Price for Halides and Halide Oxides of Non-Metals in South Korea - 2022

Contents:

  1. Price for Halides and Halide Oxides of Non-Metals in South Korea (FOB) - 2022
  2. Price for Halides and Halide Oxides of Non-Metals in South Korea (CIF) - 2022
  3. Exports of Halides and Halide Oxides of Non-Metals in South Korea
  4. Imports of Halides and Halide Oxides of Non-Metals in South Korea

Price for Halides and Halide Oxides of Non-Metals in South Korea (FOB) - 2022

The average export price for halides and halide oxides of non-metalses stood at $30,519 per ton in December 2022, waning by -9.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 17% m-o-m. Over the period under review, the average export prices hit record highs at $36,617 per ton in June 2022; however, from July 2022 to December 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was China ($119K per ton), while the average price for exports to Taiwan (Chinese) ($24,275 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Halides and Halide Oxides of Non-Metals in South Korea (CIF) - 2022

The average import price for halides and halide oxides of non-metalses stood at $7,554 per ton in 2022, picking up by 56% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($28,811 per ton), while the price for India ($3,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Halides and Halide Oxides of Non-Metals in South Korea

In 2022, shipments abroad of halides and halide oxides of non-metalses decreased by -2.1% to 7.7K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports reached the peak of 8.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of halides and halide oxides of non-metalses expanded significantly to $227M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 8.1% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Halides and Halide Oxides of Non-Metals in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)74.378.677.785.44.8%
China38.347.251.547.97.7%
Singapore21.720.331.036.018.4%
Japan33.338.033.331.0-2.4%
United States13.79.813.416.36.0%
Others11.25.68.810.1-3.4%
Total1922002162275.7%

Top Export Markets for Halides and Halide Oxides of Non-Metals from South Korea in 2022:

  1. Taiwan (Chinese) (3.5K tons)
  2. Japan (1.2K tons)
  3. Singapore (1.0K tons)
  4. China (1.0K tons)
  5. United States (0.5K tons)

Imports of Halides and Halide Oxides of Non-Metals in South Korea

Imports of halides and halide oxides of non-metalses into South Korea dropped significantly to 16K tons in 2022, which is down by -26% compared with the previous year. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 22K tons, and then shrank rapidly in the following year.

In value terms, imports of halides and halide oxides of non-metalses soared to $121M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Halides and Halide Oxides of Non-Metals in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.722.343.053.331.0%
Japan42.943.234.133.7-7.7%
Germany5.45.26.68.014.0%
India2.52.95.27.946.7%
Others17.321.615.818.31.9%
Total91.995.11051219.6%

Top Suppliers of Halides and Halide Oxides of Non-Metals to South Korea in 2022:

  1. China (10.0K tons)
  2. India (2.5K tons)
  3. Germany (2.0K tons)
  4. Japan (1.2K tons)

Source: IndexBox Market Intelligence Platform

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