Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam - 2022

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (CIF) - 2022
  2. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (FOB) - 2022
  3. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam
  4. Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (CIF) - 2022

The average import price for cellulose acetates; non-plasticised, in primary formses stood at $4,568 per ton in 2022, picking up by 32% against the previous year. Overall, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 46%. The import price peaked at $9,745 per ton in 2015; however, from 2016 to 2022, 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 ($8,871 per ton), while the price for the United States ($3,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (FOB) - 2022

The average export price for cellulose acetates; non-plasticised, in primary formses stood at $3,162 per ton in 2022, surging by 3.9% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $9,411 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -6.5% per year.

Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam

In 2022, after two years of decline, there was significant growth in purchases abroad of cellulose acetates; non-plasticised, in primary formses, when their volume increased by 693% to 159 tons. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses surged to $725K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.26.52.2541526.5%
Japan0.40.60.5169650.4%
Germany2.01.10.59.769.3%
United States14.85.21.45.8-26.8%
Thailand11110359.8N/A-26.6%
Others9.45.64.7N/A-29.3%
Total14012269.172573.0%

Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to Vietnam in 2022:

  1. China (135.9 tons)
  2. Japan (19.0 tons)
  3. Germany (2.4 tons)
  4. United States (1.5 tons)

Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam

In 2022, overseas shipments of cellulose acetates; non-plasticised, in primary formses decreased by -5.7% to 1.7 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses contracted modestly to $5.5K in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 4.1%. As a result, the exports reached the peak of $5.6K, and then declined slightly in the following year.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore5.25.45.65.1-0.6%
OthersN/AN/AN/A0.30%
Total5.25.45.65.51.9%

Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from Vietnam in 2022:

  1. Singapore (1730.0 kg)

Source: IndexBox Market Intelligence Platform

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