Sulphides; Polysulphides Price in Vietnam - 2022

Contents:

  1. Sulphides; Polysulphides Price in Vietnam (CIF) - 2022
  2. Sulphides; Polysulphides Price in Vietnam (FOB) - 2022
  3. Sulphides; Polysulphides Imports in Vietnam
  4. Sulphides; Polysulphides Exports in Vietnam

Sulphides; Polysulphides Price in Vietnam (CIF) - 2022

The average sulphides; polysulphides import price stood at $1,453 per ton in December 2022, with an increase of 31% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.9%. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 44% against the previous month. The import price peaked in December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($11,833 per ton), while the price for China ($1,258 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 Germany (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; Polysulphides Price in Vietnam (FOB) - 2022

The average sulphides; polysulphides export price stood at $4,796 per ton in 2022, which is down by -11.1% against the previous year. Over the period under review, the export price, however, enjoyed significant growth. The growth pace was the most rapid in 2020 an increase of 98% against the previous year. The export price peaked at $5,395 per ton in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +23.2% per year.

Sulphides; Polysulphides Imports in Vietnam

In 2022, the amount of sulphides; polysulphideses imported into Vietnam fell slightly to 1.4K tons, with a decrease of -2.4% against the previous year's figure. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year.

In value terms, sulphides; polysulphides imports shrank slightly to $1.2M in 2022. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 9.9%.

Import of Sulphides; Polysulphides in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,247899982751-15.6%
India64.552.026.125658.3%
Germany46.638.729.740.7-4.4%
Others124125187123-0.3%
Total1,4821,1151,2251,170-7.6%

Top Suppliers of Sulphides; Polysulphides to Vietnam in 2022:

  1. China (1317.3 tons)
  2. Germany (36.0 tons)
  3. India (27.4 tons)

Sulphides; Polysulphides Exports in Vietnam

After three years of growth, overseas shipments of sulphides; polysulphideses decreased by -8.5% to 10 tons in 2022. The total export volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year.

In value terms, sulphides; polysulphides exports contracted rapidly to $48K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 149% against the previous year.

Export of Sulphides; Polysulphides in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.633.759.448.349.0%
Others0.43.60.30.2-20.6%
Total15.037.359.648.547.9%

Top Export Markets for Sulphides; Polysulphides from Vietnam in 2022:

  1. China (10.1 tons)

Source: IndexBox Market Intelligence Platform

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