Vietnam - Densified Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDensified Wood Price in Vietnam - 2021
Contents:
- Densified Wood Price in Vietnam (FOB) - 2022
- Densified Wood Price in Vietnam (CIF) - 2022
- Densified Wood Exports in Vietnam
- Densified Wood Imports in Vietnam
Densified Wood Price in Vietnam (FOB) - 2022
In 2022, the average densified wood export price amounted to $2,088 per ton, with an increase of 7.9% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, densified wood export price decreased by -6.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 23% against the previous year. The export price peaked at $2,223 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($2,089 per ton) and South Korea ($2,029 per ton), while the average price for exports to Taiwan (Chinese) ($2,013 per ton) and China ($2,023 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 China (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Densified Wood Price in Vietnam (CIF) - 2022
The average densified wood import price stood at $1,494 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2014 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs at $1,770 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($1,497 per ton) and India ($1,493 per ton), while the price for Italy ($1,493 per ton) and Germany ($1,493 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Densified Wood Exports in Vietnam
In 2022, after two years of decline, there was significant growth in shipments abroad of densified wood, when their volume increased by 6.4% to 4.3K tons. In general, exports, however, showed a sharp downturn.
In value terms, densified wood exports reached $9.1M in 2022. Over the period under review, exports, however, recorded a sharp contraction.
| Export of Densified Wood in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.5 | 10.1 | 7.7 | 8.9 | -20.2% |
| Others | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Total | 17.9 | 10.3 | 7.9 | 9.1 | -20.2% |
Top Export Markets for Densified Wood from Vietnam in 2022:
- United States (4.3K tons)
Densified Wood Imports in Vietnam
In 2022, approx. 2.9K tons of densified wood were imported into Vietnam; picking up by 22% compared with the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, densified wood imports skyrocketed to $4.4M in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 111% against the previous year. As a result, imports reached the peak of $5.2M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Densified Wood in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 909 | 3,806 | 1,448 | 2,580 | 41.6% |
| Germany | 593 | 842 | 750 | 955 | 17.2% |
| Italy | 288 | 124 | 243 | 310 | 2.5% |
| Japan | 114 | 171 | 159 | 203 | 21.2% |
| Taiwan (Chinese) | 38.8 | 25.9 | 91.8 | 117 | 44.5% |
| India | 24.8 | 28.0 | 77.9 | 99.3 | 58.8% |
| Others | 504 | 224 | 791 | 128 | -36.7% |
| Total | 2,472 | 5,222 | 3,561 | 4,392 | 21.1% |
Top Suppliers of Densified Wood to Vietnam in 2022:
- China (1723.7 tons)
- Germany (640.1 tons)
- Italy (207.7 tons)
- Japan (135.7 tons)
- Taiwan (Chinese) (78.4 tons)
- India (66.5 tons)
This report provides an in-depth analysis of the densified wood 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 16212200 - Densified wood, in blocks, plates, strips or profile shapes
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
747
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...
911
In value terms, densified wood in blocks, plates and strips imports amounted to $X in 2016. In general, densified wood in blocks, plates and strips imports continue to indicate a slight reduction. ...
747
In value terms, densified wood in blocks, plates and strips exports totaled $X in 2016. Overall, densified wood in blocks, plates and strips exports continue to indicate a relatively flat trend pat...
