Price for Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam - 2022

Contents:

  1. Price for Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam

Price for Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; pseudoephedrine (INN) and its saltses amounted to $155,148 per ton, surging by 8.2% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($192,948 per ton), while the price for India ($7,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.2%), while the prices for the other major suppliers experienced a decline.

Imports of Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam

Imports of alkaloids, vegetable; pseudoephedrine (INN) and its saltses into Vietnam contracted to 487 kg in 2022, with a decrease of -12.6% compared with 2021 figures. In general, imports showed a pronounced decline. The smallest decline of -0.2% was in 2021.

In value terms, imports of alkaloids, vegetable; pseudoephedrine (INN) and its saltses fell to $76K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $80K, and then reduced in the following year.

Import of Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)62.370.078.674.56.1%
Singapore1.11.11.11.0-3.1%
India0.20.20.10.1-20.6%
OthersN/AN/AN/AN/A0%
Total63.671.379.975.65.9%

Top Suppliers of Alkaloids, Vegetable; Pseudoephedrine (INN) and Its Salts to Vietnam in 2022:

  1. Taiwan (Chinese) (386.0 kg)
  2. Singapore (89.0 kg)
  3. India (11.0 kg)

Source: IndexBox Market Intelligence Platform

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