Vietnam: Market for Natural Calcium And Aluminium Phosphates 2022

Market Size for Natural Calcium And Aluminium Phosphates in Vietnam

The Vietnamese market for natural calcium and aluminium phosphates dropped to $X in 2021, waning by -8.2% against the previous year. In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.1% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Natural Calcium And Aluminium Phosphates in Vietnam

In value terms, natural calcium and aluminium phosphates production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, production attained the peak level of $X, and then shrank in the following year.

Exports of Natural Calcium And Aluminium Phosphates

Exports from Vietnam

In 2021, the amount of natural calcium and aluminium phosphates exported from Vietnam skyrocketed to X tons, with an increase of 23% compared with the previous year's figure. Over the period under review, exports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2019 with an increase of 74% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, natural calcium and aluminium phosphates exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a slight downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for natural calcium and aluminium phosphates exports from Vietnam, accounting for a 68% share of total exports. Moreover, natural calcium and aluminium phosphates exports to India exceeded the volume sent to the second major destination, Australia (X tons), fourfold. The third position in this ranking was taken by New Zealand (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to India stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+5.5% per year) and New Zealand (-7.9% per year).

In value terms, India ($X) remains the key foreign market for natural calcium and aluminium phosphates exports from Vietnam, comprising 74% of total exports. The second position in the ranking was taken by Australia ($X), with an 11% share of total exports. It was followed by New Zealand, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+3.0% per year) and New Zealand (-10.3% per year).

Export Prices by Country

In 2021, the average export price for natural calcium and aluminium phosphates amounted to $X per ton, picking up by 19% against the previous year. In general, the export price recorded a slight expansion. The growth pace was the most rapid in 2020 an increase of 24% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to New Zealand ($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 India (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Natural Calcium And Aluminium Phosphates

Imports into Vietnam

In 2021, approx. X tons of natural calcium and aluminium phosphates were imported into Vietnam; which is down by -35.2% compared with 2020. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 90%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural calcium and aluminium phosphates imports dropped dramatically to $X in 2021. Overall, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2017 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), the UK (X tons) and Egypt (X tons) were the main suppliers of natural calcium and aluminium phosphates imports to Vietnam, together comprising 95% of total imports. China and South Korea lagged somewhat behind, together accounting for a further 3.5%.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +46.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of natural calcium and aluminium phosphates to Vietnam, comprising 56% of total imports. The second position in the ranking was held by Egypt ($X), with a 25% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-31.2% per year) and the UK (-3.1% per year).

Import Prices by Country

In 2021, the average import price for natural calcium and aluminium phosphates amounted to $X per ton, declining by -32.6% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 20% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Egypt ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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