Europlas batch colors in plastic industry worldwide and its foothold

Batch colors are currently at the forefront of growth compared to other export items of Vietnam market within the first 5 months of this year. With the growth of up to 145.3% in volume and 93% in turnover of this material is getting the attention of many manufacturers. Although the amount and turnover of batch colors increased sharply, when compared to the export of raw materials, it decreased significantly 21% over the same period and reached only 956.3 USD / ton. So how is this material made in Vietnam in the international market? Let's find out.

Which markets are manufacturers paying attention to when exporting batch colors?

Batch colors products manufactured in our country are currently exported mainly to the Chinese market (up 463% over the same period last year, reaching 362,095 tons and turnover also increased 397.6%, equivalent to US $ 294.76 million, but the export price is considered to be the cheapest compared to other markets with US $ 834.1 / ton, down 20.2% over the same period. Realizing that because this is a neighboring country and with a very strong manufacturing industry, it is quite understandable that Vietnamese products are exported to the huge market. Competitive sources are extremely numerous and harsh, so export prices are not as expected.

Behind the Chinese market, batch colors are continued to be exported to neighboring countries such as Indonesia with an output of 21,395 tons (US $ 32.6 million), followed by the Indian market. Degree with an output of 17,437 tons. In addition, exports to Thailand, the export reached 10,215 tons, the Japanese market decreased sharply compared to last year when the export volume was only 12. 157 tons.

The above figures are proving that the export market of batch colors is extremely bustling and growing very fast in a short time.

What fluctuations are encountered when exporting batch colors?

According to the research in the first 5 months of the year, the batch colors that were exported to other countries often changed, such as when exporting to Thailand, the yield decreased 8.7% compared to the previous year. And the Indian market increased sharply (13% compared to the same period last year). Particularly in the Korean market, the output, turnover and prices all increased sharply: Price increased by 26.4%, reaching 1,821.4 USD / ton; production increased by 83.1% to 5,259 tons and turnover increased by 131.5% to USD 9.58 million.

Some noteworthy things are that, when exporting Vietnamese products to small and medium markets, the output and turnover both increased significantly compared to the same period last year, and the export price also increased steadily in In most of these markets, it shows that Vietnamese batch colors are gradually showing their good role and occupy a significant position in the production and export to your country.