Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in Vietnam - 2022

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam (CIF) - 2022
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam (FOB) - 2022
3. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam
4. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam (CIF) - 2022

In 2022, the average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate amounted to $3,438 per ton, picking up by 28% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,438 per ton), while the price for India totaled $3,438 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam (FOB) - 2022

The average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $2,825 per ton in 2022, with an increase of 19% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $3,274 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($2,825 per ton), while the average price for exports to South Korea ($2,824 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 Bangladesh (+10.6%), while the prices for the other major destinations experienced a decline.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam

In 2022, the amount of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate imported into Vietnam soared to 4.3K tons, rising by 28% compared with the previous year. The total import volume increased at an average annual rate of +14.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate skyrocketed to $15M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to Vietnam in 2022:

1. China (2.9K tons)
2. India (1.4K tons)

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Vietnam

In 2022, approx. 57 tons of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate were exported from Vietnam; increasing by 25% on 2021 figures. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 241% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate soared to $161K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 148% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from Vietnam in 2022:

1. Bangladesh (47.2 tons)
2. Cambodia (8.6 tons)
3. South Korea (1.0 tons)

Source: IndexBox Market Intelligence Platform