Republic of Korea - Dolomite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDolomite Price in South Korea - 2022
Contents:
- Dolomite Price in South Korea (FOB) - 2022
- Dolomite Price in South Korea (CIF) - 2022
- Dolomite Exports in South Korea
- Dolomite Imports in South Korea
Dolomite Price in South Korea (FOB) - 2022
In 2022, the average dolomite export price amounted to $39 per ton, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2018 an increase of 18%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($93 per ton), while the average price for exports to Japan totaled $32 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.5%).
Dolomite Price in South Korea (CIF) - 2022
The average dolomite import price stood at $190 per ton in 2022, rising by 8.6% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 143% against the previous year. Over the period under review, average import prices reached the maximum at $222 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($917 per ton), while the price for China ($58 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Dolomite Exports in South Korea
In 2022, the amount of dolomite exported from South Korea dropped to 306K tons, waning by -3.4% against 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports attained the peak of 317K tons, and then declined in the following year.
In value terms, dolomite exports amounted to $12M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Dolomite in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.4 | 7.3 | 10.2 | 8.8 | 1.6% |
China | 0.9 | 1.0 | 0.6 | 0.7 | -8.0% |
Others | 0.3 | 0.4 | 0.2 | 2.4 | 100.0% |
Total | 9.6 | 8.7 | 10.9 | 12.0 | 7.7% |
Top Export Markets for Dolomite from South Korea in 2022:
- Japan (279.0K tons)
- China (7.8K tons)
Dolomite Imports in South Korea
In 2022, overseas purchases of dolomite decreased by -13.9% to 4.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 34%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dolomite imports dropped to $848K in 2022. Overall, imports showed a deep downturn.
Import of Dolomite in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 304 | 414 | 162 | 252 | -6.1% |
Vietnam | 592 | 282 | 95.4 | 251 | -24.9% |
United States | 252 | 207 | 117 | 183 | -10.1% |
Norway | 107 | 97.9 | 54.7 | 75.8 | -10.9% |
Japan | 124 | 92.9 | 46.2 | 64.0 | -19.8% |
Germany | 167 | 85.8 | 29.9 | 15.1 | -55.1% |
Others | 71.2 | 54.1 | 401 | 7.1 | -53.6% |
Total | 1,616 | 1,233 | 907 | 848 | -19.3% |
Top Suppliers of Dolomite to South Korea in 2022:
- China (4.4K tons)
- Vietnam (3.8K tons)
- United States (0.7K tons)
- Japan (0.6K tons)
- Norway (0.3K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the dolomite 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 08113030 - Dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs (excluding calcined or sintered dolomite, agglomerated dolomite and broken or crushed dolomite for concrete aggregates, road metalling or railway or other ballast)
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
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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
This report provides an in-depth analysis of the dolomite market in Republic of Korea.
This report provides an in-depth analysis of the dolomite market in Republic of Korea.
This report provides an in-depth analysis of the agglomerated dolomite market in Republic of Korea.
This report provides an in-depth analysis of the market for calcined and sintered dolomite in Republic of Korea.
This report provides an in-depth analysis of the lime market in Republic of Korea.
This report provides an in-depth analysis of the global dolomite market.
This report provides an in-depth analysis of the global dolomite market.
This report provides an in-depth analysis of the global agglomerated dolomite market.
This report provides an in-depth analysis of the global market for calcined and sintered dolomite.
This report provides an in-depth analysis of the global lime market.
Global dolomite trade soared to $542M in 2021. China significantly expands its exports, remaining the leading dolomite supplier worldwide.
In 2016, approx. X tons of dolomite were imported worldwide- falling by -X% against the previous year level. In general, dolomite imports continue to indicate a relatively flat trend pattern. T...
In 2016, approx. X tons of dolomite were imported worldwide- falling by -X% against the previous year level. In general, dolomite imports continue to indicate a relatively flat trend pattern. T...
France continued its dominance in the global chalk and dolomite trade. Still, 2014 was not a banner year for the French in this trade, exporting X thousand tons of chalk and dolomite totaling X million USD, a full X% under the previous year. Its
Global dolomite trade soared to $542M in 2021. China significantly expands its exports, remaining the leading dolomite supplier worldwide.