Republic of Korea - Phosphorus, Arsenic And Selenium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phosphorus, Arsenic and Selenium in South Korea - 2022
Contents:
- Price for Phosphorus, Arsenic and Selenium in South Korea (CIF) - 2022
- Price for Phosphorus, Arsenic and Selenium in South Korea (FOB) - 2022
- Imports of Phosphorus, Arsenic and Selenium in South Korea
- Exports of Phosphorus, Arsenic and Selenium in South Korea
Price for Phosphorus, Arsenic and Selenium in South Korea (CIF) - 2022
The average phosphorus, arsenic and selenium import price stood at $6,596 per ton in December 2022, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 22% month-to-month. Over the period under review, average import prices attained the maximum at $8,080 per ton in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was China ($7,278 per ton), while the price for Vietnam stood at $6,415 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.6%).
Price for Phosphorus, Arsenic and Selenium in South Korea (FOB) - 2022
The average phosphorus, arsenic and selenium export price stood at $18,011 per ton in 2022, surging by 18% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The export price peaked at $99,569 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($38,422 per ton), while the average price for exports to the Netherlands ($8,669 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 Belgium (-7.5%), while the prices for the other major destinations experienced a decline.
Imports of Phosphorus, Arsenic and Selenium in South Korea
For the fourth year in a row, South Korea recorded growth in supplies from abroad of phosphorus, arsenic and selenium, which increased by 5.3% to 13K tons in 2022. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, phosphorus, arsenic and selenium imports expanded notably to $47M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Phosphorus, Arsenic and Selenium in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 27.3 | 32.4 | 40.9 | 44.9 | 18.0% |
| Others | 2.5 | 2.2 | 3.2 | 2.6 | 1.3% |
| Total | 29.7 | 34.6 | 44.1 | 47.5 | 16.9% |
Top Suppliers of Phosphorus, Arsenic and Selenium to South Korea in 2022:
- Vietnam (12.4K tons)
Exports of Phosphorus, Arsenic and Selenium in South Korea
In 2022, the amount of phosphorus, arsenic and selenium exported from South Korea skyrocketed to 437 tons, surging by 22% against the year before. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus, arsenic and selenium exports soared to $7.9M in 2022. Overall, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphorus, Arsenic and Selenium in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 193 | 180 | 162 | 3,028 | 150.3% |
| Hong Kong SAR | 2,081 | 1,202 | 1,558 | 1,604 | -8.3% |
| India | 2,084 | 1,476 | 1,485 | 1,507 | -10.2% |
| Vietnam | 813 | 125 | 137 | 361 | -23.7% |
| Belgium | 616 | 787 | 896 | 269 | -24.1% |
| Netherlands | 304 | 424 | 190 | 151 | -20.8% |
| Germany | 584 | 66.2 | 17.6 | 129 | -39.6% |
| Others | 869 | 566 | 1,011 | 824 | -1.8% |
| Total | 7,545 | 4,826 | 5,455 | 7,874 | 1.4% |
Top Export Markets for Phosphorus, Arsenic and Selenium from South Korea in 2022:
- China (159.0 tons)
- India (96.3 tons)
- Hong Kong SAR (96.0 tons)
- Netherlands (17.4 tons)
- Belgium (14.9 tons)
- Vietnam (9.4 tons)
- Germany (6.3 tons)
This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium 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 20132180 - Phosphorus, arsenic, selenium
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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