Republic of Korea - Prepared Additives For Cements, Mortars Or Concretes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Additives for Cements in South Korea - 2022
Contents:
- Price for Prepared Additives for Cements in South Korea (FOB) - 2022
- Price for Prepared Additives for Cements in South Korea (CIF) - 2022
- Exports of Prepared Additives for Cements in South Korea
- Imports of Prepared Additives for Cements in South Korea
Price for Prepared Additives for Cements in South Korea (FOB) - 2022
In December 2022, the average prepared additives for cements export price amounted to $935 per ton, picking up by 2.9% against the previous month. Overall, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 5.2% against the previous month. As a result, the export price reached the peak level of $1,219 per ton. From May 2022 to December 2022, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In December 2022, the highest price was recorded for prices to Mexico ($1,050 per ton) and the United States ($1,041 per ton), while the average price for exports to Australia ($752 per ton) and Taiwan (Chinese) ($772 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Prepared Additives for Cements in South Korea (CIF) - 2022
In 2022, the average prepared additives for cements import price amounted to $835 per ton, surging by 5.4% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared additives for cements import price increased by +40.9% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Italy ($3,519 per ton), while the price for China ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Prepared Additives for Cements in South Korea
In 2022, the amount of prepared additives for cements, mortars or concretes exported from South Korea fell remarkably to 83K tons, reducing by -19% on the year before. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 1.6% against the previous year.
In value terms, prepared additives for cements exports shrank rapidly to $90M in 2022. In general, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $107M, and then fell significantly in the following year.
Export of Prepared Additives for Cements in South Korea (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.4 | 6.6 | 8.7 | 10.8 | 26.0% |
Vietnam | 9.8 | 11.0 | 10.6 | 8.7 | -3.9% |
United States | 0.6 | 2.1 | 8.5 | 8.3 | 140.1% |
India | 18.0 | 11.0 | 9.7 | 6.5 | -28.8% |
Philippines | 4.6 | 3.2 | 5.1 | 5.7 | 7.4% |
Slovenia | 1.7 | 3.3 | 4.7 | 5.4 | 47.0% |
Taiwan (Chinese) | 5.5 | 7.0 | 6.9 | 4.6 | -5.8% |
United Arab Emirates | 10.0 | 3.8 | 4.8 | 4.5 | -23.4% |
Netherlands | 1.4 | 2.3 | 4.4 | 3.5 | 35.7% |
Colombia | 4.6 | 3.9 | 5.8 | 3.4 | -9.6% |
Australia | 1.1 | 1.0 | 1.7 | 2.1 | 24.1% |
Spain | 3.0 | 2.0 | 1.4 | 1.9 | -14.1% |
Slovakia | 3.9 | 3.2 | 2.7 | 1.7 | -24.2% |
Others | 34.3 | 27.9 | 31.9 | 23.2 | -12.2% |
Total | 104 | 88.3 | 107 | 90.4 | -4.6% |
Top Export Markets for Prepared Additives for Cements from South Korea in 2022:
- Germany (10.4K tons)
- Vietnam (8.1K tons)
- India (6.1K tons)
- United States (6.0K tons)
- Philippines (5.5K tons)
- Taiwan (Chinese) (5.0K tons)
- Slovenia (5.0K tons)
- United Arab Emirates (4.6K tons)
- Colombia (3.3K tons)
- Netherlands (2.7K tons)
- Australia (1.9K tons)
- Slovakia (1.8K tons)
- Spain (1.6K tons)
Imports of Prepared Additives for Cements in South Korea
In 2022, imports of prepared additives for cements, mortars or concretes into South Korea shrank notably to 11K tons, waning by -35.1% against the year before. Over the period under review, imports saw a dramatic decline. The smallest decline of -1.2% was in 2020.
In value terms, prepared additives for cements imports fell rapidly to $9M in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of $13M, and then declined notably in the following year.
Import of Prepared Additives for Cements in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 5.7 | 5.6 | 3.8 | -12.1% |
Germany | 1.0 | 1.6 | 1.7 | 1.2 | 6.3% |
Italy | 0.9 | 0.7 | 1.0 | 1.1 | 6.9% |
Japan | 1.6 | 1.4 | 1.4 | 0.8 | -20.6% |
France | 0.2 | 0.5 | 0.5 | 0.4 | 26.0% |
Others | 1.5 | 1.4 | 3.0 | 1.6 | 2.2% |
Total | 10.8 | 11.4 | 13.1 | 9.0 | -5.9% |
Top Suppliers of Prepared Additives for Cements to South Korea in 2022:
- China (8.4K tons)
- Japan (1.1K tons)
- Germany (0.4K tons)
- Italy (0.3K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the market for prepared additives for cements 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 20595750 - Prepared additives for cements, mortars or concretes
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
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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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