Price for Iodides and Iodide Oxides in Vietnam - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Vietnam (FOB) - 2022
  2. Price for Iodides and Iodide Oxides in Vietnam (CIF) - 2022
  3. Exports of Iodides and Iodide Oxides in Vietnam
  4. Imports of Iodides and Iodide Oxides in Vietnam

Price for Iodides and Iodide Oxides in Vietnam (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $30,225 per ton, shrinking by -17.9% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 95%. As a result, the export price reached the peak level of $36,797 per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($37,990 per ton), while the average price for exports to France ($19,249 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 Lithuania (+97.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Vietnam (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $36,019 per ton, growing by 12% against the previous year. In general, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. Over the period under review, average import prices reached the peak figure at $52,870 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($61,646 per ton), while the price for Germany ($19,717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Iodides and Iodide Oxides in Vietnam

After three years of growth, shipments abroad of iodides and iodide oxideses decreased by -21.3% to 45 tons in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 80% against the previous year.

In value terms, iodides and iodide oxides exports shrank sharply to $1.3M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 242%. As a result, the exports attained the peak of $2.1M, and then contracted rapidly in the following year.

Export of Iodides and Iodide Oxides in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain26621644748922.5%
BelgiumN/AN/A211172-18.5%
Pakistan56.211312611828.1%
ItalyN/AN/A170100-41.2%
Indonesia13.067.810799.997.3%
JordanN/AN/A17.589.4410.9%
Australia11.836.110984.792.9%
FranceN/AN/A24477.5-68.2%
United KingdomN/AN/A36.649.334.7%
NetherlandsN/A29.752.54.8-59.8%
RussiaN/A56.2328N/A483.6%
BelarusN/AN/A100N/A0%
LithuaniaN/A91.992.1N/A0.2%
OthersN/AN/A48.064.033.3%
Total3476112,0881,34957.2%

Top Export Markets for Iodides and Iodide Oxides from Vietnam in 2022:

  1. Spain (12.9 tons)
  2. Belgium (5.1 tons)
  3. Pakistan (5.0 tons)
  4. Indonesia (4.2 tons)
  5. Italy (4.0 tons)
  6. France (4.0 tons)
  7. Australia (2.7 tons)
  8. Jordan (2.6 tons)
  9. United Kingdom (2.2 tons)
  10. Netherlands (0.4 tons)

Imports of Iodides and Iodide Oxides in Vietnam

In 2022, iodides and iodide oxides imports into Vietnam dropped significantly to 28 tons, which is down by -32.9% against 2021 figures. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. As a result, imports reached the peak of 42 tons, and then dropped sharply in the following year.

In value terms, iodides and iodide oxides imports contracted notably to $1M in 2022. In general, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $1.4M, and then shrank dramatically in the following year.

Import of Iodides and Iodide Oxides in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6364421,0397907.5%
Japan14.414.073.686.081.4%
Germany67.983.813353.3-7.8%
China96.226.226.124.2-36.9%
Chile44.630.417.56.8-46.6%
Others11080.569.357.5-19.4%
Total9696771,3591,0181.7%

Top Suppliers of Iodides and Iodide Oxides to Vietnam in 2022:

  1. India (19.7 tons)
  2. Japan (3.9 tons)
  3. Germany (2.7 tons)
  4. China (0.5 tons)
  5. Chile (0.2 tons)

Source: IndexBox Market Intelligence Platform

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