Alkali Metals; Sodium Price in Vietnam - 2021
Contents:
- Alkali Metals; Sodium Price in Vietnam (CIF) - 2022
- Alkali Metals; Sodium Price in Vietnam (FOB) - 2022
- Alkali Metals; Sodium Imports in Vietnam
- Alkali Metals; Sodium Exports in Vietnam
Alkali Metals; Sodium Price in Vietnam (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $2,838 per ton, falling by -9.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked at $3,136 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($9,396 per ton), while the price for South Korea ($636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+228.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Price in Vietnam (FOB) - 2022
The average alkali metals; sodium export price stood at $155 per ton in 2020, almost unchanged from the previous year. Over the period under review, the export price, however, saw a significant decline. The export price peaked at $4,749 per ton in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.
From 2016 to 2020, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to -51.1% per year.
Alkali Metals; Sodium Imports in Vietnam
In 2022, supplies from abroad of alkali metals; sodia was finally on the rise to reach 15 tons after two years of decline. In general, imports, however, faced a abrupt decrease.
In value terms, alkali metals; sodium imports expanded significantly to $41K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn.
| Import of Alkali Metals; Sodium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.9 | 27.0 | 23.5 | 23.7 | -12.1% |
| Japan | 16.0 | 11.2 | 9.1 | 6.1 | -27.5% |
| Ireland | N/A | N/A | N/A | 2.8 | 0% |
| Taiwan (Chinese) | 5.9 | 2.0 | 0.6 | 1.9 | -31.5% |
| Malaysia | 2.4 | 1.9 | 1.7 | 1.7 | -10.9% |
| Germany | 1.9 | 1.4 | 1.1 | 1.1 | -16.7% |
| South Korea | N/A | 0.6 | 0.5 | 0.4 | -18.4% |
| Others | 1.7 | 0.6 | 1.4 | 3.4 | 26.0% |
| Total | 62.8 | 44.6 | 37.8 | 41.2 | -13.1% |
Top Suppliers of Alkali Metals; Sodium to Vietnam in 2022:
- China (10.4 tons)
- Japan (1.2 tons)
- South Korea (0.7 tons)
- Taiwan (Chinese) (0.5 tons)
- Germany (0.5 tons)
- Malaysia (0.4 tons)
- Ireland (0.3 tons)
Alkali Metals; Sodium Exports in Vietnam
In 2020, the amount of alkali metals; sodia exported from Vietnam soared to 596 tons, growing by 99% against 2019. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium exports soared to $92K in 2020. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alkali Metals; Sodium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Lao People's Democratic Republic | N/A | 92.3 | 0% | ||
| Ethiopia | 46.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 46.1 | 92.3 | 100.2% | ||
Top Export Markets for Alkali Metals; Sodium from Vietnam in 2022:
- Lao People's Democratic Republic (596.3 tons)
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