Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea - 2022
Contents:
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (CIF) - 2022
- Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (FOB) - 2022
- Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea
- Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (CIF) - 2022
In December 2022, the average import price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $1,438 per ton, shrinking by -23.2% against the previous month. Overall, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in February 2022 an increase of 25% month-to-month. Over the period under review, average import prices reached the maximum at $2,560 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,657 per ton), while the price for Vietnam ($1,257 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (FOB) - 2022
In December 2022, the average export price for diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses amounted to $2,216 per ton, with a decrease of -3.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 13% month-to-month. The export price peaked at $2,685 per ton in July 2022; however, from August 2022 to December 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($3,698 per ton), while the average price for exports to Argentina ($1,065 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea
Imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses into South Korea contracted sharply to 68K tons in 2022, falling by -18.5% against 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses totaled $129M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.2 | 57.9 | 106 | 109 | 19.3% |
| Japan | 16.3 | 10.1 | 11.6 | 14.3 | -4.3% |
| Vietnam | 0.2 | 0.2 | 7.7 | 1.7 | 104.1% |
| Others | 3.5 | 3.8 | 3.3 | 4.0 | 4.6% |
| Total | 84.1 | 71.9 | 129 | 129 | 15.3% |
Top Suppliers of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids to South Korea in 2022:
- China (60.5K tons)
- Japan (5.2K tons)
- Vietnam (1.1K tons)
Exports of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea
In 2022, approx. 20K tons of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses were exported from South Korea; picking up by 8.6% compared with the previous year. Overall, exports, however, showed a pronounced setback.
In value terms, exports of diphosphorus pentoxide; phosphoric acid and polyphosphoric acidses skyrocketed to $46M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 8.6 | 18.5 | 30.0 | 66.5% |
| Vietnam | 1.5 | 1.0 | 1.9 | 4.9 | 48.4% |
| Argentina | 1.2 | 0.6 | 0.4 | 3.2 | 38.7% |
| Thailand | 1.6 | 1.3 | 1.8 | 2.1 | 9.5% |
| Peru | 0.6 | 0.9 | 1.4 | 2.0 | 49.4% |
| Chile | 1.2 | 0.9 | 0.9 | 1.1 | -2.9% |
| India | 2.4 | 2.3 | 1.2 | 1.0 | -25.3% |
| Pakistan | 1.0 | 1.2 | 1.1 | 0.1 | -53.6% |
| Indonesia | 0.9 | 0.1 | 0.1 | N/A | -66.7% |
| Singapore | 1.6 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 3.1 | 1.4 | 1.7 | -5.3% |
| Total | 20.4 | 20.0 | 28.8 | 46.2 | 31.3% |
Top Export Markets for Diphosphorus Pentoxide; Phosphoric Acid and Polyphosphoric Acids from South Korea in 2022:
- China (7.8K tons)
- Vietnam (3.8K tons)
- Argentina (2.1K tons)
- Thailand (1.7K tons)
- Peru (1.4K tons)
- India (0.8K tons)
- Chile (0.8K tons)
- Pakistan (0.1K tons)
380
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Republic of Korea.
459
This report provides an in-depth analysis of the phosphoric acid market in Republic of Korea.
473
This report provides an in-depth analysis of the global diphosphorus pentaoxide market.
1313
This report provides an in-depth analysis of the global phosphoric acid market.
380
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Republic of Korea.
459
This report provides an in-depth analysis of the phosphoric acid market in Republic of Korea.
473
This report provides an in-depth analysis of the global diphosphorus pentaoxide market.
1313
This report provides an in-depth analysis of the global phosphoric acid market.
986
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
1141
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
117
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
986
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids imports totaled $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total imports value increa...
1141
In value terms, diphosphorus pentoxide, phosphoric acid and polyphosphoric acids exports totaled $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decre...
117
Explore the top import markets for phosphoric acid globally and understand the key players driving the demand for this essential chemical compound.
