Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam - 2022
Contents:
- Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam (CIF) - 2022
- Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam
Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam (CIF) - 2022
In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $128,426 per ton, with a decrease of -2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 an increase of 30%. As a result, import price attained the peak level of $131,406 per ton, and then declined modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($147,488 per ton), while the price for India ($38,596 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam
In 2022, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves into Vietnam skyrocketed to 3.4 tons, picking up by 53% compared with the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 78%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves surged to $432K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 134 | 157 | 197 | 340 | 36.4% |
| South Korea | N/A | 35.7 | N/A | 88.1 | 57.1% |
| India | 6.0 | 32.3 | 6.4 | 4.4 | -9.8% |
| United States | 1.4 | 6.8 | 6.4 | N/A | 113.8% |
| Indonesia | 56.1 | 70.1 | 78.5 | N/A | 18.3% |
| Others | 1.4 | 1.4 | 0.7 | N/A | -29.3% |
| Total | 199 | 303 | 289 | 432 | 29.5% |
Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Vietnam in 2022:
- China (2.3 tons)
- South Korea (0.9 tons)
- India (0.1 tons)
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