Alcohols; Polyhydric, Pentaerythritol Price in Vietnam - 2021

Contents:

  1. Alcohols; Polyhydric, Pentaerythritol Price in Vietnam (CIF) - 2022
  2. Alcohols; Polyhydric, Pentaerythritol Price in Vietnam (FOB) - 2022
  3. Alcohols; Polyhydric, Pentaerythritol Imports in Vietnam
  4. Alcohols; Polyhydric, Pentaerythritol Exports in Vietnam

Alcohols; Polyhydric, Pentaerythritol Price in Vietnam (CIF) - 2022

In 2022, the average alcohols; polyhydric, pentaerythritol import price amounted to $1,712 per ton, waning by -12.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, import price reached the peak level of $1,953 per ton, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,771 per ton) and Taiwan (Chinese) ($1,708 per ton), while the price for Saudi Arabia ($1,475 per ton) and Sweden ($1,480 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Alcohols; Polyhydric, Pentaerythritol Price in Vietnam (FOB) - 2022

The average alcohols; polyhydric, pentaerythritol export price stood at $1,775 per ton in 2021, growing by 13% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,796 per ton in 2018; afterwards, it flattened through to 2021.

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

From 2018 to 2021, the rate of growth in terms of prices for Thailand amounted to -72.7% per year.

Alcohols; Polyhydric, Pentaerythritol Imports in Vietnam

In 2022, the amount of alcohols; polyhydric, pentaerythritol imported into Vietnam reached 1.7K tons, almost unchanged from the year before. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 2.1%. As a result, imports attained the peak of 1.7K tons; afterwards, it flattened through to 2022.

In value terms, alcohols; polyhydric, pentaerythritol imports fell to $2.9M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of $3.3M, and then contracted in the following year.

Import of Alcohols; Polyhydric, Pentaerythritol in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4401,7612,4472,21915.5%
Saudi Arabia56927463.2194-30.1%
Taiwan (Chinese)179158183168-2.1%
Sweden19051.659.792.1-21.4%
Japan84.371.479.670.2-5.9%
Thailand60.657.070.569.04.4%
Others12311236663.6-19.7%
Total2,6462,4843,2692,8762.8%

Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to Vietnam in 2022:

  1. China (1253.1 tons)
  2. Saudi Arabia (131.5 tons)
  3. Taiwan (Chinese) (98.4 tons)
  4. Sweden (62.2 tons)
  5. Japan (45.8 tons)
  6. Thailand (43.3 tons)

Alcohols; Polyhydric, Pentaerythritol Exports in Vietnam

In 2022, exports of alcohols; polyhydric, pentaerythritol from Vietnam fell significantly to 10 tons, reducing by -41.8% compared with the year before. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 509%. As a result, the exports attained the peak of 18 tons, and then shrank remarkably in the following year.

In value terms, alcohols; polyhydric, pentaerythritol exports contracted dramatically to $18K in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 586% against the previous year. As a result, the exports reached the peak of $32K, and then contracted markedly in the following year.

Export of Alcohols; Polyhydric, Pentaerythritol in Vietnam (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
IndonesiaN/AN/A31.90%
Thailand15.0N/AN/A0%
OthersN/A4.7N/A0%
Total15.04.731.945.8%

Top Export Markets for Alcohols; Polyhydric, Pentaerythritol from Vietnam in 2022:

  1. Indonesia (18.0 tons)

Source: IndexBox Market Intelligence Platform

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