Price for Chamotte or Dinas Earths in South Korea - 2022

Contents:

1. Price for Chamotte or Dinas Earths in South Korea (CIF) - 2022
2. Price for Chamotte or Dinas Earths in South Korea (FOB) - 2022
3. Imports of Chamotte or Dinas Earths in South Korea
4. Exports of Chamotte or Dinas Earths in South Korea

Price for Chamotte or Dinas Earths in South Korea (CIF) - 2022

In 2022, the average chamotte or dinas earths import price amounted to $326 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2017 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the peak figure at $379 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($514 per ton), while the price for India ($249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced a decline.

Price for Chamotte or Dinas Earths in South Korea (FOB) - 2022

The average chamotte or dinas earths export price stood at $1,139 per ton in 2022, which is down by -1.8% against the previous year. Overall, the export price, however, posted resilient growth. The growth pace was the most rapid in 2019 an increase of 75%. As a result, the export price reached the peak level of $1,910 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,469 per ton), while the average price for exports to Vietnam totaled $922 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamotte or Dinas Earths in South Korea

In 2022, supplies from abroad of chamotte or dinas earthses decreased by -10.7% to 11K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chamotte or dinas earths imports reached $3.4M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Chamotte or Dinas Earths to South Korea in 2022:

1. China (9.5K tons)
2. France (0.8K tons)
3. India (0.2K tons)

Exports of Chamotte or Dinas Earths in South Korea

Chamotte or dinas earths exports from South Korea contracted significantly to 102 tons in 2022, waning by -27.4% against 2021. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 84%.

In value terms, chamotte or dinas earths exports reduced remarkably to $117K in 2022. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 59%.

Top Export Markets for Chamotte or Dinas Earths from South Korea in 2022:

1. Vietnam (61.9 tons)
2. Indonesia (40.5 tons)

Source: IndexBox Market Intelligence Platform