Republic of Korea - Sulphates Of Barium Or Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Barium or Aluminium Sulphates in South Korea - 2022
Contents:
- Price for Barium or Aluminium Sulphates in South Korea (CIF) - 2022
- Price for Barium or Aluminium Sulphates in South Korea (FOB) - 2022
- Imports of Barium or Aluminium Sulphates in South Korea
- Exports of Barium or Aluminium Sulphates in South Korea
Price for Barium or Aluminium Sulphates in South Korea (CIF) - 2022
The average barium or aluminium sulphates import price stood at $1,030 per ton in 2022, increasing by 16% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19%. As a result, import price reached the peak level of $1,241 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Japan ($2,555 per ton), while the price for China ($766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Barium or Aluminium Sulphates in South Korea (FOB) - 2022
In 2022, the average barium or aluminium sulphates export price amounted to $732 per ton, rising by 16% against the previous year. Overall, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. As a result, the export price attained the peak level of $1,020 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($2,076 per ton), while the average price for exports to Singapore ($342 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 Japan (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Barium or Aluminium Sulphates in South Korea
In 2022, after three years of growth, there was significant decline in overseas purchases of sulphates of barium or aluminium, when their volume decreased by -21.1% to 6.1K tons. Over the period under review, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports attained the peak of 7.7K tons, and then fell dramatically in the following year.
In value terms, barium or aluminium sulphates imports dropped to $6.3M in 2022. In general, imports saw a mild descent. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $6.9M, and then declined in the following year.
| Import of Barium or Aluminium Sulphates in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 3.4 | 3.9 | 3.5 | 2.0% |
| Germany | 1.3 | 0.9 | 0.9 | 1.1 | -5.4% |
| Japan | 1.0 | 0.9 | 1.2 | 0.8 | -7.2% |
| Italy | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 6.6 | 5.9 | 6.9 | 6.3 | -1.5% |
Top Suppliers of Barium or Aluminium Sulphates to South Korea in 2022:
- China (4.6K tons)
- Germany (0.7K tons)
- Italy (0.5K tons)
- Japan (0.3K tons)
Exports of Barium or Aluminium Sulphates in South Korea
In 2022, exports of sulphates of barium or aluminium from South Korea shrank significantly to 736 tons, falling by -18.1% compared with the previous year. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 2.6%.
In value terms, barium or aluminium sulphates exports fell to $539K in 2022. In general, exports faced a abrupt decrease.
| Export of Barium or Aluminium Sulphates in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 50.7 | 102 | 100 | 152 | 44.2% |
| China | 50.4 | 146 | 152 | 109 | 29.3% |
| Japan | 220 | 80.0 | 60.4 | 74.8 | -30.2% |
| Vietnam | 127 | 47.3 | 37.8 | 57.9 | -23.0% |
| Bangladesh | 58.4 | 55.9 | 43.0 | 55.5 | -1.7% |
| Indonesia | 61.1 | 22.9 | 17.0 | 16.1 | -35.9% |
| India | 49.5 | 35.7 | 20.6 | 12.5 | -36.8% |
| Singapore | 14.2 | 23.4 | 16.7 | 12.0 | -5.5% |
| Hong Kong SAR | 5.9 | 23.9 | 30.5 | 10.7 | 21.9% |
| Malaysia | 13.1 | 23.8 | 11.1 | 10.4 | -7.4% |
| Others | 144 | 133 | 80.6 | 28.5 | -41.7% |
| Total | 794 | 693 | 570 | 539 | -12.1% |
Top Export Markets for Barium or Aluminium Sulphates from South Korea in 2022:
- Taiwan (Chinese) (243.2 tons)
- China (156.4 tons)
- Bangladesh (108.0 tons)
- Vietnam (49.4 tons)
- Japan (36.0 tons)
- Singapore (35.1 tons)
- Malaysia (27.6 tons)
- Hong Kong SAR (21.4 tons)
- India (20.7 tons)
- Indonesia (18.6 tons)
This report provides an in-depth analysis of the market for barium or aluminium sulphates 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 20134151 - Sulphates of barium or aluminium
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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