Report Update Apr 1, 2024

Vietnam - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: O-Xylene Market 2024

O-Xylene Market Size in Vietnam

In 2022, the Vietnamese o-xylene market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, recorded a pronounced expansion. O-xylene consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

O-Xylene Production in Vietnam

In value terms, o-xylene production fell to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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O-Xylene Exports

Exports from Vietnam

After two years of growth, overseas shipments of o-xylene decreased by X% to X tons in 2018. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

In value terms, o-xylene exports fell notably to $X in 2018. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for o-xylene exports from Vietnam, with a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Singapore amounted to X%.

In value terms, Singapore ($X) emerged as the key foreign market for o-xylene exports from Vietnam.

From 2012 to 2018, the average annual growth rate of value to Singapore amounted to X%.

Export Prices by Country

In 2018, the average o-xylene export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2018, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2018, the rate of growth in terms of prices for Cambodia amounted to X% per year.

O-Xylene Imports

Imports into Vietnam

In 2022, overseas purchases of o-xylene decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, o-xylene imports shrank sharply to $X in 2022. Overall, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest o-xylene supplier to Vietnam, with a X% share of total imports. Moreover, o-xylene imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2012 to 2022, 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: Germany (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of o-xylene to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a slight expansion. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The country with the largest volume of o-xylene consumption was India, accounting for 23% of total volume. Moreover, o-xylene consumption in India exceeded the figures recorded by the second-largest consumer, the UK, twofold. The third position in this ranking was held by Singapore, with a 7.6% share.

What are the largest producers of o-xylene in the world?

The country with the largest volume of o-xylene production was India, accounting for 30% of total volume. Moreover, o-xylene production in India exceeded the figures recorded by the second-largest producer, Singapore, twofold. The UK ranked third in terms of total production with an 11% share.

What are the leading suppliers of o-xylene to Vietnam?

In value terms, China constituted the largest supplier of o-xylene to Vietnam, comprising 63% of total imports. The second position in the ranking was taken by Germany, with a 29% share of total imports.

What are the leading importers of o-xylene from Vietnam?

In value terms, Singapore emerged as the key foreign market for o-xylene exports from Vietnam.

What is the average export price for o-xylene in Vietnam?

In 2018, the average o-xylene export price amounted to $873 per ton, surging by 6.5% against the previous year.

What is the average import price for o-xylene in Vietnam?

The average o-xylene import price stood at $1,439 per ton in 2022, jumping by 57% against the previous year.

This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023