Vietnam: Market for Organic Surface Active Agents And Washing Preparations 2024

Market Size for Organic Surface Active Agents And Washing Preparations in Vietnam

The Vietnamese market for organic surface active agents and washing preparations reduced to $X in 2022, approximately equating the previous year. Over the period under review, consumption recorded a pronounced reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Organic Surface Active Agents And Washing Preparations in Vietnam

In value terms, production of organic surface active agents and washing preparations shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Organic Surface Active Agents And Washing Preparations

Exports from Vietnam

In 2022, shipments abroad of organic surface active agents and washing preparations decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, exports of organic surface active agents and washing preparations declined to $X in 2022. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Malaysia (X tons), the Philippines (X tons) and Australia (X tons) were the main destinations of exports of organic surface active agents and washing preparations from Vietnam, with a combined X% share of total exports. Cambodia, Thailand, Japan, New Zealand, Singapore, India, the United States, Hong Kong SAR, Indonesia and South Africa lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organic surface active agent and washing preparation exported from Vietnam were the Philippines ($X), Australia ($X) and Malaysia ($X), with a combined X% share of total exports. New Zealand, Japan, Thailand, Cambodia, the United States, India, Singapore, Hong Kong SAR, Indonesia and South Africa lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for organic surface active agents and washing preparations stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Cambodia ($X 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 New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents And Washing Preparations

Imports into Vietnam

After five years of growth, overseas purchases of organic surface active agents and washing preparations decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, imports of organic surface active agents and washing preparations declined to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Thailand (X tons) were the main suppliers of imports of organic surface active agents and washing preparations to Vietnam, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Thailand ($X) constituted the largest organic surface active agent and washing preparation suppliers to Vietnam, together comprising X% of total imports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 organic surface active agents and washing preparations stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then declined slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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