Vietnam - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEpoxide Resin Price in Vietnam - 2021
Contents:
- Epoxide Resin Price in Vietnam (CIF) - 2022
- Epoxide Resin Price in Vietnam (FOB) - 2022
- Epoxide Resin Imports in Vietnam
- Epoxide Resin Exports in Vietnam
Epoxide Resin Price in Vietnam (CIF) - 2022
In 2022, the average epoxide resin import price amounted to $4,201 per ton, which is down by -21.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55%. As a result, import price reached the peak level of $5,370 per ton, and then declined markedly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($4,456 per ton) and China ($4,456 per ton), while the price for Malaysia ($3,503 per ton) and Japan ($3,530 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Epoxide Resin Price in Vietnam (FOB) - 2022
In 2022, the average epoxide resin export price amounted to $5,117 per ton, with a decrease of -7.4% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 96% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,523 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($10,373 per ton), while the average price for exports to Myanmar ($717 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 the Philippines (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Epoxide Resin Imports in Vietnam
In 2022, imports of epoxide resins into Vietnam surged to 25K tons, jumping by 29% on 2021. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% 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 -18.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, imports attained the peak of 31K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, epoxide resin imports amounted to $106M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports attained the peak of $107M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Epoxide Resin in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 21.4 | 30.7 | 29.1 | 28.5 | 10.0% |
| Taiwan (Chinese) | 18.2 | 22.4 | 26.3 | 25.8 | 12.3% |
| China | 13.6 | 18.4 | 22.4 | 22.0 | 17.4% |
| Thailand | 8.5 | 8.9 | 8.3 | 8.2 | -1.2% |
| Japan | 7.4 | 11.8 | 7.5 | 7.7 | 1.3% |
| United States | 4.4 | 3.7 | 3.8 | 3.7 | -5.6% |
| Malaysia | 2.9 | 3.9 | 2.5 | 2.7 | -2.4% |
| Others | 4.3 | 7.5 | 4.9 | 7.4 | 19.8% |
| Total | 80.6 | 107 | 105 | 106 | 9.6% |
Top Suppliers of Epoxide Resin to Vietnam in 2022:
- South Korea (6.6K tons)
- Taiwan (Chinese) (5.8K tons)
- China (4.9K tons)
- Japan (2.2K tons)
- Thailand (2.1K tons)
- United States (1.0K tons)
- Malaysia (0.8K tons)
Epoxide Resin Exports in Vietnam
After three years of growth, shipments abroad of epoxide resins decreased by -15.5% to 222 tons in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, the exports attained the peak of 262 tons, and then fell dramatically in the following year.
In value terms, epoxide resin exports reduced remarkably to $1.1M in 2022. In general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, the exports reached the peak of $1.4M, and then reduced remarkably in the following year.
| Export of Epoxide Resin in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 20.1 | 353 | 732 | 539 | 199.3% |
| Malaysia | 110 | 84.0 | 238 | 204 | 22.9% |
| South Korea | 86.0 | 144 | 117 | 100 | 5.2% |
| Australia | 59.7 | 19.0 | 102 | 87.5 | 13.6% |
| Lao People's Democratic Republic | 89.6 | 36.2 | 69.4 | 59.6 | -12.7% |
| Japan | 6.2 | 35.3 | 46.5 | 39.9 | 86.0% |
| Indonesia | 131 | 12.3 | 20.8 | 25.5 | -42.0% |
| China | 77.9 | 44.9 | 36.4 | 25.5 | -31.1% |
| Myanmar | 32.0 | 15.8 | 15.6 | 14.2 | -23.7% |
| Others | 118 | 74.3 | 72.5 | 39.1 | -30.8% |
| Total | 730 | 819 | 1,450 | 1,134 | 15.8% |
Top Export Markets for Epoxide Resin from Vietnam in 2022:
- Cambodia (145.3 tons)
- Myanmar (19.8 tons)
- Malaysia (19.7 tons)
- South Korea (9.6 tons)
- Australia (8.7 tons)
- Lao People's Democratic Republic (5.7 tons)
- Japan (3.9 tons)
- Indonesia (3.0 tons)
- China (3.0 tons)
This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms
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
-
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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