Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam - 2022

Contents:

  1. Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (CIF) - 2022
  2. Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (FOB) - 2022
  3. Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam
  4. Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam

Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (CIF) - 2022

The average import price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) stood at $1,571 per ton in 2022, declining by -2.2% against the previous year. Overall, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2018 an increase of 10%. Over the period under review, average import prices reached the maximum at $1,736 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,650 per ton), while the price for the Philippines totaled $813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (FOB) - 2022

The average export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) stood at $1,240 per ton in 2022, declining by -40.8% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 an increase of 23%. Over the period under review, the average export prices hit record highs at $2,275 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2,076 per ton), while the average price for exports to Malaysia ($1,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam

For the fourth consecutive year, Vietnam recorded growth in purchases abroad of organic surface-active agents (excluding soap, anionic, cationic, non-ionic), which increased by 12% to 21K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) expanded remarkably to $33M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1.11.01.031.5205.9%
PhilippinesN/AN/AN/A1.60%
South Korea2.53.25.5N/A48.3%
Thailand2.42.92.6N/A4.1%
China5.57.710.4N/A37.5%
India1.01.01.5N/A22.5%
Indonesia0.91.11.1N/A10.6%
Singapore3.22.93.4N/A3.1%
Others4.45.14.9N/A5.5%
Total20.924.930.333.116.6%

Top Suppliers of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) to Vietnam in 2022:

  1. Taiwan (Chinese) (19.1K tons)
  2. Philippines (2.0K tons)

Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam

Exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) from Vietnam dropped dramatically to 130 tons in 2022, with a decrease of -63% compared with 2021. Overall, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2021 when exports increased by 601%. As a result, the exports reached the peak of 350 tons, and then fell dramatically in the following year.

In value terms, exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) fell sharply to $161K in 2022. In general, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 559% against the previous year. As a result, the exports reached the peak of $734K, and then declined significantly in the following year.

Export of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.713.890.955.0328.3%
Taiwan (Chinese)52.845.387.052.6-0.1%
Indonesia22.013.128.517.2-7.9%
Singapore79.43.65.317.0-40.2%
Cambodia43.712.56.612.2-34.6%
Malaysia14.05.211.36.9-21.0%
IraqN/AN/A63.0N/A0%
South KoreaN/AN/A119N/A0%
Philippines5.8N/A101N/A317.3%
AustraliaN/AN/A81.0N/A0%
Others6.617.9140N/A360.6%
Total225111734161-10.6%

Top Export Markets for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) from Vietnam in 2022:

  1. Thailand (48.2 tons)
  2. Taiwan (Chinese) (46.1 tons)
  3. Indonesia (15.1 tons)
  4. Singapore (8.2 tons)
  5. Malaysia (6.3 tons)
  6. Cambodia (5.9 tons)

Source: IndexBox Market Intelligence Platform

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