Vietnam - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in Vietnam - 2021
Contents:
- Price for Refined or Synthetic Glycerol in Vietnam (CIF) - 2022
- Price for Refined or Synthetic Glycerol in Vietnam (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in Vietnam
- Exports of Refined or Synthetic Glycerol in Vietnam
Price for Refined or Synthetic Glycerol in Vietnam (CIF) - 2022
The average refined or synthetic glycerol import price stood at $899 per ton in 2022, which is down by -13.7% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined or synthetic glycerol import price increased by +24.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. The import price peaked at $1,087 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($1,471 per ton), while the price for the United States ($653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined or Synthetic Glycerol in Vietnam (FOB) - 2022
The average refined or synthetic glycerol export price stood at $877 per ton in 2022, dropping by -13% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined or synthetic glycerol export price increased by +6.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45%. As a result, the export price attained the peak level of $1,086 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($1,006 per ton) and Lao People's Democratic Republic ($988 per ton), while the average price for exports to Malaysia ($761 per ton) and Taiwan (Chinese) ($852 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 the Philippines (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined or Synthetic Glycerol in Vietnam
In 2022, the amount of refined or synthetic glycerol imported into Vietnam shrank to 14K tons, dropping by -6% on the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 14%. As a result, imports attained the peak of 15K tons, and then dropped in the following year.
In value terms, refined or synthetic glycerol imports dropped remarkably to $13M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 +30.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61%. As a result, imports reached the peak of $16M, and then reduced sharply in the following year.
| Import of Refined or Synthetic Glycerol in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.5 | 5.0 | 7.3 | 5.8 | -3.7% |
| Indonesia | 2.1 | 3.4 | 7.1 | 5.6 | 38.7% |
| Philippines | 0.6 | 0.6 | 0.5 | 0.3 | -20.6% |
| United States | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| Thailand | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
| Others | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
| Total | 10.2 | 9.8 | 15.7 | 12.7 | 7.6% |
Top Suppliers of Refined or Synthetic Glycerol to Vietnam in 2022:
- Malaysia (6.7K tons)
- Indonesia (6.2K tons)
- United States (0.4K tons)
- Philippines (0.2K tons)
- Thailand (0.2K tons)
Exports of Refined or Synthetic Glycerol in Vietnam
In 2022, refined or synthetic glycerol exports from Vietnam surged to 111 tons, rising by 67% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 412% against the previous year. As a result, the exports attained the peak of 156 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, refined or synthetic glycerol exports skyrocketed to $97K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 333%. As a result, the exports reached the peak of $128K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Refined or Synthetic Glycerol in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2.8 | 32.3 | 22.5 | 37.8 | 138.1% |
| Cambodia | 18.6 | 51.0 | 27.6 | 36.3 | 25.0% |
| Malaysia | 5.2 | 31.3 | 13.4 | 17.6 | 50.1% |
| Lao People's Democratic Republic | 1.6 | 3.4 | 2.2 | 2.9 | 21.9% |
| Others | 1.2 | 9.8 | 1.2 | 2.7 | 31.0% |
| Total | 29.5 | 128 | 66.8 | 97.3 | 48.9% |
Top Export Markets for Refined or Synthetic Glycerol from Vietnam in 2022:
- Taiwan (Chinese) (44.4 tons)
- Cambodia (38.8 tons)
- Malaysia (23.1 tons)
- Lao People's Democratic Republic (2.9 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
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.
-
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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