Vietnam - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Binders Price in Vietnam - 2021
Contents:
- Prepared Binders Price in Vietnam (CIF) - 2022
- Prepared Binders Price in Vietnam (FOB) - 2022
- Prepared Binders Imports in Vietnam
- Prepared Binders Exports in Vietnam
Prepared Binders Price in Vietnam (CIF) - 2022
In 2022, the average prepared binders import price amounted to $853 per ton, which is down by -2.5% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 2.5%. As a result, import price reached the peak level of $2,335 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($923 per ton), while the price for Indonesia ($285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-8.6%), while the prices for the other major suppliers experienced a decline.
Prepared Binders Price in Vietnam (FOB) - 2022
In 2022, the average prepared binders export price amounted to $2,159 per ton, dropping by -8.1% against the previous year. In general, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 38% against the previous year. The export price peaked at $2,668 per ton in 2018; however, from 2019 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 Japan ($5,522 per ton), while the average price for exports to Italy ($848 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 the Philippines (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Binders Imports in Vietnam
In 2022, after three years of growth, there was decline in supplies from abroad of prepared binders for foundry moulds or cores, when their volume decreased by -3.8% to 8.2K tons. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 19%.
In value terms, prepared binders imports fell to $7M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $7.4M, and then dropped in the following year.
Import of Prepared Binders in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 3,126 | 2,562 | 3,153 | 2,958 | -1.8% |
South Korea | 1,445 | 1,475 | 1,479 | 1,387 | -1.4% |
Thailand | 536 | 681 | 1,189 | 1,116 | 27.7% |
China | 774 | 1,159 | 901 | 845 | 3.0% |
Indonesia | 27.3 | 164 | 217 | 204 | 95.5% |
Japan | 203 | 149 | 119 | 129 | -14.0% |
Singapore | 177 | 71.7 | 87.6 | 92.2 | -19.5% |
Others | 208 | 266 | 301 | 256 | 7.2% |
Total | 6,497 | 6,528 | 7,446 | 6,987 | 2.5% |
Top Suppliers of Prepared Binders to Vietnam in 2022:
- Taiwan (Chinese) (3.2K tons)
- South Korea (1.5K tons)
- Thailand (1.2K tons)
- China (1.0K tons)
- Indonesia (0.7K tons)
- Japan (0.2K tons)
- Singapore (0.1K tons)
Prepared Binders Exports in Vietnam
In 2022, approx. 448 tons of prepared binders for foundry moulds or cores were exported from Vietnam; stabilizing at 2021 figures. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 19%. As a result, the exports attained the peak of 450 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, prepared binders exports fell to $968K in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $1M, and then contracted in the following year.
Export of Prepared Binders in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 378 | 415 | 253 | 492 | 9.2% |
South Africa | 4.4 | 29.7 | 28.6 | 137 | 214.6% |
Thailand | 267 | 208 | 82.2 | 91.7 | -30.0% |
Italy | 27.3 | 46.0 | 28.7 | 66.6 | 34.6% |
Saudi Arabia | 67.5 | 110 | 44.5 | 61.9 | -2.8% |
Poland | 40.0 | 23.3 | 2.9 | 23.4 | -16.4% |
Philippines | 7.8 | 1.9 | 10.4 | 20.1 | 37.1% |
Others | 60.8 | 56.7 | 595 | 75.1 | 7.3% |
Total | 853 | 890 | 1,045 | 968 | 4.3% |
Top Export Markets for Prepared Binders from Vietnam in 2022:
- Japan (89.1 tons)
- Thailand (83.9 tons)
- Italy (78.4 tons)
- Saudi Arabia (70.9 tons)
- South Africa (69.7 tons)
- Poland (25.8 tons)
- Philippines (9.8 tons)
This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores
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
-
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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