Ketone-Alcohols and Ketone-Aldehydes Price in Vietnam - 2022

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Vietnam (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in Vietnam (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in Vietnam
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in Vietnam

Ketone-Alcohols and Ketone-Aldehydes Price in Vietnam (CIF) - 2022

The average ketone-alcohols and ketone-aldehydes import price stood at $2,783 per ton in 2022, picking up by 9.9% against the previous year. In general, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. The import price peaked at $4,169 per ton in 2018; however, from 2019 to 2022, 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 ($4,146 per ton), while the price for Singapore ($1,573 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in Vietnam (FOB) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes export price amounted to $10,535 per ton, with an increase of 78% against the previous year. Over the period under review, the export price showed a buoyant increase. Over the period under review, the average export prices hit record highs at $13,878 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($11,169 per ton), while the average price for exports to Singapore ($8,617 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 Singapore (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Imports in Vietnam

In 2022, purchases abroad of ketone-alcohols and ketone-aldehydeses decreased by -2.5% to 585 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 624 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, ketone-alcohols and ketone-aldehydes imports expanded notably to $1.6M in 2022. Overall, imports showed a deep slump.

Import of Ketone-Alcohols and Ketone-Aldehydes in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,3231,2525751,228-2.5%
China1301634821300.0%
South Korea35113795.557.9-45.2%
Hong Kong SAR58.521.588.756.1-1.4%
Italy45.525.075.547.81.7%
India4.27.231.920.268.8%
Thailand1.59.329.218.5131.0%
Brazil11.948.656.616.010.4%
Others80.673.884.653.4-12.8%
Total2,0061,7371,5191,628-6.7%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Vietnam in 2022:

  1. Taiwan (Chinese) (412.9 tons)
  2. China (61.8 tons)
  3. Hong Kong SAR (25.0 tons)
  4. South Korea (22.9 tons)
  5. Italy (13.2 tons)
  6. India (10.5 tons)
  7. Thailand (9.6 tons)
  8. Brazil (7.6 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in Vietnam

In 2022, approx. 930 kg of ketone-alcohols and ketone-aldehydeses were exported from Vietnam; rising by 48% on the previous year's figure. In general, exports, however, recorded a precipitous shrinkage.

In value terms, ketone-alcohols and ketone-aldehydes exports soared to $9.8K in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

Export of Ketone-Alcohols and Ketone-Aldehydes in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.97.22.05.814.1%
New Zealand3.92.61.23.5-3.5%
Singapore0.50.70.10.50.0%
ChinaN/A5.3N/AN/A0%
Germany2.7N/AN/AN/A0%
Others2.7N/A0.3N/A-66.7%
Total13.815.93.79.8-10.8%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Vietnam in 2022:

  1. Malaysia (522.0 kg)
  2. New Zealand (348.0 kg)
  3. Singapore (60.0 kg)

Source: IndexBox Market Intelligence Platform

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