Vietnam - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 10, 2024

Vietnam - Artificial Filament Tow - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Filament Tow Price in Vietnam - 2022

Contents:

  1. Artificial Filament Tow Price in Vietnam (CIF) - 2022
  2. Artificial Filament Tow Price in Vietnam (FOB) - 2022
  3. Artificial Filament Tow Imports in Vietnam
  4. Artificial Filament Tow Exports in Vietnam

Artificial Filament Tow Price in Vietnam (CIF) - 2022

The average artificial filament tow import price stood at $4,455 per ton in 2022, approximately mirroring the previous year. Overall, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2013 an increase of 19%. The import price peaked at $6,341 per ton in 2015; however, from 2016 to 2022, 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 Singapore ($7,599 per ton), while the price for Hong Kong SAR ($1,287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+1.2%), while the prices for the other major suppliers experienced a decline.

Artificial Filament Tow Price in Vietnam (FOB) - 2022

In 2022, the average artificial filament tow export price amounted to $4,145 per ton, leveling off at the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial filament tow export price decreased by -32.3% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of 65% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,120 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($5,778 per ton), while the average price for exports to Hong Kong SAR ($2,472 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 Indonesia (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Artificial Filament Tow Imports in Vietnam

In 2022, artificial filament tow imports into Vietnam fell modestly to 13K tons, waning by -4.9% against 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, imports attained the peak of 14K tons, and then contracted in the following year.

In value terms, artificial filament tow imports dropped to $58M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports attained the peak of $61M, and then contracted in the following year.

Import of Artificial Filament Tow in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan21.418.521.018.9-4.1%
United States16.015.916.316.71.4%
Singapore13.912.614.512.4-3.7%
Germany3.23.53.53.1-1.1%
South KoreaN/AN/A2.32.1-8.7%
ChinaN/AN/AN/A1.60%
Hong Kong SAR1.61.51.51.3-6.7%
Others1.62.62.52.07.7%
Total57.754.661.558.10.2%

Top Suppliers of Artificial Filament Tow to Vietnam in 2022:

  1. Japan (4.5K tons)
  2. United States (4.2K tons)
  3. Singapore (1.6K tons)
  4. Hong Kong SAR (1.0K tons)
  5. Germany (0.8K tons)
  6. South Korea (0.5K tons)
  7. China (0.4K tons)

Artificial Filament Tow Exports in Vietnam

In 2022, overseas shipments of artificial filament tow decreased by -21.8% to 255 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 346% against the previous year.

In value terms, artificial filament tow exports fell remarkably to $1.1M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 318%.

Export of Artificial Filament Tow in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore41.4332386519132.3%
Myanmar49.228415222967.0%
Indonesia2.131.0127205360.4%
Hong Kong SAR27.411746.551.923.7%
PakistanN/AN/AN/A50.40%
China56.9N/AN/AN/A0%
CambodiaN/AN/A638N/A0%
Others6.21.4N/A2.9-22.4%
Total1837661,3491,05879.5%

Top Export Markets for Artificial Filament Tow from Vietnam in 2022:

  1. Singapore (143.8 tons)
  2. Indonesia (41.9 tons)
  3. Myanmar (39.6 tons)
  4. Hong Kong SAR (21.0 tons)
  5. Pakistan (8.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial filament tow 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 20602120 - Artificial filament tow and staple fibres (not carded, combed or otherwise processed for spinning), of viscose rayon
  • Prodcom 20602140 - Artificial filament tow, of acetate
  • Prodcom 20602190 - Other artificial filament tow and staple fibres (not carded, c ombed or otherwise processed for spinning)

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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