Vietnam Petroleum Asphalt Import Research Report 2025-2034

Petroleum Asphalt is a product produced during the crude oil processing process. It is a black or dark brown viscous liquid, semi-solid or solid at room temperature. It has good solubility, wear resistance, water resistance and high temperature resistance.

According to CRI analysis, Petroleum Asphalt is an important petroleum product, widely used in road construction, construction engineering, waterproofing engineering, water conservancy engineering and other fields. Its production and use have become the main symbol of the development level of a country's highway construction, house construction, etc.

The main producers of Petroleum Asphalt include China, the United States, Saudi Arabia, Singapore, Russia and Canada. These countries occupy an important position in asphalt production and export, and have a significant impact on the supply and price of the global asphalt market. According to CRI analysis, Europe, the United States and Asia are the main consumption areas of Petroleum Asphalt in the world. Among them, Southeast Asia has a rapid growth in demand for Petroleum Asphalt as its population grows and urbanization continues to advance, making it an important region for demand growth.

With the rapid development of Vietnam's economy, infrastructure construction is also accelerating, especially in the fields of road construction and waterproofing engineering, the demand for Petroleum Asphalt has increased significantly, which has promoted the growth of Vietnam's Petroleum Asphalt market. Vietnam plans to increase the total mileage of national roads to about 50,000 kilometers by 2030, which requires a lot of road construction and maintenance work, so the demand for high-quality asphalt in the Vietnamese market is increasing.

PetroVietnam is Vietnam's major oil and gas producer, and its subordinate refineries and petrochemical enterprises undertake most of the asphalt production tasks. However, due to insufficient domestic refining capacity in Vietnam, Vietnam's Petroleum Asphalt is highly dependent on imported products. According to CRI data, the total amount of Vietnam's Petroleum Asphalt imports in 2023 will reach US$541 million, and the cumulative amount of Vietnam's Petroleum Asphalt imports from January to November 2024 will be close to US$415 million.

According to CRI analysis, the main import sources of Vietnam's Petroleum Asphalt from 2021 to 2024 include Singapore, Thailand, Iraq and other countries. Singapore is the main import source of Vietnam's petroleum asphalt. The main companies exporting Petroleum Asphalt to Vietnam include HIIN ASIA PACIFIC PTE LTD, TIPCO ASPHALT PUBLIC COMPANY LIMITED, PACIFIC WELLS PTE LTD and other companies. The main importers of Vietnamese Petroleum Asphalt from 2021 to 2024 include PETROLIMEX ASPHALT COMPANY LIMITED, CÔNG TY TNHH NHỰA ĐƯỜNG PETROLIMEX, ASPHALT DISTRIBUTION COMPANY LIMITED and other trading and distribution companies.

According to CRI, the size of Vietnam's Petroleum Asphalt market will continue to grow in the next few years as infrastructure construction accelerates. Although Vietnam can also produce some petroleum asphalt, due to the limited domestic refining capacity, Vietnam's Petroleum Asphalt market is highly dependent on imported products.

CRI predicts that in the next few years, Vietnam's Petroleum Asphalt imports will show an upward trend. CRI recommends that overseas petrochemical companies should conduct research on the Vietnamese market as soon as possible and prepare for the layout of the Vietnamese market.

 

Topics covered:

  • The Import and Export of Petroleum Asphalt in Vietnam (2021-2024)
  • Total Import Volume and Percentage Change of Petroleum Asphalt in Vietnam (2021-2024)
  • Total Import Value and Percentage Change of Petroleum Asphalt in Vietnam (2021-2024)
  • Total Import Value and Percentage Change of Petroleum Asphalt in Vietnam (January-November 2024)
  • Average Import Price of Petroleum Asphalt in Vietnam (2021-2024)
  • Top 10 Sources of Petroleum Asphalt Imports in Vietnam and Their Supply Volume
  • Top 10 Suppliers in the Import Market of Petroleum Asphalt in Vietnam and Their Supply Volume
  • Top 10 Importers of Petroleum Asphalt in Vietnam and Their Import Volume
  • How to Find Distributors and End Users of Petroleum Asphalt in Vietnam
  • How Foreign Enterprises Enter the Petroleum Asphalt Market of Vietnam
  • Forecast for the Import of Petroleum Asphalt in Vietnam (2025-2034)


