Republic of Korea - Natural Calcium And Aluminium Phosphates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Republic of Korea - Natural Calcium And Aluminium Phosphates - Market Analysis, Forecast, Size, Trends And Insights

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Price for Natural Calcium and Aluminium Phosphates in South Korea - 2022

Contents:

  1. Price for Natural Calcium and Aluminium Phosphates in South Korea (CIF) - 2022
  2. Price for Natural Calcium and Aluminium Phosphates in South Korea (FOB) - 2022
  3. Imports of Natural Calcium and Aluminium Phosphates in South Korea
  4. Exports of Natural Calcium and Aluminium Phosphates in South Korea

Price for Natural Calcium and Aluminium Phosphates in South Korea (CIF) - 2022

The average import price for natural calcium and aluminium phosphates stood at $209 per ton in December 2022, declining by -6.1% against the previous month. Overall, import price indicated a modest expansion from December 2021 to December 2022: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, natural calcium and aluminium phosphates import price decreased by -22.1% against August 2022 indices. The pace of growth was the most pronounced in February 2022 an increase of 56% against the previous month. Over the period under review, average import prices attained the maximum at $268 per ton in August 2022; however, from September 2022 to December 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Nauru.

From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +2.7% per month.

Price for Natural Calcium and Aluminium Phosphates in South Korea (FOB) - 2022

In 2021, the average export price for natural calcium and aluminium phosphates amounted to $4,061 per ton, jumping by 20% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 234% against the previous year. As a result, the export price attained the peak level of $9,914 per ton. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($7,691 per ton), while the average price for exports to Indonesia totaled $365 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.3%).

Imports of Natural Calcium and Aluminium Phosphates in South Korea

In 2022, approx. 542K tons of natural calcium and aluminium phosphates were imported into South Korea; reducing by -9.3% on 2021 figures. Overall, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 6.9%. As a result, imports reached the peak of 598K tons, and then fell in the following year.

In value terms, natural calcium and aluminium phosphates imports soared to $118M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Natural Calcium and Aluminium Phosphates in South Korea (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China29.726.829.1-1.0%
Morocco23.613.825.84.6%
Nauru2.92.417.6146.4%
TogoN/A9.6N/A0%
Israel5.72.0N/A-64.9%
Others0.80.30.4-29.3%
Total62.755.072.97.8%

Top Suppliers of Natural Calcium and Aluminium Phosphates to South Korea in 2022:

  1. China (248.1K tons)
  2. Morocco (215.3K tons)
  3. Nauru (132.3K tons)

Exports of Natural Calcium and Aluminium Phosphates in South Korea

In 2022, after two years of decline, there was significant growth in shipments abroad of natural calcium and aluminium phosphates, when their volume increased by 217% to 129 tons. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural calcium and aluminium phosphates exports fell significantly to $113K in 2022. In general, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 18%.

Export of Natural Calcium and Aluminium Phosphates in South Korea (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States21.448.299.5115.6%
Indonesia40.637.436.3-5.4%
Others61.160.129.5-30.5%
Total12314616515.8%

Top Export Markets for Natural Calcium and Aluminium Phosphates from South Korea in 2022:

  1. Indonesia (99.4 tons)
  2. United States (12.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for natural calcium and aluminium phosphates in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08911100 - Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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