Vietnam: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Vietnam

The Vietnamese phosphorus, arsenic and selenium market contracted rapidly to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a deep setback. The pace of growth was the most pronounced in 2021 when the market value decreased by X% against the previous year. Phosphorus, arsenic and selenium consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Phosphorus, Arsenic And Selenium in Vietnam

In value terms, phosphorus, arsenic and selenium production declined modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports from Vietnam

In 2022, overseas shipments of phosphorus, arsenic and selenium increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphorus, arsenic and selenium exports surged to $X in 2022. Over the period under review, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Japan (X tons) and South Korea (X tons) were the main destinations of phosphorus, arsenic and selenium exports from Vietnam, together accounting for X% of total exports. Taiwan (Chinese), Italy, Poland, the Netherlands, South Africa and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for phosphorus, arsenic and selenium exported from Vietnam were India ($X), Japan ($X) and South Korea ($X), together accounting for X% of total exports. Taiwan (Chinese), Italy, Poland, the Netherlands, South Africa and the United States lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average phosphorus, arsenic and selenium export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphorus, arsenic and selenium export price increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($X per ton) and Japan ($X per ton), while the average price for exports to the United States ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphorus, Arsenic And Selenium

Imports into Vietnam

In 2022, approx. X tons of phosphorus, arsenic and selenium were imported into Vietnam; rising by X% compared with the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Japan (X tons) was the main phosphorus, arsenic and selenium supplier to Vietnam, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

In value terms, Japan ($X) constituted the largest supplier of phosphorus, arsenic and selenium to Vietnam, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

Import Prices by Country

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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