Sulphides; Polysulphides Price in South Korea - 2022
Contents:
- Sulphides; Polysulphides Price in South Korea (CIF) - 2022
- Sulphides; Polysulphides Price in South Korea (FOB) - 2022
- Sulphides; Polysulphides Imports in South Korea
- Sulphides; Polysulphides Exports in South Korea
Sulphides; Polysulphides Price in South Korea (CIF) - 2022
In December 2022, the average sulphides; polysulphides import price amounted to $1,389 per ton, rising by 61% against the previous month. Overall, the import price showed a notable increase. The pace of growth appeared the most rapid in February 2022 an increase of 171% m-o-m. As a result, import price reached the peak level of $2,643 per ton. From March 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to +1.3% per month.
Sulphides; Polysulphides Price in South Korea (FOB) - 2022
The average sulphides; polysulphides export price stood at $3,156 per ton in 2022, which is down by -35.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. Over the period under review, the average export prices attained the peak figure at $5,021 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($7,747 per ton), while the average price for exports to Thailand ($1,758 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 Thailand (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; Polysulphides Imports in South Korea
In 2022, the amount of sulphides; polysulphideses imported into South Korea surged to 40K tons, picking up by 55% on 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; polysulphides imports surged to $33M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; Polysulphides in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 6.8 | 10.2 | 15.9 | 25.7% |
| Japan | 1.5 | 1.1 | 0.8 | 1.0 | -12.6% |
| Others | 9.1 | 9.0 | 11.6 | 16.1 | 20.9% |
| Total | 18.6 | 16.9 | 22.6 | 33.0 | 21.1% |
Top Suppliers of Sulphides; Polysulphides to South Korea in 2022:
- China (38.6K tons)
- Japan (0.7K tons)
Sulphides; Polysulphides Exports in South Korea
In 2022, sulphides; polysulphides exports from South Korea skyrocketed to 356 tons, with an increase of 96% compared with the year before. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; polysulphides exports surged to $1.1M in 2022. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.7% 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 +60.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Sulphides; Polysulphides in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 168 | 81.2 | 33.1 | 403 | 33.9% |
| China | 305 | 431 | 384 | 348 | 4.5% |
| Japan | 230 | 81.0 | 146 | 102 | -23.7% |
| United States | 15.7 | 3.2 | 0.2 | 82.9 | 74.1% |
| Pakistan | N/A | N/A | 0.9 | 22.9 | 2444.4% |
| Belgium | N/A | N/A | 80.2 | 16.1 | -79.9% |
| Malaysia | 0.1 | N/A | 0.7 | 15.3 | 434.8% |
| Indonesia | N/A | 53.0 | 181 | 0.8 | -87.7% |
| Others | 319 | 50.5 | 63.6 | 131 | -25.7% |
| Total | 1,037 | 700 | 890 | 1,122 | 2.7% |
Top Export Markets for Sulphides; Polysulphides from South Korea in 2022:
- Thailand (229.2 tons)
- China (69.8 tons)
- Japan (13.2 tons)
- United States (12.4 tons)
- Pakistan (11.5 tons)
- Malaysia (8.0 tons)
- Belgium (0.8 tons)
- Indonesia (0.1 tons)
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