Vietnam - Detergents and Washing Preparations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Detergents and Washing Preparation in Vietnam - 2022
Contents:
- Price for Detergents and Washing Preparation in Vietnam (CIF) - 2022
- Price for Detergents and Washing Preparation in Vietnam (FOB) - 2022
- Imports of Detergents and Washing Preparation in Vietnam
- Exports of Detergents and Washing Preparation in Vietnam
Price for Detergents and Washing Preparation in Vietnam (CIF) - 2022
The average detergents and washing preparation import price stood at $2,776 per ton in December 2022, leveling off at the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 11% m-o-m. As a result, import price reached the peak level of $2,875 per ton. From February 2022 to December 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Taiwan (Chinese) ($3,236 per ton) and Malaysia ($3,118 per ton), while the price for Thailand ($2,285 per ton) and the United States ($2,817 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Detergents and Washing Preparation in Vietnam (FOB) - 2022
The average detergents and washing preparation export price stood at $1,944 per ton in December 2022, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a modest increase. The pace of growth was the most pronounced in January 2022 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices hit record highs at $1,947 per ton in November 2022, and then contracted slightly in the following month.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was India ($2,781 per ton), while the average price for exports to Hong Kong SAR ($1,849 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Detergents and Washing Preparation in Vietnam
In 2022, purchases abroad of detergents and washing preparations decreased by -38.2% to 82K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 7.2%. As a result, imports reached the peak of 136K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, detergents and washing preparation imports dropped dramatically to $180M in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 11%.
| Import of Detergents and Washing Preparation in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.6 | 93.4 | 105 | 63.3 | -7.7% |
| Thailand | 66.5 | 68.2 | 56.5 | 34.1 | -20.0% |
| South Korea | 17.2 | 19.1 | 18.1 | 15.3 | -3.8% |
| United States | 8.4 | 15.4 | 16.4 | 9.6 | 4.6% |
| Taiwan (Chinese) | 7.4 | 7.2 | 10.0 | 9.5 | 8.7% |
| Malaysia | 6.4 | 6.1 | 7.5 | 8.1 | 8.2% |
| Singapore | 7.0 | 6.0 | 10.2 | 7.9 | 4.1% |
| Germany | 9.9 | 9.8 | 9.3 | 7.6 | -8.4% |
| Japan | 15.4 | 15.7 | 15.8 | 7.6 | -21.0% |
| Others | 12.1 | 15.7 | 18.1 | 17.1 | 12.2% |
| Total | 231 | 257 | 267 | 180 | -8.0% |
Top Suppliers of Detergents and Washing Preparation to Vietnam in 2022:
- China (26.9K tons)
- Thailand (26.2K tons)
- South Korea (6.4K tons)
- Malaysia (4.4K tons)
- Taiwan (Chinese) (4.0K tons)
- Singapore (2.7K tons)
- United States (1.8K tons)
- Germany (1.6K tons)
- Japan (1.6K tons)
Exports of Detergents and Washing Preparation in Vietnam
After three years of growth, shipments abroad of detergents and washing preparations decreased by -70% to 39K tons in 2022. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of 132K tons, and then reduced rapidly in the following year.
In value terms, detergents and washing preparation exports reduced dramatically to $63M in 2022. Over the period under review, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $229M, and then shrank rapidly in the following year.
| Export of Detergents and Washing Preparation in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 15.5 | 10.9 | 19.6 | 17.9 | 4.9% |
| Cambodia | 24.3 | 26.3 | 23.6 | 9.9 | -25.9% |
| Philippines | 23.9 | 21.6 | 32.7 | 7.9 | -30.9% |
| Taiwan (Chinese) | 4.6 | 5.3 | 6.7 | 7.2 | 16.1% |
| Thailand | 1.2 | 8.4 | 12.7 | 3.6 | 44.2% |
| China | 8.3 | 6.9 | 7.9 | 3.2 | -27.2% |
| India | N/A | 7.1 | 20.4 | 2.9 | -36.1% |
| Australia | 17.5 | 33.1 | 33.1 | 0.7 | -65.8% |
| Malaysia | 15.9 | 20.9 | 21.9 | 0.7 | -64.7% |
| United States | 2.5 | 2.5 | 10.1 | 0.4 | -45.7% |
| Singapore | 5.2 | 6.7 | 9.0 | 0.2 | -66.2% |
| New Zealand | 2.6 | 12.2 | 15.5 | 0.1 | -66.2% |
| Hong Kong SAR | 5.8 | 5.4 | 5.5 | N/A | -2.6% |
| Others | 11.7 | 10.1 | 10.5 | 8.0 | -11.9% |
| Total | 139 | 177 | 229 | 62.7 | -23.3% |
Top Export Markets for Detergents and Washing Preparation from Vietnam in 2022:
- Japan (11.0K tons)
- Cambodia (6.1K tons)
- Philippines (4.9K tons)
- Taiwan (Chinese) (4.4K tons)
- Thailand (2.2K tons)
- China (1.9K tons)
- India (1.8K tons)
- Australia (0.4K tons)
- Malaysia (0.4K tons)
- United States (0.3K tons)
- Singapore (0.1K tons)
This report provides an in-depth analysis of the market for detergents and washing preparation 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 20413240 - Surface-active preparations, whether or not containing soap, p .r.s. (excluding those for use as soap)
- Prodcom 20413250 - Washing preparations and cleaning preparations, with or without soap, p.r.s. including auxiliary washing preparations excluding those for use as soap, surface-active preparations
- Prodcom 20413260 - Surface-active preparations, whether or not containing soap, n .p.r.s. (excluding those for use as soap)
- Prodcom 20413270 - Washing preparations and cleaning preparations, with or without soap, n.p.r.s. including auxiliary washing preparations excluding those for use as soap, surface-active preparations
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.
-
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
-
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
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