Report Update: May 1, 2024

Vietnam - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam - 2022

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam (CIF) - 2022

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $3,381 per ton in 2022, surging by 11% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cyanides, cyanide oxides and complex cyanideses decreased by -25.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked at $4,558 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,128 per ton), while the price for Taiwan (Chinese) ($749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam (FOB) - 2022

The average export price for cyanides, cyanide oxides and complex cyanideses stood at $4,187 per ton in 2022, rising by 17% against the previous year. Over the period under review, the export price posted tangible growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 74%. The export price peaked at $6,575 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($4,939 per ton), while the average price for exports to Lao People's Democratic Republic ($3,377 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam

In 2022, approx. 1.2K tons of cyanides, cyanide oxides and complex cyanideses were imported into Vietnam; picking up by 3.8% compared with the previous year. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses skyrocketed to $4.1M in 2022. In general, imports, however, continue to indicate a mild downturn.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	2,065	1,775	2,008	2,726	9.7%
South Korea	1,278	1,211	1,265	1,074	-5.6%
Switzerland	532	291	96.8	82.1	-46.4%
Germany	211	130	66.9	77.8	-28.3%
China	132	75.4	49.0	53.5	-26.0%
Australia	7.2	7.6	9.3	14.9	27.4%
Others	59.5	28.3	43.2	44.1	-9.5%
Total	4,285	3,519	3,538	4,073	-1.7%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Vietnam in 2022:

Japan (660.5 tons)
South Korea (382.4 tons)
China (62.8 tons)
Germany (22.2 tons)
Switzerland (21.6 tons)
Australia (19.9 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam

In 2022, overseas shipments of cyanides, cyanide oxides and complex cyanideses decreased by -40.7% to 1.7 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 172%. As a result, the exports attained the peak of 3.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses plummeted to $6.9K in 2022. In general, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 122%. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	1.6	9.8	9.1	6.0	55.4%
Cambodia	0.6	1.7	0.7	0.7	5.3%
Lao People's Democratic Republic	3.7	1.6	0.2	0.2	-62.2%
Others	N/A	N/A	N/A	N/A	0%
Total	5.9	13.1	10.0	6.9	5.4%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Vietnam in 2022:

South Korea (1457.0 kg)
Cambodia (148.0 kg)
Lao People's Democratic Republic (53.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides 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:

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