Vietnam - Polymethyl Methacrylate In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolymethyl Methacrylate Price in Vietnam - 2021
Contents:
- Polymethyl Methacrylate Price in Vietnam (CIF) - 2022
- Polymethyl Methacrylate Price in Vietnam (FOB) - 2022
- Polymethyl Methacrylate Imports in Vietnam
- Polymethyl Methacrylate Exports in Vietnam
Polymethyl Methacrylate Price in Vietnam (CIF) - 2022
In 2022, the average polymethyl methacrylate import price amounted to $2,577 per ton, shrinking by -4.5% against the previous year. Overall, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The import price peaked at $2,867 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($3,273 per ton) and Singapore ($2,679 per ton), while the price for Malaysia ($2,395 per ton) and Thailand ($2,401 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Polymethyl Methacrylate Price in Vietnam (FOB) - 2022
The average polymethyl methacrylate export price stood at $1,168 per ton in 2022, with an increase of 4.1% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 an increase of 10% against the previous year. The export price peaked at $1,866 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2,157 per ton), while the average price for exports to Indonesia ($963 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 Singapore (+1.4%), while the prices for the other major destinations experienced a decline.
Polymethyl Methacrylate Imports in Vietnam
In 2022, overseas purchases of polymethyl methacrylate in primary forms decreased by -0.8% to 9.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year.
In value terms, polymethyl methacrylate imports shrank to $24M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $26M, and then shrank in the following year.
| Import of Polymethyl Methacrylate in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.5 | 4.0 | 5.0 | 31.5% |
| Singapore | 2.6 | 3.4 | 3.6 | 4.6 | 20.9% |
| Thailand | 3.0 | 3.0 | 2.9 | 4.0 | 10.1% |
| Taiwan (Chinese) | 2.3 | 2.4 | 2.5 | 3.2 | 11.6% |
| Japan | 1.5 | 1.4 | 1.4 | 2.0 | 10.1% |
| South Korea | 7.2 | 7.4 | 8.2 | 1.4 | -42.1% |
| Indonesia | 0.3 | 0.8 | 1.0 | 1.3 | 63.0% |
| Malaysia | 0.8 | 0.8 | 0.7 | 1.0 | 7.7% |
| Others | 1.0 | 1.5 | 1.5 | 1.9 | 23.9% |
| Total | 20.9 | 23.1 | 25.8 | 24.4 | 5.3% |
Top Suppliers of Polymethyl Methacrylate to Vietnam in 2022:
- China (1.9K tons)
- Singapore (1.7K tons)
- Thailand (1.7K tons)
- Taiwan (Chinese) (1.3K tons)
- Japan (0.7K tons)
- Indonesia (0.5K tons)
- Malaysia (0.4K tons)
- South Korea (0.4K tons)
Polymethyl Methacrylate Exports in Vietnam
In 2022, overseas shipments of polymethyl methacrylate in primary forms decreased by -11.1% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume 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, exports increased by +59.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then dropped in the following year.
In value terms, polymethyl methacrylate exports dropped to $2.6M in 2022. The total export value increased at an average annual rate of +9.7% 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 exports increased by 21%.
| Export of Polymethyl Methacrylate in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 556 | 994 | 1,242 | 1,117 | 26.2% |
| Myanmar | 20.5 | 263 | 544 | 445 | 179.0% |
| Singapore | 505 | 74.5 | 278 | 299 | -16.0% |
| Malaysia | 355 | 213 | 266 | 295 | -6.0% |
| Cambodia | 88.1 | 142 | 64.7 | 108 | 7.0% |
| Indonesia | 146 | 50.4 | 35.5 | 84.4 | -16.7% |
| Thailand | 93.9 | 121 | 128 | 83.5 | -3.8% |
| Bangladesh | N/A | 330 | 103 | N/A | -68.8% |
| Others | 193 | 188 | 131 | 152 | -7.7% |
| Total | 1,957 | 2,376 | 2,792 | 2,584 | 9.7% |
Top Export Markets for Polymethyl Methacrylate from Vietnam in 2022:
- China (1115.7 tons)
- Myanmar (440.6 tons)
- Malaysia (253.5 tons)
- Singapore (138.6 tons)
- Indonesia (87.7 tons)
- Cambodia (70.7 tons)
- Thailand (60.0 tons)
This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, 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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