Vietnam: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Vietnam

The Vietnamese market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof contracted slightly to $X in 2022, which is down by -4.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Vietnam

In 2022, approx. X kg of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were exported from Vietnam; increasing by 23% on the year before. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 73% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. In general, exports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Vietnam, accounting for a approx. 50% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +44.6%.

In value terms, the Netherlands ($X) emerged as the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Vietnam.

From 2015 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +46.0%.

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, with a decrease of -4.8% against the previous year. In general, the export price faced a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 10%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.0% per year.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Vietnam

In 2022, the amount of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof imported into Vietnam stood at X tons, surging by 2.7% against 2021 figures. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2019 when imports increased by 251% against the previous year. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof contracted to $X in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 242%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Vietnam, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +52.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines suppliers to Vietnam were China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X), together comprising 71% of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +56.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, dropping by -9.9% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +22.4% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 58% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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