Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam - 2022
Contents:
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (FOB) - 2022
- Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (CIF) - 2022
- Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam
- Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (FOB) - 2022
The average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $8,828 per ton in 2022, picking up by 4.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 17%. The export price peaked at $12,316 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($8,828 per ton) and the United States ($8,828 per ton), while the average price for exports to China ($8,828 per ton) and South Korea ($8,828 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 Australia (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (CIF) - 2022
The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $9,031 per ton in 2022, with an increase of 8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($9,031 per ton) and South Korea ($9,031 per ton), while the price for Japan ($9,030 per ton) and China ($9,031 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam
In 2022, shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -2.6% to 7.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year.
In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded to $64M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, the exports reached the peak of $74M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 23.8 | 15.3 | 18.3 | 17.8% |
| Japan | 12.7 | 14.7 | 13.8 | 13.7 | 2.6% |
| Germany | 7.1 | 9.2 | 8.0 | 7.4 | 1.4% |
| South Korea | 2.5 | 2.6 | 3.4 | 4.5 | 21.6% |
| Spain | 3.0 | 3.5 | 3.2 | 3.2 | 2.2% |
| Italy | 2.8 | 3.0 | 2.3 | 2.7 | -1.2% |
| Netherlands | 2.2 | 2.4 | 2.3 | 2.4 | 2.9% |
| Belgium | 3.2 | 3.5 | 4.0 | 2.1 | -13.1% |
| Australia | 2.0 | 1.4 | 1.5 | 1.4 | -11.2% |
| Taiwan (Chinese) | 0.3 | 0.9 | 1.0 | 1.0 | 49.4% |
| China | 1.2 | 1.4 | 0.7 | 1.0 | -5.9% |
| Others | 7.7 | 8.1 | 7.2 | 6.2 | -7.0% |
| Total | 55.8 | 74.3 | 62.7 | 63.8 | 4.6% |
Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Vietnam in 2022:
- United States (2068.4 tons)
- Japan (1546.4 tons)
- Germany (841.8 tons)
- South Korea (512.6 tons)
- Spain (363.6 tons)
- Italy (300.4 tons)
- Netherlands (271.5 tons)
- Belgium (240.3 tons)
- Australia (158.2 tons)
- Taiwan (Chinese) (114.1 tons)
- China (109.3 tons)
Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam
In 2022, supplies from abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -6.9% to 1.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 when imports increased by 8.4% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses reached $17M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 10.1 | 9.5 | 11.5 | 11.9% |
| South Korea | 4.0 | 6.0 | 6.0 | 4.3 | 2.4% |
| Japan | 0.5 | 0.6 | 0.7 | 0.6 | 6.3% |
| India | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Others | 0.8 | 0.6 | 0.6 | 0.6 | -9.1% |
| Total | 14.1 | 17.7 | 17.3 | 17.4 | 7.3% |
Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Vietnam in 2022:
- China (1272.4 tons)
- South Korea (473.1 tons)
- Japan (67.0 tons)
- India (55.8 tons)
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