Vietnam - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Jute and Jute-Like Fibers in Vietnam - 2021
Contents:
- Price for Jute and Jute-Like Fibers in Vietnam (CIF) - 2022
- Price for Jute and Jute-Like Fibers in Vietnam (FOB) - 2022
- Imports of Jute and Jute-Like Fibers in Vietnam
- Exports of Jute and Jute-Like Fibers in Vietnam
Price for Jute and Jute-Like Fibers in Vietnam (CIF) - 2022
In 2022, the average jute and jute-like fibers import price amounted to $916 per ton, dropping by -1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $957 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,019 per ton), while the price for Bangladesh amounted to $912 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%).
Price for Jute and Jute-Like Fibers in Vietnam (FOB) - 2022
The average jute and jute-like fibers export price stood at $1,818 per ton in 2022, with an increase of 15% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, jute and jute-like fibers export price decreased by -14.6% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 73% against the previous year. As a result, the export price reached the peak level of $2,129 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($17,000 per ton), while the average price for exports to the Netherlands ($995 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 South Korea (+27.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Jute and Jute-Like Fibers in Vietnam
In 2022, the amount of jute and jute-like fibers imported into Vietnam contracted to 872 tons, dropping by -14.7% compared with the previous year. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 42%.
In value terms, jute and jute-like fibers imports declined sharply to $799K in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year.
Import of Jute and Jute-Like Fibers in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 1,233 | 622 | 927 | 775 | -14.3% |
China | N/A | 18.3 | 27.4 | 23.0 | 12.1% |
Others | 34.5 | 2.0 | N/A | 0.8 | -71.5% |
Total | 1,267 | 643 | 955 | 799 | -14.2% |
Top Suppliers of Jute and Jute-Like Fibers to Vietnam in 2022:
- Bangladesh (849.6 tons)
- China (22.6 tons)
Exports of Jute and Jute-Like Fibers in Vietnam
In 2022, the amount of jute and jute-like fibers exported from Vietnam contracted to 496 tons, shrinking by -11.2% compared with 2021 figures. Over the period under review, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 29%.
In value terms, jute and jute-like fibers exports rose slightly to $902K in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.7% against the previous year. As a result, the exports attained the peak of $922K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Jute and Jute-Like Fibers in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 795 | N/A | 759 | 818 | 1.0% |
United States | N/A | N/A | 3.2 | 25.1 | 684.4% |
Netherlands | 8.0 | 334 | 55.8 | 13.0 | 17.6% |
Japan | 11.1 | 188 | N/A | N/A | 1593.7% |
Others | 25.9 | 400 | 63.2 | 45.1 | 20.3% |
Total | 840 | 922 | 881 | 902 | 2.4% |
Top Export Markets for Jute and Jute-Like Fibers from Vietnam in 2022:
- Indonesia (443.6 tons)
- United States (21.5 tons)
- Netherlands (13.1 tons)
This report provides an in-depth analysis of the market for jute and jute-like fibers 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:
- FCL 780 - Jute
- FCL 782 - Jute-like fibres
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
This report provides an in-depth analysis of the market for jute and jute-like fibers in Vietnam.
This report provides an in-depth analysis of the global market for jute and jute-like fibers.
This report provides an in-depth analysis of the market for jute and jute-like fibers in Vietnam.
This report provides an in-depth analysis of the global market for jute and jute-like fibers.
Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018.
In value terms, jute and other textile bast fibers imports amounted to $X in 2016. Overall, it indicated a significant growth from 2007 to 2016: the total imports value decreased at an average annu...
In value terms, yarn of jute imports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...
In value terms, jute and other textile bast fibers exports amounted to $X in 2016. Overall, jute and other textile bast fibers exports continue to indicate a relatively flat trend pattern. Over the...
In value terms, yarn of jute exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over t...
Global jute consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the countries with the highest levels of jute production were India (X thousand tons), Bangladesh (X thousand tons), China (X thousand tons), together accounting for X% of total output.
The United Republic of Tanzania dominates in the global jute trade. In 2014, the United Republic of Tanzania exported X thousand tons of jute totaling X million USD, X% over the previous year. Its primary trading partner was China, where it suppli
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.