Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea - 2022

Contents:

1. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea (CIF) - 2022
2. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea (FOB) - 2022
3. Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea
4. Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea (CIF) - 2022

The average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $12,350 per ton in December 2022, standing approximately at the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average import price increased by 17% against the previous month. Over the period under review, average import prices reached the peak figure at $13,364 per ton in April 2022; however, from May 2022 to December 2022, import prices stood at a somewhat 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 United States ($36,378 per ton), while the price for Russia ($7,011 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 Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea (FOB) - 2022

The average export price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $8,709 per ton in 2022, dropping by -15.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. The export price peaked at $15,379 per ton in 2013; however, from 2014 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 Vietnam ($35,310 per ton), while the average price for exports to the United States ($3,458 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 Vietnam (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea

In 2022, overseas purchases of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses decreased by -13.7% to 7.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year.

In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses fell to $89M in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $96M, and then declined in the following year.

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to South Korea in 2022:

1. China (5206.7 tons)
2. United States (463.2 tons)
3. Germany (400.9 tons)
4. Japan (376.1 tons)
5. Italy (240.5 tons)
6. Russia (219.7 tons)
7. Netherlands (153.3 tons)

Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in South Korea

In 2022, the amount of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses exported from South Korea reached 1.2K tons, surging by 4.9% compared with 2021 figures. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses dropped to $10M in 2022. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of $12M, and then reduced in the following year.

Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms from South Korea in 2022:

1. China (822.4 tons)
2. Germany (143.1 tons)
3. Vietnam (56.6 tons)
4. Italy (43.8 tons)
5. Turkey (22.3 tons)
6. Japan (22.1 tons)
7. United States (19.5 tons)