Vietnam - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

Vietnam: Compound Plasticisers Market Overview 2020

Compound Plasticisers Market Size in Vietnam

The revenue of the compound plasticisers market in Viet Nam amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, compound plasticisers consumption continues to indicate remarkable growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Compound plasticisers consumption peaked at $X in 2014; afterwards, it flattened through to 2018.

Compound Plasticisers Exports

Exports from Vietnam

In 2018, the exports of compound plasticisers for rubber or plastics from Viet Nam amounted to X tonnes, picking up by X% against the previous year. In general, compound plasticisers exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, compound plasticisers exports amounted to $X in 2018. In general, compound plasticisers exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Russia (X tonnes), Saudi Arabia (X tonnes) and Cambodia (X tonnes) were the main destinations of compound plasticisers exports from Viet Nam, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Cambodia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for compound plasticisers exports from Viet Nam, comprising X% of total compound plasticisers exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2018, the average compound plasticisers export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the compound plasticisers export price, however, continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, the average export prices for compound plasticisers for rubber or plastics reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Cambodia ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia, while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports

Imports into Vietnam

In 2018, the imports of compound plasticisers for rubber or plastics into Viet Nam totaled X tonnes, surging by X% against the previous year. Over the period under review, compound plasticisers imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, compound plasticisers imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, compound plasticisers imports stood at $X in 2018. Over the period under review, compound plasticisers imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, compound plasticisers imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of compound plasticisers to Viet Nam, with a X% share of total imports. Moreover, compound plasticisers imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tonnes), threefold. The third position in this ranking was occupied by Taiwan, Chinese (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Taiwan, Chinese (-X% per year).

In value terms, China ($X) constituted the largest supplier of compound plasticisers to Viet Nam, comprising X% of total compound plasticisers imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2018, the average compound plasticisers import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the compound plasticisers import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for compound plasticisers for rubber or plastics attained their maximum at $X per tonne in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform