Market research

Feldspar market in Vietnam

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The feldspar market volume in Vietnam surged in 2019, reaching 478 K t, a 49% increase from 2018, driven by a sharp rise in imports. However, in the following years, market volume contracted, falling to 226 K t in 2022, while domestic production remained steady at 100 K t annually.

In value terms, the market showed a different pattern: after declining in 2019-2020, the market value grew from 27.1 million USD in 2020 to 34.3 million USD in 2022, indicating rising prices. In 2021, volatility in steel prices affected the construction sector, likely reducing demand for construction materials including feldspar.

Feldspar imports, which constitute the bulk of the market, dropped from 380 K t in 2019 to 75 K t in 2023, then partially recovered to 157 K t in 2024. During this period, the artificial quartz stone market in Vietnam expanded due to technological investments by major players and growing domestic demand for engineered surfaces, which represented a shift in construction material preferences.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2022
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Vietnam
  1. 5.1.1. Annual dynamics of production in Vietnam in kind, 2018-2022, K t
  2. 5.1.2. Annual dynamics of production in Vietnam in value, 2018-2022, $ US
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, K t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production feldspar in Vietnam

In kind, 2017-2020, K t

Globally, Vietnam ranked as the 27th largest producer of feldspar between 2017 and 2020.

Top producers of feldspar, 2017-2020

Source: SHEV.io

World map of production of feldspar, 2017-2020

Source: SHEV.io

In 2020, Vietnam produced 100.0 K t of feldspar, maintaining a stable output compared to 2019. The most significant change occurred in 2018, with both the largest decline and increase recorded at 0.0%.

Annual dynamics of production in Vietnam in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

In value, 2017-2020, K $ US

In 2020, Vietnam's feldspar production was valued at 9 573 K $ US, representing a 7.3% increase from the previous year. Over the period from 2017 to 2020, production decreased by 4.3%, averaging an annual decline of 1.5%. The lowest value was recorded in 2019 at 8 924 K $ US, while the highest was in 2018 at 10 487 K $ US. The most substantial decline occurred in 2019, dropping by 14.9%.

Annual dynamics of production in Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.8%	(14.9%)	7.3%	(1.5%)

Source: SHEV.io

Exports feldspar from Vietnam

Exports in kind, K t

Market performance showed noticeable fluctuations during this period. The lowest export volume was recorded in 2017, while the highest occurred in 2019, with a peak-to-trough ratio of 40 times. In 2020, Vietnam exported 0.1 K t of feldspar, marking a sharp decline of 94.7% compared to the previous year. The maximum volume was 2.2 K t in 2019, which also saw the largest increase of 540.9%.

Annual dynamics of product's exports from Vietnam in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	524.6%	540.9%	(94.7%)	28.3%

Source: SHEV.io

From 2017 to 2020, South Korea was the primary market for Vietnam's feldspar exports, accounting for 76.2% of total exports in kind, with other destinations making up a smaller portion.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market displayed an unstable trend throughout the timeframe. The minimum export value was recorded in 2017, while the maximum was in 2019, with a 36-fold variation between them. In 2020, Vietnam's feldspar exports amounted to 11 K $ US, indicating a steep decline of 94.3% compared to 2019. The highest value was 199 K $ US in 2019, and the largest increase occurred in 2018 at 554.7%.

Annual dynamics of product's exports from Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	554.7%	445.4%	(94.3%)	26.5%

Source: SHEV.io

Between 2017 and 2020, South Korea remained the leading buyer of feldspar from Vietnam, accounting for 76.1% of total exports in value terms, while the rest was distributed among various other countries.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in value, 2017-2020

Source: SHEV.io

Imports feldspar to Vietnam

Imports in kind, K t

Market behavior was characterized by volatility during these years. Import volumes reached their minimum in 2017 and peaked in 2019, with a top-to-bottom ratio of 2.2 times. In 2020, Vietnam imported 181.0 K t of feldspar, showing an intense decline of 52.4% from the previous year. The maximum volume was 380.4 K t in 2019, which also recorded the largest increase of 71.4%.

Annual dynamics of product's imports to Vietnam in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.8%	71.4%	(52.4%)	1.7%

Source: SHEV.io

From 2017 to 2020, India and China dominated Vietnam's feldspar imports in kind, together accounting for 83.0% of total flows, with other destinations contributing smaller individual shares.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Vietnam's feldspar import value declined for the second consecutive year. In 2020, imports totaled 11 K $ US, marking a moderate drop of 9.9% compared to 2019. Over the period from 2017 to 2020, imports increased by 8.4%, averaging an annual growth rate of 2.7%. The highest value was recorded in 2018 at 20 618 K $ US, which also saw the largest increase of 27.2%.

Annual dynamics of product's imports to Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	27.2%	(5.4%)	(9.9%)	2.7%

Source: SHEV.io

Between 2017 and 2020, Vietnam's feldspar imports in value terms were largely oriented towards India and China, whose combined share reached 82.2% of total flows, with other destinations playing a secondary role.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in value, 2017-2020

Source: SHEV.io