Republic of Korea: Market for Unwrought Lead Containing Antimony 2021

Market Size for Unwrought Lead Containing Antimony in Republic of Korea

In 2020, the South Korean unwrought lead containing antimony market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Unwrought lead containing antimony consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Production of Unwrought Lead Containing Antimony in Republic of Korea

In value terms, unwrought lead containing antimony production expanded remarkably to $X in 2020 estimated in export prices. In general, production, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Unwrought lead containing antimony production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Unwrought Lead Containing Antimony

Exports from Republic of Korea

In 2020, unwrought lead containing antimony exports from South Korea contracted markedly to X tons, with a decrease of -X% on the year before. Overall, exports recorded a mild descent. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at X tons in 2019, and then declined significantly in the following year.

In value terms, unwrought lead containing antimony exports fell dramatically to $X in 2020. Over the period under review, exports recorded a perceptible downturn. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

India (X tons), Indonesia (X tons) and Malaysia (X tons) were the main destinations of unwrought lead containing antimony exports from South Korea, together accounting for X% of total exports. These countries were followed by Vietnam, Bangladesh, Thailand and Taiwan (Chinese), which together accounted for a further X 2007 to 2020, the biggest increases were in Taiwan (Chinese), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unwrought lead containing antimony exported from South Korea were India ($X), Indonesia ($X) and Malaysia ($X), together comprising X% of total exports. Vietnam, Bangladesh, Thailand and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Taiwan (Chinese) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unwrought lead containing antimony export price stood at $X per ton in 2020, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2020, the highest prices were recorded for prices to Vietnam ($X per ton) and Malaysia ($X per ton), while the average price for exports to Bangladesh ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Unwrought Lead Containing Antimony

Imports into Republic of Korea

In 2020, the amount of unwrought lead containing antimony imported into South Korea fell notably to X tons, which is down by -X% against the previous year's figure. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, unwrought lead containing antimony imports declined significantly to $X in 2020. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Saudi Arabia (X tons) constituted the largest supplier of unwrought lead containing antimony to South Korea, with a X% share of total imports. Moreover, unwrought lead containing antimony imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. Yemen (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Saudi Arabia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Yemen (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of unwrought lead containing antimony to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Yemen, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Saudi Arabia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Yemen (+X% per year).

Import Prices by Country

The average unwrought lead containing antimony import price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Mexico ($X per ton) and Iran ($X per ton), while the price for Japan ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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