Cyclic Hydrocarbons; M-Xylene Price in Vietnam - 2022
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Vietnam (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Price in Vietnam (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Exports in Vietnam
- Cyclic Hydrocarbons; M-Xylene Imports in Vietnam
Cyclic Hydrocarbons; M-Xylene Price in Vietnam (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $656 per ton in 2022, dropping by -2.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 5.9% against the previous year. As a result, the export price attained the peak level of $670 per ton, and then dropped modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for Cambodia.
From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to -0.1% per year.
Cyclic Hydrocarbons; M-Xylene Price in Vietnam (CIF) - 2022
The average cyclic hydrocarbons; m-xylene import price stood at $5,961 per ton in 2022, declining by -3.7% against the previous year. Overall, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 65% against the previous year. The import price peaked at $6,192 per ton in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($36,759 per ton), while the price for South Korea ($1,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cyclic Hydrocarbons; M-Xylene Exports in Vietnam
After three years of growth, overseas shipments of cyclic hydrocarbons; m-xylenes decreased by -17.4% to 31 tons in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 +56.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of 37 tons, and then contracted sharply in the following year.
In value terms, cyclic hydrocarbons; m-xylene exports shrank notably to $20K in 2022. Overall, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, the exports attained the peak of $25K, and then reduced notably in the following year.
Export of Cyclic Hydrocarbons; M-Xylene in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 12.1 | 15.4 | 25.0 | 20.2 | 18.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.1 | 15.4 | 25.0 | 20.2 | 18.6% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from Vietnam in 2022:
- Cambodia (30.8 tons)
Cyclic Hydrocarbons; M-Xylene Imports in Vietnam
In 2022, cyclic hydrocarbons; m-xylene imports into Vietnam reduced modestly to 691 kg, shrinking by -3.9% against 2021. Overall, imports continue to indicate a drastic downturn.
In value terms, cyclic hydrocarbons; m-xylene imports contracted to $4.1K in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.
Import of Cyclic Hydrocarbons; M-Xylene in Vietnam (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 857 | 1,598 | 2,235 | 2,132 | 35.5% |
Taiwan (Chinese) | 555 | 851 | 979 | 767 | 11.4% |
South Korea | 422 | 646 | 743 | 583 | 11.4% |
Belgium | 15.0 | 126 | 221 | 500 | 221.8% |
China | 1,274 | 418 | 102 | 3.0 | -86.7% |
Others | 97.0 | 149 | 172 | 134 | 11.4% |
Total | 3,220 | 3,788 | 4,452 | 4,119 | 8.6% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Vietnam in 2022:
- South Korea (361.0 kg)
- Taiwan (Chinese) (245.0 kg)
- Singapore (58.0 kg)
- Belgium (24.0 kg)
- China (1.0 kg)
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