Vietnam - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in Vietnam - 2022
Contents:
- Bentonite Price in Vietnam (CIF) - 2022
- Bentonite Price in Vietnam (FOB) - 2022
- Bentonite Imports in Vietnam
- Bentonite Exports in Vietnam
Bentonite Price in Vietnam (CIF) - 2022
In 2022, the average bentonite import price amounted to $244 per ton, falling by -23.6% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bentonite import price increased by +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 82% against the previous year. As a result, import price attained the peak level of $319 per ton, and then contracted remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($654 per ton), while the price for India ($51 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced a decline.
Bentonite Price in Vietnam (FOB) - 2022
In 2022, the average bentonite export price amounted to $228 per ton, shrinking by -5.9% against the previous year. Overall, the export price, however, continues to indicate a perceptible increase. The growth pace was the most rapid in 2016 when the average export price increased by 137%. As a result, the export price attained the peak level of $347 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($232 per ton), while the average price for exports to Singapore stood at $32 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+55.8%), while the prices for the other major destinations experienced a decline.
Bentonite Imports in Vietnam
Bentonite imports into Vietnam expanded rapidly to 64K tons in 2022, growing by 5.2% on the previous year. The total import volume increased at an average annual rate of +10.2% 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 imports increased by 40%. As a result, imports attained the peak of 67K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, bentonite imports declined dramatically to $16M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 65%. As a result, imports reached the peak of $19M, and then reduced sharply in the following year.
Import of Bentonite in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.9 | 4.9 | 12.7 | 11.1 | 80.1% |
India | 1.8 | 2.5 | 1.7 | 1.9 | 1.8% |
United States | 1.4 | 1.5 | 1.8 | 0.9 | -13.7% |
South Korea | 0.4 | 0.5 | 0.8 | 0.5 | 7.7% |
Turkey | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Australia | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
Others | 1.5 | 2.0 | 2.0 | 0.9 | -15.7% |
Total | 7.7 | 11.8 | 19.5 | 15.6 | 26.5% |
Top Suppliers of Bentonite to Vietnam in 2022:
- India (36.7K tons)
- China (18.9K tons)
- South Korea (2.7K tons)
- United States (1.4K tons)
- Turkey (1.2K tons)
- Australia (0.9K tons)
Bentonite Exports in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of bentonite, when their volume decreased by -24.8% to 500 tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 170% against the previous year.
In value terms, bentonite exports fell markedly to $114K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, the exports reached the peak of $161K, and then contracted dramatically in the following year.
Export of Bentonite in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | 4.0 | N/A | 113 | 431.5% |
Singapore | N/A | 3.9 | 25.4 | 0.1 | -84.0% |
Malaysia | N/A | 13.2 | N/A | N/A | 0% |
Cambodia | 22.1 | 28.3 | 74.8 | N/A | 84.0% |
Lao People's Democratic Republic | 0.3 | 13.4 | 6.0 | N/A | 347.2% |
Others | 6.9 | 4.0 | 55.2 | 1.4 | -41.2% |
Total | 29.4 | 66.8 | 161 | 114 | 57.1% |
Top Export Markets for Bentonite from Vietnam in 2022:
- Brazil (485.8 tons)
- Singapore (1.6 tons)
This report provides an in-depth analysis of the bentonite 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:
- Prodcom 08122210 - Bentonite
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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