Price for Sodium Sulphates; Other than Disodium Sulphate in Vietnam - 2022

Contents:

  1. Price for Sodium Sulphates; Other than Disodium Sulphate in Vietnam (CIF) - 2022
  2. Price for Sodium Sulphates; Other than Disodium Sulphate in Vietnam (FOB) - 2022
  3. Imports of Sodium Sulphates; Other than Disodium Sulphate in Vietnam
  4. Exports of Sodium Sulphates; Other than Disodium Sulphate in Vietnam

Price for Sodium Sulphates; Other than Disodium Sulphate in Vietnam (CIF) - 2022

In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $569 per ton, increasing by 25% against the previous year. Overall, the import price, however, recorded a mild reduction. The import price peaked at $673 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($569 per ton) and the United States ($569 per ton), while the price for Singapore ($569 per ton) and China ($569 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Sodium Sulphates; Other than Disodium Sulphate in Vietnam (FOB) - 2022

The average export price for sodium sulphates; other than disodium sulphates stood at $493 per ton in 2022, declining by -12.8% against the previous year. Overall, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 31%. As a result, the export price reached the peak level of $981 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cambodia.

From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to -4.1% per year.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Vietnam

In 2022, supplies from abroad of sodium sulphates; other than disodium sulphates was finally on the rise to reach 651 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep contraction.

In value terms, imports of sodium sulphates; other than disodium sulphates skyrocketed to $371K in 2022. In general, imports, however, recorded a abrupt setback.

Import of Sodium Sulphates; Other than Disodium Sulphate in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China354125112192-18.4%
Japan11491.960.7108-1.8%
Taiwan (Chinese)N/AN/A2.427.41041.7%
Turkey6.519.27.118.240.9%
United States8.58.518.717.827.9%
Others20.18.02.96.7-30.7%
Total503253204371-9.6%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Vietnam in 2022:

  1. China (337.8 tons)
  2. Japan (190.5 tons)
  3. Taiwan (Chinese) (48.1 tons)
  4. Turkey (32.0 tons)
  5. United States (31.3 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Vietnam

In 2022, after three years of growth, there was significant decline in overseas shipments of sodium sulphates; other than disodium sulphates, when their volume decreased by -59.9% to 98 tons. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 974%.

In value terms, exports of sodium sulphates; other than disodium sulphates declined rapidly to $48K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 903% against the previous year.

Export of Sodium Sulphates; Other than Disodium Sulphate in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia9.810813848.270.1%
Others1.00.7N/AN/A-30.0%
Total10.810913848.264.6%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Vietnam in 2022:

  1. Cambodia (97.7 tons)

Source: IndexBox Market Intelligence Platform

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