Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam - 2022

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (FOB) - 2022
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (CIF) - 2022
  3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam
  4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $9,767 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 19%. The export price peaked at $16,674 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($9,767 per ton) and Japan ($9,767 per ton), while the average price for exports to Malaysia ($9,746 per ton) and France ($9,767 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 United States (-0.8%), while the prices for the other major destinations experienced a decline.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (CIF) - 2022

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $4,536 per ton in 2022, which is down by -8.1% against the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $8,569 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($8,995 per ton), while the price for South Korea ($1,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam

After three years of growth, overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -10.5% to 888 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 105%. As a result, the exports reached the peak of 992 tons, and then dropped in the following year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses dropped to $8.7M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 56%.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3,2823,8674,2664,0667.4%
South Korea48.69201,5681,490213.0%
United States8221,2471,917817-0.2%
Russia34.0881219701174.2%
France14924730736935.3%
NetherlandsN/A23.047.0280248.9%
China0.723.7675231591.0%
Canada11817917617313.6%
Others5223614225431.3%
Total4,9767,7489,5998,66920.3%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Vietnam in 2022:

  1. Japan (416.3 tons)
  2. South Korea (152.5 tons)
  3. United States (83.7 tons)
  4. Russia (71.7 tons)
  5. France (37.8 tons)
  6. Netherlands (28.6 tons)
  7. China (23.6 tons)
  8. Canada (17.7 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam

In 2022, purchases abroad of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -47.7% to 396 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 403%. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses shrank rapidly to $1.8M in 2022. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 290%. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6633,5812,5911,37127.4%
South Korea1961,3246272244.6%
Taiwan (Chinese)41599.943888.5-40.3%
United Arab EmiratesN/A13.72.741.574.0%
Others28.359.587.273.337.3%
Total1,3035,0783,7451,79811.3%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Vietnam in 2022:

  1. China (248.8 tons)
  2. South Korea (116.7 tons)
  3. United Arab Emirates (13.1 tons)
  4. Taiwan (Chinese) (9.8 tons)

Source: IndexBox Market Intelligence Platform

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