Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam - 2022

Contents:

  1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (CIF) - 2022
  2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (FOB) - 2022
  3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam
  4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (CIF) - 2022

In 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $5.1 per square meter, remaining constant against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes increased by +59.9% against 2015 indices. The growth pace was the most rapid in 2016 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($16 per square meter), while the price for China ($3.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $3.4 per square meter, picking up by 5.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 16%. Over the period under review, the average export prices hit record highs at $3.6 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Hong Kong SAR ($6.1 per square meter), while the average price for exports to Myanmar ($1.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam

For the fourth year in a row, Vietnam recorded growth in supplies from abroad of textile fabrics; impregnated, coated, covered or laminated with polyurethanes, which increased by 19% to 126M square meters in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes surged to $638M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +63.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21827131336719.0%
South Korea80.490.911514220.9%
Taiwan (Chinese)42.041.042.355.79.9%
Japan30.927.036.040.19.1%
Others18.519.323.932.921.2%
Total38944953063817.9%

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Vietnam in 2022:

  1. China (94.2M square meters)
  2. South Korea (18.0M square meters)
  3. Taiwan (Chinese) (8.4M square meters)
  4. Japan (2.5M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam

In 2022, approx. 26M square meters of textile fabrics; impregnated, coated, covered or laminated with polyurethanes were exported from Vietnam; surging by 2.1% on the previous year's figure. The total export volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes rose sharply to $89M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +64.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia33.729.955.559.020.5%
China12.411.413.613.11.8%
India5.62.93.65.91.8%
Hong Kong SAR2.92.12.62.3-7.4%
Philippines1.30.41.22.015.4%
Taiwan (Chinese)1.30.40.91.42.5%
Myanmar0.13.21.70.344.2%
Others2.93.93.85.120.7%
Total60.254.382.889.114.0%

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Vietnam in 2022:

  1. Indonesia (19.2M square meters)
  2. China (2.3M square meters)
  3. India (1.2M square meters)
  4. Philippines (0.7M square meters)
  5. Taiwan (Chinese) (0.6M square meters)
  6. Hong Kong SAR (0.4M square meters)
  7. Myanmar (0.2M square meters)

Source: IndexBox Market Intelligence Platform

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