Vietnam Plastic Standard Report Q1/2020
VIETNAM PLASTIC INDUSTRY
Plastic is a popular material used in manufacturing with many advantages such as durable, light, hard to break, colorful. The plastic industry has been one of the world's stable growth industries over the past 50 years with Plastic packaging is the largest segment accounting for 26% of total plastic production.
Vietnam's plastic industry is the industry with a large number of businesses, with nearly 4,000 enterprises nationwide and employing up to 200,000 employees, most of which are concentrated in the South. More than 80% of domestic enterprises are small and medium-sized enterprises (SMEs) with fairly limited technological level, about 85% of machinery and equipment in the industry are imported.
Currently, Vietnam's plastic industry is in a state of trade deficit when the import turnover of plastic products is much larger than exports. Plastic products export turnover of Vietnam in the first 9 months increased by xx.x% compared to the same period in 2018.
Sales volume of plastic industry in Q4/2019 is estimated to increase by 5.5% compared to 2018, thanks to rapidly increasing demand for plastics, especially in the field of plastic packaging and construction, in addition, with capital contribution and The domination of foreign investors also helps businesses gain more capital and a professional sales strategy, thereby boosting domestic consumption.
According to VPA's forecast, plastic export turnover will continue to increase in 2019, Japan and the US will be Vietnam's main plastic import markets. For the domestic market, plastic packaging manufacturers can also take advantage of the opportunity when spending on food and non-alcoholic beverages is expected to grow by 11% in 2019.
Plastic is a popular material used in manufacturing with many advantages such as durable, light, hard to break, colorful. The plastic industry has been one of the world's stable growth industries over the past 50 years with Plastic packaging is the largest segment accounting for 26% of total plastic production.
Vietnam's plastic industry is the industry with a large number of businesses, with nearly 4,000 enterprises nationwide and employing up to 200,000 employees, most of which are concentrated in the South. More than 80% of domestic enterprises are small and medium-sized enterprises (SMEs) with fairly limited technological level, about 85% of machinery and equipment in the industry are imported.
Currently, Vietnam's plastic industry is in a state of trade deficit when the import turnover of plastic products is much larger than exports. Plastic products export turnover of Vietnam in the first 9 months increased by xx.x% compared to the same period in 2018.
Sales volume of plastic industry in Q4/2019 is estimated to increase by 5.5% compared to 2018, thanks to rapidly increasing demand for plastics, especially in the field of plastic packaging and construction, in addition, with capital contribution and The domination of foreign investors also helps businesses gain more capital and a professional sales strategy, thereby boosting domestic consumption.
According to VPA's forecast, plastic export turnover will continue to increase in 2019, Japan and the US will be Vietnam's main plastic import markets. For the domestic market, plastic packaging manufacturers can also take advantage of the opportunity when spending on food and non-alcoholic beverages is expected to grow by 11% in 2019.
Abbreviations
Summary
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
II. World market
1. DEFINITION AND CLASSIFICATION
2. PRODUCTION VALUE CHAIN
3. PRODUCTION
4. CONSUMPTION
III. Vietnam market
1. INDUSTRY HISTORY AND DEVELOPMENT
2. PRODUCTION
3. CONSUMPTION
4. IMPORT AND EXPORT
IV. Prospects and forecasts
1. PROSPECTS
2. INDUSTRY DEVELOPMENT PLANNING
V. Business analysis
1. INTRODUCTION OF BUSINESS
2. FINANCIAL ANALYSIS
VI. Appendix financial statements
Summary
I. Business environment
1. MACROECONOMIC SITUATION
2. LEGAL FRAMEWORK
II. World market
1. DEFINITION AND CLASSIFICATION
2. PRODUCTION VALUE CHAIN
3. PRODUCTION
4. CONSUMPTION
III. Vietnam market
1. INDUSTRY HISTORY AND DEVELOPMENT
2. PRODUCTION
3. CONSUMPTION
4. IMPORT AND EXPORT
IV. Prospects and forecasts
1. PROSPECTS
2. INDUSTRY DEVELOPMENT PLANNING
V. Business analysis
1. INTRODUCTION OF BUSINESS
2. FINANCIAL ANALYSIS
VI. Appendix financial statements
LIST OF CHARTS
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Import of plastic materials and the proportion of contribution to total turnover, 2010 - 2019
Figure 3: VND / USD exchange rate, 2013 - 2019
Figure 4: VND / CNY exchange rate, 2013 - 2019
Figure 5: Average price of crude oil and natural gas in the world, 2014 - 2019
Figure 6: Average electricity price, 7/2007 - 12/2019
Figure 7: Export of plastic and rubber processing machinery, 2013 - 2018e
Figure 8: Global production of plastic and plastic raw materials, 2010 - 2018
Figure 9: Global plastic consumption, 2011-2018e
Figure 10: Plastic consumption per capita in some countries in the world 2016
Figure 11: CAGR of plastic consumption in regions in the period 2015-2019f
