Price for Lustres; Liquid Lustres and Similar Preparations in Vietnam - 2022
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Vietnam (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Vietnam (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Vietnam
- Exports of Lustres; Liquid Lustres and Similar Preparations in Vietnam
Price for Lustres; Liquid Lustres and Similar Preparations in Vietnam (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $13,255 per ton in 2022, with a decrease of -29.1% against the previous year. Over the period under review, the import price saw a noticeable setback. The growth pace was the most rapid in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $22,098 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($65,865 per ton), while the price for Belgium ($635 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lustres; Liquid Lustres and Similar Preparations in Vietnam (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $1,165,834 per ton, rising by 181% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 249% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,257,046 per ton), while the average price for exports to Japan ($147,750 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 China (+104.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lustres; Liquid Lustres and Similar Preparations in Vietnam
Imports of lustres; liquid lustres and similar preparationses into Vietnam soared to 451 tons in 2022, picking up by 55% on 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of lustres; liquid lustres and similar preparationses rose markedly to $6M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lustres; Liquid Lustres and Similar Preparations in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 263 | 2,772 | 3,302 | 3,044 | 126.2% |
| South Korea | 58.1 | 14.2 | 137 | 1,147 | 170.3% |
| Turkey | N/A | N/A | N/A | 701 | 0% |
| India | 34.8 | 304 | 454 | 491 | 141.6% |
| Spain | 126 | 111 | 111 | 133 | 1.8% |
| Belgium | 58.3 | 46.2 | 25.9 | 68.7 | 5.6% |
| Singapore | 61.0 | 162 | 89.0 | 50.0 | -6.4% |
| Germany | 1,274 | 48.8 | 143 | 19.6 | -75.1% |
| China | 781 | 260 | 32.2 | 10.0 | -76.6% |
| Italy | 17.9 | 1,099 | 438 | 1.4 | -57.2% |
| Others | 400 | 773 | 696 | 312 | -7.9% |
| Total | 3,074 | 5,590 | 5,427 | 5,977 | 24.8% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Vietnam in 2022:
- Japan (116.8 tons)
- South Korea (115.2 tons)
- Belgium (108.1 tons)
- Turkey (70.5 tons)
- Spain (13.4 tons)
- Singapore (8.0 tons)
- India (7.4 tons)
- China (3.9 tons)
- Germany (0.7 tons)
- Italy (0.1 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Vietnam
After two years of decline, shipments abroad of lustres; liquid lustres and similar preparationses increased by 45% to 247 kg in 2022. In general, exports, however, saw a sharp slump.
In value terms, exports of lustres; liquid lustres and similar preparationses surged to $288K in 2022. Overall, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lustres; Liquid Lustres and Similar Preparations in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 3.1 | N/A | 175 | 651.3% |
| United States | N/A | N/A | N/A | 81.7 | 0% |
| China | 20.2 | N/A | N/A | 25.1 | 7.5% |
| Cambodia | 2.8 | 1.9 | 6.7 | 3.1 | 3.5% |
| Thailand | 4.6 | 4.9 | 2.6 | 2.8 | -15.3% |
| Japan | 1.1 | 5.7 | 2.6 | 0.6 | -18.3% |
| South Korea | 30.6 | 22.6 | 0.6 | N/A | -86.0% |
| India | 1.9 | N/A | N/A | N/A | 0% |
| Singapore | 68.1 | 51.9 | 47.6 | N/A | -16.4% |
| Taiwan (Chinese) | 7.0 | 10.7 | 9.3 | N/A | 15.3% |
| Italy | 38.0 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.4 | 1.2 | N/A | 100.0% |
| Total | 175 | 101 | 70.6 | 288 | 18.1% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Vietnam in 2022:
- Turkey (139.0 kg)
- United States (65.0 kg)
- China (20.0 kg)
- Cambodia (14.0 kg)
- Thailand (5.0 kg)
- Japan (4.0 kg)
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