Republic of Korea - Phosphinates (Hypophosphites) And Phosphonates (Phosphites) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhosphinates and Phosphonates Price in South Korea - 2022
Contents:
- Phosphinates and Phosphonates Price in South Korea (CIF) - 2022
- Phosphinates and Phosphonates Price in South Korea (FOB) - 2022
- Phosphinates and Phosphonates Imports in South Korea
- Phosphinates and Phosphonates Exports in South Korea
Phosphinates and Phosphonates Price in South Korea (CIF) - 2022
The average phosphinates and phosphonates import price stood at $6,035 per ton in 2022, surging by 55% against the previous year. Overall, the import price continues to indicate a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.2% per year.
Phosphinates and Phosphonates Price in South Korea (FOB) - 2022
The average phosphinates and phosphonates export price stood at $10,624 per ton in 2022, with an increase of 48% against the previous year. In general, the export price showed prominent growth. The pace of growth was the most pronounced in 2015 an increase of 89%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($11,417 per ton), while the average price for exports to China ($6,490 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 Indonesia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphinates and Phosphonates Imports in South Korea
In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) imported into South Korea contracted to 3.3K tons, with a decrease of -12.1% compared with 2021. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% 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 +62.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 85%. As a result, imports reached the peak of 3.7K tons, and then shrank in the following year.
In value terms, phosphinates and phosphonates imports skyrocketed to $20M in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 128%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Phosphinates and Phosphonates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 6.3 | 14.4 | 19.2 | 39.3% |
| Others | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Total | 7.2 | 6.4 | 14.6 | 19.9 | 40.3% |
Top Suppliers of Phosphinates and Phosphonates to South Korea in 2022:
- China (3.3K tons)
Phosphinates and Phosphonates Exports in South Korea
Phosphinates and phosphonates exports from South Korea fell dramatically to 5.5 tons in 2022, which is down by -87.3% on the year before. Over the period under review, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. As a result, the exports reached the peak of 44 tons, and then contracted sharply in the following year.
In value terms, phosphinates and phosphonates exports shrank dramatically to $59K in 2022. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 171%. As a result, the exports reached the peak of $314K, and then dropped dramatically in the following year.
| Export of Phosphinates and Phosphonates in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 94.5 | 100 | 301 | 47.1 | -20.7% |
| China | 3.8 | 1.1 | N/A | 6.5 | 19.6% |
| Indonesia | 1.3 | 9.2 | 4.7 | 4.0 | 45.4% |
| Others | 7.0 | 5.1 | 8.8 | 1.4 | -41.5% |
| Total | 107 | 116 | 314 | 59.0 | -18.0% |
Top Export Markets for Phosphinates and Phosphonates from South Korea in 2022:
- Vietnam (4.1 tons)
- China (1.0 tons)
- Indonesia (0.4 tons)
This report provides an in-depth analysis of the phosphinates and phosphonates 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 20134220 - Phosphinates (hypophosphites) and phosphonates (phosphites)
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
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1246
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
816
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1246
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
