Vietnam - Acetone - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAcetone Price in Vietnam - 2022
Contents:
- Acetone Price in Vietnam (CIF) - 2022
- Acetone Price in Vietnam (FOB) - 2022
- Acetone Imports in Vietnam
- Acetone Exports in Vietnam
Acetone Price in Vietnam (CIF) - 2022
In 2022, the average acetone import price amounted to $1,064 per ton, with an increase of 8.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 27%. The import price peaked at $1,251 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($1,064 per ton) and South Korea ($1,064 per ton), while the price for Singapore ($1,064 per ton) and Thailand ($1,064 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Vietnam (FOB) - 2022
In 2022, the average acetone export price amounted to $1,012 per ton, jumping by 40% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,199 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($1,012 per ton) and Myanmar ($1,012 per ton), while the average price for exports to Canada ($1,012 per ton) and India ($1,012 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 Myanmar (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Acetone Imports in Vietnam
Acetone imports into Vietnam rose sharply to 23K tons in 2022, picking up by 7.4% against the year before. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, acetone imports surged to $24M in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Acetone in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.5 | 5.9 | 6.1 | 11.4 | 36.3% |
| Singapore | 3.9 | 5.3 | 7.1 | 5.9 | 14.8% |
| Thailand | 1.1 | 4.6 | 4.6 | 3.8 | 51.2% |
| South Korea | 1.0 | 1.5 | 1.2 | 2.7 | 39.2% |
| China | 0.1 | N/A | 1.3 | 0.1 | 0.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Total | 10.9 | 17.6 | 20.7 | 24.1 | 30.3% |
Top Suppliers of Acetone to Vietnam in 2022:
- Taiwan (Chinese) (10.7K tons)
- Singapore (5.6K tons)
- Thailand (3.6K tons)
- South Korea (2.5K tons)
- China (0.1K tons)
Acetone Exports in Vietnam
For the fourth consecutive year, Vietnam recorded growth in overseas shipments of acetone, which increased by 268% to 940 tons in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, acetone exports soared to $951K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Acetone in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 27.7 | 46.9 | 81.6 | 500 | 162.3% |
| Australia | 23.2 | 21.9 | 12.4 | 154 | 87.9% |
| Bangladesh | 7.3 | 17.4 | 32.3 | 140 | 167.7% |
| Myanmar | 1.4 | 4.4 | 3.9 | 50.9 | 231.3% |
| India | N/A | N/A | N/A | 36.4 | 0% |
| Malaysia | N/A | 5.9 | 13.3 | 28.3 | 119.0% |
| Canada | N/A | N/A | N/A | 17.6 | 0% |
| Sri Lanka | 24.1 | 18.1 | 26.8 | 7.4 | -32.5% |
| Others | N/A | 9.6 | 14.5 | 16.7 | 31.9% |
| Total | 83.6 | 124 | 185 | 951 | 124.9% |
Top Export Markets for Acetone from Vietnam in 2022:
- Cambodia (493.9 tons)
- Australia (152.3 tons)
- Bangladesh (138.4 tons)
- Myanmar (50.3 tons)
- India (36.0 tons)
- Malaysia (27.9 tons)
- Canada (17.4 tons)
- Sri Lanka (7.4 tons)
This report provides an in-depth analysis of the acetone 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 20146211 - Acetone
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
439
This report provides an in-depth analysis of the acetone market in Vietnam.
419
This report provides an in-depth analysis of the ketone and quinone market in Vietnam.
386
This report provides an in-depth analysis of the methyl isobutyl ketone market in Vietnam.
285
This report provides an in-depth analysis of the butanone market in Vietnam.
329
This report provides an in-depth analysis of the cyclohexanone and methylcyclohexanones market in Vietnam.
294
This report provides an in-depth analysis of the ionones and methylionones market in Vietnam.
256
This report provides an in-depth analysis of the quinones market in Vietnam.
20
This report provides an in-depth analysis of the market for acyclic ketones without other oxygen function in Vietnam.
72
This report provides an in-depth analysis of the market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Vietnam.
2213
This report provides an in-depth analysis of the global acetone market.
77
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
250
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1510
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
77
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
250
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1510
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1129
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
