Fluorine; Bromine Price in South Korea - 2022
Contents:
- Fluorine; Bromine Price in South Korea (CIF) - 2022
- Fluorine; Bromine Price in South Korea (FOB) - 2022
- Fluorine; Bromine Imports in South Korea
- Fluorine; Bromine Exports in South Korea
Fluorine; Bromine Price in South Korea (CIF) - 2022
The average fluorine; bromine import price stood at $5,889 per ton in December 2022, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in March 2022 an increase of 16% month-to-month. The import price peaked at $6,079 per ton in August 2022; however, from September 2022 to December 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Israel.
From December 2021 to December 2022, the rate of growth in terms of prices for Israel amounted to +2.3% per month.
Fluorine; Bromine Price in South Korea (FOB) - 2022
In 2022, the average fluorine; bromine export price amounted to $40,014 per ton, declining by -22.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $82,275 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Singapore ($191,245 per ton), while the average price for exports to India ($4,918 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 Japan (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Fluorine; Bromine Imports in South Korea
After three years of growth, overseas purchases of fluorine; bromines decreased by -4.4% to 555 tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.7% against the previous year. As a result, imports attained the peak of 580 tons, and then declined in the following year.
In value terms, fluorine; bromine imports declined to $2.4M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.8%. As a result, imports reached the peak of $2.5M, and then shrank modestly in the following year.
Import of Fluorine; Bromine in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 1,854 | 1,934 | 2,035 | 1,464 | -7.6% |
Japan | 10.8 | 21.0 | 5.4 | 789 | 318.0% |
Jordan | 185 | 155 | 164 | 72.3 | -26.9% |
Singapore | 161 | 123 | 84.6 | 45.0 | -34.6% |
Others | 134 | 108 | 189 | 39.3 | -33.6% |
Total | 2,344 | 2,342 | 2,478 | 2,410 | 0.9% |
Top Suppliers of Fluorine; Bromine to South Korea in 2022:
- Israel (480.7 tons)
- Jordan (41.5 tons)
- Japan (21.9 tons)
- Singapore (9.3 tons)
Fluorine; Bromine Exports in South Korea
After two years of decline, overseas shipments of fluorine; bromines increased by 66% to 20 tons in 2022. In general, exports, however, faced a abrupt setback.
In value terms, fluorine; bromine exports surged to $785K in 2022. Overall, exports, however, recorded a abrupt downturn.
Export of Fluorine; Bromine in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 423 | 408 | 156 | 299 | -10.9% |
Singapore | 375 | 379 | 170 | 285 | -8.7% |
Japan | 41.2 | 88.5 | 59.4 | 84.6 | 27.1% |
India | 72.2 | 36.1 | 24.9 | 41.6 | -16.8% |
China | 87.1 | 22.0 | 21.2 | 40.4 | -22.6% |
Spain | 21.3 | N/A | N/A | N/A | 0% |
Others | 14.3 | 24.1 | 181 | 33.3 | 32.5% |
Total | 1,034 | 957 | 612 | 785 | -8.8% |
Top Export Markets for Fluorine; Bromine from South Korea in 2022:
- India (8.5 tons)
- Taiwan (Chinese) (8.2 tons)
- Singapore (1.5 tons)
- Japan (1.1 tons)
- China (0.3 tons)
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