Price for Silicates; Commercial Alkali Metal Silicates in Vietnam - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Vietnam (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Vietnam (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Vietnam
- Exports of Silicates; Commercial Alkali Metal Silicates in Vietnam
Price for Silicates; Commercial Alkali Metal Silicates in Vietnam (CIF) - 2022
The average import price for silicates; commercial alkali metal silicateses stood at $1,104 per ton in December 2022, falling by -4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in January 2022 an increase of 60% against the previous month. Over the period under review, average import prices hit record highs at $1,390 per ton in August 2022; however, from September 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($1,544 per ton), while the price for Malaysia ($561 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Vietnam (FOB) - 2022
In December 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $671 per ton, shrinking by -28.1% against the previous month. In general, the export price, however, posted temperate growth. The pace of growth was the most pronounced in April 2022 when the average export price increased by 104% m-o-m. The export price peaked at $1,647 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Taiwan (Chinese) ($2,194 per ton), while the average price for exports to Japan ($556 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates in Vietnam
In 2022, supplies from abroad of silicates; commercial alkali metal silicateses was finally on the rise to reach 8.5K tons after two years of decline. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, silicates; commercial alkali metal silicates imports stood at $7.8M in 2022. Overall, imports, however, recorded a deep setback.
| Import of Silicates; Commercial Alkali Metal Silicates in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 7.8 | 0% |
| South Korea | 0.6 | 0.5 | 0.4 | N/A | -18.4% |
| Thailand | 0.6 | 0.1 | N/A | N/A | -83.3% |
| China | 6.7 | 4.7 | 4.6 | N/A | -17.1% |
| Malaysia | 0.5 | 0.6 | 0.1 | N/A | -55.3% |
| Japan | 2.8 | 0.8 | 0.7 | N/A | -50.0% |
| Indonesia | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Taiwan (Chinese) | 0.7 | 0.5 | 0.3 | N/A | -34.5% |
| Others | 1.2 | 1.1 | 0.6 | N/A | -29.3% |
| Total | 13.4 | 8.5 | 7.1 | 7.8 | -16.5% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Vietnam in 2022:
- United Arab Emirates (8.5K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Vietnam
Silicates; commercial alkali metal silicates exports from Vietnam reduced markedly to 2.4K tons in 2022, shrinking by -34.7% on 2021. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,061% against the previous year. As a result, the exports attained the peak of 3.7K tons, and then dropped notably in the following year.
In value terms, silicates; commercial alkali metal silicates exports contracted markedly to $1.6M in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 542% against the previous year. As a result, the exports reached the peak of $2.8M, and then dropped remarkably in the following year.
| Export of Silicates; Commercial Alkali Metal Silicates in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.7 | 0.1 | 909 | 770 | 303.7% |
| Philippines | 41.4 | 44.5 | 337 | 463 | 123.6% |
| China | 19.4 | 0.5 | 200 | 280 | 143.5% |
| Switzerland | N/A | N/A | 160 | N/A | 0% |
| Malaysia | 243 | 216 | 14.6 | N/A | -75.5% |
| Myanmar | 341 | 34.5 | N/A | N/A | -89.9% |
| Others | 46.0 | 138 | 1,163 | 95.9 | 27.7% |
| Total | 702 | 434 | 2,784 | 1,609 | 31.8% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Vietnam in 2022:
- South Korea (1552.5 tons)
- Philippines (761.0 tons)
- China (97.5 tons)
317
This report provides an in-depth analysis of the silicates market in Vietnam.
290
This report provides an in-depth analysis of the market for continuous-action elevators and conveyors in Vietnam.
236
This report provides an in-depth analysis of the market for roller conveyors for goods or materials in Vietnam.
308
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type in Vietnam.
519
This report provides an in-depth analysis of the global silicates market.
377
This report provides an in-depth analysis of the global market for continuous-action elevators and conveyors.
303
Global Roller Conveyor Market Report 2018. This report provides an in-depth analysis of the global roller conveyor market.
259
This report provides an in-depth analysis of the global market for elevators and conveyors other than pneumatic, belt- or bucket-type.
317
This report provides an in-depth analysis of the silicates market in Vietnam.
519
This report provides an in-depth analysis of the global silicates market.
753
In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
831
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...
155
Explore the top import markets for continuous-action elevators and conveyors worldwide, including the United States, China, Germany, and more. Get valuable insights from IndexBox market intelligence platform.
753
In value terms, commercial alkali metal silicates imports totaled $X in 2016. Overall, commercial alkali metal silicates imports continue to indicate a relatively flat trend pattern. In that year, ...
831
In value terms, commercial alkali metal silicates exports stood at $X in 2016. Overall, commercial alkali metal silicates exports continue to indicate a relatively flat trend pattern. Global commer...
