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Vietnam - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Vietnam - 2021
Contents:
- Sulphates Price in Vietnam (CIF) - 2021
- Sulphates Price in Vietnam (FOB) - 2021
- Sulphates Imports in Vietnam
- Sulphates Exports in Vietnam
Sulphates Price in Vietnam (CIF) - 2021
The average sulphates import price stood at $310 per ton in December 2021, with a decrease of -23.8% against the previous month. Over the period under review, import price indicated a pronounced increase from December 2020 to December 2021: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, sulphates import price decreased by -23.8% against November 2021 indices. The most prominent rate of growth was recorded in January 2021 an increase of 43% against the previous month. The import price peaked at $408 per ton in August 2021; however, from September 2021 to December 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +2.0% per month.
Sulphates Price in Vietnam (FOB) - 2021
In December 2021, the average sulphates export price amounted to $886 per ton, jumping by 15% against the previous month. In general, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in May 2021 an increase of 25% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,136 per ton in December 2020; however, from January 2021 to December 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Malaysia ($1,929 per ton), while the average price for exports to Cambodia ($354 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates Imports in Vietnam
In 2022, supplies from abroad of sulphates (excluding those of aluminium and barium) increased by 7.4% to 382K 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 +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphates imports reached $94M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.3%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Sulphates in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 58.4 | 58.9 | 62.3 | 64.3 | 3.3% |
Others | 24.8 | 23.6 | 27.8 | 29.3 | 5.7% |
Total | 83.2 | 82.4 | 90.1 | 93.6 | 4.0% |
Top Suppliers of Sulphates to Vietnam in 2022:
- China (365.9K tons)
Sulphates Exports in Vietnam
Sulphates exports from Vietnam soared to 9.9K tons in 2022, growing by 36% compared with the previous year's figure. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates exports expanded sharply to $8M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Sulphates in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 2,991 | 395 | 1,487 | 2,579 | -4.8% |
Lao People's Democratic Republic | 240 | 777 | 1,297 | 2,251 | 110.9% |
Cambodia | 358 | 1,605 | 943 | 1,636 | 65.9% |
Malaysia | 301 | 103 | 365 | 634 | 28.2% |
Philippines | 45.8 | 26.2 | 115 | 200 | 63.5% |
Sri Lanka | N/A | 193 | N/A | N/A | 0% |
China | N/A | 117 | 1,759 | N/A | 1403.4% |
India | N/A | 653 | N/A | N/A | 0% |
Others | 1,001 | 894 | 1,131 | 720 | -10.4% |
Total | 4,938 | 4,763 | 7,098 | 8,020 | 17.5% |
Top Export Markets for Sulphates from Vietnam in 2022:
- Cambodia (3.7K tons)
- Indonesia (2.7K tons)
- Lao People's Democratic Republic (2.5K tons)
- Malaysia (0.4K tons)
- Philippines (0.2K tons)
This report provides an in-depth analysis of the sulphates market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134157 - Sulphates (excluding those of aluminium and barium)
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...