Republic of Korea - Lead - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLead Price in South Korea - 2022
Contents:
- Lead Price in South Korea (FOB) - 2022
- Lead Price in South Korea (CIF) - 2022
- Lead Exports in South Korea
- Lead Imports in South Korea
Lead Price in South Korea (FOB) - 2022
The average lead export price stood at $2,335 per ton in December 2022, surging by 1.6% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 6.5% against the previous month. The export price peaked at $2,551 per ton in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In December 2022, the countries with the highest prices were India ($2,525 per ton) and Thailand ($2,523 per ton), while the average price for exports to Japan ($2,254 per ton) and Indonesia ($2,260 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.3%), while the prices for the other major destinations experienced a decline.
Lead Price in South Korea (CIF) - 2022
The average lead import price stood at $2,168 per ton in December 2022, waning by -1.9% against the previous month. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in January 2022 an increase of 2.8% m-o-m. As a result, import price attained the peak level of $2,501 per ton. From February 2022 to December 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Myanmar ($2,358 per ton) and India ($2,205 per ton), while the price for Australia ($1,970 per ton) and the Philippines ($1,975 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Myanmar (-0.0%), while the prices for the other major suppliers experienced a decline.
Lead Exports in South Korea
In 2022, shipments abroad of lead increased by 11% to 336K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a slight descent.
In value terms, lead exports expanded significantly to $789M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Lead in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 122 | 129 | 175 | 287 | 33.0% |
Vietnam | 200 | 226 | 238 | 271 | 10.7% |
India | 155 | 142 | 149 | 116 | -9.2% |
Indonesia | 54.1 | 33.7 | 68.3 | 43.3 | -7.2% |
Thailand | 62.8 | 42.7 | 37.6 | 23.7 | -27.7% |
Malaysia | 17.3 | 6.0 | 12.1 | 18.1 | 1.5% |
Japan | 17.1 | 15.1 | 11.1 | 13.4 | -7.8% |
China | 98.3 | 34.0 | 3.2 | 0.3 | -85.5% |
Others | 31.0 | 22.4 | 19.1 | 17.0 | -18.1% |
Total | 758 | 650 | 713 | 789 | 1.3% |
Top Export Markets for Lead from South Korea in 2022:
- United States (124.6K tons)
- Vietnam (114.3K tons)
- India (47.7K tons)
- Indonesia (18.9K tons)
- Thailand (9.4K tons)
- Malaysia (7.9K tons)
- Japan (5.8K tons)
- China (0.1K tons)
Lead Imports in South Korea
In 2022, overseas purchases of lead decreased by -7.1% to 157K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of 169K tons, and then contracted in the following year.
In value terms, lead imports contracted modestly to $373M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $376M, leveling off in the following year.
Import of Lead in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 126 | 104 | 225 | 262 | 27.6% |
United Arab Emirates | 26.5 | 13.1 | 10.0 | 17.4 | -13.1% |
Japan | 8.6 | 15.7 | 13.0 | 17.4 | 26.5% |
Saudi Arabia | 19.5 | 10.2 | 18.9 | 15.6 | -7.2% |
Nigeria | 13.9 | 22.7 | 22.2 | 15.3 | 3.3% |
Philippines | 6.6 | 2.0 | 7.8 | 13.3 | 26.3% |
Australia | 7.5 | 14.3 | 5.5 | 5.8 | -8.2% |
Myanmar | 1.1 | 0.9 | 11.0 | 5.7 | 73.0% |
Russia | 6.5 | 19.6 | 7.1 | N/A | 4.5% |
Kazakhstan | N/A | 9.1 | 8.9 | N/A | -2.2% |
Others | 45.5 | 53.7 | 46.2 | 20.9 | -22.8% |
Total | 261 | 266 | 376 | 373 | 12.6% |
Top Suppliers of Lead to South Korea in 2022:
- India (107.9K tons)
- Japan (8.3K tons)
- United Arab Emirates (7.2K tons)
- Saudi Arabia (6.7K tons)
- Nigeria (6.7K tons)
- Philippines (6.2K tons)
- Australia (2.5K tons)
- Myanmar (2.4K tons)
This report provides an in-depth analysis of the lead market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lead market in Republic of Korea.
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This report provides an in-depth analysis of the unwrought lead market in Republic of Korea.
This report provides an in-depth analysis of the lead market in Republic of Korea.
This report provides an in-depth analysis of the global refined lead market.
This report provides an in-depth analysis of the global refined lead market.
This report provides an in-depth analysis of the global market for unwrought lead containing antimony.
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