Vietnam - Quinones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Quinones Market 2024
Quinones Market Size in Vietnam
In 2022, the Vietnamese quinones market decreased by -41.8% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption, however, continues to indicate a strong expansion. Quinones consumption peaked at $X in 2021, and then declined dramatically in the following year.
Quinones Exports
Exports from Vietnam
In 2018, shipments abroad of quinones decreased by -28.6% to X kg for the first time since 2015, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a sharp decline. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.
In value terms, quinones exports dropped sharply to $X in 2018. In general, exports showed a sharp reduction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.
Exports by Country
Myanmar (X kg) was the main destination for quinones exports from Vietnam, accounting for a approx. 100% share of total exports.
From 2012 to 2018, the average annual rate of growth in terms of volume to Myanmar stood at -82.7%.
From 2012 to 2018, the average annual growth rate of value to Myanmar totaled -62.9%.
Export Prices by Country
The average quinones export price stood at $X per ton in 2018, falling by -14.7% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The export price peaked at $X per ton in 2015; however, from 2016 to 2018, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2018, the rate of growth in terms of prices for Myanmar amounted to +114.0% per year.
Quinones Imports
Imports into Vietnam
In 2022, overseas purchases of quinones decreased by -43% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2018 when imports increased by 95% against the previous year. Imports peaked at X tons in 2021, and then declined markedly in the following year.
In value terms, quinones imports declined sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 82% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Singapore (X tons) constituted the largest quinones supplier to Vietnam, with a 70% share of total imports. Moreover, quinones imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Israel (X tons), with a 7.1% share.
From 2012 to 2022, the average annual growth rate of volume from Singapore totaled +50.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.6% per year) and Israel (+37.4% per year).
In value terms, the largest quinones suppliers to Vietnam were China ($X), Israel ($X) and Singapore ($X), with a combined 77% share of total imports. The United States and Thailand lagged somewhat behind, together comprising a further 15%.
In terms of the main suppliers, the United States, with a CAGR of +50.1%, recorded 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 quinones import price stood at $X per ton in 2022, with an increase of 8.9% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 64%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Singapore ($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 (+40.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the quinones 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 20146260 - Quinones
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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