Report Update Nov 1, 2024

Vietnam - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Sulphur Market 2024

Sulphur Market Size in Vietnam

In 2021, the Vietnamese sulphur market decreased by -7.1% to $X, falling for the second year in a row after three years of growth. Overall, consumption continues to indicate a deep slump. Sulphur consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sulphur Exports

Exports from Vietnam

In 2021, overseas shipments of sulphur (sublimed or precipitated) and colloidal sulphur decreased by -34.6% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 260%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sulphur exports surged to $X in 2021. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 286%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X tons) was the main destination for sulphur exports from Vietnam, with a 79% share of total exports. Moreover, sulphur exports to Cambodia exceeded the volume sent to the second major destination, India (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cambodia stood at +157.4%.

In value terms, India ($X) emerged as the key foreign market for sulphur (sublimed or precipitated) and colloidal sulphur exports from Vietnam, comprising 70% of total exports. The second position in the ranking was taken by Cambodia ($X), with a 30% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at -13.2%.

Export Prices by Country

The average sulphur export price stood at $X per ton in 2021, surging by 77% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphur export price increased by +90.0% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Cambodia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+22.5%).

Sulphur Imports

Imports into Vietnam

In 2021, supplies from abroad of sulphur (sublimed or precipitated) and colloidal sulphur decreased by -18.7% to X tons, falling for the second year in a row after three years of growth. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 97%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sulphur imports expanded slightly to $X in 2021. In general, imports showed a deep setback. The growth pace was the most rapid in 2018 when imports increased by 21% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Bahrain (X tons) constituted the largest sulphur supplier to Vietnam, with a 74% share of total imports. Moreover, sulphur imports from Bahrain exceeded the figures recorded by the second-largest supplier, Singapore (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bahrain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-17.1% per year) and Indonesia (+152.1% per year).

In value terms, Bahrain ($X) constituted the largest supplier of sulphur (sublimed or precipitated) and colloidal sulphur to Vietnam, comprising 58% of total imports. The second position in the ranking was held by Singapore ($X), with a 5.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Bahrain stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-20.0% per year) and Indonesia (+67.0% per year).

Import Prices by Country

The average sulphur import price stood at $X per ton in 2021, growing by 27% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 74% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China constituted the country with the largest volume of sulphur consumption, comprising approx. 27% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the U.S., with a 6.2% share.

What are the largest producers of sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China remains the largest sulphur producing country worldwide, accounting for 27% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, India, twofold. The U.S. ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of sulphur (sublimed or precipitated) and colloidal sulphur to Vietnam?

In value terms, China, South Korea and Taiwan Chinese) constituted the largest sulphur suppliers to Vietnam, with a combined 82% share of total imports.

What are the leading importers of sulphur (sublimed or precipitated) and colloidal sulphur from Vietnam?

In value terms, Cambodia emerged as the key foreign market for sulphur exports from Vietnam, comprising 67% of total exports. The second position in the ranking was occupied by India, with a 33% share of total exports.

What is the average export price for sulphur (sublimed or precipitated) and colloidal sulphur in Vietnam?

The average sulphur export price stood at $1,808 per ton in 2020, reducing by -6.5% against the previous year.

What is the average import price for sulphur (sublimed or precipitated) and colloidal sulphur in Vietnam?

In 2020, the average sulphur import price amounted to $5,575 per ton, jumping by 683% against the previous year.

This report provides an in-depth analysis of the sulphur 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 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur

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:

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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
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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