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Latest Report Update: Jan 18, 2020

Vietnam - Salt - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Salt Market Overview 2020

Salt Market Size in Vietnam

The revenue of the salt market in Viet Nam amounted to $X in 2018, waning by -X% against the previous year. Overall, salt consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. In that year, the salt market attained its peak level of $X. From 2011 to 2018, the growth of the salt market remained at a somewhat lower figure.

Salt Production in Vietnam

In value terms, salt production amounted to $X in 2018 estimated in export prices. In general, salt production continues to indicate a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. In that year, salt production attained its peak level and is likely to continue its growth in the immediate term.

Salt Exports

Exports from Vietnam

In 2018, the salt exports from Viet Nam stood at X tonnes, waning by -X% against the previous year. In general, salt exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, salt exports reached their peak figure at X tonnes in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, salt exports totaled $X in 2018. In general, salt exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, salt exports attained their peak of $X. From 2012 to 2018, the growth of salt exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for salt exports from Viet Nam, accounting for a X% share of total exports. Moreover, salt exports to the U.S. exceeded the volume sent to the second major destination, Japan (X tonnes), ninefold. Australia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Australia (-X% per year).

In value terms, the U.S. ($X), Canada ($X) and Japan ($X) were the largest markets for salt exported from Viet Nam worldwide, with a combined X% share of total exports.

Among the main countries of destination, Canada experienced the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average salt export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the salt export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to Cambodia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Vietnam

In 2018, the salt imports into Viet Nam stood at X tonnes, leveling off at the previous year. Overall, salt imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, salt imports attained their peak of X tonnes, leveling off in the following year.

In value terms, salt imports totaled $X in 2018. Over the period under review, salt imports, however, continue to indicate remarkable growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, salt imports attained their maximum at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

India (X tonnes), China (X tonnes) and France (X tonnes) were the main suppliers of salt imports to Viet Nam, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest salt suppliers to Viet Nam were India ($X), China ($X) and France ($X), together comprising X% of total imports.

France (+X% per year) experienced the highest rates of growth with regard to market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average salt import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the salt import price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. In that year, the average import prices for salt and pure sodium chloride reached their peak level of $X per tonne. From 2011 to 2018, the growth in terms of the average import prices for salt and pure sodium chloride remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 08931000 - Salt (including denatured salt but excluding salt suitable for human consumption) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents
• Prodcom 10843000 - Salt suitable for human consumption

This report provides an in-depth analysis of the salt market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Viet Nam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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