Which items did Vietnam import from the New Zealand market increase by 1,108%? In the first 8 months of 2023, the whole country imported 1.39 million tons of paper of all kinds |
According to preliminary statistics of the General Department of Customs, in the first 8 months of 2024, the country imported 1.64 million tons of paper of all kinds, equivalent to nearly 1.45 billion USD, with an average price of 885.3 USD/ton, up 17% in volume, up 11.9% in turnover but down 4.4% in price compared to the first 8 months of 2023.
In August 2024 alone, paper imports decreased by 4.7% in volume and 4.4% in value compared to the previous month, reaching 222,422 tons, equivalent to 195.76 million USD; compared to the same month in 2023, they increased by 27% in volume and 21.3% in value. The average import price of paper of all kinds in August 2024 reached 880 USD/ton, up 0.4% compared to the previous month but down 4.5% compared to August 2023.
In the first 8 months of 2024, the whole country imported 1.64 million tons of paper of all kinds. Illustrative photo |
China, South Korea, Indonesia, and Japan are major markets supplying paper of all kinds to Vietnam; of which, imports from China were 551,649 tons, equivalent to 530.82 million USD, priced at 962.2 USD/ton, up 25.9% in volume, up 24% in turnover but down 1.5% in price compared to the first 8 months of 2023, accounting for 33.7% of the total volume of paper of all kinds imported nationwide and accounting for 36.7% in total turnover.
Imports from Indonesia were 201,946 tons, equivalent to 170.84 million USD, import price was 846 USD/ton, down 4.1% in volume, down 11% in turnover and down 7.2% in price compared to the same period last year, accounting for over 12.4% in total volume and 11.8% in total import turnover of all kinds of paper in the country.
Import of all kinds of paper in the first 8 months of 2024. Source: Data of the General Department of Customs |
Imports from South Korea were 199,416 tons worth 170.6 million USD, priced at 855.5 USD/ton, down 1.4% in volume, but up 4.6% in value and 6.1% in price over the same period in 2023, accounting for 12.2% of the total volume and 11.8% of the total value.
Imports from Japan increased by 34.4% in volume, 25.9% in value but decreased by 6.4% in price compared to the same period in 2023, reaching 191,079 tons, equivalent to 164.22 million USD, accounting for over 11% of the total volume and total value.
Currently, the whole country has about 500 enterprises operating in the paper industry and the number of enterprises belonging to the Vietnam Pulp and Paper Association (VPPA) is only 130 units but accounts for 90% of the industry's total capacity.
Vietnam has a lot of potential to develop the paper industry. Specifically, the average paper consumption per capita in Vietnam is about 44 kg/person, the demand for packaging paper for domestic consumption and export products has a large growth rate (paper demand increases by 8-10%/year, of which packaging paper demand increases by about 15%/year).
Source: https://congthuong.vn/8-thang-nam-2024-ca-nuoc-nhap-khau-164-trieu-tan-giay-cac-loai-348767.html
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