Price for Chlorates; Other than Sodium in Vietnam - 2022
Contents:
- Price for Chlorates; Other than Sodium in Vietnam (CIF) - 2022
- Imports of Chlorates; Other than Sodium in Vietnam
Price for Chlorates; Other than Sodium in Vietnam (CIF) - 2022
The average chlorates; other than sodium import price stood at $1,681 per ton in 2022, rising by 33% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium import price increased by +106.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,675 per ton), while the price for India totaled $1,204 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.8%).
Imports of Chlorates; Other than Sodium in Vietnam
In 2022, overseas purchases of chlorates; other than sodia decreased by -42.6% to 562 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of 3.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, chlorates; other than sodium imports declined rapidly to $945K in 2022. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Chlorates; Other than Sodium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,218 | 2,446 | 1,231 | 926 | -25.3% |
| India | 5.3 | 46.2 | 6.0 | 10.7 | 26.4% |
| Others | 12.3 | 14.6 | 6.0 | 8.1 | -13.0% |
| Total | 2,236 | 2,507 | 1,243 | 945 | -25.0% |
Top Suppliers of Chlorates; Other than Sodium to Vietnam in 2022:
- China (552.8 tons)
- India (8.9 tons)
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This report provides an in-depth analysis of the global market for chlorates, bromates and iodates.
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