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Vietnam - Oxirane (Ethylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Oxide Price in Vietnam - 2021
Contents:
- Ethylene Oxide Price in Vietnam (CIF) - 2022
- Ethylene Oxide Price in Vietnam (FOB) - 2022
- Ethylene Oxide Imports in Vietnam
- Ethylene Oxide Exports in Vietnam
Ethylene Oxide Price in Vietnam (CIF) - 2022
In 2022, the average ethylene oxide import price amounted to $1,833 per ton, with a decrease of -20.8% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 35%. As a result, import price attained the peak level of $4,337 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($3,197 per ton), while the price for Thailand ($1,095 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Oxide Price in Vietnam (FOB) - 2022
The average ethylene oxide export price stood at $2,405 per ton in 2022, rising by 8.1% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The export price peaked at $6,771 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($4,075 per ton), while the average price for exports to the Philippines totaled $2,335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (-4.9%), while the prices for the other major destinations experienced a decline.
Ethylene Oxide Imports in Vietnam
For the fourth year in a row, Vietnam recorded growth in purchases abroad of oxirane (ethylene oxide), which increased by 5.4% to 790 tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ethylene oxide imports fell remarkably to $1.4M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of $1.7M, and then shrank rapidly in the following year.
Import of Ethylene Oxide in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 240 | 266 | 228 | 450 | 23.3% |
India | 469 | 491 | 517 | 365 | -8.0% |
South Korea | 115 | 11.1 | 163 | 228 | 25.6% |
China | 79.6 | 208 | 317 | 213 | 38.8% |
Malaysia | 13.1 | 16.6 | 42.0 | 58.7 | 64.9% |
Hong Kong SAR | 15.3 | 10.9 | 23.0 | 58.3 | 56.2% |
United States | 37.5 | 31.2 | 65.5 | 56.9 | 14.9% |
Others | 57.8 | 126 | 379 | 18.9 | -31.1% |
Total | 1,027 | 1,162 | 1,735 | 1,448 | 12.1% |
Top Suppliers of Ethylene Oxide to Vietnam in 2022:
- India (261.5 tons)
- Belgium (216.2 tons)
- China (116.2 tons)
- South Korea (111.8 tons)
- United States (27.6 tons)
- Hong Kong SAR (22.7 tons)
- Malaysia (18.4 tons)
Ethylene Oxide Exports in Vietnam
In 2022, overseas shipments of oxirane (ethylene oxide) were finally on the rise to reach 84 kg after two years of decline. Overall, exports, however, recorded a deep setback.
In value terms, ethylene oxide exports expanded remarkably to $202 in 2022. In general, exports, however, saw a abrupt contraction.
Export of Ethylene Oxide in Vietnam (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 259 | 202 | 137 | 188 | -10.1% |
Cambodia | 22.0 | 13.0 | 43.0 | 14.0 | -14.0% |
Others | N/A | 10.0 | N/A | N/A | 0% |
Total | 281 | 225 | 180 | 202 | -10.4% |
Top Export Markets for Ethylene Oxide from Vietnam in 2022:
- Philippines (81.0 kg)
- Cambodia (3.0 kg)
This report provides an in-depth analysis of the ethylene oxide 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 20146373 - Oxirane (ethylene oxide)
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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