1 Overview of Vietnam
1.1 Geography of Vietnam
1.2 Economic Condition of Vietnam
1.3 Demographics of Vietnam
1.4 Domestic Market of Vietnam
1.5 Recommendations for Foreign Enterprises Entering the Vietnam Petroleum Asphalt Imports Market
2 Analysis of Petroleum Asphalt Imports in Vietnam (2021-2024)
2.1 Import Scale of Petroleum Asphalt in Vietnam
2.1.1 Import Value and Volume of Petroleum Asphalt in Vietnam
2.1.2 Import Prices of Petroleum Asphalt in Vietnam
2.2 Major Sources of Petroleum Asphalt Imports in Vietnam
3 Analysis of Major Sources of Petroleum Asphalt Imports in Vietnam (2021-2024)
3.1 Singapore
3.1.1 Analysis of Vietnam's Petroleum Asphalt Import Volume and Value from Singapore
3.1.2 Analysis of Average Import Price
3.2 Thailand
3.2.1 Analysis of Vietnam's Petroleum Asphalt Import Volume and Value from Thailand
3.2.2 Analysis of Average Import Price
3.3 Iraq
3.3.1 Analysis of Vietnam's Petroleum Asphalt Import Volume and Value from Iraq
3.3.2 Analysis of Average Import Price
3.4 Taiwan (China)
3.5 United Arab Emirates
3.6 China
4 Analysis of Major Suppliers in the Import Market of Petroleum Asphalt in Vietnam (2021-2024)
4.1 HIIN ASIA PACIFIC PTE LTD
4.1.1 Company Introduction
4.1.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.2 TIPCO ASPHALT PUBLIC COMPANY LIMITED
4.2.1 Company Introduction
4.2.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.3 PACIFIC WELLS PTE LTD
4.3.1 Company Introduction
4.3.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.4 Exporter 4
4.4.1 Company Introduction
4.4.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.5 Exporter 5
4.5.1 Company Introduction
4.5.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.6 Exporter 6
4.6.1 Company Introduction
4.6.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.7 Exporter 7
4.7.1 Company Introduction
4.7.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.8 Exporter 8
4.8.1 Company Introduction
4.8.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.9 Exporter 9
4.9.1 Company Introduction
4.9.2 Analysis of Petroleum Asphalt Exports to Vietnam
4.10 Exporter 10
4.10.1 Company Introduction
4.10.2 Analysis of Petroleum Asphalt Exports to Vietnam
5 Analysis of Major Importers in the Import Market of Petroleum Asphalt in Vietnam (2021-2024)
5.1 PETROLIMEX ASPHALT COMPANY LIMITED
5.1.1 Company Introduction
5.1.2 Analysis of Petroleum Asphalt Imports
5.2 CÔNG TY TNHH NHỰA ĐƯỜNG PETROLIMEX
5.2.1 Company Introduction
5.2.2 Analysis of Petroleum Asphalt Imports
5.3 ASPHALT DISTRIBUTION COMPANY LIMITED
5.3.1 Company Introduction
5.3.2 Analysis of Petroleum Asphalt Imports
5.4 Importer 4
5.4.1 Company Introduction
5.4.2 Analysis of Petroleum Asphalt Imports
5.5 Importer 5
5.5.1 Company Introduction
5.5.2 Analysis of Petroleum Asphalt Imports
5.6 Importer 6
5.6.1 Company Introduction
5.6.2 Analysis of Petroleum Asphalt Imports
5.7 Importer 7
5.7.1 Company Introduction
5.7.2 Analysis of Petroleum Asphalt Imports
5.8 Importer 8
5.8.1 Company Introduction
5.8.2 Analysis of Petroleum Asphalt Imports
5.9 Importer 9
5.9.1 Company Introduction
5.9.2 Analysis of Petroleum Asphalt Imports
5.10 Importer 10
5.10.1 Company Introduction
5.10.2 Analysis of Petroleum Asphalt Imports
6. Monthly Analysis of Petroleum Asphalt Imports in Vietnam from 2021 to 2024
6.1 Analysis of Monthly Import Value and Volume
6.2 Forecast of Monthly Average Import Prices
7. Key Factors Affecting Petroleum Asphalt Imports in Vietnam
7.1 Policy
7.1.1 Current Import Policies
7.1.2 Trend Predictions for Import Policies
7.2 Economic
7.2.1 Market Prices
7.2.2 Growth Trends of Petroleum Asphalt Production Capacity in Vietnam
7.3 Technology
8. Forecast for the Import of Petroleum Asphalt in Vietnam, 2025-2034
Disclaimer
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LIST OF CHARTS
Chart 2021-2024 Import Value and Volume of Petroleum Asphalt in Vietnam
Chart 2021-2024 Average Import Price of Petroleum Asphalt in Vietnam
Chart 2021-2024 Import Dependency of Petroleum Asphalt in Vietnam
Chart Top 10 Import Sources of Petroleum Asphalt in Vietnam (2021-2024)
Chart Top 10 Import Sources of Petroleum Asphalt in Vietnam (2022)
Chart Top 10 Import Sources of Petroleum Asphalt in Vietnam (2023)
Chart Top 10 Import Sources of Petroleum Asphalt in Vietnam (2024)
Chart Top 10 Suppliers of Petroleum Asphalt Imports in Vietnam (2021-2024)
Chart Top 10 Suppliers of Petroleum Asphalt Imports in Vietnam (2022)
Chart Top 10 Suppliers of Petroleum Asphalt Imports in Vietnam (2023)
Chart Top 10 Suppliers of Petroleum Asphalt Imports in Vietnam (2024)
Chart Value and Volume of Petroleum Asphalt Imported from Singapore to Vietnam (2021-2024)
Chart Value and Volume of Petroleum Asphalt Imported from Thailand to Vietnam (2021-2024)
Chart Value and Volume of Petroleum Asphalt Imported from Iraq to Vietnam (2021-2024)
Chart Value and Volume of Petroleum Asphalt Imported from Taiwan (China) to Vietnam (2021-2024)
Chart Top 10 Importers of Petroleum Asphalt in Vietnam (2021-2024)
Chart Top 10 Importers of Petroleum Asphalt in Vietnam (2022)
Chart Top 10 Importers of Petroleum Asphalt in Vietnam (2023)
Chart Top 10 Importers of Petroleum Asphalt in Vietnam (2024)
Chart Forecast for the Import of Petroleum Asphalt in Vietnam (2025-2034)

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