Sulphides; of Sodium Price in Vietnam - 2021
Contents:
- Sulphides; of Sodium Price in Vietnam (CIF) - 2022
- Sulphides; of Sodium Price in Vietnam (FOB) - 2022
- Sulphides; of Sodium Imports in Vietnam
- Sulphides; of Sodium Exports in Vietnam
Sulphides; of Sodium Price in Vietnam (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $297 per ton, rising by 2.5% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $716 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($555 per ton), while the price for China ($281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced a decline.
Sulphides; of Sodium Price in Vietnam (FOB) - 2022
The average sulphides; of sodium export price stood at $1,160 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. Over the period under review, the average export prices hit record highs at $1,160 per ton in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($1,175 per ton), while the average price for exports to Lao People's Democratic Republic totaled $767 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+10.8%).
Sulphides; of Sodium Imports in Vietnam
Sulphides; of sodium imports into Vietnam totaled 5K tons in 2022, approximately reflecting the previous year. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 5K tons; afterwards, it flattened through to 2022.
In value terms, sulphides; of sodium imports totaled $1.5M in 2022. Overall, imports, however, saw a relatively flat trend pattern.
| Import of Sulphides; of Sodium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,393 | 1,387 | 1,384 | 1,328 | -1.6% |
| Germany | 42.7 | 28.0 | 24.6 | 71.8 | 18.9% |
| Others | 55.3 | 116 | 35.9 | 88.1 | 16.8% |
| Total | 1,491 | 1,531 | 1,445 | 1,488 | -0.1% |
Top Suppliers of Sulphides; of Sodium to Vietnam in 2022:
- China (4.7K tons)
- Germany (0.1K tons)
Sulphides; of Sodium Exports in Vietnam
After three years of growth, shipments abroad of sulphides; of sodia decreased by -0.2% to 2 tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 0.5% against the previous year. As a result, the exports attained the peak of 2 tons, leveling off in the following year.
In value terms, sulphides; of sodium exports contracted slightly to $2.3K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +46.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year.
| Export of Sulphides; of Sodium in Vietnam (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 1,506 | 2,093 | 2,261 | 2,270 | 14.7% |
| Lao People's Democratic Republic | 78.0 | 85.0 | 71.0 | 56.0 | -10.5% |
| Hong Kong SAR | N/A | 142 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,584 | 2,320 | 2,332 | 2,326 | 13.7% |
Top Export Markets for Sulphides; of Sodium from Vietnam in 2022:
- Cambodia (1.9 tons)
- Lao People's Democratic Republic (0.1 tons)
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