Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $305 per ton, picking up by 7.5% against the previous year. Overall, the export price, however, saw a mild contraction. The growth pace was the most rapid in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $471 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cambodia.
From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +0.9% per year.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $363 per ton in 2022, surging by 81% against the previous year. In general, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices hit record highs at $539 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -3.3% per year.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam
In 2022, exports of fertilizers, mineral or chemical from Vietnam contracted dramatically to 47K tons, waning by -38.4% against 2021. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,772%. As a result, the exports reached the peak of 76K tons, and then reduced sharply in the following year.
In value terms, exports of fertilizers, mineral or chemical fell remarkably to $14M in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 4,153%. As a result, the exports reached the peak of $22M, and then fell significantly in the following year.
Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 1.0 | 0.5 | 21.4 | 14.4 | 143.3% |
Others | N/A | N/A | 0.3 | N/A | 0% |
Total | 1.0 | 0.5 | 21.7 | 14.4 | 143.3% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Vietnam in 2022:
- Cambodia (47.1K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam
In 2022, overseas purchases of fertilizers, mineral or chemical decreased by -53.8% to 6.3K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 85%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fertilizers, mineral or chemical dropped notably to $2.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 64%. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.4 | 2.2 | N/A | 2.3 | 79.2% |
Spain | N/A | 0.6 | N/A | N/A | 0% |
South Korea | N/A | N/A | 2.4 | N/A | 0% |
China | N/A | N/A | 0.3 | N/A | 0% |
Malaysia | 1.4 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 0.1 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.8 | 2.9 | 2.8 | 2.3 | 8.5% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Vietnam in 2022:
- United States (6.3K tons)
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