Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam - 2022

Contents:

1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam (CIF) - 2022
2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam (FOB) - 2022
3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam
4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam (CIF) - 2022

In December 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,526 per ton, shrinking by -29.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 75% month-to-month. The import price peaked at $4,562 per ton in March 2022; however, from April 2022 to December 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from China ($2,773 per ton) and Japan ($2,651 per ton), while the price for Germany ($2,281 per ton) and Taiwan (Chinese) ($2,291 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 the United States (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam (FOB) - 2022

The average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $2,461 per ton in 2022, rising by 79% against the previous year. In general, the export price enjoyed a slight increase. Over the period under review, the average export prices reached the peak figure at $2,843 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,461 per ton), while the average price for exports to South Korea ($2,460 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 China (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam

After two years of decline, overseas purchases of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds increased by 45% to 1.6K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds rose rapidly to $3.6M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Vietnam in 2022:

1. Thailand (589.7 tons)
2. South Korea (215.5 tons)
3. Taiwan (Chinese) (187.4 tons)
4. Japan (173.5 tons)
5. Belgium (127.9 tons)
6. China (116.4 tons)
7. Singapore (69.4 tons)
8. United States (28.5 tons)
9. India (21.3 tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Vietnam

In 2022, the amount of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds exported from Vietnam contracted rapidly to 28 tons, waning by -66% compared with 2021. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds reduced remarkably to $68K in 2022. Overall, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Vietnam in 2022:

1. China (23.7 tons)
2. South Korea (2.2 tons)
3. Singapore (1.7 tons)

Source: IndexBox Market Intelligence Platform