Price for Halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary forms in South Korea - 2022
Contents:
- Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (CIF) - 2022
- Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (FOB) - 2022
- Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea
- Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea
Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (CIF) - 2022
The average import price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses stood at $32,403 per ton in December 2022, falling by -1.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average import price increased by 21% against the previous month. The import price peaked at $37,679 per ton in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the Netherlands ($50,015 per ton), while the price for Singapore ($25,248 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 France (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (FOB) - 2022
In 2022, the average export price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses amounted to $16,111 per ton, jumping by 37% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The export price peaked at $19,451 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($61,306 per ton), while the average price for exports to Hungary ($9,132 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 Thailand (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea
In 2022, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses into South Korea declined to 11K tons, shrinking by -3.3% compared with the year before. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. As a result, imports reached the peak of 11K tons, and then reduced in the following year.
In value terms, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses surged to $356M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.3 | 50.1 | 80.8 | 141 | 39.2% |
| Japan | 68.8 | 66.1 | 65.9 | 79.1 | 4.8% |
| France | 26.1 | 32.0 | 33.9 | 52.6 | 26.3% |
| United States | 24.9 | 27.5 | 31.4 | 34.3 | 11.3% |
| Germany | 7.8 | 8.3 | 11.5 | 11.1 | 12.5% |
| Singapore | 2.0 | 3.7 | 6.5 | 10.9 | 76.0% |
| Netherlands | 11.3 | 8.0 | 7.5 | 8.2 | -10.1% |
| Others | 10.2 | 13.2 | 15.9 | 18.0 | 20.8% |
| Total | 203 | 209 | 253 | 356 | 20.6% |
Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms to South Korea in 2022:
- China (4.5K tons)
- Japan (2.6K tons)
- France (1.5K tons)
- United States (1.0K tons)
- Singapore (0.3K tons)
- Netherlands (0.2K tons)
- Germany (0.2K tons)
Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea
After three years of growth, overseas shipments of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses decreased by -28.2% to 2K tons in 2022. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 68%. As a result, the exports reached the peak of 2.7K tons, and then reduced notably in the following year.
In value terms, exports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses fell slightly to $31M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +40.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $32M, and then fell in the following year.
| Export of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 9.5 | 15.3 | 14.7 | 32.6% |
| Vietnam | 8.0 | 8.3 | 6.9 | 9.0 | 4.0% |
| Taiwan (Chinese) | 0.5 | 0.8 | 3.7 | 3.1 | 83.7% |
| India | 1.0 | 0.9 | 0.9 | 1.2 | 6.3% |
| Mexico | 0.4 | 0.7 | 1.1 | 1.1 | 40.1% |
| Hungary | 0.7 | 0.6 | 1.1 | 0.6 | -5.0% |
| United States | 0.9 | N/A | 1.5 | 0.5 | -17.8% |
| Singapore | 4.4 | 0.5 | N/A | N/A | -88.6% |
| Others | 1.3 | 1.0 | 1.5 | 1.3 | 0.0% |
| Total | 23.5 | 22.4 | 32.0 | 31.5 | 10.3% |
Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms from South Korea in 2022:
- China (1080.9 tons)
- Vietnam (341.1 tons)
- Taiwan (Chinese) (206.5 tons)
- Mexico (114.3 tons)
- Hungary (63.0 tons)
- India (48.3 tons)
- United States (38.4 tons)
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