Price for Bromides; of Sodium or of Potassium in South Korea - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in South Korea (CIF) - 2022
- Price for Bromides; of Sodium or of Potassium in South Korea (FOB) - 2022
- Imports of Bromides; of Sodium or of Potassium in South Korea
- Exports of Bromides; of Sodium or of Potassium in South Korea
Price for Bromides; of Sodium or of Potassium in South Korea (CIF) - 2022
The average import price for bromides; of sodium or of potassia stood at $4,206 per ton in 2022, which is down by -1.8% against the previous year. Overall, the import price showed a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 30%. The import price peaked at $8,862 per ton in 2014; however, from 2015 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 India ($6,836 per ton), while the price for the United States ($2,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Bromides; of Sodium or of Potassium in South Korea (FOB) - 2022
The average export price for bromides; of sodium or of potassia stood at $24,697 per ton in 2022, reducing by -8.6% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 99%. Over the period under review, the average export prices reached the peak figure at $27,008 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($37,383 per ton), while the average price for exports to the Philippines ($8,000 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 the Philippines (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bromides; of Sodium or of Potassium in South Korea
In 2022, the amount of bromides; of sodium or of potassia imported into South Korea surged to 855 tons, with an increase of 42% against the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of bromides; of sodium or of potassia skyrocketed to $3.6M in 2022. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Bromides; of Sodium or of Potassium in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 728 | 812 | 1,475 | 1,455 | 26.0% |
Israel | 22.2 | 47.0 | 220 | 1,141 | 271.8% |
United States | 1,275 | 626 | 720 | 826 | -13.5% |
India | 54.0 | 21.2 | 48.1 | 131 | 34.4% |
Others | 59.2 | 95.8 | 108 | 43.0 | -10.1% |
Total | 2,138 | 1,602 | 2,571 | 3,596 | 18.9% |
Top Suppliers of Bromides; of Sodium or of Potassium to South Korea in 2022:
- Israel (296.4 tons)
- United States (290.9 tons)
- China (247.5 tons)
- India (19.1 tons)
Exports of Bromides; of Sodium or of Potassium in South Korea
In 2022, the amount of bromides; of sodium or of potassia exported from South Korea skyrocketed to 2.3 tons, growing by 61% on the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of bromides; of sodium or of potassia soared to $56K in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Bromides; of Sodium or of Potassium in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 18.2 | 20.9 | 29.2 | 22.4 | 7.2% |
Malaysia | N/A | 7.5 | 3.5 | 19.8 | 62.5% |
Slovenia | N/A | N/A | N/A | 8.9 | 0% |
Thailand | 0.5 | 0.1 | 1.0 | 1.2 | 33.9% |
Philippines | N/A | 4.4 | 2.0 | N/A | -54.5% |
Vietnam | 7.8 | N/A | N/A | N/A | 0% |
Others | 4.4 | 4.7 | 2.6 | 4.0 | -3.1% |
Total | 30.9 | 37.6 | 38.4 | 56.4 | 22.2% |
Top Export Markets for Bromides; of Sodium or of Potassium from South Korea in 2022:
- Malaysia (1250.0 kg)
- Poland (600.0 kg)
- Slovenia (300.0 kg)
- Thailand (74.0 kg)
- Vietnam (2.0 kg)
- Philippines (1.0 kg)
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