Sulphates; of Aluminium Price in Vietnam - 2022
Contents:
- Sulphates; of Aluminium Price in Vietnam (CIF) - 2022
- Sulphates; of Aluminium Price in Vietnam (FOB) - 2022
- Sulphates; of Aluminium Imports in Vietnam
- Sulphates; of Aluminium Exports in Vietnam
Sulphates; of Aluminium Price in Vietnam (CIF) - 2022
In 2022, the average sulphates; of aluminium import price amounted to $258 per ton, which is down by -4% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium import price increased by +46.6% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 40% against the previous year. The import price peaked at $268 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($280 per ton), while the price for Indonesia ($235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Aluminium Price in Vietnam (FOB) - 2022
In 2022, the average sulphates; of aluminium export price amounted to $242 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2017 an increase of 58% against the previous year. As a result, the export price attained the peak level of $424 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($289 per ton), while the average price for exports to Taiwan (Chinese) ($228 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 Brunei Darussalam (+77.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Aluminium Imports in Vietnam
In 2022, approx. 5.9K tons of sulphates; of aluminia were imported into Vietnam; remaining stable against the previous year. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 1.3% against the previous year.
In value terms, sulphates; of aluminium imports contracted slightly to $1.5M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 10%. As a result, imports attained the peak of $1.6M, and then contracted in the following year.
Import of Sulphates; of Aluminium in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 392 | 497 | 563 | 743 | 23.8% |
Indonesia | 1,019 | 807 | 892 | 668 | -13.1% |
Mexico | 14.3 | 30.8 | 30.4 | 22.3 | 16.0% |
Others | 75.5 | 105 | 105 | 82.7 | 3.1% |
Total | 1,501 | 1,441 | 1,590 | 1,515 | 0.3% |
Top Suppliers of Sulphates; of Aluminium to Vietnam in 2022:
- Indonesia (2.8K tons)
- China (2.7K tons)
- Mexico (0.1K tons)
Sulphates; of Aluminium Exports in Vietnam
Sulphates; of aluminium exports from Vietnam fell modestly to 88 tons in 2022, with a decrease of -3.4% against the previous year. Overall, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 7.3% against the previous year.
In value terms, sulphates; of aluminium exports contracted modestly to $21K in 2022. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3%.
Export of Sulphates; of Aluminium in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 51.5 | 14.9 | 15.8 | 15.0 | -33.7% |
Cambodia | 1.8 | 4.7 | 5.4 | 5.4 | 44.2% |
Lao People's Democratic Republic | 21.8 | 0.8 | 0.9 | 0.8 | -66.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 75.1 | 20.4 | 22.1 | 21.3 | -34.3% |
Top Export Markets for Sulphates; of Aluminium from Vietnam in 2022:
- Taiwan (Chinese) (66.0 tons)
- Cambodia (18.7 tons)
- Lao People's Democratic Republic (3.2 tons)
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