Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam - 2022
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $5,856 per ton, with a decrease of -5.2% against the previous year. Overall, the import price saw a slight curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 5.3%. The import price peaked at $7,855 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($5,861 per ton) and Japan ($5,856 per ton), while the price for Sweden ($5,856 per ton) and China ($5,856 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $7,114 per ton, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The export price peaked at $8,141 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($7,311 per ton), while the average price for exports to Cambodia ($4,334 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 Germany (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam
In 2022, overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses were finally on the rise to reach 173 tons after two years of decline. Overall, imports, however, faced a sharp setback.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank to $1M in 2022. In general, imports, however, faced a precipitous contraction.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,568 | 2,098 | 731 | 681 | -35.8% |
| South Korea | 220 | 420 | 78.8 | 83.1 | -27.7% |
| Taiwan (Chinese) | 900 | 471 | 42.9 | 79.5 | -55.5% |
| Sweden | 304 | 188 | 47.5 | 62.6 | -40.9% |
| Thailand | 111 | 51.4 | 127 | 48.4 | -24.2% |
| Japan | 156 | 50.9 | 19.3 | 40.3 | -36.3% |
| Others | 235 | 68.1 | 8.4 | 20.5 | -55.6% |
| Total | 4,495 | 3,347 | 1,055 | 1,015 | -39.1% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Vietnam in 2022:
- China (116.2 tons)
- South Korea (14.2 tons)
- Taiwan (Chinese) (13.6 tons)
- Sweden (10.7 tons)
- Thailand (8.3 tons)
- Japan (6.9 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam
In 2022, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -22.3% to 93 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 352% against the previous year. As a result, the exports attained the peak of 119 tons, and then contracted sharply in the following year.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses fell to $660K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 233% against the previous year. As a result, the exports reached the peak of $716K, and then dropped in the following year.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 59.5 | 134 | 398 | 608 | 117.0% |
| Cambodia | 3.5 | N/A | 248 | 26.4 | 96.1% |
| China | 10.3 | 10.1 | 2.7 | 13.3 | 8.9% |
| Taiwan (Chinese) | 17.6 | 67.1 | 58.1 | 10.8 | -15.0% |
| Myanmar | 27.1 | 2.6 | N/A | N/A | -90.4% |
| Others | 8.4 | 1.6 | 9.2 | 1.4 | -45.0% |
| Total | 126 | 215 | 716 | 660 | 73.7% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Vietnam in 2022:
- Singapore (83.2 tons)
- Cambodia (6.1 tons)
- China (1.8 tons)
- Taiwan (Chinese) (1.5 tons)
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