Vietnam - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in Vietnam - 2022
Contents:
- Price for Polypropylene in Primary Forms in Vietnam (CIF) - 2022
- Price for Polypropylene in Primary Forms in Vietnam (FOB) - 2022
- Imports of Polypropylene in Primary Forms in Vietnam
- Exports of Polypropylene in Primary Forms in Vietnam
Price for Polypropylene in Primary Forms in Vietnam (CIF) - 2022
The average polypropylene in primary forms import price stood at $1,251 per ton in 2022, dropping by -3% against the previous year. Overall, the import price saw a mild curtailment. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. The import price peaked at $1,577 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.0% per year.
Price for Polypropylene in Primary Forms in Vietnam (FOB) - 2022
The average polypropylene in primary forms export price stood at $1,179 per ton in 2022, waning by -11.6% against the previous year. In general, the export price showed a mild contraction. The growth pace was the most rapid in 2020 when the average export price increased by 13%. The export price peaked at $1,522 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($1,318 per ton), while the average price for exports to the United Arab Emirates stood at $280 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Polypropylene in Primary Forms in Vietnam
In 2022, overseas purchases of polypropylene in primary forms decreased by -4.9% to 983K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of 1M tons, and then fell in the following year.
In value terms, polypropylene in primary forms imports declined to $1.2B in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports attained the peak of $1.3B, and then declined in the following year.
| Import of Polypropylene in Primary Forms in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.1 | 21.0 | 23.7 | 1,229 | 486.2% |
| Thailand | 126 | 79.4 | 80.5 | N/A | -20.1% |
| Oman | 25.5 | 20.8 | 26.5 | N/A | 1.9% |
| South Korea | 276 | 253 | 397 | N/A | 19.9% |
| Japan | 34.8 | 32.9 | 52.3 | N/A | 22.6% |
| China | 158 | 138 | 260 | N/A | 28.3% |
| India | 50.6 | 54.5 | 41.7 | N/A | -9.2% |
| Singapore | 36.0 | 24.5 | 29.0 | N/A | -10.2% |
| Taiwan (Chinese) | 70.9 | 72.9 | 84.5 | N/A | 9.2% |
| Saudi Arabia | 318 | 306 | 262 | N/A | -9.2% |
| Others | 116 | 122 | 76.2 | N/A | -19.0% |
| Total | 1,218 | 1,125 | 1,334 | 1,229 | 0.3% |
Top Suppliers of Polypropylene in Primary Forms to Vietnam in 2022:
- United Arab Emirates (982.8K tons)
Exports of Polypropylene in Primary Forms in Vietnam
Polypropylene in primary forms exports from Vietnam declined to 346K tons in 2022, reducing by -6.7% against the year before. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports reached the peak of 371K tons, and then reduced in the following year.
In value terms, polypropylene in primary forms exports dropped remarkably to $408M in 2022. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +27.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $495M, and then dropped markedly in the following year.
| Export of Polypropylene in Primary Forms in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 2.7 | 0.9 | 2.2 | 395 | 426.9% |
| United Arab Emirates | 0.1 | N/A | N/A | 13.0 | 406.6% |
| China | 172 | 180 | 65.5 | N/A | -38.3% |
| India | 27.3 | 2.7 | 16.2 | N/A | -23.0% |
| Indonesia | 85.9 | 68.2 | 133 | N/A | 24.4% |
| Philippines | 33.0 | 16.5 | 24.3 | N/A | -14.2% |
| Bangladesh | 9.8 | 21.5 | 48.4 | N/A | 122.2% |
| Others | 30.0 | 31.1 | 206 | N/A | 162.0% |
| Total | 361 | 321 | 495 | 408 | 4.2% |
Top Export Markets for Polypropylene in Primary Forms from Vietnam in 2022:
- Myanmar (299.7K tons)
- United Arab Emirates (46.2K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms
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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This report provides an in-depth analysis of the market for polypropylene in primary forms in Vietnam.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Vietnam.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
394
This report provides an in-depth analysis of the market for polypropylene in primary forms in Vietnam.
64
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Vietnam.
920
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
251
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
251
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
651
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
98
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
