Price for Hydrogen, Rare Gases and Other Non-Metals in Vietnam - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Vietnam (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Vietnam (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Vietnam
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Vietnam
Price for Hydrogen, Rare Gases and Other Non-Metals in Vietnam (CIF) - 2022
The average import price for hydrogen, rare gases and other non-metalses stood at $7 per cubic meter in 2022, increasing by 33% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13 per cubic meter), while the price for the UK ($0.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Vietnam (FOB) - 2022
The average export price for hydrogen, rare gases and other non-metalses stood at $4.5 per cubic meter in 2022, picking up by 3.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 36%. The export price peaked at $4.6 per cubic meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5.3 per cubic meter), while the average price for exports to Cambodia ($0.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Vietnam
Imports of hydrogen, rare gases and other non-metalses into Vietnam surged to 106M cubic meters in 2022, rising by 405% compared with the year before. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hydrogen, rare gases and other non-metalses soared to $735M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.8 | 36.3 | 68.1 | 478 | 141.8% |
| Germany | 0.5 | 0.3 | 0.2 | 159 | 582.6% |
| China | 17.5 | 17.4 | 24.8 | 55.7 | 47.1% |
| Malaysia | 0.9 | 0.7 | 7.8 | 18.1 | 171.9% |
| South Korea | 1.2 | 1.6 | 1.3 | 10.4 | 105.4% |
| Singapore | 2.1 | 1.6 | 1.4 | 1.1 | -19.4% |
| Taiwan (Chinese) | 1.1 | 0.7 | 0.6 | 0.3 | -35.2% |
| Others | 3.0 | 2.5 | 5.0 | 12.6 | 61.3% |
| Total | 60.1 | 61.1 | 109 | 735 | 130.4% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Vietnam in 2022:
- United States (36.5M cubic meters)
- Germany (31.0M cubic meters)
- China (25.8M cubic meters)
- South Korea (5.8M cubic meters)
- Malaysia (1.6M cubic meters)
- Singapore (1.1M cubic meters)
- Taiwan (Chinese) (0.4M cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Vietnam
For the fourth consecutive year, Vietnam recorded growth in shipments abroad of hydrogen, rare gases and other non-metalses, which increased by 78% to 160M cubic meters in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hydrogen, rare gases and other non-metalses soared to $714M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 56.0 | 71.4 | 144 | 211 | 55.6% |
| Japan | 68.3 | 60.3 | 96.9 | 177 | 37.4% |
| South Korea | 24.4 | 28.5 | 41.1 | 90.1 | 54.6% |
| Taiwan (Chinese) | 16.9 | 19.8 | 26.4 | 66.0 | 57.5% |
| Italy | 13.7 | 15.5 | 20.7 | 47.4 | 51.2% |
| Poland | 15.8 | 18.1 | 3.8 | 32.7 | 27.4% |
| Cambodia | 0.8 | 0.9 | 2.0 | 3.1 | 57.1% |
| Thailand | 0.7 | 15.8 | 2.4 | 2.6 | 54.9% |
| Others | 46.2 | 37.0 | 50.6 | 84.2 | 22.1% |
| Total | 243 | 267 | 388 | 714 | 43.2% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Vietnam in 2022:
- India (39.5M cubic meters)
- Japan (34.1M cubic meters)
- Taiwan (Chinese) (18.7M cubic meters)
- South Korea (16.9M cubic meters)
- Cambodia (10.3M cubic meters)
- Italy (8.9M cubic meters)
- Poland (6.2M cubic meters)
- Thailand (5.6M cubic meters)
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