Price for Cellulose Acetates; Plasticised, in Primary Forms in Vietnam - 2022
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (CIF) - 2022
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (FOB) - 2022
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam
Price for Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (CIF) - 2022
The average import price for cellulose acetates; plasticised, in primary formses stood at $5,788 per ton in 2022, dropping by -1.5% against the previous year. In general, the import price recorded a perceptible decline. The growth pace was the most rapid in 2017 an increase of 74% against the previous year. As a result, import price attained the peak level of $12,586 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,937 per ton), while the price for India ($1,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.4%), while the prices for the other major suppliers experienced a decline.
Price for Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (FOB) - 2022
In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $9,607 per ton, rising by 7.6% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 74%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2013 to 2022, the rate of growth in terms of prices for the Philippines amounted to +45.0% per year.
Imports of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam
In 2022, overseas purchases of cellulose acetates; plasticised, in primary formses decreased by -7.9% to 30 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cellulose acetates; plasticised, in primary formses contracted to $171K in 2022. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 3%. As a result, imports reached the peak of $372K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 170 | 204 | 87.5 | 100 | -16.2% |
| United States | 39.9 | 33.6 | 48.0 | 24.2 | -15.4% |
| China | 56.7 | 50.2 | 27.8 | 21.8 | -27.3% |
| Netherlands | 21.2 | 16.3 | 6.1 | 6.1 | -34.0% |
| Bulgaria | 10.5 | 8.2 | 2.1 | 3.7 | -29.4% |
| Spain | 3.2 | 3.5 | 1.3 | 1.3 | -25.9% |
| Taiwan (Chinese) | 23.4 | 19.8 | 2.6 | 0.4 | -74.2% |
| Others | 35.7 | 35.8 | 13.2 | 13.3 | -28.0% |
| Total | 361 | 372 | 189 | 171 | -22.0% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Vietnam in 2022:
- Hong Kong SAR (14.2 tons)
- China (8.1 tons)
- Netherlands (3.1 tons)
- United States (1.7 tons)
- Spain (0.5 tons)
- Bulgaria (0.5 tons)
- Taiwan (Chinese) (0.1 tons)
Exports of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam
In 2022, the amount of cellulose acetates; plasticised, in primary formses exported from Vietnam soared to 852 kg, jumping by 134% compared with the previous year. In general, exports, however, continue to indicate a significant contraction.
In value terms, exports of cellulose acetates; plasticised, in primary formses surged to $8.2K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Philippines | 0.3 | 3.2 | 8.2 | 422.8% | |
| Thailand | 9.9 | N/A | N/A | 0% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 10.2 | 3.2 | 8.2 | -10.3% | |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Vietnam in 2022:
- Philippines (852.0 kg)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Vietnam.
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