Report Update Nov 1, 2024

Vietnam - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Peroxosulphates Market 2024

Peroxosulphates Market Size in Vietnam

The Vietnamese peroxosulphates market soared to $X in 2021, with an increase of 38% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Peroxosulphates Exports

Exports from Vietnam

In 2021, the amount of peroxosulphates (persulphates) exported from Vietnam shrank modestly to X tons, which is down by -2% on the previous year's figure. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 380% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, peroxosulphates exports skyrocketed to $X in 2021. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2015 with an increase of 365% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Myanmar (X tons), Singapore (X tons) and South Korea (X tons) were the main destinations of peroxosulphates exports from Vietnam, together comprising 96% of total exports.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +117.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), Singapore ($X) and South Korea ($X) were the largest markets for peroxosulphates exported from Vietnam worldwide, with a combined 94% share of total exports.

South Korea, with a CAGR of +126.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average peroxosulphates export price amounted to $X per ton, with an increase of 21% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 55%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to South Korea ($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 South Korea (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Peroxosulphates Imports

Imports into Vietnam

In 2021, approx. X tons of peroxosulphates (persulphates) were imported into Vietnam; growing by 34% against the previous year's figure. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 69%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, peroxosulphates imports surged to $X in 2021. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 54% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

Japan (X tons), China (X tons) and South Korea (X tons) were the main suppliers of peroxosulphates imports to Vietnam, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were in Japan (with a CAGR of +23.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the largest peroxosulphates suppliers to Vietnam, with a combined 95% share of total imports.

South Korea, with a CAGR of +33.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average peroxosulphates import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 11%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peroxosulphates (persulphates) in the world?

The countries with the highest volumes of in 2021 were South Korea, Taiwan Chinese) and Italy, together accounting for 42% of global consumption. These countries were followed by China, Mexico, Brazil, the United States, Belgium, Thailand, Russia, Canada, the UK and France, which together accounted for a further 35%.

What are the largest producers of peroxosulphates (persulphates) in the world?

The country with the largest volume of peroxosulphates production was China, accounting for 46% of total volume. Moreover, peroxosulphates production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The United States ranked third in terms of total production with a 17% share.

What are the leading suppliers of peroxosulphates (persulphates) to Vietnam?

In value terms, Japan, China and South Korea appeared to be the largest peroxosulphates suppliers to Vietnam, with a combined 94% share of total imports.

What are the leading importers of peroxosulphates (persulphates) from Vietnam?

In value terms, Singapore remains the key foreign market for peroxosulphates exports from Vietnam, comprising 66% of total exports. The second position in the ranking was occupied by Thailand, with a 27% share of total exports.

What is the average export price for peroxosulphates (persulphates) in Vietnam?

The average peroxosulphates export price stood at $1,623 per ton in 2021, approximately mirroring the previous year.

What is the average import price for peroxosulphates (persulphates) in Vietnam?

The average peroxosulphates import price stood at $1,639 per ton in 2021, with a decrease of -4.3% against the previous year.

This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)

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