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Vietnam - Gypsum Plasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlaster Price in Vietnam - 2022
Contents:
- Plaster Price in Vietnam (CIF) - 2022
- Plaster Price in Vietnam (FOB) - 2022
- Plaster Imports in Vietnam
- Plaster Exports in Vietnam
Plaster Price in Vietnam (CIF) - 2022
In 2022, the average plaster import price amounted to $234 per ton, waning by -2.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 17%. Over the period under review, average import prices attained the peak figure at $271 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 China ($358 per ton), while the price for Thailand ($212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Plaster Price in Vietnam (FOB) - 2022
In 2022, the average plaster export price amounted to $314 per ton, waning by -5.2% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2015 an increase of 41% against the previous year. The export price peaked at $341 per ton in 2019; however, from 2020 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 India ($8,504 per ton), while the average price for exports to the Philippines ($55 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 India (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plaster Imports in Vietnam
After three years of growth, overseas purchases of plaster decreased by -4% to 41K tons in 2022. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.6% against the previous year. As a result, imports attained the peak of 42K tons, and then fell slightly in the following year.
In value terms, plaster imports shrank to $9.5M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of $10M, and then dropped in the following year.
Import of Plaster in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 5.6 | 6.0 | 6.0 | 5.3 | -1.8% |
China | 0.7 | 0.7 | 2.0 | 1.8 | 37.0% |
Lao People's Democratic Republic | 0.7 | 0.7 | 0.7 | 0.6 | -5.0% |
South Korea | 0.4 | 0.5 | 0.4 | 0.6 | 14.5% |
Turkey | 0.8 | 0.2 | 0.4 | 0.3 | -27.9% |
Germany | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
United States | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
Total | 9.0 | 8.8 | 10.2 | 9.5 | 1.8% |
Top Suppliers of Plaster to Vietnam in 2022:
- Thailand (24.9K tons)
- China (5.0K tons)
- South Korea (2.9K tons)
- Lao People's Democratic Republic (2.8K tons)
- Turkey (1.5K tons)
- Germany (1.1K tons)
- United States (0.9K tons)
Plaster Exports in Vietnam
Plaster exports from Vietnam skyrocketed to 116 tons in 2022, rising by 42% against 2021 figures. Over the period under review, exports showed a relatively flat trend pattern.
In value terms, plaster exports surged to $36K in 2022. Overall, exports, however, recorded a pronounced setback.
Export of Plaster in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 6.6 | 17.1 | 12.0 | 20.0 | 44.7% |
United States | 12.3 | 6.2 | 3.9 | 4.6 | -28.0% |
Philippines | 10.8 | 10.6 | 4.2 | 4.0 | -28.2% |
Australia | 3.1 | 3.8 | 2.8 | 3.0 | -1.1% |
Israel | 1.8 | 2.0 | 0.9 | 1.0 | -17.8% |
Lao People's Democratic Republic | 0.7 | 0.9 | 0.5 | 0.5 | -10.6% |
Others | 4.3 | 5.4 | 2.8 | 3.3 | -8.4% |
Total | 39.5 | 45.9 | 27.1 | 36.5 | -2.6% |
Top Export Markets for Plaster from Vietnam in 2022:
- Philippines (72.9 tons)
- Cambodia (24.9 tons)
- United States (5.7 tons)
- Israel (4.8 tons)
- Australia (2.8 tons)
- Lao People's Democratic Republic (1.8 tons)
This report provides an in-depth analysis of the plaster 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 23522000 - Plasters consisting of calcined gypsum or calcium sulphate (including for use in building, for use in dressing woven fabrics or surfacing paper, for use in dentistry)
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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