Vietnam - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Sulphate Price in Vietnam - 2021
Contents:
- Ammonium Sulphate Price in Vietnam (CIF) - 2021
- Ammonium Sulphate Price in Vietnam (FOB) - 2021
- Ammonium Sulphate Imports in Vietnam
- Ammonium Sulphate Exports in Vietnam
Ammonium Sulphate Price in Vietnam (CIF) - 2021
The average ammonium sulphate import price stood at $370 per ton in December 2021, rising by 31% against the previous month. Overall, the import price saw buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the countries with the highest prices were China ($384 per ton) and Taiwan (Chinese) ($303 per ton), while the price for Thailand ($259 per ton) and Japan ($266 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonium Sulphate Price in Vietnam (FOB) - 2021
The average ammonium sulphate export price stood at $440 per ton in December 2021, which is down by -6.5% against the previous month. Overall, the export price, however, saw a prominent expansion. The growth pace was the most rapid in April 2021 an increase of 109% against the previous month. The export price peaked at $471 per ton in November 2021, and then shrank in the following month.
Average prices varied noticeably for the major export markets. In December 2021, the country with the highest price was Lao People's Democratic Republic ($444 per ton), while the average price for exports to Cambodia totaled $440 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+10.2%).
Ammonium Sulphate Imports in Vietnam
In 2022, overseas purchases of ammonium sulphate decreased by -16.5% to 1.2M tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.0% 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 +22.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 1.4M tons, and then reduced remarkably in the following year.
In value terms, ammonium sulphate imports shrank rapidly to $205M in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of $298M, and then reduced dramatically in the following year.
| Import of Ammonium Sulphate in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.9 | 83.6 | 247 | 170 | 24.1% |
| Japan | 14.3 | 12.8 | 21.5 | 14.8 | 1.2% |
| Taiwan (Chinese) | 11.5 | 7.6 | 20.3 | 13.9 | 6.5% |
| South Korea | 2.3 | 4.7 | 6.0 | 4.1 | 21.3% |
| Thailand | 4.8 | 2.7 | 1.8 | 2.1 | -24.1% |
| Others | 0.1 | 0.3 | 1.5 | 0.1 | 0.0% |
| Total | 122 | 112 | 298 | 205 | 18.9% |
Top Suppliers of Ammonium Sulphate to Vietnam in 2022:
- China (962.9K tons)
- Japan (100.3K tons)
- Taiwan (Chinese) (86.9K tons)
- South Korea (24.2K tons)
- Thailand (20.1K tons)
Ammonium Sulphate Exports in Vietnam
Ammonium sulphate exports from Vietnam soared to 5.8K tons in 2022, picking up by 49% compared with the previous year. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 338% against the previous year. As a result, the exports attained the peak of 7.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ammonium sulphate exports soared to $943K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 310% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Ammonium Sulphate in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 85.1 | 1,004 | 605 | 901 | 119.6% |
| Lao People's Democratic Republic | 50.6 | 249 | 27.8 | 41.4 | -6.5% |
| Myanmar | 170 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 306 | 1,253 | 632 | 943 | 45.5% |
Top Export Markets for Ammonium Sulphate from Vietnam in 2022:
- Cambodia (5.5K tons)
- Lao People's Democratic Republic (0.3K tons)
This report provides an in-depth analysis of the ammonium sulphate market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4002 - Ammonium sulphate
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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