Source: congthuong.vn
According to preliminary statistics of General Department of Customsin November 2023 imported fertilizer reaching 367,389 tons, equivalent to 138.93 million USD, average price 378.2 USD/ton, down 10.8% in volume, down 1.9% in turnover but up 9.9% in price compared to October/ 2023. Compared to November 2022, it increased by 11.1% in volume, but decreased by 14.2% in turnover and decreased by 22.8% in price.
In November 2023, import fertilizer from the main market China down 4.9% in volume, but up 5.4% in turnover and up 10.9% in price compared to October 2023, reaching 197,770 tons, equivalent to 79.35 million USD, price 401.2 USD/ton ; Compared to November 2022, it increased by 7.8% in volume, but decreased by 2.7% in turnover and decreased by 9.8% in price. Imports from the Russian market in November 2023 continued to increase sharply by 438.4% in volume and 577.4% in turnover compared to October 2023, reaching 32,025 tons, equivalent to 14.68 million USD.
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| In November 2023, fertilizer imports reached 367,389 tons, equivalent to 138.93 million USD. PVCFC photo |
In the first 11 months of 2023, the country’s imported fertilizer volume reached over 3.73 million tons, worth nearly 1.28 billion USD, the average price reached 341.7 USD/ton, an increase of 20.4% in volume. quantity, but down 12.8% in turnover and down 27.5% in price compared to the first 11 months of 2022.
China still leads the fertilizer supply market for Vietnam, accounting for 49% of the total volume and 47% of the country’s total fertilizer import turnover, reaching 1.83 million tons, equivalent to 600.12 million USD, average price 327.7 USD/ton, up 15.7% in volume, but down 9.9% in turnover and down 22.2% in price compared to 11 months of 2022.
Next, the Russian market ranked second, accounting for 6.2% of the total volume and 8.5% of the total turnover, with 232,239 tons, equivalent to 108.63 million USD, average price of 467.7 USD/ton, up 7.2% in volume, but down 30.3% in turnover and down 34.9% in price compared to the first 11 months of 2022.
Import fertilizer from the market Southeast Asia reached 435,031 tons, equivalent to 155.57 million USD, a sharp increase of 78.4% in volume, an increase of 4% in turnover over the same period, accounting for 11.7% of total volume and 12.2% of total import turnover. fertilizer export of the whole country.
Fertilizer imports from the FTA RCEP market reached 2.71 million tons, equivalent to 842.77 million USD, an increase of 18.4% in volume but a decrease of 9.8% in turnover over the same period, accounting for 72.5% of the total. total volume and accounts for 66% of the country’s total fertilizer import turnover.
Fertilizer imports from the FTA CPTTP market reached 428,400 tons, equivalent to 70.45 million USD, down 9% in volume, down 50.7% in turnover over the same period, accounting for 11.5% of the total volume and accounting for 5 .5% of the country’s total fertilizer import turnover.
In general, in the first 11 months of 2023, fertilizer imports from most markets decreased compared to the same period last year.
