Vietnam - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in Vietnam - 2022
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (CIF) - 2022
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (FOB) - 2022
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam
Price for Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (CIF) - 2022
The average import price for lauric acid and other acids, their salts and esters stood at $5,127 per ton in 2022, jumping by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($5,127 per ton) and Indonesia ($5,127 per ton), while the price for Thailand ($5,127 per ton) and Germany ($5,127 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (FOB) - 2022
The average export price for lauric acid and other acids, their salts and esters stood at $5,020 per ton in 2022, rising by 42% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($5,027 per ton) and China ($5,024 per ton), while the average price for exports to Russia ($5,019 per ton) and Malaysia ($5,020 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam
In 2022, approx. 4.3K tons of lauric acid and other acids, their salts and esters were imported into Vietnam; with an increase of 14% on the previous year's figure. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of lauric acid and other acids, their salts and esters skyrocketed to $22M in 2022. Overall, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.5 | 3.7 | 5.6 | 11.4 | 48.2% |
| Indonesia | 1.3 | 1.6 | 2.3 | 3.5 | 39.1% |
| India | 1.4 | 1.6 | 2.3 | 2.1 | 14.5% |
| China | 3.3 | 1.6 | 2.2 | 2.0 | -15.4% |
| Japan | 1.4 | 0.8 | 0.8 | 0.8 | -17.0% |
| Thailand | 0.1 | 0.1 | 0.8 | 0.4 | 58.7% |
| United States | 0.7 | 0.4 | 0.2 | 0.3 | -24.6% |
| Others | 1.7 | 1.4 | 1.4 | 1.3 | -8.6% |
| Total | 13.3 | 11.2 | 15.6 | 21.9 | 18.1% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to Vietnam in 2022:
- Malaysia (2232.2 tons)
- Indonesia (687.9 tons)
- India (406.3 tons)
- China (396.6 tons)
- Japan (158.6 tons)
- Thailand (83.4 tons)
- United States (54.1 tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam
In 2022, exports of lauric acid and other acids, their salts and esters from Vietnam dropped significantly to 32 tons, declining by -53.3% compared with the year before. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 258% against the previous year. As a result, the exports reached the peak of 69 tons, and then reduced notably in the following year.
In value terms, exports of lauric acid and other acids, their salts and esters fell significantly to $161K in 2022. Overall, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 248% against the previous year. As a result, the exports reached the peak of $243K, and then shrank significantly in the following year.
| Export of Lauric Acid and Other Acids, Their Salts and Esters in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.2 | 60.8 | 88.3 | 86.7 | 97.8% |
| Malaysia | 69.4 | N/A | 16.8 | 44.0 | -14.1% |
| Russia | N/A | N/A | N/A | 11.9 | 0% |
| India | 6.2 | N/A | 4.4 | 11.5 | 22.9% |
| Lao People's Democratic Republic | 61.2 | 3.1 | 9.3 | 3.3 | -62.2% |
| China | N/A | N/A | 123 | 1.1 | -99.1% |
| Singapore | 16.0 | 3.1 | N/A | N/A | -80.6% |
| Taiwan (Chinese) | 13.2 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 2.8 | 2.0 | 2.7 | 31.0% |
| Total | 178 | 69.9 | 243 | 161 | -3.3% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from Vietnam in 2022:
- Japan (17.3 tons)
- Malaysia (8.8 tons)
- Russia (2.4 tons)
- India (2.3 tons)
- Lao People's Democratic Republic (0.7 tons)
- China (0.2 tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters 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 20143280 - Lauric acid and others, salts and esters
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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