Report Update Nov 1, 2024

Vietnam - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Vietnam

The Vietnamese hydrogen chloride market fell to $X in 2021, with a decrease of -8% against the previous year. Overall, consumption saw a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hydrogen Chloride Production in Vietnam

In value terms, hydrogen chloride production shrank to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 15%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Hydrogen Chloride Exports

Exports from Vietnam

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were exported from Vietnam; which is down by -35% compared with the year before. Over the period under review, exports, however, posted a modest increase. The growth pace was the most rapid in 2018 with an increase of 266% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, hydrogen chloride exports reduced to $X in 2021. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 187% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X tons) was the main destination for hydrogen chloride exports from Vietnam, accounting for a 81% share of total exports. Moreover, hydrogen chloride exports to Cambodia exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cambodia stood at +46.9%.

In value terms, Cambodia ($X) remains the key foreign market for hydrogen chloride (hydrochloric acid) exports from Vietnam, comprising 85% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cambodia totaled +43.9%.

Export Prices by Country

In 2021, the average hydrogen chloride export price amounted to $X per ton, rising by 38% against the previous year. In general, the export price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 62%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Lao People's Democratic Republic amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Chloride Imports

Imports into Vietnam

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were imported into Vietnam; with a decrease of -20.7% on 2020 figures. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,067% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, hydrogen chloride imports stood at $X in 2021. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of 509%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and South Korea (X tons) were the main suppliers of hydrogen chloride imports to Vietnam, with a combined 89% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +84.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and South Korea ($X) appeared to be the largest hydrogen chloride suppliers to Vietnam, with a combined 89% share of total imports.

India, with a CAGR of +62.2%, 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 more modest paces of growth.

Import Prices by Country

The average hydrogen chloride import price stood at $X per ton in 2021, increasing by 31% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 52%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per ton) and Germany ($X per ton), while the price for Italy ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen chloride (hydrochloric acid) in the world?

The country with the largest volume of hydrogen chloride consumption was China, accounting for 15% of total volume. Moreover, hydrogen chloride consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the largest producers of hydrogen chloride (hydrochloric acid) in the world?

The country with the largest volume of hydrogen chloride production was China, comprising approx. 15% of total volume. Moreover, hydrogen chloride production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of hydrogen chloride (hydrochloric acid) to Vietnam?

In value terms, the largest hydrogen chloride suppliers to Vietnam were India, China and South Korea, with a combined 90% share of total imports.

What are the leading importers of hydrogen chloride (hydrochloric acid) from Vietnam?

In value terms, the largest markets for hydrogen chloride exported from Vietnam were Lao People's Democratic Republic and Cambodia.

What is the average export price for hydrogen chloride (hydrochloric acid) in Vietnam?

The average hydrogen chloride export price stood at $212 per ton in 2020, jumping by 48% against the previous year.

What is the average import price for hydrogen chloride (hydrochloric acid) in Vietnam?

The average hydrogen chloride import price stood at $252 per ton in 2020, with a decrease of -51.2% against the previous year.

This report provides an in-depth analysis of the hydrogen chloride 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:

Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)

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