Vietnam - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingButanone Price in Vietnam - 2021
Contents:
- Butanone Price in Vietnam (CIF) - 2022
- Butanone Price in Vietnam (FOB) - 2022
- Butanone Imports in Vietnam
- Butanone Exports in Vietnam
Butanone Price in Vietnam (CIF) - 2022
The average butanone import price stood at $1,202 per ton in 2022, increasing by 9.5% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 32% against the previous year. The import price peaked at $1,765 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,374 per ton), while the price for Japan ($1,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.
Butanone Price in Vietnam (FOB) - 2022
In 2022, the average butanone export price amounted to $1,401 per ton, falling by -7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $1,654 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($1,417 per ton) and Myanmar ($1,417 per ton), while the average price for exports to South Korea ($1,264 per ton) and Singapore ($1,299 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+67.1%), while the prices for the other major destinations experienced more modest paces of growth.
Butanone Imports in Vietnam
After three years of growth, supplies from abroad of butanone (methyl ethyl ketone) decreased by -5.5% to 40K tons in 2022. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of 42K tons, and then fell in the following year.
In value terms, butanone imports rose modestly to $48M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.8% against the previous year. As a result, imports reached the peak of $50M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Butanone in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.9 | 22.6 | 16.2 | 23.3 | 11.3% |
| Japan | 21.9 | 20.4 | 22.6 | 12.1 | -17.9% |
| Taiwan (Chinese) | 5.7 | 5.0 | 6.3 | 10.2 | 21.4% |
| Others | 1.3 | 1.8 | 1.5 | 2.7 | 27.6% |
| Total | 45.8 | 49.9 | 46.6 | 48.2 | 1.7% |
Top Suppliers of Butanone to Vietnam in 2022:
- China (19.5K tons)
- Japan (11.4K tons)
- Taiwan (Chinese) (7.4K tons)
Butanone Exports in Vietnam
In 2022, shipments abroad of butanone (methyl ethyl ketone) decreased by -18.8% to 713 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60%. As a result, the exports reached the peak of 878 tons, and then dropped notably in the following year.
In value terms, butanone exports fell markedly to $999K in 2022. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 96%. As a result, the exports attained the peak of $1.3M, and then reduced sharply in the following year.
| Export of Butanone in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 59.3 | 127 | 326 | 258 | 63.3% |
| Bangladesh | 69.4 | 188 | 232 | 183 | 38.2% |
| Malaysia | 70.2 | 65.9 | 208 | 164 | 32.7% |
| Pakistan | 161 | 132 | 203 | 160 | -0.2% |
| Australia | 53.1 | 29.9 | 144 | 114 | 29.0% |
| South Korea | 61.2 | 29.4 | 52.7 | 41.6 | -12.1% |
| Cambodia | 20.9 | 31.1 | 43.4 | 34.3 | 18.0% |
| Taiwan (Chinese) | 39.1 | 25.6 | 32.4 | 24.6 | -14.3% |
| Sri Lanka | 41.8 | 13.1 | 16.8 | 13.2 | -31.9% |
| Others | 21.2 | 33.9 | 64.4 | 6.8 | -31.5% |
| Total | 597 | 676 | 1,323 | 999 | 18.7% |
Top Export Markets for Butanone from Vietnam in 2022:
- Myanmar (181.8 tons)
- Bangladesh (129.4 tons)
- Malaysia (115.7 tons)
- Pakistan (113.0 tons)
- Australia (80.1 tons)
- South Korea (32.9 tons)
- Cambodia (24.2 tons)
- Taiwan (Chinese) (22.4 tons)
- Sri Lanka (9.3 tons)
This report provides an in-depth analysis of the butanone 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 20146213 - Butanone (methyl ethyl ketone)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
287
This report provides an in-depth analysis of the butanone market in Vietnam.
420
This report provides an in-depth analysis of the ketone and quinone market in Vietnam.
386
This report provides an in-depth analysis of the methyl isobutyl ketone market in Vietnam.
441
This report provides an in-depth analysis of the acetone market in Vietnam.
329
This report provides an in-depth analysis of the cyclohexanone and methylcyclohexanones market in Vietnam.
296
This report provides an in-depth analysis of the ionones and methylionones market in Vietnam.
256
This report provides an in-depth analysis of the quinones market in Vietnam.
20
This report provides an in-depth analysis of the market for acyclic ketones without other oxygen function in Vietnam.
72
This report provides an in-depth analysis of the market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Vietnam.
485
This report provides an in-depth analysis of the global butanone market.
252
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1511
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
80
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
252
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1511
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
80
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
