Vietnam: Chalk And Dolomite Market 2024

Chalk And Dolomite Market Size in Vietnam

The Vietnamese chalk and dolomite market fell to $X in 2023, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Chalk And Dolomite Production in Vietnam

In value terms, chalk and dolomite production declined to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Chalk And Dolomite Exports

Exports from Vietnam

In 2023, exports of chalk and dolomite from Vietnam skyrocketed to X tons, increasing by X% on 2022. Overall, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, chalk and dolomite exports soared to $X in 2023. Over the period under review, exports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for chalk and dolomite exports from Vietnam, with a X% share of total exports. Moreover, chalk and dolomite exports to Indonesia exceeded the volume sent to the second major destination, Bangladesh (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for chalk and dolomite exported from Vietnam were Indonesia ($X), Bangladesh ($X) and India ($X), with a combined X% share of total exports. Taiwan (Chinese), Japan, Malaysia and South Korea lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chalk and dolomite export price stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chalk And Dolomite Imports

Imports into Vietnam

In 2023, purchases abroad of chalk and dolomite decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2022, and then declined in the following year.

In value terms, chalk and dolomite imports rose to $X in 2023. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) was the main supplier of chalk and dolomite to Vietnam, with a X% share of total imports. It was followed by Norway (X tons), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of chalk and dolomite to Vietnam, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average chalk and dolomite import price stood at $X per ton in 2023, rising by X% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Norway stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform