Price for Ivory and Articles Thereof; Worked in Vietnam - 2021

Contents:

  1. Price for Ivory and Articles Thereof; Worked in Vietnam (FOB) - 2022
  2. Price for Ivory and Articles Thereof; Worked in Vietnam (CIF) - 2022
  3. Exports of Ivory and Articles Thereof; Worked in Vietnam
  4. Imports of Ivory and Articles Thereof; Worked in Vietnam

Price for Ivory and Articles Thereof; Worked in Vietnam (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $29,896 per ton in 2022, increasing by 23% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 75% against the previous year. Over the period under review, the average export prices attained the maximum at $64,662 per ton in 2016; however, from 2017 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 France ($139,570 per ton), while the average price for exports to Denmark ($7,126 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 Turkey (+48.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Ivory and Articles Thereof; Worked in Vietnam (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $1,884,353 per ton in 2022, rising by 2,890% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +22,757.7% per year.

Exports of Ivory and Articles Thereof; Worked in Vietnam

In 2022, shipments abroad of ivory and articles thereof; worked increased by 54% to 604 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous slump.

In value terms, ivory and articles thereof; worked exports soared to $18K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decrease.

Export of Ivory and Articles Thereof; Worked in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A8.00%
United States17.61.92.92.1-50.8%
Malaysia5.03.11.21.0-41.5%
Hong Kong SAR0.80.40.10.94.0%
Germany10.20.50.20.8-57.2%
Italy3.22.21.10.8-37.0%
Hungary4.61.10.30.6-49.3%
South Korea3.31.90.70.6-43.3%
Japan6.61.40.20.4-60.7%
Denmark2.31.30.40.3-49.3%
Thailand12.5N/AN/AN/A0%
France34.73.10.6N/A-86.9%
Brazil9.8N/AN/AN/A0%
Others44.09.61.92.5-61.6%
Total15426.59.618.1-51.0%

Top Export Markets for Ivory and Articles Thereof; Worked from Vietnam in 2022:

  1. China (234.0 kg)
  2. United States (82.0 kg)
  3. Hungary (47.0 kg)
  4. Hong Kong SAR (44.0 kg)
  5. Denmark (42.0 kg)
  6. Malaysia (38.0 kg)
  7. Italy (28.0 kg)
  8. South Korea (22.0 kg)
  9. Japan (20.0 kg)
  10. Germany (7.0 kg)

Imports of Ivory and Articles Thereof; Worked in Vietnam

Ivory and articles thereof; worked imports into Vietnam shrank dramatically to 4 kg in 2022, which is down by -97.6% on the previous year's figure. Over the period under review, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 243%. As a result, imports attained the peak of 168 kg, and then shrank rapidly in the following year.

In value terms, ivory and articles thereof; worked imports fell significantly to $6.8K in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 253%.

Import of Ivory and Articles Thereof; Worked in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.03.02.36.889.5%
Spain0.4N/AN/AN/A0%
NigeriaN/AN/A8.2N/A0%
ThailandN/AN/AN/AN/A0%
Indonesia1.2N/AN/AN/A0%
Others8.2N/AN/AN/A0%
Total10.83.010.66.8-14.3%

Top Suppliers of Ivory and Articles Thereof; Worked to Vietnam in 2022:

  1. China (4.0 kg)

Source: IndexBox Market Intelligence Platform

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