Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (CIF) - 2022
In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,472 per ton, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2018 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($2,472 per ton) and Taiwan (Chinese) ($2,472 per ton), while the price for Singapore ($2,472 per ton) and Malaysia ($2,472 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $2,133 per ton in 2022, growing by 5.4% against the previous year. Overall, the export price recorded a moderate increase. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. As a result, the export price attained the peak level of $2,486 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($2,133 per ton) and the United States ($2,133 per ton), while the average price for exports to China ($2,130 per ton) and Taiwan (Chinese) ($2,132 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam
In 2022, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Vietnam dropped to 14K tons, waning by -12.9% compared with 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 17K tons, and then contracted in the following year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped modestly to $36M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports reached the peak of $36M, leveling off in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.4 | 13.7 | 16.6 | 16.9 | 10.9% |
| Taiwan (Chinese) | 8.5 | 6.8 | 8.9 | 8.6 | 0.4% |
| Malaysia | 2.8 | 2.5 | 2.7 | 4.1 | 13.6% |
| Japan | 1.9 | 1.3 | 2.8 | 2.3 | 6.6% |
| South Korea | 1.3 | 1.2 | 2.0 | 1.8 | 11.5% |
| Singapore | 0.3 | 0.2 | 0.5 | 0.6 | 26.0% |
| France | 0.4 | 0.4 | 1.3 | 0.6 | 14.5% |
| United States | 1.8 | 1.2 | 0.7 | 0.3 | -45.0% |
| Others | 0.5 | 0.9 | 0.4 | 0.5 | 0.0% |
| Total | 29.8 | 28.3 | 36.0 | 35.7 | 6.2% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Vietnam in 2022:
- China (6.8K tons)
- Taiwan (Chinese) (3.5K tons)
- Malaysia (1.7K tons)
- Japan (0.9K tons)
- South Korea (0.7K tons)
- Singapore (0.2K tons)
- France (0.2K tons)
- United States (0.1K tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam
Exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from Vietnam soared to 92 tons in 2022, rising by 46% compared with the previous year's figure. Overall, exports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses skyrocketed to $197K in 2022. In general, exports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 539 | 29.8 | 14.8 | 138 | -36.5% |
| United States | N/A | N/A | N/A | 38.5 | 0% |
| Taiwan (Chinese) | N/A | N/A | 2.4 | 12.6 | 425.0% |
| Thailand | N/A | N/A | 7.2 | 3.3 | -54.2% |
| Philippines | N/A | N/A | N/A | 3.2 | 0% |
| China | N/A | N/A | 93.1 | 0.9 | -99.0% |
| Indonesia | N/A | 15.6 | 8.4 | N/A | -46.2% |
| Others | N/A | 11.7 | 2.1 | N/A | -82.1% |
| Total | 539 | 57.2 | 128 | 197 | -28.5% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Vietnam in 2022:
- Cambodia (64.9 tons)
- United States (18.1 tons)
- Taiwan (Chinese) (5.9 tons)
- Philippines (1.5 tons)
- Thailand (1.5 tons)
- China (0.4 tons)
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