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Vietnam - Hydrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Price in Vietnam - 2021
Contents:
- Hydrogen Price in Vietnam (CIF) - 2022
- Hydrogen Price in Vietnam (FOB) - 2022
- Hydrogen Imports in Vietnam
- Hydrogen Exports in Vietnam
Hydrogen Price in Vietnam (CIF) - 2022
In 2022, the average hydrogen import price amounted to $0.6 per cubic meter, growing by 9.7% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen import price decreased by -22.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $0.7 per cubic meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Japan ($3.9 per cubic meter), while the price for Thailand ($0.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hydrogen Price in Vietnam (FOB) - 2022
In 2022, the average hydrogen export price amounted to $0.1 per cubic meter, shrinking by -44% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $0.7 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($0.4 per cubic meter), while the average price for exports to Lao People's Democratic Republic stood at $0.1 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+10.6%).
Hydrogen Imports in Vietnam
Hydrogen imports into Vietnam reduced rapidly to 83K cubic meters in 2022, declining by -40.9% on the year before. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 373% against the previous year. As a result, imports attained the peak of 140K cubic meters, and then reduced dramatically in the following year.
In value terms, hydrogen imports shrank dramatically to $46K in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 236% against the previous year. As a result, imports attained the peak of $71K, and then reduced rapidly in the following year.
Import of Hydrogen in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 9.8 | 11.0 | 28.9 | 19.3 | 25.3% |
Japan | 3.9 | 5.2 | 16.0 | 12.6 | 47.8% |
United States | 1.5 | 0.2 | 6.1 | 4.3 | 42.1% |
Singapore | 1.4 | 2.2 | 3.4 | 3.3 | 33.1% |
China | 0.7 | N/A | 1.3 | 0.9 | 8.7% |
Indonesia | N/A | N/A | 2.9 | N/A | 0% |
Others | 3.6 | 2.6 | 12.4 | 5.7 | 16.6% |
Total | 20.9 | 21.2 | 71.2 | 46.2 | 30.3% |
Top Suppliers of Hydrogen to Vietnam in 2022:
- Thailand (63.7K cubic meters)
- Singapore (6.9K cubic meters)
- United States (6.1K cubic meters)
- Japan (3.2K cubic meters)
- China (1.7K cubic meters)
Hydrogen Exports in Vietnam
Hydrogen exports from Vietnam skyrocketed to 23K cubic meters in 2022, with an increase of 79% on the previous year. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen exports reached $2.1K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $2.1K in 2019; afterwards, it flattened through to 2022.
Export of Hydrogen in Vietnam (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 1,620 | 1,491 | 1,011 | 1,434 | -4.0% |
Cambodia | 482 | 639 | 486 | 690 | 12.7% |
Others | 41.0 | N/A | 620 | N/A | 288.9% |
Total | 2,143 | 2,130 | 2,117 | 2,124 | -0.3% |
Top Export Markets for Hydrogen from Vietnam in 2022:
- Lao People's Democratic Republic (20.9K cubic meters)
- Cambodia (1.7K cubic meters)
This report provides an in-depth analysis of the hydrogen market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111150 - Hydrogen
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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