Sulphates; of Nickel Price in Vietnam - 2022
Contents:
- Sulphates; of Nickel Price in Vietnam (CIF) - 2022
- Sulphates; of Nickel Price in Vietnam (FOB) - 2022
- Sulphates; of Nickel Imports in Vietnam
- Sulphates; of Nickel Exports in Vietnam
Sulphates; of Nickel Price in Vietnam (CIF) - 2022
The average sulphates; of nickel import price stood at $3,728 per ton in 2022, dropping by -7.5% against the previous year. Over the period under review, the import price saw a mild downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 21%. Over the period under review, average import prices attained the maximum at $4,744 per ton in 2014; however, from 2015 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 Germany ($5,296 per ton), while the price for Thailand ($3,040 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Price in Vietnam (FOB) - 2022
The average sulphates; of nickel export price stood at $670 per ton in 2022, with a decrease of -33% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of 200%. Over the period under review, the average export prices reached the peak figure at $2,479 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($670 per ton), while the average price for exports to Singapore ($670 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 South Korea (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Nickel Imports in Vietnam
In 2022, approx. 2K tons of sulphates; of nickels were imported into Vietnam; picking up by 29% compared with the year before. In general, imports, however, recorded a slight reduction.
In value terms, sulphates; of nickel imports surged to $7.4M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.
| Import of Sulphates; of Nickel in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.2 | 2.2 | 2.8 | 2.5% |
| South Korea | 1.2 | 1.8 | 1.2 | 1.4 | 5.3% |
| Taiwan (Chinese) | 1.7 | 1.7 | 1.2 | 1.3 | -8.6% |
| Japan | 0.6 | 0.7 | 0.6 | 0.6 | 0.0% |
| Singapore | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Germany | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Thailand | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Others | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Total | 7.2 | 8.5 | 6.2 | 7.4 | 0.9% |
Top Suppliers of Sulphates; of Nickel to Vietnam in 2022:
- China (769.4 tons)
- Taiwan (Chinese) (389.7 tons)
- South Korea (377.4 tons)
- Japan (139.8 tons)
- Singapore (80.1 tons)
- Thailand (63.6 tons)
- Germany (46.3 tons)
Sulphates; of Nickel Exports in Vietnam
In 2022, shipments abroad of sulphates; of nickels increased by 673% to 12 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic curtailment.
In value terms, sulphates; of nickel exports soared to $8.3K in 2022. In general, exports, however, faced a significant decline.
| Export of Sulphates; of Nickel in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 16.2 | 6.2 | 0.8 | 3.5 | -40.0% |
| Singapore | 18.6 | 6.5 | 0.8 | 3.2 | -44.4% |
| South Korea | 21.8 | 2.2 | N/A | 1.5 | -59.0% |
| Indonesia | 4.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.5 | 14.9 | 1.6 | 8.3 | -48.7% |
Top Export Markets for Sulphates; of Nickel from Vietnam in 2022:
- Cambodia (5.2 tons)
- Singapore (4.8 tons)
- South Korea (2.3 tons)
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