Price for Germanium Oxides and Zirconium Dioxide in South Korea - 2022

Contents:

  1. Price for Germanium Oxides and Zirconium Dioxide in South Korea (CIF) - 2022
  2. Price for Germanium Oxides and Zirconium Dioxide in South Korea (FOB) - 2022
  3. Imports of Germanium Oxides and Zirconium Dioxide in South Korea
  4. Exports of Germanium Oxides and Zirconium Dioxide in South Korea

Price for Germanium Oxides and Zirconium Dioxide in South Korea (CIF) - 2022

In 2022, the average import price for germanium oxides and zirconium dioxides amounted to $15,908 per ton, picking up by 17% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 48%. As a result, import price reached the peak level of $18,131 per ton. From 2020 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 Hong Kong SAR ($29,936 per ton), while the price for South Africa ($4,144 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Germanium Oxides and Zirconium Dioxide in South Korea (FOB) - 2022

The average export price for germanium oxides and zirconium dioxides stood at $21,277 per ton in 2022, which is down by -37.6% against the previous year. In general, the export price, however, posted a tangible increase. The pace of growth appeared the most rapid in 2019 an increase of 65% against the previous year. As a result, the export price reached the peak level of $45,930 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($32,244 per ton), while the average price for exports to China ($8,284 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 Hungary (+0.0%), while the prices for the other major destinations experienced a decline.

Imports of Germanium Oxides and Zirconium Dioxide in South Korea

In 2022, after three years of growth, there was significant decline in supplies from abroad of germanium oxides and zirconium dioxides, when their volume decreased by -17% to 2.2K tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 59%.

In value terms, germanium oxides and zirconium dioxide imports shrank slightly to $35M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 35%.

Import of Germanium Oxides and Zirconium Dioxide in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.515.217.518.420.6%
United States2.62.72.25.729.9%
Japan8.25.83.54.5-18.1%
United Kingdom1.25.02.62.222.4%
Canada0.73.38.12.144.2%
Hong Kong SAR0.91.01.11.16.9%
Others1.11.01.00.9-6.5%
Total25.233.935.934.911.5%

Top Suppliers of Germanium Oxides and Zirconium Dioxide to South Korea in 2022:

  1. China (1373.7 tons)
  2. United States (374.0 tons)
  3. Japan (160.4 tons)
  4. United Kingdom (129.4 tons)
  5. Canada (75.3 tons)
  6. Hong Kong SAR (35.6 tons)

Exports of Germanium Oxides and Zirconium Dioxide in South Korea

Germanium oxides and zirconium dioxide exports from South Korea skyrocketed to 209 tons in 2022, growing by 39% compared with 2021. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, germanium oxides and zirconium dioxide exports fell to $4.4M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $5.1M, and then fell in the following year.

Export of Germanium Oxides and Zirconium Dioxide in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France15.130.997.6954298.3%
China3,1602,6403,317531-44.8%
Germany14935285045945.5%
Hungary61.180.714239886.8%
India10120.988.525936.9%
Poland33.625.360.120683.0%
Taiwan (Chinese)13110613220115.3%
Philippines20.337.535.014291.2%
United States3421838.319.6-61.4%
Others2892714111,27664.1%
Total4,3033,7485,1424,4451.1%

Top Export Markets for Germanium Oxides and Zirconium Dioxide from South Korea in 2022:

  1. China (64.1 tons)
  2. Germany (42.8 tons)
  3. France (29.6 tons)
  4. Hungary (15.7 tons)
  5. India (14.2 tons)
  6. Philippines (9.7 tons)
  7. Poland (7.8 tons)
  8. Taiwan (Chinese) (2.6 tons)
  9. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Germanium oxides and zirconium dioxide - South Korea