Vietnam: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Vietnam

The Vietnamese paper and paperboard market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Paper and paperboard consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Paper And Paperboard Production in Vietnam

In value terms, paper and paperboard production shrank to $X in 2022 estimated in export price. In general, production showed a perceptible slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Paper And Paperboard Exports

Exports from Vietnam

In 2022, approx. X tons of paper and paperboard were exported from Vietnam; with an increase of X% on the year before. Overall, exports posted a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, paper and paperboard exports reduced to $X in 2022. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Myanmar (X tons) was the main destination for paper and paperboard exports from Vietnam, accounting for a X% share of total exports. Moreover, paper and paperboard exports to Myanmar exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), sevenfold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for paper and paperboard exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Myanmar ($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 Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Vietnam

In 2022, the amount of paper and paperboard imported into Vietnam dropped to X tons, with a decrease of X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, paper and paperboard imports declined to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Japan (X tons) were the main suppliers of paper and paperboard imports to Vietnam, together comprising X% of total imports.

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

In value terms, the largest paper and paperboard suppliers to Vietnam were the United Arab Emirates ($X), China ($X) and Indonesia ($X), together comprising X% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of 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 paper and paperboard import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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