Vietnam - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Vietnam - 2022
Contents:
- Price for Benzol, Toluol and Xylol in Vietnam (FOB) - 2022
- Price for Benzol, Toluol and Xylol in Vietnam (CIF) - 2022
- Exports of Benzol, Toluol and Xylol in Vietnam
- Imports of Benzol, Toluol and Xylol in Vietnam
Price for Benzol, Toluol and Xylol in Vietnam (FOB) - 2022
In 2022, the average benzol, toluol and xylol export price amounted to $807 per ton, with an increase of 32% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. The export price peaked at $1,318 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($806 per ton), while the average price for exports to China amounted to $806 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.4%).
Price for Benzol, Toluol and Xylol in Vietnam (CIF) - 2022
The average benzol, toluol and xylol import price stood at $1,241 per ton in 2022, increasing by 52% against the previous year. In general, the import price enjoyed a measured increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure at $1,345 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($1,242 per ton) and South Korea ($1,242 per ton), while the price for Taiwan (Chinese) ($1,230 per ton) and Thailand ($1,242 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Benzol, Toluol and Xylol in Vietnam
In 2022, the amount of benzol (benzene), toluol (toluene) and xylol (xylenes) exported from Vietnam reduced to 24K tons, with a decrease of -8.7% against the previous year. Overall, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. As a result, the exports reached the peak of 27K tons, and then declined in the following year.
In value terms, benzol, toluol and xylol exports soared to $20M in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 106%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Benzol, Toluol and Xylol in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 11.2 | 7.9 | 10.7 | 18.1 | 17.4% |
China | N/A | N/A | 5.5 | 1.4 | -74.5% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 11.2 | 7.9 | 16.3 | 19.6 | 20.5% |
Top Export Markets for Benzol, Toluol and Xylol from Vietnam in 2022:
- Taiwan (Chinese) (22.5K tons)
- China (1.7K tons)
Imports of Benzol, Toluol and Xylol in Vietnam
In 2022, imports of benzol (benzene), toluol (toluene) and xylol (xylenes) into Vietnam skyrocketed to 12K tons, jumping by 31% against 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, benzol, toluol and xylol imports skyrocketed to $15M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Benzol, Toluol and Xylol in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 4.4 | 3.1 | 3.5 | 8.0 | 22.1% |
South Korea | 0.3 | 1.6 | 2.0 | 3.6 | 128.9% |
Japan | N/A | 1.0 | 0.9 | 2.0 | 41.4% |
Taiwan (Chinese) | 0.8 | 0.9 | 1.0 | 1.0 | 7.7% |
Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Total | 5.6 | 6.7 | 7.4 | 14.8 | 38.3% |
Top Suppliers of Benzol, Toluol and Xylol to Vietnam in 2022:
- Thailand (6.5K tons)
- South Korea (2.9K tons)
- Japan (1.6K tons)
- Taiwan (Chinese) (0.8K tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
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
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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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Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...