Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $2,171 per ton in 2022, increasing by 28% against the previous year. Overall, the import price saw perceptible growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 ($2,366 per ton), while the price for Singapore ($1,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,490 per ton in 2022, growing by 1.6% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by +35.4% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 53%. Over the period under review, the average export prices hit record highs at $1,667 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,672 per ton), while the average price for exports to Egypt ($835 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 (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam

In 2022, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses into Vietnam contracted markedly to 4.7K tons, reducing by -56% against the previous year. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses declined sharply to $10M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 205%. As a result, imports reached the peak of $18M, and then shrank dramatically in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia4.01.97.56.417.0%
China3.20.84.61.3-25.9%
Taiwan (Chinese)2.21.02.10.9-25.8%
Singapore1.10.61.80.9-6.5%
Thailand1.91.41.90.4-40.5%
South KoreaN/AN/A0.20.350.0%
Others0.10.10.20.10.0%
Total12.56.018.210.2-6.6%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Vietnam in 2022:

  1. Malaysia (2690.9 tons)
  2. Singapore (785.1 tons)
  3. China (546.2 tons)
  4. Taiwan (Chinese) (363.4 tons)
  5. Thailand (180.5 tons)
  6. South Korea (121.2 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam

In 2022, the amount of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses exported from Vietnam fell to 24 tons, which is down by -8.5% against the previous year's figure. In general, exports showed a abrupt descent.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses shrank to $36K in 2022. Overall, exports recorded a abrupt decline. The smallest decline of -7% was in 2020.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea14.82.713.911.6-7.8%
IndiaN/A13.61.04.3-43.8%
GreeceN/AN/AN/A3.90%
RussiaN/A6.28.83.0-30.4%
Cote d'IvoireN/AN/A6.92.5-63.8%
SpainN/AN/AN/A2.20%
OmanN/AN/AN/A1.70%
TurkeyN/AN/A0.51.2140.0%
South AfricaN/AN/AN/A0.90%
TunisiaN/AN/A0.10.6500.0%
MalaysiaN/AN/A0.10.5400.0%
Egypt19.61.30.30.2-78.3%
Australia10.1N/AN/AN/A0%
OthersN/A17.56.83.0-58.6%
Total44.441.338.435.7-7.0%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Vietnam in 2022:

  1. South Korea (7.8 tons)
  2. India (2.9 tons)
  3. Greece (2.6 tons)
  4. Russia (2.0 tons)
  5. Cote d'Ivoire (1.7 tons)
  6. Spain (1.4 tons)
  7. Oman (1.0 tons)
  8. Turkey (0.8 tons)
  9. South Africa (0.6 tons)
  10. Malaysia (0.4 tons)
  11. Tunisia (0.4 tons)
  12. Egypt (0.3 tons)

Source: IndexBox Market Intelligence Platform

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