Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam - 2022
Contents:
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (CIF) - 2022
- Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (FOB) - 2022
- Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam
- Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (CIF) - 2022
The average sulphates; alums; peroxosulphates (persulphates) import price stood at $560 per ton in December 2022, growing by 34% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +4.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Taiwan (Chinese) ($2,708 per ton), while the price for Indonesia ($331 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (FOB) - 2022
The average sulphates; alums; peroxosulphates (persulphates) export price stood at $1,085 per ton in December 2022, surging by 49% against the previous month. In general, the export price recorded measured growth. The most prominent rate of growth was recorded in July 2022 an increase of 55% m-o-m. As a result, the export price attained the peak level of $1,348 per ton. From August 2022 to December 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was Singapore ($2,002 per ton), while the average price for exports to Cambodia ($208 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam
In 2022, purchases abroad of sulphates; alums; peroxosulphates (persulphates)s increased by 7.1% to 369K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; alums; peroxosulphates (persulphates) imports fell to $103M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of $110M, and then dropped in the following year.
| Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.5 | 68.6 | 71.3 | 83.8 | 8.6% |
| Others | 31.5 | 27.2 | 39.0 | 19.2 | -15.2% |
| Total | 97.0 | 95.8 | 110 | 103 | 2.0% |
Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Vietnam in 2022:
- China (364.8K tons)
Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam
Sulphates; alums; peroxosulphates (persulphates) exports from Vietnam dropped notably to 690 tons in 2022, with a decrease of -89.8% compared with the previous year. In general, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of 6.8K tons, and then fell sharply in the following year.
In value terms, sulphates; alums; peroxosulphates (persulphates) exports shrank markedly to $4.7M in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 173% against the previous year. As a result, the exports attained the peak of $6.8M, and then dropped significantly in the following year.
| Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 197 | 165 | 150 | 4,679 | 187.4% |
| Russia | 297 | 319 | 78.4 | N/A | -48.6% |
| Sri Lanka | N/A | 80.2 | N/A | N/A | 0% |
| China | N/A | 48.5 | 1,581 | N/A | 3159.8% |
| Malaysia | 147 | 45.0 | 329 | N/A | 49.6% |
| Cambodia | 456 | 786 | 1,038 | N/A | 50.9% |
| India | N/A | 271 | N/A | N/A | 0% |
| Indonesia | 1,450 | 164 | 1,337 | N/A | -4.0% |
| Singapore | 91.1 | 132 | 251 | N/A | 66.0% |
| Bangladesh | 88.6 | N/A | 0.9 | N/A | -89.9% |
| Lao People's Democratic Republic | 183 | 422 | 1,246 | N/A | 160.9% |
| Others | 169 | 74.9 | 838 | N/A | 122.7% |
| Total | 3,079 | 2,508 | 6,849 | 4,679 | 15.0% |
Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Vietnam in 2022:
- Myanmar (689.8 tons)
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