Vietnam - Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Vietnam - Chemical Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Chemical Wood Pulp Price in Vietnam - 2021

Contents:

  1. Chemical Wood Pulp Price in Vietnam (CIF) - 2022
  2. Chemical Wood Pulp Price in Vietnam (FOB) - 2022
  3. Chemical Wood Pulp Imports in Vietnam
  4. Chemical Wood Pulp Exports in Vietnam

Chemical Wood Pulp Price in Vietnam (CIF) - 2022

The average chemical wood pulp import price stood at $608 per ton in 2022, shrinking by -3.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. As a result, import price reached the peak level of $792 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,128 per ton), while the price for Indonesia ($508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Chemical Wood Pulp Price in Vietnam (FOB) - 2022

The average chemical wood pulp export price stood at $665 per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2018 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $678 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($697 per ton), while the average price for exports to Japan ($371 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 Hong Kong SAR (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Wood Pulp Imports in Vietnam

In 2022, supplies from abroad of chemical wood pulp decreased by -9.6% to 363K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports attained the peak of 402K tons, and then shrank in the following year.

In value terms, chemical wood pulp imports fell to $221M in 2022. Over the period under review, imports recorded a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports reached the peak of $254M, and then contracted in the following year.

Import of Chemical Wood Pulp in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia62.824.371.364.30.8%
United States53.051.750.846.2-4.5%
Canada13.615.916.226.725.2%
Russia6.910.614.512.822.9%
Singapore10.47.38.77.9-8.8%
FranceN/A0.84.16.8191.5%
Brazil24.719.914.35.3-40.1%
Chile7.65.87.75.3-11.3%
Sweden11.88.78.94.7-26.4%
Netherlands5.55.57.44.4-7.2%
New Zealand3.83.42.04.01.7%
Thailand8.05.96.62.8-29.5%
Others23.924.341.429.77.5%
Total232184254221-1.6%

Top Suppliers of Chemical Wood Pulp to Vietnam in 2022:

  1. Indonesia (126.7K tons)
  2. United States (62.5K tons)
  3. Canada (41.4K tons)
  4. Russia (19.0K tons)
  5. Singapore (12.9K tons)
  6. France (10.3K tons)
  7. Brazil (10.1K tons)
  8. Chile (9.6K tons)
  9. Sweden (7.4K tons)
  10. Netherlands (6.7K tons)
  11. New Zealand (5.5K tons)
  12. Thailand (4.4K tons)

Chemical Wood Pulp Exports in Vietnam

In 2022, approx. 5.1K tons of chemical wood pulp were exported from Vietnam; jumping by 19% on 2021 figures. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 183% against the previous year. As a result, the exports attained the peak of 5.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chemical wood pulp exports soared to $3.4M in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 175%. As a result, the exports attained the peak of $3.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Chemical Wood Pulp in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6453,1782,1592,60459.2%
Hong Kong SARN/AN/AN/A4130%
Cambodia42.614628918462.9%
Malaysia47322618466.8-47.9%
Others210222243108-19.9%
Total1,3703,7722,8743,37635.1%

Top Export Markets for Chemical Wood Pulp from Vietnam in 2022:

  1. China (4.0K tons)
  2. Hong Kong SAR (0.6K tons)
  3. Cambodia (0.3K tons)
  4. Malaysia (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chemical wood pulp 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:

  • FCL 1660 - Chemical wood pulp, sulphite, unbleached
  • FCL 1661 - Chemical wood pulp, sulphite, bleached
  • FCL 1662 - Chemical wood pulp, sulphate, unbleached
  • FCL 1663 - Chemical wood pulp, sulphate, bleached

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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