Price for Glass; Unworked, in Rods in South Korea - 2022

Contents:

  1. Price for Glass; Unworked, in Rods in South Korea (CIF) - 2022
  2. Price for Glass; Unworked, in Rods in South Korea (FOB) - 2022
  3. Imports of Glass; Unworked, in Rods in South Korea
  4. Exports of Glass; Unworked, in Rods in South Korea

Price for Glass; Unworked, in Rods in South Korea (CIF) - 2022

In December 2022, the average glass; unworked, in rods import price amounted to $19,561 per ton, surging by 21% against the previous month. In general, the import price recorded notable growth. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 397% m-o-m. As a result, import price attained the peak level of $68,444 per ton. From July 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($116K per ton), while the price for the Czech Republic ($2,640 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Rods in South Korea (FOB) - 2022

In 2022, the average glass; unworked, in rods export price amounted to $192,606 per ton, increasing by 47% against the previous year. Overall, the export price posted a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($443,066 per ton), while the average price for exports to Japan ($44,359 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 China (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Rods in South Korea

In 2022, approx. 1.6K tons of glass; unworked, in rodses were imported into South Korea; with an increase of 16% compared with 2021. In general, imports, however, faced a dramatic contraction.

In value terms, glass; unworked, in rods imports soared to $29M in 2022. Over the period under review, imports, however, faced a abrupt descent.

Import of Glass; Unworked, in Rods in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan32.617.717.320.4-14.5%
China13.73.52.03.0-39.7%
Germany0.81.71.62.546.2%
United States0.70.90.92.144.2%
Others1.41.21.31.52.3%
Total49.124.923.229.4-15.7%

Top Suppliers of Glass; Unworked, in Rods to South Korea in 2022:

  1. Japan (1365.9 tons)
  2. Germany (104.5 tons)
  3. China (77.3 tons)
  4. United States (49.5 tons)

Exports of Glass; Unworked, in Rods in South Korea

In 2022, the amount of glass; unworked, in rodses exported from South Korea surged to 13 tons, picking up by 15% compared with 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 86% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glass; unworked, in rods exports soared to $2.5M in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Glass; Unworked, in Rods in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3915401,1542,11575.5%
Singapore1.3147202198434.0%
India1.210.936.0141389.8%
Japan13051.672.18.8-59.2%
Others7.844.35.833.061.7%
Total5317941,4702,49667.5%

Top Export Markets for Glass; Unworked, in Rods from South Korea in 2022:

  1. China (11.1 tons)
  2. Singapore (1.1 tons)
  3. India (0.3 tons)
  4. Japan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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