Vietnam - Zinc Oxide And Zinc Peroxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Oxide Price in Vietnam - 2022
Contents:
- Zinc Oxide Price in Vietnam (FOB) - 2022
- Zinc Oxide Price in Vietnam (CIF) - 2022
- Zinc Oxide Exports in Vietnam
- Zinc Oxide Imports in Vietnam
Zinc Oxide Price in Vietnam (FOB) - 2022
In 2022, the average zinc oxide export price amounted to $2,384 per ton, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2017 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $2,634 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($2,856 per ton) and Spain ($2,407 per ton), while the average price for exports to Australia ($2,064 per ton) and Malaysia ($2,137 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 South Korea (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Oxide Price in Vietnam (CIF) - 2022
The average zinc oxide import price stood at $2,517 per ton in 2022, falling by -9.5% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by +12.2% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 30%. The import price peaked at $2,780 per ton in 2021, and then declined in the following year.
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 South Korea ($3,257 per ton), while the price for Turkey ($1,774 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Zinc Oxide Exports in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of zinc oxide and zinc peroxide, when their volume decreased by -12.7% to 19K tons. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of 22K tons, and then declined in the following year.
In value terms, zinc oxide exports fell to $46M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +41.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $53M, and then declined in the following year.
| Export of Zinc Oxide in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 12.5 | 29.1 | 23.9 | 15.5% |
| Spain | 0.1 | 4.3 | 11.1 | 10.3 | 368.8% |
| Japan | 5.9 | 10.3 | 6.3 | 5.7 | -1.1% |
| Thailand | 1.0 | 1.0 | 1.4 | 1.8 | 21.6% |
| South Korea | 1.9 | 5.4 | 1.9 | 1.7 | -3.6% |
| Malaysia | 2.5 | 1.8 | 1.4 | 1.2 | -21.7% |
| Australia | 1.3 | 1.6 | 0.2 | 0.6 | -22.7% |
| Philippines | 3.6 | 2.0 | 0.7 | 0.2 | -61.8% |
| Others | 0.9 | 0.5 | 0.9 | 0.8 | -3.9% |
| Total | 32.8 | 39.4 | 53.1 | 46.3 | 12.2% |
Top Export Markets for Zinc Oxide from Vietnam in 2022:
- China (10.3K tons)
- Spain (4.3K tons)
- Japan (2.0K tons)
- Thailand (0.8K tons)
- South Korea (0.8K tons)
- Malaysia (0.6K tons)
- Australia (0.3K tons)
- Philippines (0.1K tons)
Zinc Oxide Imports in Vietnam
In 2022, the amount of zinc oxide and zinc peroxide imported into Vietnam contracted to 25K tons, approximately mirroring the previous year. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 2.8% against the previous year. As a result, imports reached the peak of 26K tons, and then fell in the following year.
In value terms, zinc oxide imports dropped to $64M in 2022. The total import value increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $72M, and then fell in the following year.
| Import of Zinc Oxide in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.2 | 20.3 | 22.0 | 23.8 | 11.4% |
| Taiwan (Chinese) | 15.1 | 11.1 | 12.2 | 9.2 | -15.2% |
| South Korea | 11.9 | 7.9 | 10.8 | 7.5 | -14.3% |
| India | 2.7 | 3.1 | 4.6 | 7.1 | 38.0% |
| Mexico | 2.5 | 2.0 | 4.2 | 3.0 | 6.3% |
| Malaysia | 3.5 | 2.9 | 3.9 | 2.8 | -7.2% |
| Thailand | 2.6 | 2.3 | 3.7 | 2.7 | 1.3% |
| Turkey | 0.5 | 0.6 | 3.1 | 2.2 | 63.9% |
| Japan | 1.5 | 1.4 | 1.3 | 0.6 | -26.3% |
| Others | 4.6 | 4.8 | 6.0 | 5.0 | 2.8% |
| Total | 62.2 | 56.4 | 71.8 | 64.1 | 1.0% |
Top Suppliers of Zinc Oxide to Vietnam in 2022:
- China (8.2K tons)
- Taiwan (Chinese) (4.3K tons)
- India (3.5K tons)
- South Korea (2.3K tons)
- Turkey (1.3K tons)
- Mexico (1.3K tons)
- Malaysia (1.2K tons)
- Thailand (1.1K tons)
- Japan (0.2K tons)
This report provides an in-depth analysis of the zinc oxide 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 20121130 - Zinc oxide, zinc peroxide
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 zinc oxide market in Vietnam.
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This report provides an in-depth analysis of the global zinc oxide market.
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This report provides an in-depth analysis of the zinc oxide market in Vietnam.
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This report provides an in-depth analysis of the global zinc oxide market.
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Zinc oxide is a versatile compound with growing global demand in industries such as cosmetics, pharmaceuticals, rubber manufacturing, and ceramics. The top importers of zinc oxide in 2022 were the United States, Germany, Spain, Mexico, France, Vietnam, Poland, Italy, Czech Republic, and the Netherlands. The United States led the pack with an import value of $362.5 million, followed by Germany with $138.7 million and Spain with $120.5 million.
338
Zinc oxide is a versatile compound with growing global demand in industries such as cosmetics, pharmaceuticals, rubber manufacturing, and ceramics. The top importers of zinc oxide in 2022 were the United States, Germany, Spain, Mexico, France, Vietnam, Poland, Italy, Czech Republic, and the Netherlands. The United States led the pack with an import value of $362.5 million, followed by Germany with $138.7 million and Spain with $120.5 million.
