Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea - 2022
Contents:
- Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (CIF) - 2022
- Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (FOB) - 2022
- Imports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea
- Exports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea
Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (CIF) - 2022
The average import price for fluorspar; containing by weight more than 97% of calcium fluorides stood at $502 per ton in 2022, picking up by 8.1% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fluorspar; containing by weight more than 97% of calcium fluorides increased by +6.2% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 43%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($565 per ton), while the price for Hong Kong SAR ($332 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (FOB) - 2022
In 2022, the average export price for fluorspar; containing by weight more than 97% of calcium fluorides amounted to $315 per ton, with a decrease of -33.5% against the previous year. Over the period under review, the export price faced a abrupt decrease. The growth pace was the most rapid in 2015 when the average export price increased by 128% against the previous year. As a result, the export price attained the peak level of $2,541 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($455 per ton) and China ($314 per ton), while the average price for exports to Turkey ($312 per ton) and Fiji ($313 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea
In 2022, supplies from abroad of fluorspar; containing by weight more than 97% of calcium fluorides decreased by -37.7% to 16K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports reached the peak of 25K tons, and then reduced markedly in the following year.
In value terms, imports of fluorspar; containing by weight more than 97% of calcium fluorides fell remarkably to $8M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, imports reached the peak of $12M, and then contracted sharply in the following year.
| Import of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 5.2 | 9.6 | 5.9 | 11.1% |
| Hong Kong SAR | 1.2 | 1.2 | 1.3 | 1.2 | 0.0% |
| Mongolia | 2.2 | 0.8 | 0.8 | 0.7 | -31.7% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 7.8 | 7.4 | 11.8 | 8.0 | 0.8% |
Top Suppliers of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride to South Korea in 2022:
- China (10.4K tons)
- Hong Kong SAR (3.7K tons)
- Mongolia (1.6K tons)
Exports of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea
In 2022, the amount of fluorspar; containing by weight more than 97% of calcium fluorides exported from South Korea skyrocketed to 12 tons, jumping by 152% against the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 426% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fluorspar; containing by weight more than 97% of calcium fluorides soared to $3.7K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 207%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Fluorspar; Containing by Weight More than 97% of Calcium Fluoride in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | N/A | N/A | 2,103 | 3,174 | 50.9% |
| China | 345 | 218 | 38.0 | 217 | -14.3% |
| Turkey | N/A | N/A | N/A | 190 | 0% |
| Thailand | 79.0 | 49.0 | 7.0 | 70.0 | -4.0% |
| Mongolia | N/A | 444 | N/A | N/A | 0% |
| Others | N/A | N/A | 32.0 | N/A | 0% |
| Total | 424 | 711 | 2,180 | 3,651 | 105.0% |
Top Export Markets for Fluorspar; Containing by Weight More than 97% of Calcium Fluoride from South Korea in 2022:
- Fiji (10.1 tons)
- China (0.7 tons)
- Turkey (0.6 tons)
- Thailand (0.2 tons)
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