Price for Copper; Powders and Flakes in South Korea - 2022
Contents:
- Price for Copper; Powders and Flakes in South Korea (CIF) - 2022
- Price for Copper; Powders and Flakes in South Korea (FOB) - 2022
- Imports of Copper; Powders and Flakes in South Korea
- Exports of Copper; Powders and Flakes in South Korea
Price for Copper; Powders and Flakes in South Korea (CIF) - 2022
The average copper; powders and flakes import price stood at $16,268 per ton in 2022, with an increase of 4.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $17,882 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($25,263 per ton), while the price for Austria ($13,353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Powders and Flakes in South Korea (FOB) - 2022
In 2022, the average copper; powders and flakes export price amounted to $4,374 per ton, surging by 33% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($22,149 per ton), while the average price for exports to Thailand ($1,758 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 Vietnam (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Powders and Flakes in South Korea
Copper; powders and flakes imports into South Korea fell to 2.3K tons in 2022, which is down by -14% compared with the previous year. Overall, imports recorded a abrupt setback. The smallest decline of -4.6% was in 2021.
In value terms, copper; powders and flakes imports declined to $38M in 2022. In general, imports continue to indicate a slight decrease. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports reached the peak of $42M, and then declined in the following year.
| Import of Copper; Powders and Flakes in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.0 | 6.2 | 9.2 | 9.9 | 12.2% |
| China | 7.9 | 8.2 | 8.7 | 7.0 | -4.0% |
| Italy | 2.0 | 1.6 | 4.2 | 5.8 | 42.6% |
| Japan | 6.9 | 7.8 | 9.5 | 5.0 | -10.2% |
| Germany | 3.4 | 3.1 | 4.8 | 4.5 | 9.8% |
| United Kingdom | 5.3 | 2.3 | 1.7 | 2.2 | -25.4% |
| Austria | 3.2 | 2.2 | 2.2 | 1.4 | -24.1% |
| Poland | 1.1 | 3.8 | N/A | N/A | 245.5% |
| United Arab Emirates | 1.1 | N/A | N/A | N/A | 0% |
| Others | 1.6 | 1.4 | 2.0 | 2.2 | 11.2% |
| Total | 39.5 | 36.5 | 42.3 | 38.1 | -1.2% |
Top Suppliers of Copper; Powders and Flakes to South Korea in 2022:
- United States (665.2 tons)
- Italy (417.1 tons)
- China (376.5 tons)
- Germany (271.4 tons)
- Japan (199.3 tons)
- United Kingdom (138.1 tons)
- Austria (105.1 tons)
Exports of Copper; Powders and Flakes in South Korea
In 2022, overseas shipments of copper; powders and flakeses decreased by -41.4% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 4.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, copper; powders and flakes exports declined notably to $8.4M in 2022. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 7.7% against the previous year.
| Export of Copper; Powders and Flakes in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 4.2 | 6.5 | 3.8 | -10.5% |
| Japan | 3.8 | 3.5 | 1.9 | 2.1 | -17.9% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| Vietnam | 1.0 | 0.5 | 0.6 | 0.7 | -11.2% |
| Malaysia | N/A | 0.2 | 0.2 | 0.4 | 41.4% |
| Indonesia | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| Cambodia | 0.2 | 0.5 | 0.2 | N/A | 0.0% |
| Others | 0.2 | 0.7 | 0.7 | 0.2 | 0.0% |
| Total | 11.0 | 10.0 | 10.7 | 8.4 | -8.6% |
Top Export Markets for Copper; Powders and Flakes from South Korea in 2022:
- Cambodia (undefined tons)
- China (1400.4 tons)
- Japan (253.9 tons)
- Taiwan (Chinese) (64.8 tons)
- Thailand (61.1 tons)
- Malaysia (53.6 tons)
- Indonesia (37.8 tons)
- Vietnam (32.7 tons)
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This report provides an in-depth analysis of the copper powder market in Republic of Korea.
644
This report provides an in-depth analysis of the global copper powder market.
431
This report provides an in-depth analysis of the copper powder market in Republic of Korea.
644
This report provides an in-depth analysis of the global copper powder market.
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