Vietnam: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Vietnam

The Vietnamese market for self-adhesive plastic tape in rolls of a width under Xcm stood at $X in 2022, increasing 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). In general, consumption, however, continues to indicate prominent growth. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Vietnam

In 2022, the amount of self-adhesive plastic tape in rolls of a width under Xcm exported from Vietnam shrank to X tons, with a decrease of X% compared with the year before. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm reduced to $X in 2022. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

The United States (X tons), Japan (X tons) and Cambodia (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under Xcm from Vietnam, with a combined X% share of total exports. Mexico, the United Arab Emirates, China, Thailand, Indonesia, Hong Kong SAR, Iraq, South Korea, India and Myanmar lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Cambodia ($X) were the largest markets for self-adhesive plastic tape in rolls of a width under Xcm exported from Vietnam worldwide, together accounting for X% of total exports. Mexico, China, Thailand, Indonesia, Hong Kong SAR, Iraq, South Korea, the United Arab Emirates, India and Myanmar lagged somewhat behind, together comprising a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, surging by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Myanmar ($X 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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Vietnam

In 2022, imports of self-adhesive plastic tape in rolls of a width under Xcm into Vietnam declined modestly to X tons, waning by X% on the year before. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm reached $X in 2022. In general, imports, however, posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Japan (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under Xcm to Vietnam, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), China ($X) and Japan ($X) constituted the largest self-adhesive plastic tape in rolls of a width under Xcm suppliers to Vietnam, with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and Thailand ($X per ton), while the price for Malaysia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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