Report Update Nov 1, 2024

Vietnam - Unsaturated Polyesters in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Vietnam

In 2021, the Vietnamese market for unsaturated polyesters in primary forms increased by 24% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption posted prominent growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Unsaturated Polyesters In Primary Forms

Exports from Vietnam

In 2021, exports of unsaturated polyesters in primary forms from Vietnam surged to X tons, with an increase of 27% on the previous year. In general, exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016 when exports increased by 96% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, unsaturated polyesters in primary forms exports soared to $X in 2021. Overall, exports recorded a modest expansion. The growth pace was the most rapid in 2016 with an increase of 62%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Malaysia (X tons) and Indonesia (X tons) were the main destinations of unsaturated polyesters in primary forms exports from Vietnam, together accounting for 97% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +1.6%), while the other leaders experienced a decline.

In value terms, Thailand ($X), Malaysia ($X) and Indonesia ($X) constituted the largest markets for unsaturated polyesters in primary forms exported from Vietnam worldwide, together accounting for 97% of total exports.

Among the main countries of destination, Thailand, with a CAGR of +4.4%, recorded 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

In 2021, the average export price for unsaturated polyesters in primary forms amounted to $X per ton, with an increase of 9.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Indonesia ($X per ton) and Malaysia ($X per ton), while the average price for exports to Thailand ($X per ton) and South Korea ($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 (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Vietnam

In 2021, the amount of unsaturated polyesters in primary forms imported into Vietnam was estimated at X tons, almost unchanged from the previous year. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2014 when imports increased by 121% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, unsaturated polyesters in primary forms imports skyrocketed to $X in 2021. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 121% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

South Korea (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of unsaturated polyesters in primary forms imports to Vietnam, with a combined 67% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +69.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Malaysia ($X) and China ($X) were the largest unsaturated polyesters in primary forms suppliers to Vietnam, with a combined 67% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +53.7%, 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

In 2021, the average import price for unsaturated polyesters in primary forms amounted to $X per ton, increasing by 31% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Indonesia ($X per ton) and Thailand ($X per ton), while the price for Singapore ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.2%), 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 unsaturated polyesters in primary forms in the world?

China remains the largest unsaturated polyesters in primary forms consuming country worldwide, comprising approx. 23% of total volume. Moreover, unsaturated polyesters in primary forms consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the largest producers of unsaturated polyesters in primary forms in the world?

The country with the largest volume of unsaturated polyesters in primary forms production was China, comprising approx. 24% of total volume. Moreover, unsaturated polyesters in primary forms production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of unsaturated polyesters in primary forms to Vietnam?

In value terms, the largest unsaturated polyesters in primary forms suppliers to Vietnam were Malaysia, Taiwan Chinese) and South Korea, together comprising 59% of total imports.

What are the leading importers of unsaturated polyesters in primary forms from Vietnam?

In value terms, Thailand, Malaysia and Indonesia appeared to be the largest markets for unsaturated polyesters in primary forms exported from Vietnam worldwide, together accounting for 94% of total exports. Taiwan Chinese) lagged somewhat behind, comprising a further 5.6%.

What is the average export price for unsaturated polyesters in primary forms in Vietnam?

The average export price for unsaturated polyesters in primary forms stood at $2,697 per ton in 2021, reducing by -3.8% against the previous year.

What is the average import price for unsaturated polyesters in primary forms in Vietnam?

In 2021, the average import price for unsaturated polyesters in primary forms amounted to $1,360 per ton, waning by -42.4% against the previous year.

This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms 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 20164070 - Unsaturated liquid polyesters, in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate)
Prodcom 20164080 - Unsaturated polyesters, in primary forms (excluding liquid polyesters, polyacetals, polyethers, epoxide resins, p olycarbonates, alkyd resins, polyethylene terephthalate)

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