Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea - 2022

Contents:

  1. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (CIF) - 2022
  2. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (FOB) - 2022
  3. Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea
  4. Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (CIF) - 2022

In December 2022, the average import price for fluorspar; containing by weight 97% or less of calcium fluorides amounted to $406 per ton, picking up by 10% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 35% m-o-m. Over the period under review, average import prices hit record highs in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Afghanistan ($580 per ton), while the price for Pakistan ($226 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 Mexico (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (FOB) - 2022

In 2022, the average export price for fluorspar; containing by weight 97% or less of calcium fluorides amounted to $913 per ton, rising by 56% against the previous year. Overall, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($7,368 per ton), while the average price for exports to Indonesia amounted to $900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.4%).

Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea

In 2022, imports of fluorspar; containing by weight 97% or less of calcium fluorides into South Korea contracted rapidly to 29K tons, waning by -46.9% against the previous year. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of 54K tons, and then reduced markedly in the following year.

In value terms, imports of fluorspar; containing by weight 97% or less of calcium fluorides dropped rapidly to $9.5M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 136%. As a result, imports attained the peak of $19M, and then plummeted in the following year.

Import of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.23.96.04.8-2.6%
Mexico2.80.69.62.5-3.7%
Pakistan0.10.41.30.8100.0%
Japan1.12.61.30.8-10.1%
AfghanistanN/A0.40.60.40.0%
Mongolia0.3N/A0.10.2-12.6%
OthersN/AN/A0.10.10.0%
Total9.58.019.09.50.0%

Top Suppliers of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride to South Korea in 2022:

  1. China (14.0K tons)
  2. Mexico (7.0K tons)
  3. Pakistan (4.1K tons)
  4. Japan (2.2K tons)
  5. Afghanistan (0.8K tons)
  6. Mongolia (0.6K tons)

Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea

In 2022, exports of fluorspar; containing by weight 97% or less of calcium fluorides from South Korea fell notably to 159 tons, with a decrease of -36.1% compared with 2021 figures. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of 249 tons, and then contracted remarkably in the following year.

In value terms, exports of fluorspar; containing by weight 97% or less of calcium fluorides dropped slightly to $145K in 2022. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 71%. As a result, the exports attained the peak of $146K, leveling off in the following year.

Export of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia51.984.314514239.9%
Taiwan (Chinese)5.6N/AN/AN/A0%
Malaysia26.2N/AN/AN/A0%
Others0.51.20.82.877.6%
Total84.385.414614519.8%

Top Export Markets for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride from South Korea in 2022:

  1. Indonesia (158.3 tons)

Source: IndexBox Market Intelligence Platform

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