Cerium Compounds Price in Vietnam - 2021

Contents:

  1. Cerium Compounds Price in Vietnam (CIF) - 2022
  2. Cerium Compounds Price in Vietnam (FOB) - 2022
  3. Cerium Compounds Imports in Vietnam
  4. Cerium Compounds Exports in Vietnam

Cerium Compounds Price in Vietnam (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $15,634 per ton, jumping by 18% against the previous year. Over the period under review, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2013 an increase of 109%. The import price peaked at $26,333 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($27,933 per ton), while the price for Singapore ($2,790 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Cerium Compounds Price in Vietnam (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $2,050 per ton, with a decrease of -16% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 78%. As a result, the export price reached the peak level of $2,614 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($7,063 per ton), while the average price for exports to Hong Kong SAR ($115 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 Taiwan (Chinese) (+0.8%), while the prices for the other major destinations experienced a decline.

Cerium Compounds Imports in Vietnam

After three years of growth, supplies from abroad of cerium compoundses decreased by -42.4% to 101 tons in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 234% against the previous year.

In value terms, cerium compounds imports shrank rapidly to $1.6M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 247% against the previous year.

Import of Cerium Compounds in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China55.23601,447886152.3%
Malaysia98.126030830846.4%
Japan33.811127519378.7%
Hong Kong SAR12.652.813093.595.1%
Taiwan (Chinese)1.215.454.332.7200.9%
South Korea22.36.39.721.3-1.5%
Others18.332.790.441.331.2%
Total2428382,3151,57686.7%

Top Suppliers of Cerium Compounds to Vietnam in 2022:

  1. China (54.8 tons)
  2. Malaysia (19.1 tons)
  3. Hong Kong SAR (15.0 tons)
  4. Japan (6.9 tons)
  5. Taiwan (Chinese) (2.2 tons)
  6. South Korea (1.8 tons)

Cerium Compounds Exports in Vietnam

In 2022, overseas shipments of cerium compoundses were finally on the rise to reach 4.2 tons after two years of decline. Over the period under review, exports, however, continue to indicate a deep contraction.

In value terms, cerium compounds exports rose modestly to $8.6K in 2022. Overall, exports, however, continue to indicate a slight downturn.

Export of Cerium Compounds in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)6.66.66.56.81.0%
China1.91.81.71.7-3.6%
Hong Kong SAR0.10.1N/AN/A0.0%
Japan0.50.30.1N/A-55.3%
OthersN/AN/AN/AN/A0%
Total9.18.78.48.6-1.9%

Top Export Markets for Cerium Compounds from Vietnam in 2022:

  1. China (2935.0 kg)
  2. Taiwan (Chinese) (958.0 kg)
  3. Hong Kong SAR (208.0 kg)
  4. Japan (86.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Vietnam