Vietnam - Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Woven Glass Fibre Articles in Vietnam - 2022
Contents:
- Price for Non-Woven Glass Fibre Articles in Vietnam (CIF) - 2022
- Price for Non-Woven Glass Fibre Articles in Vietnam (FOB) - 2022
- Imports of Non-Woven Glass Fibre Articles in Vietnam
- Exports of Non-Woven Glass Fibre Articles in Vietnam
Price for Non-Woven Glass Fibre Articles in Vietnam (CIF) - 2022
The average non-woven glass fibre articles import price stood at $2,263 per ton in 2022, falling by -7.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 46%. The import price peaked at $3,015 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($2,535 per ton) and the United States ($2,535 per ton), while the price for Taiwan (Chinese) ($2,149 per ton) and China ($2,165 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Woven Glass Fibre Articles in Vietnam (FOB) - 2022
In 2022, the average non-woven glass fibre articles export price amounted to $6,687 per ton, jumping by 20% against the previous year. Overall, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($9,214 per ton), while the average price for exports to Cambodia ($3,242 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 Taiwan (Chinese) (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Woven Glass Fibre Articles in Vietnam
In 2022, approx. 19K tons of non-woven glass fibre webs, felts, mattresses and boards were imported into Vietnam; with an increase of 1.6% compared with the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-woven glass fibre articles imports shrank to $42M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value 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, imports increased by +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year.
| Import of Non-Woven Glass Fibre Articles in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 28.4 | 28.9 | 27.2 | 9.5% |
| South Korea | 2.0 | 5.3 | 5.3 | 4.8 | 33.9% |
| Japan | 1.6 | 2.5 | 5.2 | 4.7 | 43.2% |
| United States | 0.1 | 0.6 | 3.3 | 3.0 | 210.7% |
| Others | 1.9 | 2.7 | 1.9 | 2.4 | 8.1% |
| Total | 26.3 | 39.6 | 44.6 | 42.1 | 17.0% |
Top Suppliers of Non-Woven Glass Fibre Articles to Vietnam in 2022:
- China (12.6K tons)
- Japan (1.9K tons)
- South Korea (1.9K tons)
- United States (1.2K tons)
Exports of Non-Woven Glass Fibre Articles in Vietnam
In 2022, non-woven glass fibre articles exports from Vietnam fell remarkably to 80 tons, with a decrease of -33.9% compared with 2021. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 6.4% against the previous year. As a result, the exports attained the peak of 120 tons, and then declined dramatically in the following year.
In value terms, non-woven glass fibre articles exports reduced remarkably to $532K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, the exports reached the peak of $668K, and then fell rapidly in the following year.
| Export of Non-Woven Glass Fibre Articles in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 32.7 | 164 | 350 | 358 | 122.0% |
| Cambodia | 271 | 36.8 | 82.8 | 107 | -26.6% |
| Lao People's Democratic Republic | 43.6 | 4.8 | 64.4 | 65.8 | 14.7% |
| Thailand | 34.2 | N/A | 3.2 | N/A | -69.4% |
| Japan | N/A | 83.9 | 64.6 | N/A | -23.0% |
| Myanmar | N/A | 90.8 | N/A | N/A | 0% |
| Others | 44.1 | 14.5 | 104 | 1.0 | -71.7% |
| Total | 426 | 395 | 668 | 532 | 7.7% |
Top Export Markets for Non-Woven Glass Fibre Articles from Vietnam in 2022:
- Taiwan (Chinese) (38.8 tons)
- Cambodia (33.1 tons)
- Lao People's Democratic Republic (7.5 tons)
This report provides an in-depth analysis of the market for non-woven glass fibre articles 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 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
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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