Vietnam - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in Vietnam - 2022
Contents:
- Plastic Support Price in Vietnam (CIF) - 2022
- Plastic Support Price in Vietnam (FOB) - 2022
- Plastic Support Imports in Vietnam
- Plastic Support Exports in Vietnam
Plastic Support Price in Vietnam (CIF) - 2022
In December 2022, the average plastic support import price amounted to $7,230 per ton, stabilizing at the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 9.1% m-o-m. Over the period under review, average import prices attained the peak figure in December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Denmark ($7,510 per ton) and Turkey ($7,510 per ton), while the price for South Korea ($6,733 per ton) and Taiwan (Chinese) ($6,975 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Support Price in Vietnam (FOB) - 2022
The average plastic support export price stood at $5,301 per ton in 2022, with a decrease of -10.7% against the previous year. Over the period under review, the export price saw a mild descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 24%. The export price peaked at $5,964 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($5,885 per ton) and the United States ($5,885 per ton), while the average price for exports to Myanmar ($5,284 per ton) and China ($5,627 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 Thailand (+0.2%), while the prices for the other major destinations experienced a decline.
Plastic Support Imports in Vietnam
In 2022, overseas purchases of spools, cops and similar supports of plastics were finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a mild shrinkage.
In value terms, plastic support imports reached $117M in 2022. Overall, imports, however, recorded a mild curtailment.
Import of Plastic Support in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 50.9 | 64.1 | 59.1 | 72.6 | 12.6% |
Hong Kong SAR | 1.4 | 1.1 | 3.5 | 9.9 | 91.9% |
South Korea | 18.9 | 11.0 | 7.7 | 7.2 | -27.5% |
Japan | 8.3 | 7.4 | 5.5 | 6.2 | -9.3% |
Turkey | 1.0 | 1.4 | 1.3 | 3.0 | 44.2% |
Taiwan (Chinese) | 5.0 | 4.8 | 5.4 | 2.5 | -20.6% |
United States | 3.2 | 3.2 | 2.4 | 2.2 | -11.7% |
India | 2.2 | 0.9 | 1.5 | 1.5 | -12.0% |
Malaysia | 7.8 | 7.3 | 7.4 | 1.0 | -49.6% |
Thailand | 12.7 | 13.3 | 7.8 | N/A | -21.6% |
Others | 8.9 | 7.7 | 9.3 | 10.3 | 5.0% |
Total | 120 | 122 | 111 | 117 | -0.8% |
Top Suppliers of Plastic Support to Vietnam in 2022:
- Thailand (undefinedK tons)
- China (11.5K tons)
- Hong Kong SAR (1.7K tons)
- South Korea (1.2K tons)
- Turkey (0.8K tons)
- Japan (0.5K tons)
- United States (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- India (0.3K tons)
- Malaysia (0.2K tons)
Plastic Support Exports in Vietnam
In 2022, the amount of spools, cops and similar supports of plastics exported from Vietnam rose notably to 6.5K tons, picking up by 13% against 2021. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 7.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plastic support exports stood at $34M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $35M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Plastic Support in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.1 | N/A | N/A | 33.0 | 591.0% |
South Korea | 1.6 | 1.8 | 1.9 | 0.5 | -32.1% |
Cambodia | 2.6 | 2.3 | 2.5 | 0.2 | -57.5% |
Japan | 4.8 | 6.0 | 5.9 | 0.1 | -72.5% |
United States | 8.2 | 11.5 | 12.3 | 0.1 | -77.0% |
Thailand | 1.4 | 2.0 | 1.8 | N/A | 13.4% |
Indonesia | 0.8 | 0.8 | 0.7 | N/A | -6.5% |
Philippines | 1.1 | 1.6 | 1.6 | N/A | 20.6% |
Mexico | 0.6 | 1.3 | 0.9 | N/A | 22.5% |
Others | 5.1 | 7.5 | 6.5 | 0.4 | -57.2% |
Total | 26.1 | 34.8 | 34.0 | 34.4 | 9.6% |
Top Export Markets for Plastic Support from Vietnam in 2022:
- Myanmar (6244.5 tons)
- South Korea (94.2 tons)
- Cambodia (37.4 tons)
- Japan (18.3 tons)
- United States (14.7 tons)
- Thailand (4.2 tons)
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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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