Vietnam - Sisal Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSisal Binder Price in Vietnam - 2022
Contents:
- Sisal Binder Price in Vietnam (CIF) - 2022
- Sisal Binder Price in Vietnam (FOB) - 2022
- Sisal Binder Imports in Vietnam
- Sisal Binder Exports in Vietnam
Sisal Binder Price in Vietnam (CIF) - 2022
The average sisal binder import price stood at $2,602 per ton in 2022, declining by -4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21% against the previous year. The import price peaked at $2,726 per ton in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,936 per ton), while the price for Brazil ($2,151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+43.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sisal Binder Price in Vietnam (FOB) - 2022
In 2022, the average sisal binder export price amounted to $2,370 per ton, falling by -4.4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 4.8%. Over the period under review, the average export prices reached the maximum at $2,480 per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($21,769 per ton), while the average price for exports to Lao People's Democratic Republic ($1,542 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 Indonesia (+24.8%), while the prices for the other major destinations experienced mixed trend patterns.
Sisal Binder Imports in Vietnam
After three years of growth, purchases abroad of sisal binder or baler (agricultural) twines decreased by -20.2% to 107 tons in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 134 tons, and then reduced rapidly in the following year.
In value terms, sisal binder imports declined rapidly to $279K in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 91%. As a result, imports reached the peak of $366K, and then fell sharply in the following year.
| Import of Sisal Binder in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 85.5 | 176 | 187 | 47.9% |
| China | 54.2 | 73.0 | 134 | 72.9 | 10.4% |
| Taiwan (Chinese) | 39.9 | 10.6 | 17.5 | 8.6 | -40.0% |
| South Korea | 37.6 | 14.9 | 24.2 | 1.7 | -64.4% |
| Hong Kong SAR | 16.6 | N/A | N/A | N/A | 0% |
| Others | 12.3 | 7.5 | 13.8 | 8.1 | -13.0% |
| Total | 161 | 192 | 366 | 279 | 20.1% |
Top Suppliers of Sisal Binder to Vietnam in 2022:
- Brazil (87.0 tons)
- China (14.8 tons)
- Taiwan (Chinese) (3.4 tons)
- South Korea (0.6 tons)
Sisal Binder Exports in Vietnam
In 2022, overseas shipments of sisal binder or baler (agricultural) twines were finally on the rise to reach 432 kg after two years of decline. In general, exports, however, saw a abrupt decline.
In value terms, sisal binder exports expanded rapidly to $1K in 2022. Overall, exports, however, continue to indicate a abrupt contraction.
| Export of Sisal Binder in Vietnam (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 387 | 176 | 217 | 390 | 0.3% |
| Indonesia | 65.0 | 72.0 | 158 | 283 | 63.3% |
| United States | 52.0 | 73.0 | 77.0 | 224 | 62.7% |
| Oman | 109 | 35.0 | 38.0 | 69.0 | -14.1% |
| China | 90.0 | 44.0 | 27.0 | 44.0 | -21.2% |
| New Zealand | N/A | N/A | 183 | N/A | 0% |
| Myanmar | 606 | 376 | 1.0 | N/A | -95.9% |
| Canada | N/A | 337 | 215 | N/A | -36.2% |
| Others | 80.0 | 17.0 | 4.0 | 14.0 | -44.1% |
| Total | 1,389 | 1,130 | 920 | 1,024 | -9.7% |
Top Export Markets for Sisal Binder from Vietnam in 2022:
- Lao People's Democratic Republic (253.0 kg)
- United States (95.0 kg)
- Oman (44.0 kg)
- China (20.0 kg)
- Indonesia (13.0 kg)
This report provides an in-depth analysis of the sisal binder market 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 13941153 - Sisal binder or baler (agricultural) twines
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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