Vietnam - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

Vietnam - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Polyamide Price in Vietnam - 2021

Contents:

  1. Polyamide Price in Vietnam (CIF) - 2021
  2. Polyamide Price in Vietnam (FOB) - 2021
  3. Polyamide Imports in Vietnam
  4. Polyamide Exports in Vietnam

Polyamide Price in Vietnam (CIF) - 2021

The average polyamide import price stood at $3,954 per ton in December 2021, remaining stable against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2021 an increase of 21% m-o-m. As a result, import price attained the peak level of $4,011 per ton; afterwards, it flattened through to December 2021.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Thailand ($4,435 per ton) and Japan ($4,420 per ton), while the price for the United States ($3,700 per ton) and Taiwan (Chinese) ($3,785 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyamide Price in Vietnam (FOB) - 2021

In December 2021, the average polyamide export price amounted to $3,555 per ton, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in January 2021 when the average export price increased by 30% against the previous month. The export price peaked at $3,576 per ton in October 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably for the major overseas markets. In December 2021, the countries with the highest prices were South Korea ($3,595 per ton) and China ($3,572 per ton), while the average price for exports to Peru ($3,513 per ton) and India ($3,513 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports in Vietnam

In 2022, supplies from abroad of polyamides (in primary forms) increased by 3.8% to 81K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced setback.

In value terms, polyamide imports reduced to $288M in 2022. Overall, imports, however, showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of 5% against the previous year.

Import of Polyamide in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13293.610498.4-9.3%
China41.358.160.757.711.8%
Taiwan (Chinese)35.234.452.950.312.6%
South Korea57.342.239.037.1-13.5%
Japan26.717.713.118.5-11.5%
Thailand24.518.911.912.1-21.0%
Others21.116.414.214.2-12.4%
Total338281295288-5.2%

Top Suppliers of Polyamide to Vietnam in 2022:

  1. United States (31.4K tons)
  2. China (15.5K tons)
  3. Taiwan (Chinese) (14.6K tons)
  4. South Korea (9.6K tons)
  5. Thailand (3.4K tons)
  6. Japan (2.5K tons)

Polyamide Exports in Vietnam

In 2022, the amount of polyamides (in primary forms) exported from Vietnam shrank sharply to 65K tons, reducing by -15.2% against the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of 77K tons, and then shrank markedly in the following year.

In value terms, polyamide exports dropped significantly to $108M in 2022. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 98%. As a result, the exports attained the peak of $144M, and then shrank markedly in the following year.

Export of Polyamide in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.058.674.356.0-5.3%
Taiwan (Chinese)18.29.644.432.220.9%
Indonesia0.2N/A4.33.1149.3%
Italy0.40.73.82.789.0%
United StatesN/AN/A2.61.5-42.3%
Others2.23.814.512.779.4%
Total86.972.81441087.5%

Top Export Markets for Polyamide from Vietnam in 2022:

  1. China (34.6K tons)
  2. Taiwan (Chinese) (18.1K tons)
  3. Indonesia (1.7K tons)
  4. Italy (1.5K tons)
  5. United States (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyamide 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:

  • Prodcom 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
  • Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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