Report Update Nov 1, 2024

Vietnam - Halogenated Derivatives of Aromatic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Aromatic Hydrocarbons Derivatives Market 2024

Aromatic Hydrocarbons Derivatives Market Size in Vietnam

In 2021, the Vietnamese aromatic hydrocarbons derivatives market increased by 26% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a deep setback. Aromatic hydrocarbons derivatives consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aromatic Hydrocarbons Derivatives Exports

Exports from Vietnam

In 2021, the amount of halogenated derivatives of aromatic hydrocarbons exported from Vietnam rose sharply to X tons, with an increase of 14% against 2020. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 284% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, aromatic hydrocarbons derivatives exports rose slightly to $X in 2021. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 304%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for aromatic hydrocarbons derivatives exports from Vietnam, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia totaled +18.7%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for halogenated derivatives of aromatic hydrocarbons exports from Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to +8.0%.

Export Prices by Country

The average aromatic hydrocarbons derivatives export price stood at $X per ton in 2021, falling by -10.9% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 133%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to -9.1% per year.

Aromatic Hydrocarbons Derivatives Imports

Imports into Vietnam

In 2021, the amount of halogenated derivatives of aromatic hydrocarbons imported into Vietnam surged to X tons, growing by 16% on the previous year. In general, imports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of 111%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, aromatic hydrocarbons derivatives imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 105%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) were the main suppliers of aromatic hydrocarbons derivatives imports to Vietnam, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +87.4%), while purchases for the other leaders experienced a decline.

In value terms, Japan ($X), China ($X) and South Korea ($X) appeared to be the largest aromatic hydrocarbons derivatives suppliers to Vietnam, together comprising 88% of total imports.

Among the main suppliers, Japan, with a CAGR of +99.5%, 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 a decline.

Import Prices by Country

In 2021, the average aromatic hydrocarbons derivatives import price amounted to $X per ton, growing by 26% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2018 when the average import price increased by 51% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for halogenated derivatives of aromatic hydrocarbons in the world?

China constituted the country with the largest volume of aromatic hydrocarbons derivatives consumption, comprising approx. 28% of total volume. Moreover, aromatic hydrocarbons derivatives consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of halogenated derivatives of aromatic hydrocarbons in the world?

China constituted the country with the largest volume of aromatic hydrocarbons derivatives production, comprising approx. 41% of total volume. Moreover, aromatic hydrocarbons derivatives production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. India ranked third in terms of total production with a 13% share.

What are the leading suppliers of halogenated derivatives of aromatic hydrocarbons to Vietnam?

In value terms, the largest aromatic hydrocarbons derivatives suppliers to Vietnam were Japan, China and South Korea, with a combined 88% share of total imports. The United States lagged somewhat behind, accounting for a further 6.7%.

What are the leading importers of halogenated derivatives of aromatic hydrocarbons from Vietnam?

In value terms, Saudi Arabia remains the key foreign market for aromatic hydrocarbons derivatives exports from Vietnam.

What is the average export price for halogenated derivatives of aromatic hydrocarbons in Vietnam?

In 2021, the average aromatic hydrocarbons derivatives export price amounted to $1,325 per ton, reducing by -49.3% against the previous year.

What is the average import price for halogenated derivatives of aromatic hydrocarbons in Vietnam?

The average aromatic hydrocarbons derivatives import price stood at $4,633 per ton in 2021, growing by 12% against the previous year.

This report provides an in-depth analysis of the aromatic hydrocarbons derivatives 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 20141970 - Halogenated derivatives of aromatic hydrocarbons

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
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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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