Price for Tents of Synthetic Fibres in Vietnam - 2022
Contents:
- Price for Tents of Synthetic Fibres in Vietnam (FOB) - 2022
- Price for Tents of Synthetic Fibres in Vietnam (CIF) - 2022
- Exports of Tents of Synthetic Fibres in Vietnam
- Imports of Tents of Synthetic Fibres in Vietnam
Price for Tents of Synthetic Fibres in Vietnam (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $14,007 per ton, increasing by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2014 an increase of 17%. Over the period under review, the average export prices attained the peak figure at $16,302 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($19,837 per ton), while the average price for exports to Belgium ($7,602 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 South Korea (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Vietnam (CIF) - 2022
The average tents of synthetic fibres import price stood at $11,001 per ton in 2022, waning by -1.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 28% against the previous year. The import price peaked at $11,387 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($37,560 per ton), while the price for Hong Kong SAR ($2,844 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tents of Synthetic Fibres in Vietnam
After three years of growth, shipments abroad of tents of synthetic fibreses decreased by -26.4% to 8.1K tons in 2022. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 11K tons, and then dropped sharply in the following year.
In value terms, tents of synthetic fibres exports declined markedly to $113M in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of $143M, and then dropped remarkably in the following year.
| Export of Tents of Synthetic Fibres in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.2 | 21.2 | 37.6 | 35.7 | 10.9% |
| Japan | 16.7 | 21.7 | 27.7 | 23.6 | 12.2% |
| South Korea | 6.3 | 16.7 | 36.0 | 23.5 | 55.1% |
| France | 6.4 | 3.0 | 7.1 | 4.9 | -8.5% |
| Canada | 3.0 | 2.3 | 5.6 | 3.4 | 4.3% |
| Germany | 2.0 | 0.9 | 1.1 | 3.4 | 19.3% |
| Denmark | 6.4 | 1.7 | 2.7 | 3.3 | -19.8% |
| China | 0.1 | 0.2 | 4.5 | 3.1 | 214.1% |
| Australia | 0.9 | 1.6 | 2.4 | 1.7 | 23.6% |
| Belgium | 2.2 | 5.0 | 6.1 | 1.7 | -8.2% |
| Spain | 0.5 | 0.8 | 1.4 | 1.2 | 33.9% |
| Others | 6.2 | 8.4 | 11.0 | 7.9 | 8.4% |
| Total | 77.0 | 83.6 | 143 | 113 | 13.6% |
Top Export Markets for Tents of Synthetic Fibres from Vietnam in 2022:
- United States (1800.3 tons)
- South Korea (1730.2 tons)
- Japan (1622.6 tons)
- France (523.5 tons)
- Canada (364.3 tons)
- China (328.7 tons)
- Denmark (285.1 tons)
- Belgium (226.7 tons)
- Germany (187.3 tons)
- Australia (183.4 tons)
- Spain (148.0 tons)
Imports of Tents of Synthetic Fibres in Vietnam
In 2022, imports of tents of synthetic fibreses into Vietnam shrank markedly to 109 tons, with a decrease of -21% on 2021. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of 138 tons, and then shrank dramatically in the following year.
In value terms, tents of synthetic fibres imports contracted dramatically to $1.2M in 2022. In general, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 80%. As a result, imports reached the peak of $1.5M, and then fell remarkably in the following year.
| Import of Tents of Synthetic Fibres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 201 | 89.5 | 796 | 583 | 42.6% |
| Bangladesh | 907 | 557 | 426 | 470 | -19.7% |
| Italy | 15.0 | 22.5 | 66.6 | 48.6 | 48.0% |
| Hong Kong SAR | 2.1 | 23.2 | 25.6 | 18.7 | 107.3% |
| Denmark | 143 | 46.5 | 5.6 | 3.6 | -70.7% |
| United Arab Emirates | N/A | 20.1 | N/A | N/A | 0% |
| Others | 116 | 102 | 227 | 79.6 | -11.8% |
| Total | 1,384 | 861 | 1,546 | 1,204 | -4.5% |
Top Suppliers of Tents of Synthetic Fibres to Vietnam in 2022:
- China (49.5 tons)
- Bangladesh (46.3 tons)
- Hong Kong SAR (6.6 tons)
- Italy (1.7 tons)
- Denmark (0.4 tons)
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