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Vietnam chemical industry factsheet

May 2022 | 44 pages | ID: VA57CB121C3BEN
Vietnam Industry Research And Consultant (VIRAC)

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Fertilizer prices recorded an increase to the highest level in the past 50 years due to the influence of world fertilizer prices, as well as the costs of production inputs (raw materials, energy, and logistics). The output (+X%) and value (+1X%) of fertilizer exports increased to a record, especially with two types of NPK and Urea.

It is forecasted that fertilizer prices will remain at a high level in the next few years when the Russia – Ukraine political conflict shows no signs of cooling down, as well as supply from Belarus - a powerhouse of fertilizers interrupted by the influence of economic sanctions.

Synthetic fiber and plastic resins: Domestic supply faced difficulties in the first quarter when Nghi Son oil refinery faced financial difficulties and stopped operating. Import prices of resin were also at a high level, even in shortage of supply.

Detergent supply increased, including both domestic and imported ones.
1. SUMMARY

2. INDUSTRY SCALE

3. MACROECONOMICS

4. FERTILIZERS AND ORGANIC COMPOUNDS

5. SYNTHETIC RUBBER AND PLASTIC RESINS

6. DETERGENTS

7. PAINT AND PRINTING INK

8. CROP PROTECTION AGENT

9. BASIC CHEMICALS

10. ARTIFICIAL FIBER

11. FORECAST

LIST OF TABLES

Average import price of some plastic products 3M/2022
Detergent production quantity, Q1/2020 – Q1/2022
Paint industry capacity by the end of 2021
Enterprises producing active elements for crop protection agent
Vietnam’s yellow phosphorus manufacturing factories
Production quantity of some type of fiber of Vietnam, Q1/2022

LIST OF FIGURES

2. Industry scale
Number of chemical enterprises, by the end of 2020
Chemical manufacturing enterprises by economic region
Production value of chemical industry 2011 2020
3. Macroeconomics
GDP growth rate by quarter, 2019 – Q1/2022
Newly registered, added and contributed foreign direct investment capital in the processing and manufacturing industry, 2017 Q1/2022
GDP growth of processing and manufacturing industries, 2019 Q1/2022
USD Price Index, 2019 Q1/2022
IIP and PMI Index, 2016 Q1/2022
CPI convulsion, 2016 Q1/2022
4. Fertilizers and organic compounds
Vietnam coal supply, 2016 Q1/2022
Domestic supply of LPG 2016 Q1/2022
Domestic dry gas exploitation, 2016 Q1/2022
Comparison between domestic and world coal price , 2019 2021
Price of natural gas in Phu My and in the world 2019 2022
Average full electricity market price (FMP), 2019 2022
Apatite mining output in Vietnam, 2020 3M/2022
Fertilizers supply, 2015 Q1/2022
Fertilizers supply by product, Q1/2022
Fertilizer import volume by type, Q1/2022
Price of imported fertilizers 2015 Q1/202
Vietnam fertilizer demand, 2015 Q1/2022
Exporting fertilizers to markets in Q1/2022
Price of some fertilizers, 2018 2022
5. Synthetic rubber and plastic resins
Supply of plastic resins in Vietnam, 2015 Q1/2022
Supply by market, Q1/2022
Vietnam PP supply, 2020 Q1/2022
Vietnam PE supply, 2020 Q1/2022
Vietnam PVC supply 2020 Q1/2022
Import of plastic materials into Vietnam, 3M/2022e
Types of imported plastic materials by turnover, 3M/2022
6. Detergents
Detergents quantity, 2016 Q1/2022
Detergent production value, 2016 Q1/2022
Fragrances, cosmetics and hygiene products import, 2015 Q1/2022
Fragrances, cosmetics and hygiene products import, 3M/2022
Soap consuming by type, 2016 2021
Liquid soap sales by enterprise
Liquid soap sales by brand
Sales of bar soaps by enterprise
Bar soap sales by brand
7. Paint and printing ink
Production quantity of paints, varnishes and similar coatings and mastics 2015 Q1/2022
Scale of paint industry by type of business, 2020
Consumption value of paints, varnishes and similar coatings and mastics 2015 Q1/2022
Domestic ink production, 2015 Q1/2022
Value of domestic ink consumption in Vietnam, 2015 Q1/2022
Paint industry by type, 2021
Import and export of paints and printing ink of Vietnam, 2015 Q1/2022
Paint and printing ink export market, Q1/2022
Paint and printing ink import market, Q1/2022
8. Crop protection agent
Crop protection agent production, 2015 Q1/2022
Consumption value of crop protection agent, 2018 Q1/2022
Import of pesticides and raw materials 2015 Q1/2022
Import of pesticides and raw materials by market, Q1/2022
9. Basic chemicals
Vietnam basic chemicals production, 2015 Q1/2022
Value consumption of basic chemicals, 2015 Q1/2022
Inorganic chemicals by type, Q1/2022
Organic chemicals by type, Q1/2022
Production of caustic soda – NaOH, 2015 – Q1/2022
NaOH import turnover, 2016 2021
NaOH import by type, 2021
Vietnam yellow phosphorus quantity, 2015 Q1/2022
10. Artificial fiber
Import of fibers and yarns of all kinds, 2018 Q1/2022
Imported fibers and yarns by country, Q1/2022
11. Forecast
Industrial salt import quota
Lead and zinc prices movement, 2010 2035
Sulfur price movements, 2021 2022
WTI oil price forecast 2021 2023f
ENSO phenomena forecast 2022
Volume of goods transported by road, 2017 2022f
Car sales in the whole market*, 2017 2022f


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