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Vietnam - Artificial And Prepared Waxes Of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Glycol Wax Price in Vietnam - 2021
Contents:
- Polyethylene Glycol Wax Price in Vietnam (CIF) - 2022
- Polyethylene Glycol Wax Price in Vietnam (FOB) - 2022
- Polyethylene Glycol Wax Imports in Vietnam
- Polyethylene Glycol Wax Exports in Vietnam
Polyethylene Glycol Wax Price in Vietnam (CIF) - 2022
In 2022, the average polyethylene glycol wax import price amounted to $2,138 per ton, remaining constant against the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2013 an increase of 34%. As a result, import price reached the peak level of $3,295 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,236 per ton), while the price for Australia ($579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.0%), while the prices for the other major suppliers experienced a decline.
Polyethylene Glycol Wax Price in Vietnam (FOB) - 2022
The average polyethylene glycol wax export price stood at $1,762 per ton in 2022, with a decrease of -40.1% against the previous year. Overall, the export price showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum at $2,941 per ton in 2021, and then reduced sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($2,363 per ton), while the average price for exports to Cambodia ($1,353 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 South Korea (-0.7%), while the prices for the other major destinations experienced a decline.
Polyethylene Glycol Wax Imports in Vietnam
In 2022, the amount of artificial and prepared waxes of polyethylene glycol imported into Vietnam dropped rapidly to 13K tons, which is down by -16.3% on the previous year. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of 16K tons, and then fell significantly in the following year.
In value terms, polyethylene glycol wax imports contracted sharply to $28M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +25.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52%. As a result, imports attained the peak of $34M, and then declined significantly in the following year.
Import of Polyethylene Glycol Wax in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 10.0 | 10.4 | 16.9 | 13.9 | 11.6% |
China | 5.5 | 5.3 | 9.3 | 7.6 | 11.4% |
Taiwan (Chinese) | 5.0 | 3.9 | 5.2 | 4.3 | -4.9% |
Thailand | 0.5 | 0.8 | 0.7 | 0.5 | 0.0% |
Australia | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Others | 2.1 | 1.7 | 1.6 | 1.4 | -12.6% |
Total | 23.3 | 22.2 | 33.7 | 28.0 | 6.3% |
Top Suppliers of Polyethylene Glycol Wax to Vietnam in 2022:
- South Korea (6.2K tons)
- China (3.4K tons)
- Taiwan (Chinese) (1.9K tons)
- Australia (0.5K tons)
- Thailand (0.2K tons)
Polyethylene Glycol Wax Exports in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas shipments of artificial and prepared waxes of polyethylene glycol, which increased by 2.2% to 62 tons in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 322% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, polyethylene glycol wax exports fell notably to $110K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 344% against the previous year. As a result, the exports reached the peak of $180K, and then dropped notably in the following year.
Export of Polyethylene Glycol Wax in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.7 | 2.7 | 95.8 | 46.3 | 157.9% |
United States | N/A | N/A | N/A | 33.7 | 0% |
Cambodia | 13.5 | 18.2 | 36.1 | 18.2 | 10.5% |
Philippines | 7.9 | 9.6 | 17.3 | 7.9 | 0.0% |
South Korea | 0.3 | 3.1 | 5.9 | 2.8 | 110.5% |
Japan | N/A | 5.0 | 11.7 | N/A | 134.0% |
Saudi Arabia | N/A | N/A | 11.3 | N/A | 0% |
Others | 1.4 | 1.8 | 1.5 | 1.2 | -5.0% |
Total | 25.9 | 40.4 | 180 | 110 | 61.9% |
Top Export Markets for Polyethylene Glycol Wax from Vietnam in 2022:
- India (24.8 tons)
- United States (19.0 tons)
- Cambodia (13.4 tons)
- Philippines (3.3 tons)
- South Korea (1.4 tons)
This report provides an in-depth analysis of the polyethylene glycol wax 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 20414270 - Artificial and prepared waxes of polyethylene glycol
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
This report provides an in-depth analysis of the polyethylene glycol wax market in Vietnam.
This report provides an in-depth analysis of the global polyethylene glycol wax market.
This report provides an in-depth analysis of the polyethylene glycol wax market in Vietnam.
This report provides an in-depth analysis of the global polyethylene glycol wax market.
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...