Vietnam - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene Polymer Bag Price in Vietnam - 2021

Contents:

  1. Ethylene Polymer Bag Price in Vietnam (FOB) - 2022
  2. Ethylene Polymer Bag Price in Vietnam (CIF) - 2022
  3. Ethylene Polymer Bag Exports in Vietnam
  4. Ethylene Polymer Bag Imports in Vietnam

Ethylene Polymer Bag Price in Vietnam (FOB) - 2022

The average ethylene polymer bag export price stood at $1,966 per ton in 2022, dropping by -7.6% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,251 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,133 per ton), while the average price for exports to Spain ($1,397 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 Poland (-0.9%), while the prices for the other major destinations experienced a decline.

Ethylene Polymer Bag Price in Vietnam (CIF) - 2022

The average ethylene polymer bag import price stood at $3,495 per ton in 2022, reducing by -9.3% against the previous year. Overall, the import price recorded a noticeable descent. The growth pace was the most rapid in 2021 when the average import price increased by 21%. The import price peaked at $5,056 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($3,701 per ton) and Hong Kong SAR ($3,430 per ton), while the price for Malaysia ($3,140 per ton) and Thailand ($3,155 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.0%), while the prices for the other major suppliers experienced a decline.

Ethylene Polymer Bag Exports in Vietnam

After two years of decline, overseas shipments of sacks and bags of polymers of ethylene increased by 2.7% to 577K tons in 2022. Over the period under review, exports, however, showed a pronounced setback.

In value terms, ethylene polymer bag exports shrank to $1.1B in 2022. In general, exports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of $1.2B, and then fell in the following year.

Export of Ethylene Polymer Bag in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan285243227210-9.7%
United States13116618817510.1%
Germany1061061161235.1%
United Kingdom71.569.585.565.9-2.7%
Netherlands32.034.339.033.61.6%
France40.731.337.933.4-6.4%
Poland29.723.124.030.00.3%
Australia13.813.918.823.519.4%
Spain11.98.521.914.97.8%
Denmark10.48.113.014.612.0%
Others442370425411-2.4%
Total1,1751,0741,1961,135-1.1%

Top Export Markets for Ethylene Polymer Bag from Vietnam in 2022:

  1. Japan (127.6K tons)
  2. Germany (66.5K tons)
  3. United States (56.0K tons)
  4. United Kingdom (34.4K tons)
  5. Netherlands (17.3K tons)
  6. France (17.1K tons)
  7. Poland (15.6K tons)
  8. Australia (14.4K tons)
  9. Spain (10.7K tons)
  10. Denmark (8.3K tons)

Ethylene Polymer Bag Imports in Vietnam

Ethylene polymer bag imports into Vietnam rose remarkably to 27K tons in 2022, with an increase of 5.9% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 8%. As a result, imports attained the peak of 28K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, ethylene polymer bag imports contracted slightly to $94M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 12%.

Import of Ethylene Polymer Bag in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.841.952.349.110.1%
South Korea9.714.911.311.14.6%
Japan10.210.811.010.30.3%
Thailand10.19.37.58.3-6.3%
Taiwan (Chinese)3.94.04.34.00.8%
Malaysia3.22.62.02.4-9.1%
Others6.36.59.48.811.8%
Total80.190.097.793.95.4%

Top Suppliers of Ethylene Polymer Bag to Vietnam in 2022:

  1. China (13.3K tons)
  2. South Korea (3.5K tons)
  3. Japan (3.1K tons)
  4. Thailand (2.6K tons)
  5. Taiwan (Chinese) (1.2K tons)
  6. Malaysia (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Sacks And Bags Of Polymers Of Ethylene - Vietnam