Vietnam - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Binder Price in Vietnam - 2022
Contents:
- Polyethylene Binder Price in Vietnam (FOB) - 2022
- Polyethylene Binder Price in Vietnam (CIF) - 2022
- Polyethylene Binder Exports in Vietnam
- Polyethylene Binder Imports in Vietnam
Polyethylene Binder Price in Vietnam (FOB) - 2022
The average polyethylene binder export price stood at $2,078 per ton in 2022, reducing by -8.6% against the previous year. Over the period under review, the export price showed a mild descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 21%. The export price peaked at $2,441 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($2,401 per ton), while the average price for exports to Peru ($1,440 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 Australia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Binder Price in Vietnam (CIF) - 2022
The average polyethylene binder import price stood at $2,318 per ton in 2022, shrinking by -6.8% against the previous year. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 21%. Over the period under review, average import prices hit record highs at $2,781 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($3,171 per ton), while the price for Singapore ($701 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Polyethylene Binder Exports in Vietnam
In 2022, approx. 9.3K tons of polyethylene or polypropylene binder or baler (agricultural) twines were exported from Vietnam; approximately mirroring 2021 figures. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 decreased by -0.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 57%. As a result, the exports attained the peak of 9.3K tons; afterwards, it flattened through to 2022.
In value terms, polyethylene binder exports shrank to $19M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +69.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year.
| Export of Polyethylene Binder in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 7.7 | 12.5 | 12.2 | 92.9% |
| Japan | 3.8 | 3.3 | 3.0 | 2.3 | -15.4% |
| New Zealand | 1.9 | 1.3 | 1.9 | 1.2 | -14.2% |
| Australia | 1.2 | 1.3 | 1.0 | 0.9 | -9.1% |
| Venezuela | 0.5 | 0.6 | 0.5 | 0.5 | 0.0% |
| Mexico | 0.7 | 1.5 | 0.5 | 0.4 | -17.0% |
| Peru | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| South Korea | 0.5 | 0.3 | 0.3 | 0.1 | -41.5% |
| Others | 0.7 | 0.9 | 0.9 | 1.1 | 16.3% |
| Total | 11.3 | 17.5 | 21.0 | 19.2 | 19.3% |
Top Export Markets for Polyethylene Binder from Vietnam in 2022:
- United States (5.8K tons)
- Japan (1.2K tons)
- Australia (0.5K tons)
- New Zealand (0.5K tons)
- Peru (0.3K tons)
- Mexico (0.2K tons)
- Venezuela (0.2K tons)
- South Korea (0.1K tons)
Polyethylene Binder Imports in Vietnam
In 2022, after two years of decline, there was significant growth in overseas purchases of polyethylene or polypropylene binder or baler (agricultural) twines, when their volume increased by 38% to 159 tons. Overall, imports, however, showed a precipitous contraction.
In value terms, polyethylene binder imports surged to $368K in 2022. In general, imports, however, saw a precipitous slump.
| Import of Polyethylene Binder in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 570 | 275 | 190 | 320 | -17.5% |
| South Korea | 6.3 | 37.4 | 15.4 | 22.2 | 52.2% |
| Malaysia | 21.7 | 20.9 | 21.0 | 6.3 | -33.8% |
| Taiwan (Chinese) | 14.7 | 28.9 | 13.9 | 5.2 | -29.3% |
| Singapore | 5.4 | 8.5 | 8.2 | 2.4 | -23.7% |
| Japan | 83.1 | 32.3 | 8.3 | 0.4 | -83.1% |
| Others | 52.6 | 48.1 | 28.4 | 11.4 | -39.9% |
| Total | 754 | 451 | 285 | 368 | -21.3% |
Top Suppliers of Polyethylene Binder to Vietnam in 2022:
- China (136.2 tons)
- South Korea (9.8 tons)
- Malaysia (3.9 tons)
- Singapore (3.4 tons)
- Taiwan (Chinese) (2.1 tons)
- Japan (0.1 tons)
This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
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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