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Report Vietnam - Bismuth - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

Vietnam - Bismuth - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Bismuth Market 2022

Bismuth Market Size in Vietnam

After three years of growth, the Vietnamese bismuth market decreased by -6.3% to $X in 2021. Overall, consumption showed a deep slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Bismuth Production in Vietnam

In value terms, bismuth production soared to $X in 2021 estimated in export price. Over the period under review, production faced a dramatic slump. Bismuth production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Bismuth Exports

Exports from Vietnam

In 2021, overseas shipments of bismuth increased by 143% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 3,845%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, bismuth exports surged to $X in 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 1,292%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X tons) was the main destination for bismuth exports from Vietnam, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lao People's Democratic Republic stood at +117.8%.

In value terms, Lao People's Democratic Republic ($X) also remains the key foreign market for bismuth exports from Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value to Lao People's Democratic Republic totaled +54.2%.

Export Prices by Country

The average bismuth export price stood at $X per ton in 2021, shrinking by -27% against the previous year. Overall, the export price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 2.4%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +16.3% per year.

Bismuth Imports

Imports into Vietnam

In 2021, overseas purchases of bismuth decreased by -8.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 4,715%. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, bismuth imports shrank remarkably to $X in 2021. In general, imports, however, recorded moderate growth. The growth pace was the most rapid in 2018 with an increase of 3,802%. Imports peaked at $X in 2020, and then declined notably in the following year.

Imports by Country

In 2021, the United States (X tons) was the main supplier of bismuth to Vietnam, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of bismuth to Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +2.9%.

Import Prices by Country

In 2021, the average bismuth import price amounted to $X per ton, shrinking by -10.1% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2017 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +2.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest bismuth consuming country worldwide, comprising approx. 49% of total volume. Moreover, bismuth consumption in China exceeded the figures recorded by the second-largest consumer, Vietnam, sixfold. Hong Kong SAR ranked third in terms of total consumption with a 7.8% share.
China constituted the country with the largest volume of bismuth production, accounting for 75% of total volume. Moreover, bismuth production in China exceeded the figures recorded by the second-largest producer, Vietnam, eightfold. The third position in this ranking was occupied by Lao People's Democratic Republic, with a 4.7% share.
In value terms, the United States constituted the largest supplier of bismuth to Vietnam.
In 2021, the average bismuth export price amounted to $15,023 per ton, growing by 31% against the previous year.
In 2021, the average bismuth import price amounted to $11,344 per ton, picking up by 80% against the previous year.

This report provides an in-depth analysis of the bismuth 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.

Product coverage:

    Country coverage:

    • Vietnam

    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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035

    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country, 2012–2024

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, By Product
      11. Average Per Capita Consumption, By Product
      12. Exports and Growth, By Product
      13. Export Prices and Growth, By Product
      14. Production Volume and Growth
      15. Exports and Growth
      16. Export Prices and Growth
      17. Market Size and Growth
      18. Per Capita Consumption
      19. Imports and Growth
      20. Import Prices
      21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country, 2012–2024
      29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country, 2012–2024

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