Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea - 2022
Contents:
- Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (FOB) - 2022
- Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (CIF) - 2022
- Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea
- Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea
Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (FOB) - 2022
The average export price for colouring matter; inorganic products of a kind used as luminophoreses stood at $985K per ton in December 2022, shrinking by -56.8% against the previous month. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices attained the maximum at $3.4M per ton in January 2022; however, from February 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2.0M per ton), while the average price for exports to Vietnam stood at $918K per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+39.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (CIF) - 2022
In 2022, the average import price for colouring matter; inorganic products of a kind used as luminophoreses amounted to $9,675 per ton, declining by -6% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 14%. The import price peaked at $27,071 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 ($52,509 per ton), while the price for China ($773 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea
In 2022, approx. 327 tons of colouring matter; inorganic products of a kind used as luminophoreses were exported from South Korea; increasing by 69% against 2021 figures. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; inorganic products of a kind used as luminophoreses soared to $21M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +82.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 5.8 | 4.2 | 8.1 | 15.6 | 39.1% |
| China | 5.5 | 6.3 | 5.2 | 3.7 | -12.4% |
| Hong Kong SAR | 1.8 | 0.7 | 2.2 | 0.6 | -30.7% |
| Philippines | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Malaysia | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
| Total | 13.5 | 11.5 | 16.3 | 21.0 | 15.9% |
Top Export Markets for Colouring Matter; Inorganic Products of A Kind Used As Luminophores from South Korea in 2022:
- Vietnam (289.6 tons)
- Hong Kong SAR (11.1 tons)
- China (8.6 tons)
- United States (5.5 tons)
- Philippines (4.1 tons)
- Malaysia (0.6 tons)
Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea
In 2022, imports of colouring matter; inorganic products of a kind used as luminophoreses into South Korea rose notably to 1.4K tons, surging by 7.9% compared with 2021 figures. In general, imports, however, saw a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 8.3%.
In value terms, imports of colouring matter; inorganic products of a kind used as luminophoreses totaled $14M in 2022. Over the period under review, imports, however, showed a abrupt shrinkage.
| Import of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 4.6 | 4.5 | 6.9 | 3.6% |
| Japan | 13.2 | 7.9 | 7.3 | 5.4 | -25.8% |
| China | 1.3 | 1.0 | 0.9 | 0.7 | -18.6% |
| Others | 1.6 | 0.6 | 0.9 | 0.9 | -17.5% |
| Total | 22.4 | 14.1 | 13.6 | 13.8 | -14.9% |
Top Suppliers of Colouring Matter; Inorganic Products of A Kind Used As Luminophores to South Korea in 2022:
- China (862.5 tons)
- United States (423.4 tons)
- Japan (102.7 tons)
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