Vietnam - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in the Solid Form in Vietnam - 2022
Contents:
- Price for Caustic Soda in the Solid Form in Vietnam (CIF) - 2022
- Price for Caustic Soda in the Solid Form in Vietnam (FOB) - 2022
- Imports of Caustic Soda in the Solid Form in Vietnam
- Exports of Caustic Soda in the Solid Form in Vietnam
Price for Caustic Soda in the Solid Form in Vietnam (CIF) - 2022
The average import price for caustic soda in the solid form stood at $419 per ton in 2022, leveling off at the previous year. In general, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15%. As a result, import price attained the peak level of $668 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($421 per ton) and Thailand ($421 per ton), while the price for Bangladesh ($391 per ton) and India ($417 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-3.1%), while the prices for the other major suppliers experienced a decline.
Price for Caustic Soda in the Solid Form in Vietnam (FOB) - 2022
The average export price for caustic soda in the solid form stood at $855 per ton in 2022, growing by 39% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for caustic soda in the solid form increased by +41.5% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 39%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lao People's Democratic Republic ($855 per ton) and Hong Kong SAR ($855 per ton), while the average price for exports to South Korea ($855 per ton) and Cambodia ($855 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 South Korea (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Caustic Soda in the Solid Form in Vietnam
In 2022, approx. 162K tons of caustic soda in the solid form were imported into Vietnam; rising by 95% on the previous year's figure. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of caustic soda in the solid form skyrocketed to $68M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Caustic Soda in the Solid Form in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.1 | 22.2 | 19.1 | 39.2 | 17.6% |
| Taiwan (Chinese) | 5.2 | 4.5 | 7.9 | 16.8 | 47.8% |
| India | 5.6 | 3.9 | 3.9 | 6.4 | 4.6% |
| Bangladesh | 0.3 | N/A | 2.0 | 2.8 | 110.5% |
| Japan | 0.8 | 0.5 | 0.4 | 1.1 | 11.2% |
| Thailand | 0.6 | 0.6 | 0.9 | 1.1 | 22.4% |
| Others | 1.2 | 0.4 | 0.9 | 0.4 | -30.7% |
| Total | 37.8 | 32.2 | 35.0 | 67.9 | 21.6% |
Top Suppliers of Caustic Soda in the Solid Form to Vietnam in 2022:
- China (93.2K tons)
- Taiwan (Chinese) (39.9K tons)
- India (15.4K tons)
- Bangladesh (7.2K tons)
- Japan (2.7K tons)
- Thailand (2.7K tons)
Exports of Caustic Soda in the Solid Form in Vietnam
In 2022, the amount of caustic soda in the solid form exported from Vietnam skyrocketed to 744 tons, growing by 125% on 2021 figures. Overall, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of caustic soda in the solid form soared to $636K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Caustic Soda in the Solid Form in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 101 | 10.2 | 54.6 | 398 | 58.0% |
| Hong Kong SAR | N/A | N/A | 33.4 | 104 | 211.4% |
| Lao People's Democratic Republic | 199 | 86.7 | 110 | 97.5 | -21.2% |
| Germany | N/A | N/A | N/A | 26.4 | 0% |
| South Korea | N/A | N/A | 5.7 | 10.2 | 78.9% |
| Others | 9.6 | N/A | N/A | N/A | 0% |
| Total | 310 | 97.0 | 204 | 636 | 27.1% |
Top Export Markets for Caustic Soda in the Solid Form from Vietnam in 2022:
- Cambodia (466.0 tons)
- Hong Kong SAR (121.3 tons)
- Lao People's Democratic Republic (114.1 tons)
- Germany (30.9 tons)
- South Korea (11.9 tons)
This report provides an in-depth analysis of the market for caustic soda in the solid form 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 20132525 - Sodium hydroxide (caustic soda), solid
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
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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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