Figure 12: Market share of rigid plastic packaging by region, 2017
Figure 13: Number of enterprises and employees in the industry, 2010 - 2018
Figure 14: Number of plastic enterprises by region, 2010 - 2018
Figure 15: Plastic production, 2009 - 2019e
Figure 16: Plastic production structure in 2019
Figure 17: Production of plastic packaging, 2009 – 2019e
Figure 18: Production of household plastic products, 2009 - 2019e
Figure 19: Production of construction plastic, 2009 - 2019e
Figure 20: Production output of engineering plastics and other plastics, 2009 – 2019e
Figure 21: Sales of plastic industry, 2013 - 2019e
Figure 22: Market share of plastic pipe consumption, 2018
Figure 23: Consumption and operating capacity of some plastic pipe enterprises, 2018
Figure 24: Import of plastic products, 2010 - 2019
Figure 25: Import turnover of plastic products by month, 2018 - 2019
Figure 26: Import market structure of plastic products, 2019
Figure 27: Structure of imported plastic products, 2019
Figure 28: Plastic product export turnover, 2010 - 2019
Figure 29: Import turnover of plastic products by month, 2018 - 2019
Figure 30: Export market structure of plastic products, 2019
Figure 31: Export structure of plastic products, 2019
Figure 32: Top exporters of plastic products in 2019
Figure 33: Structure of plastic products exported to Japan, 2019
Figure 34: Net revenue, 2017 - 2018
Figure 35: Gross profit, 2017 - 2018
Figure 36: Solvency, 2017 - 2018
Figure 37: Average payment period, 2017 - 2018
Figure 38: Days of average inventory, 2017 - 2018
Figure 39: Self-financing rate, 2017 - 2018
Figure 40: Selling expenses / Net sales ratio, 2017 - 2018
Figure 41: Administrative expenses / Net revenue, 2017 - 2018
Figure 42: Total assets turnover, 2017 - 2018
Figure 43: Turnover of fixed assets, 2017 - 2018
Figure 43: Profit ratio, 2017 - 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Import of plastic materials and the proportion of contribution to total turnover, 2010 - 2019
Figure 3: VND / USD exchange rate, 2013 - 2019
Figure 4: VND / CNY exchange rate, 2013 - 2019
Figure 5: Average price of crude oil and natural gas in the world, 2014 - 2019
Figure 6: Average electricity price, 7/2007 - 12/2019
Figure 7: Export of plastic and rubber processing machinery, 2013 - 2018e
Figure 8: Global production of plastic and plastic raw materials, 2010 - 2018
Figure 9: Global plastic consumption, 2011-2018e
Figure 10: Plastic consumption per capita in some countries in the world 2016
Figure 11: CAGR of plastic consumption in regions in the period 2015-2019f
Figure 12: Market share of rigid plastic packaging by region, 2017
Figure 13: Number of enterprises and employees in the industry, 2010 - 2018
Figure 14: Number of plastic enterprises by region, 2010 - 2018
Figure 15: Plastic production, 2009 - 2019e
Figure 16: Plastic production structure in 2019
Figure 17: Production of plastic packaging, 2009 – 2019e
Figure 18: Production of household plastic products, 2009 - 2019e
Figure 19: Production of construction plastic, 2009 - 2019e
Figure 20: Production output of engineering plastics and other plastics, 2009 – 2019e
Figure 21: Sales of plastic industry, 2013 - 2019e
Figure 22: Market share of plastic pipe consumption, 2018
Figure 23: Consumption and operating capacity of some plastic pipe enterprises, 2018
Figure 24: Import of plastic products, 2010 - 2019
Figure 25: Import turnover of plastic products by month, 2018 - 2019
Figure 26: Import market structure of plastic products, 2019
Figure 27: Structure of imported plastic products, 2019
Figure 28: Plastic product export turnover, 2010 - 2019
Figure 29: Import turnover of plastic products by month, 2018 - 2019
Figure 30: Export market structure of plastic products, 2019
Figure 31: Export structure of plastic products, 2019
Figure 32: Top exporters of plastic products in 2019
Figure 33: Structure of plastic products exported to Japan, 2019
Figure 34: Net revenue, 2017 - 2018
Figure 35: Gross profit, 2017 - 2018
Figure 36: Solvency, 2017 - 2018
Figure 37: Average payment period, 2017 - 2018
Figure 38: Days of average inventory, 2017 - 2018
Figure 39: Self-financing rate, 2017 - 2018
Figure 40: Selling expenses / Net sales ratio, 2017 - 2018
Figure 41: Administrative expenses / Net revenue, 2017 - 2018
Figure 42: Total assets turnover, 2017 - 2018
Figure 43: Turnover of fixed assets, 2017 - 2018
Figure 43: Profit ratio, 2017 - 2018
LIST OF TABLES
Table 1: Application by type of polymer
Table 2: Capacity scale of some plastic pipe enterprises, 2018
Table 3: A number of large enterprises producing engineering plastics
Table 4: Number of shops and agents of plastic pipe manufacturers, 2017
Table 5: List of manufacturing equipment and molds
Table 6: List of plastic raw material projects
Table 1: Application by type of polymer
Table 2: Capacity scale of some plastic pipe enterprises, 2018
Table 3: A number of large enterprises producing engineering plastics
Table 4: Number of shops and agents of plastic pipe manufacturers, 2017
Table 5: List of manufacturing equipment and molds
Table 6: List of plastic raw material projects
