Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam - 2022

Contents:

1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam (CIF) - 2022
2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam (FOB) - 2022
3. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam
4. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam (CIF) - 2022

The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $11,551 per ton in December 2022, which is down by -2% against the previous month. In general, import price indicated a buoyant increase from December 2021 to December 2022: its price increased at an average monthly rate of +5.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, import price for carboxyamide-function compounds; amide-function compounds of carbonic acids increased by +42.6% against October 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 65% m-o-m. Over the period under review, average import prices attained the maximum at $11,787 per ton in November 2022, and then shrank modestly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($10,371 per ton), while the price for Italy ($5,895 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 China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam (FOB) - 2022

In 2022, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $4,543 per ton, reducing by -5.6% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2019 an increase of 71%. Over the period under review, the average export prices hit record highs at $38,349 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cambodia ($4,575 per ton) and Malaysia ($4,573 per ton), while the average price for exports to Indonesia ($4,570 per ton) and Myanmar ($4,571 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam

In 2022, approx. 13K tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were imported into Vietnam; waning by -17.6% compared with 2021 figures. Over the period under review, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of 16K tons, and then declined significantly in the following year.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids skyrocketed to $111M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to Vietnam in 2022:

1. China (10.4K tons)
2. Malaysia (0.4K tons)
3. Italy (0.3K tons)
4. India (0.3K tons)
5. South Korea (0.3K tons)
6. United States (0.2K tons)
7. Japan (0.2K tons)
8. Saudi Arabia (0.1K tons)

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Vietnam

In 2022, overseas shipments of carboxyamide-function compounds; amide-function compounds of carbonic acids were finally on the rise to reach 38 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a slight reduction.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids soared to $173K in 2022. Overall, exports, however, saw a abrupt downturn.

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from Vietnam in 2022:

1. United States (21.4 tons)
2. Myanmar (10.2 tons)
3. China (2.2 tons)
4. Malaysia (1.9 tons)
5. United Arab Emirates (0.9 tons)
6. Cambodia (0.6 tons)
7. Indonesia (0.3 tons)

Source: IndexBox Market Intelligence Platform