Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea - 2022

Contents:

  1. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (CIF) - 2022
  2. Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (FOB) - 2022
  3. Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea
  4. Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (CIF) - 2022

The average import price for oral or dental hygiene preparations; including fixative pastes and powderses stood at $5,467 per ton in 2022, reducing by -13.1% against the previous year. Overall, the import price, however, showed a slight expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 23%. As a result, import price attained the peak level of $6,292 per ton, and then declined in the following year.

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 Ireland ($31,516 per ton), while the price for Thailand ($3,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (FOB) - 2022

In December 2022, the average export price for oral or dental hygiene preparations; including fixative pastes and powderses amounted to $5,600 per ton, approximately mirroring the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 16% against the previous month. As a result, the export price reached the peak level of $6,233 per ton. From September 2022 to December 2022, the the average 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 Malaysia ($16,811 per ton), while the average price for exports to the United States ($2,780 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 Malaysia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea

In 2022, imports of oral or dental hygiene preparations; including fixative pastes and powderses into South Korea rose remarkably to 22K tons, with an increase of 12% compared with 2021 figures. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 21%. As a result, imports attained the peak of 23K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oral or dental hygiene preparations; including fixative pastes and powderses declined modestly to $119M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%.

Import of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand28.538.940.941.513.3%
United States34.232.731.528.4-6.0%
China16.718.018.821.28.3%
Ireland9.39.910.411.98.6%
New Zealand2.63.34.13.16.0%
Others14.715.217.012.8-4.5%
Total1061181231193.9%

Top Suppliers of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders to South Korea in 2022:

  1. Thailand (11.9K tons)
  2. China (5.9K tons)
  3. United States (2.6K tons)
  4. Ireland (0.4K tons)
  5. New Zealand (0.3K tons)

Exports of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea

After three years of growth, shipments abroad of oral or dental hygiene preparations; including fixative pastes and powderses decreased by -9.7% to 14K tons in 2022. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year.

In value terms, exports of oral or dental hygiene preparations; including fixative pastes and powderses shrank to $80M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%.

Export of Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.537.334.423.4-10.4%
Japan10.412.914.714.612.0%
Russia4.46.57.310.031.5%
Vietnam3.93.75.76.820.4%
Taiwan (Chinese)4.54.34.84.60.7%
Malaysia3.73.73.73.1-5.7%
United States2.43.82.82.74.0%
Others12.913.014.814.33.5%
Total74.785.288.279.52.1%

Top Export Markets for Oral or Dental Hygiene Preparations; Including Fixative Pastes and Powders from South Korea in 2022:

  1. Japan (5.0K tons)
  2. China (4.2K tons)
  3. Russia (1.7K tons)
  4. Vietnam (1.0K tons)
  5. Taiwan (Chinese) (0.5K tons)
  6. United States (0.4K tons)
  7. Malaysia (0.3K tons)

Source: IndexBox Market Intelligence Platform

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