Report Update Nov 1, 2024

Vietnam - Calcium Ammonium Nitrate (CAN) - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Vietnam

After three years of growth, the Vietnamese calcium ammonium nitrate (CAN) market decreased by -13% to $X in 2021. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.8% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2020, and then reduced in the following year.

Production of Calcium Ammonium Nitrate (CAN) in Vietnam

In value terms, calcium ammonium nitrate (CAN) production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +48.0% against 2017 indices. The growth pace was the most rapid in 2019 with an increase of 25% against the previous year. Calcium ammonium nitrate (CAN) production peaked at $X in 2020, and then contracted in the following year.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Vietnam

In 2021, exports of calcium ammonium nitrate (CAN) from Vietnam fell markedly to X tons, shrinking by -80.9% compared with 2020. In general, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2014 with an increase of 1,097%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports fell significantly to $X in 2021. Overall, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2014 when exports increased by 1,460% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Vietnam, with a approx. 62% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malaysia amounted to -41.5%.

In value terms, Malaysia ($X) also remains the key foreign market for calcium ammonium nitrate (CAN) exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled -44.2%.

Export Prices by Country

In 2021, the average calcium ammonium nitrate (CAN) export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2014 when the average export price increased by 30% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -4.6% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Vietnam

In 2018, approx. X tons of calcium ammonium nitrate (CAN) were imported into Vietnam; almost unchanged from the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2018 and are likely to see gradual growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) imports stood at $X in 2018. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2018 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Croatia (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Vietnam, with a combined 50% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +28.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest calcium ammonium nitrate (CAN) suppliers to Vietnam were the Netherlands ($X), Croatia ($X) and Belgium ($X), with a combined 50% share of total imports.

The Netherlands, with a CAGR of +13.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at less than $X per ton in 2021, stabilizing at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 a decrease of 99.9%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+42.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for calcium ammonium nitrate (can) in the world?

The countries with the highest volumes of calcium ammonium nitrate can) consumption in 2021 were France, Poland and Hungary, together accounting for 35% of global consumption. These countries were followed by Turkey, the Netherlands, Spain, the UK, Ireland, Germany, Brazil, Canada, Pakistan and Sweden, which together accounted for a further 42%.

What are the largest producers of calcium ammonium nitrate (can) in the world?

The countries with the highest volumes of calcium ammonium nitrate can) production in 2021 were the Netherlands, France and Poland, together comprising 46% of global production. Turkey, Belgium, Hungary, Spain and Russia lagged somewhat behind, together accounting for a further 34%.

What are the leading suppliers of calcium ammonium nitrate (can) to Vietnam?

In value terms, China constituted the largest supplier of calcium ammonium nitrate can) to Vietnam, comprising 59% of total imports. The second position in the ranking was occupied by Thailand, with an 11% share of total imports. It was followed by Croatia, with a 10% share.

What is the average export price for calcium ammonium nitrate (can) in Vietnam?

The average calcium ammonium nitrate can) export price stood at $470 per ton in 2018, therefore, remained relatively stable against the previous year.

What is the average import price for calcium ammonium nitrate (can) in Vietnam?

In 2021, the average calcium ammonium nitrate can) import price amounted to $183 per ton, waning by -24.1% against the previous year.

This report provides an in-depth analysis of the market for calcium ammonium nitrate (can) 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:

FCL 4004 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023