Price for Dithionites and Sulphoxylates; of Sodium in Vietnam - 2022
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Vietnam (CIF) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in Vietnam (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Vietnam
- Exports of Dithionites and Sulphoxylates; of Sodium in Vietnam
Price for Dithionites and Sulphoxylates; of Sodium in Vietnam (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $1,559 per ton in 2022, falling by -3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. The import price peaked at $1,652 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,908 per ton) and India ($1,455 per ton), while the price for Taiwan (Chinese) ($1,393 per ton) and Italy ($1,425 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Vietnam (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $1,591 per ton, increasing by 4.7% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 an increase of 76% against the previous year. Over the period under review, the average export prices attained the maximum at $2,690 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,592 per ton), while the average price for exports to South Korea ($1,558 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 South Korea (+9.0%), while the prices for the other major destinations experienced a decline.
Imports of Dithionites and Sulphoxylates; of Sodium in Vietnam
In 2022, imports of dithionites and sulphoxylates; of sodia into Vietnam fell to 8.8K tons, which is down by -13% against 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 10K tons, and then contracted in the following year.
In value terms, dithionites and sulphoxylates; of sodium imports dropped markedly to $14M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of $16M, and then shrank dramatically in the following year.
Import of Dithionites and Sulphoxylates; of Sodium in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.1 | 6.7 | 11.5 | 10.0 | 17.9% |
India | 0.7 | 1.1 | 1.4 | 1.2 | 19.7% |
Taiwan (Chinese) | 0.8 | 0.4 | 0.3 | 0.5 | -14.5% |
South Korea | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
Germany | 4.4 | 1.7 | 1.3 | 0.4 | -55.0% |
Italy | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
Others | 0.7 | 0.8 | 1.0 | 1.0 | 12.6% |
Total | 13.4 | 11.2 | 16.3 | 13.8 | 1.0% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Vietnam in 2022:
- China (6.9K tons)
- India (0.8K tons)
- Taiwan (Chinese) (0.3K tons)
- South Korea (0.3K tons)
- Italy (0.2K tons)
- Germany (0.2K tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylates; of sodia, when their volume decreased by -45% to 44 tons. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 824% against the previous year. As a result, the exports reached the peak of 81 tons, and then dropped markedly in the following year.
In value terms, dithionites and sulphoxylates; of sodium exports dropped remarkably to $71K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 561% against the previous year. As a result, the exports attained the peak of $123K, and then fell sharply in the following year.
Export of Dithionites and Sulphoxylates; of Sodium in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 0.8 | 4.6 | 21.4 | 35.9 | 255.4% |
Indonesia | 1.4 | 7.4 | 20.0 | 33.6 | 188.4% |
Thailand | N/A | 2.9 | 15.0 | N/A | 417.2% |
Taiwan (Chinese) | N/A | 3.4 | 65.5 | N/A | 1826.5% |
Others | 2.0 | 0.3 | 0.8 | 1.0 | -20.6% |
Total | 4.2 | 18.5 | 123 | 70.5 | 156.0% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Vietnam in 2022:
- Cambodia (22.6 tons)
- Indonesia (21.1 tons)
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