Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam - 2022

Contents:

1. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam (CIF) - 2022
2. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam (FOB) - 2022
3. Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam
4. Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam (CIF) - 2022

The average import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses stood at $1,911 per ton in 2022, shrinking by -3.4% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses increased by +12.1% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 45% against the previous year. The import price peaked at $2,392 per ton in 2014; however, from 2015 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 Uruguay ($11,475 per ton), while the price for Hong Kong SAR ($690 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam (FOB) - 2022

The average export price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses stood at $37,077 per ton in 2022, picking up by 46% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 865% against the previous year. As a result, the export price reached the peak level of $223,451 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($37,078 per ton) and Russia ($37,077 per ton), while the average price for exports to Malaysia ($37,074 per ton) and Belgium ($37,077 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam

In 2022, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses into Vietnam surged to 5K tons, jumping by 20% against the previous year. The total import volume increased at an average annual rate of +14.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses surged to $9.6M in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates to Vietnam in 2022:

1. China (3801.5 tons)
2. Hong Kong SAR (505.2 tons)
3. United States (267.2 tons)
4. India (180.4 tons)
5. Uruguay (102.3 tons)
6. Sweden (96.9 tons)

Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Vietnam

In 2022, approx. 171 tons of chlorates and perchlorates; bromates and perbromates; iodates and periodateses were exported from Vietnam; dropping by -16.4% against the previous year's figure. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,344%. As a result, the exports attained the peak of 205 tons, and then dropped remarkably in the following year.

In value terms, exports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses surged to $6.4M in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 107%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates from Vietnam in 2022:

1. Russia (51.6 tons)
2. Belgium (40.6 tons)
3. Spain (30.5 tons)
4. United Kingdom (16.9 tons)
5. Australia (13.0 tons)
6. United States (7.5 tons)
7. Malaysia (2.9 tons)

Source: IndexBox Market Intelligence Platform