Vietnam: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Vietnam

In 2021, the Vietnamese market for medicaments of alkaloids or derivatives thereof decreased by -X% to $X, falling for the fourth consecutive year after six years of growth. Over the period under review, consumption showed a perceptible downturn. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Vietnam

In 2021, overseas shipments of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the third year in a row after three years of decline. In general, exports, however, saw a dramatic slump. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of medicaments of alkaloids or derivatives thereof expanded notably to $X in 2021. Over the period under review, exports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Vietnam, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to Ukraine exceeded the volume sent to the second major destination, Cambodia (X kg), fivefold. The third position in this ranking was held by the Philippines (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Ukraine stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (-X% per year) and the Philippines (-X% per year).

In value terms, Ukraine ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Ukraine amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

In 2021, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, declining by -X% against the previous year. In general, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Vietnam

In 2021, overseas purchases of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof fell to $X in 2021. In general, imports, however, showed moderate growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh (X tons), Poland (X tons) and France (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Vietnam, with a combined X% share of total imports. These countries were followed by Singapore, South Korea, Germany and the Philippines, which together accounted for a further X 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of alkaloids or derivatives thereof suppliers to Vietnam were Poland ($X), France ($X) and Singapore ($X), with a combined X% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, falling by -X% against the previous year. Over the period under review, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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