Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (CIF) - 2022
- Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,708 per ton, rising by 13% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, the average export prices reached the peak figure at $2,109 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ethiopia ($2,341 per ton) and El Salvador ($2,137 per ton), while the average price for exports to Singapore ($1,663 per ton) and Ecuador ($1,663 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,527 per ton in 2022, shrinking by -2.7% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $2,041 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,521 per ton) and Malaysia ($1,521 per ton), while the price for Taiwan (Chinese) ($1,521 per ton) and Thailand ($1,521 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.9%), while the prices for the other major suppliers experienced a decline.
Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam
In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses exported from Vietnam soared to 33K tons, rising by 21% compared with the previous year. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 534%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $57M in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 519%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 0.6 | 4.9 | 9.4 | 13.5 | 182.3% |
| Nigeria | 0.4 | 7.1 | 6.4 | 10.4 | 196.2% |
| Kenya | 0.1 | 0.3 | 2.0 | 4.3 | 250.3% |
| Algeria | N/A | 4.1 | 4.3 | 4.2 | 1.2% |
| Myanmar | 0.1 | 1.7 | 2.6 | 3.2 | 217.5% |
| Tanzania | N/A | 0.2 | 0.5 | 3.1 | 293.7% |
| El Salvador | N/A | 0.8 | 2.7 | 2.5 | 76.8% |
| Ethiopia | 0.1 | 0.1 | 0.2 | 1.9 | 166.8% |
| Mexico | N/A | 0.2 | 0.7 | 1.7 | 191.5% |
| Ecuador | 0.1 | 0.5 | 2.8 | 1.6 | 152.0% |
| India | 0.1 | 0.5 | 0.9 | 1.3 | 135.1% |
| Rwanda | N/A | N/A | N/A | 1.3 | 0% |
| Singapore | 0.1 | 0.1 | 0.6 | 1.1 | 122.4% |
| Others | 2.6 | 5.9 | 8.6 | 7.2 | 40.4% |
| Total | 4.3 | 26.4 | 41.8 | 57.2 | 136.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Vietnam in 2022:
- Egypt (8.1K tons)
- Nigeria (6.2K tons)
- Kenya (2.6K tons)
- Algeria (2.5K tons)
- Myanmar (1.9K tons)
- Tanzania (1.9K tons)
- El Salvador (1.2K tons)
- Mexico (1.0K tons)
- Ecuador (1.0K tons)
- India (0.8K tons)
- Ethiopia (0.8K tons)
- Singapore (0.7K tons)
- Rwanda (0.6K tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam
In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses imported into Vietnam skyrocketed to 24K tons, increasing by 20% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses skyrocketed to $37M in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 16.0 | 14.7 | 17.0 | 26.3 | 18.0% |
| China | 1.9 | 2.5 | 7.8 | 4.9 | 37.1% |
| Taiwan (Chinese) | 2.2 | 1.4 | 3.5 | 2.2 | 0.0% |
| Thailand | 6.8 | 2.4 | 0.6 | 1.6 | -38.3% |
| South Korea | 5.5 | 1.5 | 2.4 | 1.5 | -35.2% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 32.6 | 22.6 | 31.4 | 36.6 | 3.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Vietnam in 2022:
- Malaysia (17.3K tons)
- China (3.2K tons)
- Taiwan (Chinese) (1.4K tons)
- Thailand (1.0K tons)
- South Korea (1.0K tons)
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