Report Update Nov 1, 2024

Vietnam - Propellant Powders - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Propellant Powders Market 2024

Propellant Powders Market Size in Vietnam

In 2021, the Vietnamese propellant powders market was finally on the rise to reach $X after seven years of decline. Overall, consumption, however, continues to indicate a deep reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Propellant Powders Production in Vietnam

In value terms, propellant powders production stood at $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep reduction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 82%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Propellant Powders Exports

Exports from Vietnam

In 2021, overseas shipments of propellant powders decreased by -18.2% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 291% against the previous year. The exports peaked at X tons in 2020, and then dropped markedly in the following year.

In value terms, propellant powders exports soared to $X in 2021. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 339% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Lao People's Democratic Republic (X tons) was the main destination for propellant powders exports from Vietnam, accounting for a 94% share of total exports. Moreover, propellant powders exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, Japan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lao People's Democratic Republic amounted to +15.3%.

In value terms, Lao People's Democratic Republic ($X) emerged as the key foreign market for propellant powders exports from Vietnam, comprising 77% of total exports. The second position in the ranking was taken by Japan ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Lao People's Democratic Republic stood at +18.5%.

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2021, jumping by 45% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 87%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, 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 Japan ($X per ton), while the average price for exports to Lao People's Democratic Republic amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Propellant Powders Imports

Imports into Vietnam

In 2021, overseas purchases of propellant powders increased by 24% to X tons, rising for the fourth year in a row after four years of decline. Overall, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of 1,180%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, propellant powders imports soared to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 1,193% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main propellant powders supplier to Vietnam, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -1.2%.

In value terms, the United States ($X) constituted the largest supplier of propellant powders to Vietnam.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -6.8%.

Import Prices by Country

The average propellant powders import price stood at $X per ton in 2021, dropping by -3.3% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 302%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +102.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propellant powders in the world?

China constituted the country with the largest volume of propellant powders consumption, accounting for 22% of total volume. Moreover, propellant powders consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the largest producers of propellant powders in the world?

China remains the largest propellant powders producing country worldwide, accounting for 23% of total volume. Moreover, propellant powders production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of propellant powders to Vietnam?

In value terms, the United States constituted the largest supplier of propellant powders to Vietnam.

What are the leading importers of propellant powders from Vietnam?

In value terms, Ethiopia emerged as the key foreign market for propellant powders exports from Vietnam, comprising 57% of total exports. The second position in the ranking was occupied by Lao People's Democratic Republic, with a 28% share of total exports.

What is the average export price for propellant powders in Vietnam?

In 2020, the average propellant powders export price amounted to $6,401 per ton, reducing by -10.5% against the previous year.

What is the average import price for propellant powders in Vietnam?

The average propellant powders import price stood at $20,708 per ton in 2020, growing by 7.8% against the previous year.

This report provides an in-depth analysis of the propellant powders 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 20511130 - Propellant powders

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