Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam - 2022

Contents:

  1. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (CIF) - 2022
  2. Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (FOB) - 2022
  3. Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam
  4. Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (CIF) - 2022

The average import price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses stood at $18,409 per ton in December 2022, with an increase of 35% against the previous month. In general, the import price saw resilient growth. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 345% month-to-month. As a result, import price attained the peak level of $25,603 per ton. From September 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($55,970 per ton), while the price for Russia ($2,773 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 (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (FOB) - 2022

In 2022, the average export price for heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $6,028 per ton, increasing by 3.3% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $14,361 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($11,017 per ton), while the average price for exports to China ($5,520 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 Indonesia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam

For the fourth consecutive year, Vietnam recorded growth in purchases abroad of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses, which increased by 1.9% to 73K tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.9% 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 increased by +90.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses amounted to $272M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 increased by +52.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.981.112011518.6%
Russia26.417.430.833.78.5%
Thailand38.219.328.825.7-12.4%
Japan5.18.320.122.463.8%
Others52.252.068.875.212.9%
Total19117826827212.5%

Top Suppliers of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts to Vietnam in 2022:

  1. China (39.2K tons)
  2. Russia (12.1K tons)
  3. Japan (9.2K tons)
  4. Thailand (9.1K tons)

Exports of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam

In 2022, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses from Vietnam skyrocketed to 257 tons, rising by 133% on the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of heterocyclic compounds with nitrogen hetero-atom(s) only; nucleic acids and their saltses soared to $1.5M in 2022. Overall, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2572074001,10562.6%
Japan47.857.07.018857.8%
India58.416524.510421.2%
Cambodia15.336.310557.355.3%
Singapore39.738.730.7N/A-12.1%
Taiwan (Chinese)29774.451.4N/A-58.4%
Australia196N/AN/AN/A0%
Others27.814126.595.951.1%
Total9397196451,55018.2%

Top Export Markets for Heterocyclic Compounds with Nitrogen Hetero-Atom(S) Only; Nucleic Acids and Their Salts from Vietnam in 2022:

  1. China (200.1 tons)
  2. Japan (30.6 tons)
  3. India (9.8 tons)
  4. Cambodia (7.5 tons)

Source: IndexBox Market Intelligence Platform

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