Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam - 2022
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (CIF) - 2022
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (FOB) - 2022
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (CIF) - 2022
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,857 per ton in 2022, jumping by 54% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by +71.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($2,857 per ton) and Japan ($2,857 per ton), while the price for Singapore ($2,857 per ton) and Thailand ($2,857 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (FOB) - 2022
In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,556 per ton, picking up by 44% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,556 per ton), while the average price for exports to Canada totaled $2,556 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.2%).
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam
In 2022, approx. 7K tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were imported into Vietnam; declining by -42% compared with 2021 figures. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 12K tons, and then reduced dramatically in the following year.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s fell to $20M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of $22M, and then declined in the following year.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.7 | 9.2 | 13.3 | 8.8 | -3.2% |
| China | 4.0 | 4.2 | 5.5 | 6.9 | 19.9% |
| Japan | 0.7 | 0.6 | 0.6 | 0.8 | 4.6% |
| Singapore | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Germany | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| Australia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Italy | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Malaysia | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
| South Korea | 0.4 | 0.4 | 0.2 | 0.2 | -20.6% |
| Others | 0.6 | 0.6 | 0.7 | 1.0 | 18.6% |
| Total | 17.0 | 16.8 | 22.4 | 20.0 | 5.6% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Vietnam in 2022:
- Thailand (3077.9 tons)
- China (2414.1 tons)
- Japan (269.0 tons)
- Germany (256.9 tons)
- Singapore (230.2 tons)
- Italy (113.1 tons)
- Australia (107.2 tons)
- Malaysia (105.9 tons)
- South Korea (82.1 tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam
In 2022, approx. 4.2K tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were exported from Vietnam; reducing by -47.4% on the previous year. Overall, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 49%.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s contracted markedly to $11M in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.3 | 2.1 | 4.8 | 8.4 | -11.9% |
| Canada | 2.6 | 8.3 | 9.4 | 2.3 | -4.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 15.0 | 10.3 | 14.2 | 10.7 | -10.6% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Vietnam in 2022:
- Japan (3.3K tons)
- Canada (0.9K tons)
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