Price for Ammonia; Anhydrous or in Aqueous Solution in Vietnam - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Vietnam (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Vietnam (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Vietnam
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Vietnam
Price for Ammonia; Anhydrous or in Aqueous Solution in Vietnam (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $713 per ton in 2022, with an increase of 50% against the previous year. Overall, the import price recorded a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,006 per ton), while the price for Malaysia ($384 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Ammonia; Anhydrous or in Aqueous Solution in Vietnam (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $1,160 per ton, surging by 21% against the previous year. In general, the export price recorded modest growth. The growth pace was the most rapid in 2019 an increase of 50% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($1,248 per ton), while the average price for exports to Israel ($626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Vietnam
In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Vietnam declined dramatically to 122K tons, waning by -21.9% against the year before. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of 156K tons, and then shrank rapidly in the following year.
In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $87M in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 20.0 | 16.0 | 56.4 | 57.4 | 42.1% |
| China | 2.3 | 2.2 | 2.6 | 23.4 | 116.7% |
| Malaysia | 23.1 | 17.6 | 15.1 | 6.0 | -36.2% |
| Others | 0.7 | 0.8 | 0.4 | 0.2 | -34.1% |
| Total | 46.1 | 36.7 | 74.6 | 87.0 | 23.6% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Vietnam in 2022:
- Indonesia (57.1K tons)
- China (48.8K tons)
- Malaysia (15.6K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Vietnam
In 2022, exports of ammonia; anhydrous or in aqueous solutia from Vietnam contracted significantly to 465 tons, with a decrease of -32.8% on 2021 figures. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 234% against the previous year. As a result, the exports reached the peak of 691 tons, and then fell markedly in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia plummeted to $539K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. As a result, the exports reached the peak of $664K, and then shrank dramatically in the following year.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 57.5 | 136 | 553 | 468 | 101.2% |
| Lao People's Democratic Republic | 39.9 | 30.8 | 81.9 | 49.3 | 7.3% |
| Israel | 20.2 | 23.8 | 29.3 | 21.1 | 1.5% |
| Philippines | 163 | N/A | N/A | N/A | 0% |
| Others | N/A | 3.0 | N/A | N/A | 0% |
| Total | 281 | 194 | 664 | 539 | 24.2% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Vietnam in 2022:
- Cambodia (375.4 tons)
- Lao People's Democratic Republic (55.4 tons)
- Israel (33.8 tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Vietnam.
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Vietnam.
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