Vietnam - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Vietnam - 2022
Contents:
- Mineral Wool Price in Vietnam (CIF) - 2022
- Mineral Wool Price in Vietnam (FOB) - 2022
- Mineral Wool Imports in Vietnam
- Mineral Wool Exports in Vietnam
Mineral Wool Price in Vietnam (CIF) - 2022
In 2022, the average mineral wool import price amounted to $1,370 per ton, dropping by -10.3% against the previous year. Overall, the import price showed a perceptible setback. The growth pace was the most rapid in 2021 an increase of 20%. The import price peaked at $1,798 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($1,602 per ton) and Japan ($1,527 per ton), while the price for Germany ($1,265 per ton) and South Korea ($1,313 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.1%), while the prices for the other major suppliers experienced a decline.
Mineral Wool Price in Vietnam (FOB) - 2022
The average mineral wool export price stood at $1,539 per ton in 2022, picking up by 8.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 39%. As a result, the export price reached the peak level of $1,711 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Cambodia ($1,554 per ton) and South Korea ($1,516 per ton), while the average price for exports to Thailand ($1,502 per ton) and Lao People's Democratic Republic ($1,509 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 Brunei Darussalam (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Imports in Vietnam
Mineral wool imports into Vietnam skyrocketed to 20K tons in 2022, jumping by 29% on the previous year's figure. Overall, imports, however, saw a pronounced setback.
In value terms, mineral wool imports skyrocketed to $27M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports attained the peak of $31M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Mineral Wool in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.4 | 19.2 | 14.2 | 15.3 | 4.5% |
| Thailand | 3.4 | 2.7 | 2.8 | 2.9 | -5.2% |
| South Korea | 3.3 | 3.7 | 1.4 | 2.7 | -6.5% |
| Taiwan (Chinese) | 0.6 | 0.5 | 1.6 | 1.6 | 38.7% |
| Japan | 1.3 | 0.8 | 1.2 | 1.2 | -2.6% |
| India | 0.6 | 1.6 | 0.7 | 1.0 | 18.6% |
| Germany | 1.1 | 0.5 | 0.2 | 0.6 | -18.3% |
| Others | 2.6 | 1.9 | 1.5 | 2.0 | -8.4% |
| Total | 26.3 | 31.1 | 23.6 | 27.3 | 1.3% |
Top Suppliers of Mineral Wool to Vietnam in 2022:
- China (11.3K tons)
- Thailand (2.2K tons)
- South Korea (2.1K tons)
- Taiwan (Chinese) (1.0K tons)
- Japan (0.8K tons)
- India (0.7K tons)
- Germany (0.5K tons)
Mineral Wool Exports in Vietnam
In 2022, shipments abroad of slag wool, rock wool and similar mineral wools and mixtures was finally on the rise to reach 295 tons after two years of decline. Over the period under review, exports, however, showed a abrupt decline.
In value terms, mineral wool exports soared to $454K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.
| Export of Mineral Wool in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 264 | 187 | 206 | 316 | 6.2% |
| Thailand | 5.5 | 98.6 | 32.9 | 81.4 | 145.5% |
| Lao People's Democratic Republic | 9.9 | 49.4 | 10.4 | 39.1 | 58.1% |
| South Korea | 24.6 | 18.3 | 2.8 | 18.1 | -9.7% |
| Brunei Darussalam | 112 | 169 | N/A | N/A | 50.9% |
| Indonesia | 111 | N/A | N/A | N/A | 0% |
| Philippines | 162 | N/A | 17.9 | N/A | -66.8% |
| Singapore | N/A | 22.4 | 12.7 | N/A | -43.3% |
| Others | 136 | 33.6 | 48.1 | N/A | -40.5% |
| Total | 825 | 578 | 331 | 454 | -18.1% |
Top Export Markets for Mineral Wool from Vietnam in 2022:
- Cambodia (203.3 tons)
- Thailand (54.2 tons)
- Lao People's Democratic Republic (25.9 tons)
- South Korea (11.9 tons)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
847
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1012
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
712
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
847
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1012
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
