Vietnam Chemical Standard Report Q1/2020

Vietnam Chemical Standard Report Q1/2020

  • April 2020 •
  • 111 pages •
  • Report ID: 5886309 •
  • Format: PDF
VIETNAM CHEMICAL INDUSTRY
Chemicals are an industry that plays an important role in economic development, providing inputs for many essential industries for production and consumption such as fertilizers, paints and inks, and pesticides. materials, detergents ... The chemical industry has 8 product groups, in Q4 / 2019, the export value of the chemical industry accounts for about xx% of the country’s total export turnover.
Fertilizers and nitrogen compounds: Fertilizer consumption in Q4 / 2019 decreased by xx% compared to the same period in 2018. Imports of fertilizers increased by xx% in volume over the same period in 2018 due to production in low countries, policies to cut production, ..
Regarding synthetic rubber and primary plastic resins: It is estimated that in Q4 / 2019, the country will produce about xxx thousand tons of plastic resins, Vietnam’s total plastic raw material exports will increase sharply by xx.x% in volume and xx. .x% of value compared to the same period in 2018.
Regarding detergents: In Q4 / 2019, detergent production reached about xxx.x thousand tons, of which washing powder was still the main product accounting for the largest proportion thanks to benefits from population growth and average income. troop heads.
Regarding paint and ink: In Q4 / 2019, chemical paint production reached about xxx.x thousand tons, ink production reached xxx.x thousand tons. In the future, the paint and ink industry has positive growth prospects.
Regarding pesticides: In recent years, Vietnam’s pesticide market has grown on average 12% per year. Estimated import value of pesticides and raw materials in Q4 / 2019 increased by xx% over the same period in 2018.
Basic chemicals: In Q3 / 2019, imports of basic chemicals increased by x% over the same period in 2018, of which China was the main import market.
Regarding man-made fear: In Q3 / 2019, the production of man-made fibers increased x.x% compared to 2018, due to the return of PVText. Artificial fibers account for a major proportion of Vietnam’s fiber import and export turnover.