Price for Vermiculite, Perlite and Chlorites; Unexpanded in South Korea - 2022

Contents:

  1. Price for Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (CIF) - 2022
  2. Price for Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (FOB) - 2022
  3. Imports of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea
  4. Exports of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea

Price for Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (CIF) - 2022

In 2022, the average import price for vermiculite, perlite and chlorites; unexpandeds amounted to $103 per ton, rising by 8.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 19%. The import price peaked at $121 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($282 per ton), while the price for Turkey ($92 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (FOB) - 2022

In 2022, the average export price for vermiculite, perlite and chlorites; unexpandeds amounted to $343 per ton, picking up by 1.8% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2019 an increase of 28%. The export price peaked at $556 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,445 per ton), while the average price for exports to Vietnam ($270 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 China (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea

In 2022, overseas purchases of vermiculite, perlite and chlorites; unexpandeds decreased by -14% to 212K 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 +6.9% 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 39%. As a result, imports reached the peak of 246K tons, and then declined in the following year.

In value terms, vermiculite, perlite and chlorites; unexpanded imports dropped to $22M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of $23M, and then declined in the following year.

Import of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.712.914.113.2-1.2%
Turkey4.94.75.85.43.3%
Japan1.61.51.61.5-2.1%
South Africa0.20.51.21.176.5%
Others0.50.60.50.50.0%
Total20.920.323.221.71.3%

Top Suppliers of Vermiculite, Perlite and Chlorites; Unexpanded to South Korea in 2022:

  1. China (134.4K tons)
  2. Turkey (58.9K tons)
  3. Japan (11.7K tons)
  4. South Africa (3.9K tons)

Exports of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea

Vermiculite, perlite and chlorites; unexpanded exports from South Korea fell remarkably to 781 tons in 2022, waning by -30.1% on 2021. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 151%. As a result, the exports attained the peak of 1.1K tons, and then plummeted in the following year.

In value terms, vermiculite, perlite and chlorites; unexpanded exports contracted rapidly to $268K in 2022. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 136%. As a result, the exports reached the peak of $376K, and then reduced sharply in the following year.

Export of Vermiculite, Perlite and Chlorites; Unexpanded in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11610522115610.4%
United States81.842.784.365.6-7.1%
SingaporeN/AN/A53.037.4-29.4%
Others3.211.717.98.739.6%
Total20115937626810.1%

Top Export Markets for Vermiculite, Perlite and Chlorites; Unexpanded from South Korea in 2022:

  1. Vietnam (577.3 tons)
  2. United States (145.8 tons)
  3. Singapore (51.6 tons)

Source: IndexBox Market Intelligence Platform

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