Price for Salts of Oxometallic or Peroxometallic Acids in Vietnam - 2022

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Vietnam (FOB) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Vietnam (CIF) - 2022
3. Exports of Salts of Oxometallic or Peroxometallic Acids in Vietnam
4. Imports of Salts of Oxometallic or Peroxometallic Acids in Vietnam

Price for Salts of Oxometallic or Peroxometallic Acids in Vietnam (FOB) - 2022

In December 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $25,512 per ton, remaining stable against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in January 2022 when the average export price increased by 61% m-o-m. As a result, the export price attained the peak level of $31,569 per ton. From February 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 external markets. In December 2022, the country with the highest price was the Netherlands ($29,194 per ton), while the average price for exports to Japan ($18,543 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 China (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Salts of Oxometallic or Peroxometallic Acids in Vietnam (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $15,906 per ton in December 2022, surging by 5.1% against the previous month. In general, the import price posted a buoyant increase. The pace of growth was the most pronounced in September 2022 when the average import price increased by 412% against the previous month. As a result, import price attained the peak level of $43,121 per ton. From October 2022 to December 2022, the average import prices failed to regain momentum.

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) ($14,069 per ton), while the price for the United States ($2,246 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 South Korea (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Salts of Oxometallic or Peroxometallic Acids in Vietnam

After three years of growth, overseas shipments of salts of oxometallic or peroxometallic acidses decreased by -2.5% to 3.1K tons in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.6% 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 +93.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year.

In value terms, exports of salts of oxometallic or peroxometallic acidses expanded rapidly to $74M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +72.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 59%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Vietnam in 2022:

1. Germany (916.9 tons)
2. China (562.4 tons)
3. Netherlands (518.1 tons)
4. Japan (415.2 tons)
5. United States (328.0 tons)
6. South Korea (284.4 tons)
7. Bangladesh (47.2 tons)

Imports of Salts of Oxometallic or Peroxometallic Acids in Vietnam

In 2022, approx. 4.6K tons of salts of oxometallic or peroxometallic acidses were imported into Vietnam; picking up by 25% compared with 2021 figures. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of salts of oxometallic or peroxometallic acidses skyrocketed to $41M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 99%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Vietnam in 2022:

1. China (2424.6 tons)
2. India (1449.1 tons)
3. Taiwan (Chinese) (185.8 tons)
4. Japan (147.4 tons)
5. Austria (140.5 tons)
6. South Korea (86.5 tons)

Source: IndexBox Market Intelligence Platform