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Vietnam - Primary Fiber Crops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrimary Fiber Crops Price in Vietnam - 2021
Contents:
- Primary Fiber Crops Price in Vietnam (CIF) - 2022
- Primary Fiber Crops Price in Vietnam (FOB) - 2022
- Primary Fiber Crops Imports in Vietnam
- Primary Fiber Crops Exports in Vietnam
Primary Fiber Crops Price in Vietnam (CIF) - 2022
In 2022, the average primary fiber crops import price amounted to $1,769 per ton, reducing by -9.8% against the previous year. In general, the import price recorded a slight descent. The pace of growth appeared the most rapid in 2021 an increase of 25%. Over the period under review, average import prices hit record highs at $2,084 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Australia ($2,080 per ton) and Argentina ($1,911 per ton), while the price for the United States ($1,666 per ton) and India ($1,757 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the prices for the other major suppliers experienced a decline.
Primary Fiber Crops Price in Vietnam (FOB) - 2022
In 2022, the average primary fiber crops export price amounted to $293 per ton, which is down by -11% against the previous year. Over the period under review, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. The export price peaked at $343 per ton in 2012; however, from 2013 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 Myanmar ($1,733 per ton), while the average price for exports to Taiwan (Chinese) ($222 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 Taiwan (Chinese) (+2.8%), while the prices for the other major destinations experienced a decline.
Primary Fiber Crops Imports in Vietnam
In 2022, overseas purchases of fiber crops (primary) decreased by -3.7% to 1.5M tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9%. As a result, imports attained the peak of 1.5M tons, and then dropped modestly in the following year.
In value terms, primary fiber crops imports fell to $2.6B in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports attained the peak of $3B, and then contracted in the following year.
Import of Primary Fiber Crops in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,564 | 1,320 | 1,161 | 1,081 | -11.6% |
Brazil | 386 | 540 | 702 | 573 | 14.1% |
Australia | 90.1 | 48.8 | 602 | 491 | 76.0% |
India | 150 | 138 | 261 | 213 | 12.4% |
Cote d'Ivoire | 45.8 | 28.9 | 74.0 | 60.4 | 9.7% |
Argentina | 36.2 | 30.0 | 67.3 | 54.9 | 14.9% |
Others | 130 | 71.1 | 103 | 107 | -6.3% |
Total | 2,402 | 2,177 | 2,971 | 2,580 | 2.4% |
Top Suppliers of Primary Fiber Crops to Vietnam in 2022:
- United States (648.6K tons)
- Brazil (323.7K tons)
- Australia (236.1K tons)
- India (121.2K tons)
- Cote d'Ivoire (33.8K tons)
- Argentina (28.7K tons)
Primary Fiber Crops Exports in Vietnam
In 2022, shipments abroad of fiber crops (primary) increased by 8.6% to 85K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep slump.
In value terms, primary fiber crops exports declined modestly to $25M in 2022. Overall, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 7.1%.
Export of Primary Fiber Crops in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 31.1 | 21.8 | 21.6 | 18.6 | -15.7% |
Myanmar | N/A | N/A | N/A | 2.3 | 0% |
Others | 2.6 | 2.2 | 4.1 | 4.0 | 15.4% |
Total | 33.8 | 24.0 | 25.7 | 24.9 | -9.7% |
Top Export Markets for Primary Fiber Crops from Vietnam in 2022:
- China (80.0K tons)
- Myanmar (1.3K tons)
This report provides an in-depth analysis of the primary fiber crops market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 767 - Cotton Lint
- FCL 328 - [Seed Cotton]
- FCL 773 - Flax fibre and tow
- FCL 777 - Hemp fibre and tow
- FCL 780 - Jute
- FCL 782 - Jute-like fibres
- FCL 809 - Abaca manila hemp
- FCL 800 - Agave fibres nes
- FCL 310 -
- FCL 821 - Fibre crops nes
- FCL 788 - Ramie
- FCL 789 - Sisal
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the primary fiber crops market in Vietnam.
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