Report Update: May 1, 2024

Vietnam - Plastics Household Articles And Toilet Articles - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Household Ware Price in Vietnam - 2022

Plastic Household Ware Price in Vietnam (FOB) - 2022

In 2022, the average plastic household ware export price amounted to $5,752 per ton, rising by 3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $6,561 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($5,776 per ton) and the United States ($5,762 per ton), while the average price for exports to Cambodia ($5,722 per ton) and South Korea ($5,726 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 the UK (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Price in Vietnam (CIF) - 2022

The average plastic household ware import price stood at $6,431 per ton in 2022, surging by 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($6,572 per ton) and Malaysia ($6,559 per ton), while the price for Mexico ($6,178 per ton) and the United States ($6,199 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Household Ware Exports in Vietnam

In 2022, plastic household ware exports from Vietnam was estimated at 61K tons, with an increase of 5.7% on the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, plastic household ware exports expanded markedly to $352M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +51.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Plastic Household Ware in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	93.6	141	194	223	33.6%
Japan	34.3	38.8	34.2	34.9	0.6%
Cambodia	15.2	14.3	13.9	15.8	1.3%
South Korea	8.2	10.9	13.9	11.9	13.2%
United Kingdom	10.4	9.4	7.6	8.8	-5.4%
Germany	15.2	13.7	15.1	8.2	-18.6%
Canada	5.4	4.9	5.0	7.1	9.6%
China	6.6	5.8	5.8	2.5	-27.6%
Others	42.9	34.7	33.5	40.0	-2.3%
Total	232	273	323	352	14.9%

Top Export Markets for Plastic Household Ware from Vietnam in 2022:

United States (38.7K tons)
Japan (6.1K tons)
Cambodia (2.8K tons)
South Korea (2.1K tons)
United Kingdom (1.5K tons)
Germany (1.4K tons)
Canada (1.2K tons)
China (0.4K tons)

Plastic Household Ware Imports in Vietnam

In 2022, imports of plastics household articles and toilet articles into Vietnam soared to 12K tons, picking up by 19% compared with 2021. The total import volume 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 in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware imports surged to $79M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Plastic Household Ware in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	25.9	28.7	36.4	44.1	19.4%
Thailand	7.7	6.5	5.4	8.3	2.5%
Indonesia	1.7	3.5	4.6	6.4	55.6%
South Korea	1.5	2.3	2.9	3.6	33.9%
Japan	4.7	3.6	3.2	3.4	-10.2%
United States	1.6	1.9	1.7	2.7	19.1%
Malaysia	0.7	0.7	1.2	2.4	50.8%
Germany	0.3	0.3	1.7	2.3	97.2%
Mexico	0.1	0.2	0.5	1.6	152.0%
Taiwan (Chinese)	1.7	1.1	1.0	1.3	-8.6%
Others	3.4	1.9	1.9	2.6	-8.6%
Total	49.4	50.8	60.6	78.8	16.8%

Top Suppliers of Plastic Household Ware to Vietnam in 2022:

China (6.8K tons)
Thailand (1.3K tons)
Indonesia (1.0K tons)
South Korea (0.6K tons)
Japan (0.5K tons)
United States (0.4K tons)
Malaysia (0.4K tons)
Germany (0.4K tons)
Mexico (0.3K tons)
Taiwan (Chinese) (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic household ware 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 22292320 - Tableware and kitchenware of plastic
Prodcom 22292350 -
Prodcom 22292390 -

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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