Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam - 2022

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (CIF) - 2022
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (FOB) - 2022
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (CIF) - 2022

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $13,724 per ton in 2022, picking up by 8.6% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($13,726 per ton) and Thailand ($13,726 per ton), while the price for China ($13,726 per ton) and South Korea ($13,726 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (FOB) - 2022

In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $11,052 per ton, increasing by 1.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,441 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($11,052 per ton) and India ($11,052 per ton), while the average price for exports to Thailand ($11,052 per ton) and China ($11,052 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 Myanmar (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam

Imports of footwear; parts, outer soles and heels, of rubber or plasticses into Vietnam totaled 21K tons in 2022, with an increase of 5.7% compared with the previous year. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses rose markedly to $282M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2001732262568.6%
Thailand7.05.36.57.83.7%
Taiwan (Chinese)3.92.73.05.713.5%
Others12.89.510.112.4-1.1%
Total2241902462828.0%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Vietnam in 2022:

  1. China (18.7K tons)
  2. Thailand (0.6K tons)
  3. Taiwan (Chinese) (0.4K tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam

Exports of footwear; parts, outer soles and heels, of rubber or plasticses from Vietnam skyrocketed to 16K tons in 2022, increasing by 42% against 2021. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% 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 +68.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $180M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia65.952.656.066.80.5%
Indonesia19.211.512.426.010.6%
Myanmar15.48.37.515.70.6%
China21.613.910.313.2-15.1%
Hong Kong SAR10.26.47.611.54.1%
United States1.42.65.48.884.6%
Argentina6.74.44.57.43.4%
India3.52.54.35.617.0%
Italy1.90.71.54.533.3%
Brazil1.00.51.14.261.3%
Bangladesh1.42.35.13.333.1%
Thailand0.10.42.93.0210.7%
Others5.84.25.69.919.5%
Total1541111241805.3%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Vietnam in 2022:

  1. Cambodia (6.0K tons)
  2. Indonesia (2.4K tons)
  3. Myanmar (1.4K tons)
  4. China (1.2K tons)
  5. Hong Kong SAR (1.0K tons)
  6. United States (0.8K tons)
  7. Argentina (0.7K tons)
  8. India (0.5K tons)
  9. Brazil (0.4K tons)
  10. Italy (0.4K tons)
  11. Bangladesh (0.3K tons)
  12. Thailand (0.3K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Footwear; parts, outer soles and heels, of rubber or plastics - Vietnam