Vietnam - Packaging Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPackaging Materials Price in Vietnam - 2021
Contents:
- Packaging Materials Price in Vietnam (CIF) - 2022
- Packaging Materials Price in Vietnam (FOB) - 2022
- Packaging Materials Imports in Vietnam
- Packaging Materials Exports in Vietnam
Packaging Materials Price in Vietnam (CIF) - 2022
The average packaging materials import price stood at $927 per ton in 2022, shrinking by -6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $992 per ton, and then fell in the following year.
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 South Korea ($1,350 per ton), while the price for Taiwan (Chinese) ($604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Packaging Materials Price in Vietnam (FOB) - 2022
In 2022, the average packaging materials export price amounted to $765 per ton, picking up by 1.9% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2016 when the average export price increased by 11%. Over the period under review, the average export prices attained the peak figure at $1,123 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,145 per ton), while the average price for exports to Myanmar ($445 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 Thailand (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Packaging Materials Imports in Vietnam
Packaging materials imports into Vietnam declined to 1.1M tons in 2022, waning by -8.3% compared with 2021. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 1.2M tons, and then fell in the following year.
In value terms, packaging materials imports fell to $1.1B in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $1.2B, and then shrank in the following year.
Import of Packaging Materials in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.2 | N/A | N/A | 518 | 1273.3% |
China | 218 | 219 | 313 | 99.6 | -23.0% |
Japan | 103 | 80.5 | 118 | 91.6 | -3.8% |
Taiwan (Chinese) | 111 | 90.0 | 99.5 | 80.1 | -10.3% |
South Korea | 191 | 168 | 216 | 76.5 | -26.3% |
Thailand | 59.4 | 52.0 | 61.2 | 43.8 | -9.7% |
Indonesia | 70.3 | 77.1 | 124 | 28.0 | -26.4% |
Malaysia | 16.3 | 12.6 | 21.1 | 20.9 | 8.6% |
United States | 51.1 | 22.5 | 23.2 | 18.9 | -28.2% |
India | 23.0 | 46.7 | 100 | 7.5 | -31.2% |
Others | 119 | 119 | 162 | 78.6 | -12.9% |
Total | 962 | 887 | 1,239 | 1,063 | 3.4% |
Top Suppliers of Packaging Materials to Vietnam in 2022:
- United Arab Emirates (507.1K tons)
- Japan (135.2K tons)
- Taiwan (Chinese) (132.7K tons)
- China (90.1K tons)
- Thailand (68.9K tons)
- South Korea (56.6K tons)
- Malaysia (31.8K tons)
- Indonesia (27.8K tons)
- United States (21.9K tons)
- India (8.8K tons)
Packaging Materials Exports in Vietnam
After three years of growth, shipments abroad of packaging materials decreased by -10.6% to 377K tons in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. As a result, the exports attained the peak of 421K tons, and then dropped in the following year.
In value terms, packaging materials exports reduced to $288M in 2022. The total export value increased at an average annual rate of +11.4% 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 when exports increased by 25%.
Export of Packaging Materials in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 3.9 | 5.0 | 4.3 | 140 | 229.9% |
Indonesia | 17.4 | 37.1 | 49.6 | 35.3 | 26.6% |
Hong Kong SAR | 13.3 | 29.6 | 36.5 | 33.0 | 35.4% |
Taiwan (Chinese) | 38.6 | 34.6 | 25.2 | 27.2 | -11.0% |
Thailand | 7.7 | 14.3 | 15.5 | 13.8 | 21.5% |
China | 67.9 | 80.4 | 78.3 | 7.9 | -51.2% |
Malaysia | 21.3 | 20.6 | 27.0 | 6.1 | -34.1% |
Cambodia | 16.5 | 18.8 | 33.1 | 5.8 | -29.4% |
Philippines | 4.6 | 3.5 | 10.8 | 1.0 | -39.9% |
Others | 16.8 | 16.0 | 35.9 | 18.3 | 2.9% |
Total | 208 | 260 | 316 | 288 | 11.5% |
Top Export Markets for Packaging Materials from Vietnam in 2022:
- Myanmar (313.5K tons)
- Hong Kong SAR (56.2K tons)
- Taiwan (Chinese) (25.1K tons)
- Indonesia (11.2K tons)
- Thailand (7.5K tons)
- China (7.1K tons)
- Malaysia (6.5K tons)
- Cambodia (5.8K tons)
- Philippines (0.6K tons)
This report provides an in-depth analysis of the packaging materials 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:
- FCL 1617 - Case materials
- FCL 1618 - Cartonboard
- FCL 1621 - Wrapping papers
- FCL 1622 - Other papers mainly for packaging
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
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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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