Price for Lecithins and Other Phosphoaminolipids in Vietnam - 2022

Contents:

  1. Price for Lecithins and Other Phosphoaminolipids in Vietnam (CIF) - 2022
  2. Price for Lecithins and Other Phosphoaminolipids in Vietnam (FOB) - 2022
  3. Imports of Lecithins and Other Phosphoaminolipids in Vietnam
  4. Exports of Lecithins and Other Phosphoaminolipids in Vietnam

Price for Lecithins and Other Phosphoaminolipids in Vietnam (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $3,324 per ton, increasing by 80% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($3,324 per ton) and India ($3,324 per ton), while the price for Thailand ($3,324 per ton) and Brazil ($3,324 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Vietnam (FOB) - 2022

In 2022, the average lecithins and other phosphoaminolipids export price amounted to $2,850 per ton, picking up by 2.8% against the previous year. In general, export price indicated a strong expansion from 2015 to 2022: its price increased at an average annual rate of +7.8% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lecithins and other phosphoaminolipids export price increased by +69.6% against 2015 indices. The growth pace was the most rapid in 2018 when the average export price increased by 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Cambodia.

From 2015 to 2022, the rate of growth in terms of prices for Cambodia amounted to +7.8% per year.

Imports of Lecithins and Other Phosphoaminolipids in Vietnam

In 2022, after three years of growth, there was significant decline in purchases abroad of lecithins and other phosphoaminolipidses, when their volume decreased by -28.9% to 13K tons. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.

In value terms, lecithins and other phosphoaminolipids imports soared to $45M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lecithins and Other Phosphoaminolipids in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.614.710.727.723.8%
Argentina1.44.18.85.355.9%
Brazil2.73.34.13.711.1%
Taiwan (Chinese)5.34.73.42.3-24.3%
United States1.51.61.31.2-7.2%
Thailand0.61.82.81.226.0%
India1.80.52.01.1-15.1%
South Korea0.70.80.61.012.6%
Israel0.70.60.60.6-5.0%
Others0.40.50.60.57.7%
Total29.732.634.844.614.5%

Top Suppliers of Lecithins and Other Phosphoaminolipids to Vietnam in 2022:

  1. China (8.3K tons)
  2. Argentina (1.6K tons)
  3. Brazil (1.1K tons)
  4. Taiwan (Chinese) (0.7K tons)
  5. United States (0.4K tons)
  6. Thailand (0.4K tons)
  7. India (0.3K tons)
  8. South Korea (0.3K tons)
  9. Israel (0.2K tons)

Exports of Lecithins and Other Phosphoaminolipids in Vietnam

In 2022, approx. 23 tons of lecithins and other phosphoaminolipidses were exported from Vietnam; dropping by -25.2% on the previous year. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

In value terms, lecithins and other phosphoaminolipids exports shrank significantly to $64K in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.

Export of Lecithins and Other Phosphoaminolipids in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia88.269.982.164.2-10.0%
OthersN/AN/A1.4N/A0%
Total88.269.983.564.2-10.0%

Top Export Markets for Lecithins and Other Phosphoaminolipids from Vietnam in 2022:

  1. Cambodia (22.5 tons)

Source: IndexBox Market Intelligence Platform

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