Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea - 2022
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (FOB) - 2022
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (CIF) - 2022
- Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (FOB) - 2022
In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $20,973 per ton, increasing by 52% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2017 an increase of 273%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($180,924 per ton), while the average price for exports to Vietnam ($3,770 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 (+55.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (CIF) - 2022
In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,127 per ton, waning by -15.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 257%. The import price peaked at $3,083 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($10,014 per ton), while the price for China ($557 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+62.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea
In 2022, shipments abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) was finally on the rise to reach 24 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) skyrocketed to $496K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 106 | 57.5 | 0.7 | 223 | 28.1% |
| United States | 10.0 | 13.3 | 13.6 | 94.8 | 111.6% |
| Indonesia | 1.2 | 4.0 | 9.6 | 73.6 | 294.4% |
| Vietnam | 1.8 | 0.4 | 13.5 | 53.2 | 209.2% |
| Peru | 6.1 | 2.1 | 1.7 | 7.5 | 7.1% |
| Brazil | 0.8 | 0.6 | 0.3 | 1.3 | 17.6% |
| Others | 6.7 | 12.4 | 9.0 | 41.9 | 84.2% |
| Total | 132 | 90.3 | 48.3 | 496 | 55.5% |
Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from South Korea in 2022:
- Vietnam (14.1 tons)
- China (5.6 tons)
- United States (2.0 tons)
- Indonesia (1.3 tons)
- Brazil (0.2 tons)
- Peru (0.2 tons)
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea
In 2022, purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) was finally on the rise to reach 195 tons after two years of decline. Over the period under review, imports, however, saw a dramatic decline.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) skyrocketed to $220K in 2022. In general, imports, however, showed a sharp reduction.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 196 | 126 | 3.7 | 164 | -5.8% |
| China | 223 | 11.4 | 11.1 | 15.5 | -58.9% |
| Czech Republic | 20.5 | 12.3 | 11.1 | 5.5 | -35.5% |
| Others | 157 | 77.1 | 85.6 | 34.8 | -39.5% |
| Total | 595 | 227 | 111 | 220 | -28.2% |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to South Korea in 2022:
- Germany (157.4 tons)
- China (27.8 tons)
- Czech Republic (5.9 tons)
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