K tons)
- Zambia (3.8K tons)
- Peru (3.5K tons)
- Belgium (1.3K tons)
Copper Matte Exports in South Korea
In 2022, overseas shipments of copper mattes and cement copper decreased by -31.4% to 7.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 11% against the previous year.
In value terms, copper matte exports shrank to $31M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $33M, and then shrank in the following year.
| Export of Copper Matte in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 10.3 | 20.7 | 18.7 | 39.4% |
| Australia | 12.0 | 10.1 | 10.6 | 11.3 | -2.0% |
| Thailand | N/A | 0.9 | 1.6 | 0.8 | -5.7% |
| Japan | 1.4 | 0.7 | 0.4 | 0.6 | -24.6% |
| Cambodia | N/A | 0.3 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 20.3 | 22.4 | 33.4 | 31.4 | 15.6% |
Top Export Markets for Copper Matte from South Korea in 2022:
- Cambodia (undefinedK tons)
- China (3.5K tons)
- Australia (1.8K tons)
- Thailand (1.4K tons)
- Japan (0.4K tons)
This report provides an in-depth analysis of the copper matte 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 24441100 - Copper mattes, cement copper (precipitated copper) (excluding copper powder)
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.
-
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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This report provides an in-depth analysis of the copper matte market in Republic of Korea.
1797
This report provides an in-depth analysis of the global copper matte market.
761
This report provides an in-depth analysis of the copper matte market in Republic of Korea.
1797
This report provides an in-depth analysis of the global copper matte market.
532
In 2020, global copper matte imports surged to 374K tons, picking up by 27% against 2019 figures. In value terms, supplies soared from $0.8B to $1.2B.
1292
In value terms, copper mattes imports stood at $X in 2016. Overall, copper mattes imports continue to indicate a drastic contraction. Over the period under review, global copper mattes imports reac...
1782
In value terms, copper powders and flakes imports stood at $X in 2016. Overall, copper powders and flakes imports continue to indicate a significant decline. Global copper powders and flakes import...
1187
In value terms, copper powders and flakes exports totaled $X in 2016. In general, copper powders and flakes exports continue to indicate a moderate downturn. Global copper powders and flakes export...
532
In 2020, global copper matte imports surged to 374K tons, picking up by 27% against 2019 figures. In value terms, supplies soared from $0.8B to $1.2B.
1292
In value terms, copper mattes imports stood at $X in 2016. Overall, copper mattes imports continue to indicate a drastic contraction. Over the period under review, global copper mattes imports reac...
1782
In value terms, copper powders and flakes imports stood at $X in 2016. Overall, copper powders and flakes imports continue to indicate a significant decline. Global copper powders and flakes import...
1187
In value terms, copper powders and flakes exports totaled $X in 2016. In general, copper powders and flakes exports continue to indicate a moderate downturn. Global copper powders and flakes export...
