Report Update Jun 1, 2025

Vietnam - Propene (Propylene) - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Propene Market 2025

Propene Market Size in Vietnam

The Vietnamese propene market totaled $X in 2021, flattening at the previous year. In general, consumption, however, saw a abrupt shrinkage. Propene consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Propene Production in Vietnam

In value terms, propene production amounted to $X in 2021 estimated in export price. In general, production, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. Propene production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Propene Exports

Exports from Vietnam

In 2021, shipments abroad of propene (propylene) decreased by -48.7% to X tons, falling for the third year in a row after four years of growth. Over the period under review, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 125%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, propene exports declined sharply to $X in 2021. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 199%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons), Taiwan (Chinese) (X tons) and Malaysia (X tons) were the main destinations of propene exports from Vietnam, with a combined 75% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +10,195,650.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for propene exported from Vietnam were Singapore ($X), Malaysia ($X) and Taiwan (Chinese) ($X), together comprising 74% of total exports.

Among the main countries of destination, Singapore, with a CAGR of +10,319,085.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average propene export price stood at $X per ton in 2021, with an increase of 2.4% against the previous year. Overall, export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, propene export price increased by +57.4% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 33%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were China ($X per ton) and Malaysia ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Propene Imports

Imports into Vietnam

In 2021, the amount of propene (propylene) imported into Vietnam amounted to less than X kg, approximately reflecting the previous year. In general, imports saw a relatively flat trend pattern.

In value terms, propene imports amounted to less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propene (propylene) in the world?

The countries with the highest volumes of propene consumption in 2021 were the United States, India and Japan, together comprising 29% of global consumption. These countries were followed by Pakistan, Brazil, China, Bangladesh, Germany, the UK, Mexico, Russia, Turkey and the Netherlands, which together accounted for a further 31%.

What are the largest producers of propene (propylene) in the world?

The countries with the highest volumes of propene production in 2021 were the United States, India and Japan, together accounting for 31% of global production. Pakistan, Brazil, Bangladesh, South Korea, Germany, the UK, Russia, Turkey, Mexico and the Netherlands lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of propene (propylene) to Vietnam?

In value terms, Thailand constituted the largest supplier of propene to Vietnam, comprising 45% of total imports. The second position in the ranking was occupied by South Korea, with a 19% share of total imports. It was followed by Saudi Arabia, with an 18% share.

What are the leading importers of propene (propylene) from Vietnam?

In value terms, China, Taiwan Chinese) and Malaysia constituted the largest markets for propene exported from Vietnam worldwide, with a combined 88% share of total exports.

What is the average export price for propene (propylene) in Vietnam?

In 2021, the average propene export price amounted to $892 per ton, picking up by 22% against the previous year.

What is the average import price for propene (propylene) in Vietnam?

The average propene import price stood at $786 per ton in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the propene 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 20141140 - Propene (propylene)

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 THE 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 TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
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 Export
- This Chapter is Available Only for the Professional EditionPRO
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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, By Product
11. Average Per Capita Consumption, By Product
12. Exports and Growth, By Product
13. Export Prices and Growth, By Product
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: Historical Data (2012–2024) and Forecast (2025–2035)
22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country, 2012–2024
29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country, 2012–2024