Report Update Nov 1, 2024

Vietnam - Polyvinyl Chloride in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Vietnam

The Vietnamese polyvinyl chloride market skyrocketed to $X in 2022, rising by 18% 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). Over the period under review, consumption posted a remarkable increase. Polyvinyl chloride consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Polyvinyl Chloride Exports

Exports from Vietnam

After two years of growth, shipments abroad of polyvinyl chloride decreased by -12.1% to X tons in 2022. Overall, exports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2020 when exports increased by 77%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, polyvinyl chloride exports declined sharply to $X in 2022. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 86%. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

India (X tons) was the main destination for polyvinyl chloride exports from Vietnam, with a 42% share of total exports. Moreover, polyvinyl chloride exports to India exceeded the volume sent to the second major destination, Thailand (X tons), fourfold. Bangladesh (X tons) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+1.6% per year) and Bangladesh (+12.6% per year).

In value terms, India ($X) remains the key foreign market for polyvinyl chloride exports from Vietnam, comprising 33% of total exports. The second position in the ranking was held by Thailand ($X), with an 11% share of total exports. It was followed by Bangladesh, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+1.3% per year) and Bangladesh (+21.0% per year).

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, declining by -12.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 41% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to India ($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 Bangladesh (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into Vietnam

In 2022, imports of polyvinyl chloride into Vietnam skyrocketed to X tons, jumping by 17% on the year before. Overall, imports saw a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 32%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, polyvinyl chloride imports rose notably to $X in 2022. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) were the main suppliers of polyvinyl chloride imports to Vietnam, together accounting for 70% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +35.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) were the largest polyvinyl chloride suppliers to Vietnam, together accounting for 70% of total imports.

China, with a CAGR of +32.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polyvinyl chloride import price amounted to $X per ton, waning by -7.1% against the previous year. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the United States ($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 (+1.0%), 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 polyvinyl chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 44% of global consumption.

What are the largest producers of polyvinyl chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 46% of global production.

What are the leading suppliers of polyvinyl chloride to Vietnam?

In value terms, the largest polyvinyl chloride suppliers to Vietnam were Taiwan Chinese), Japan and China, with a combined 64% share of total imports.

What are the leading importers of polyvinyl chloride from Vietnam?

In value terms, India, Thailand and Bangladesh constituted the largest markets for polyvinyl chloride exported from Vietnam worldwide, with a combined 56% share of total exports. Sri Lanka, Myanmar, Australia, China, South Korea, the United States, Canada, Indonesia, the Philippines and Cambodia lagged somewhat behind, together accounting for a further 30%.

What is the average export price for polyvinyl chloride in Vietnam?

The average polyvinyl chloride export price stood at $1,142 per ton in 2021, reducing by -9.4% against the previous year.

What is the average import price for polyvinyl chloride in Vietnam?

In 2021, the average polyvinyl chloride import price amounted to $1,366 per ton, increasing by 39% against the previous year.

This report provides an in-depth analysis of the polyvinyl chloride 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 20163010 - Polyvinyl chloride, not mixed with any other substances, in primary forms
Prodcom 20163023 - Non-plasticised polyvinyl chloride mixed with any other substance, in primary forms
Prodcom 20163025 - Plasticised polyvinyl chloride mixed with any other substance, i n primary forms

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:

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
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. 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