Commodity Market Report
Vietnam product markets 2021 outlook to 2050
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Total products in Vietnam was 109,000 b/d in net deficit in 2020, growing to 122,000 b/d deficit in 2021. The country had deficits in all products with the exception of a small surplus in naphtha, with the biggest contributor to the deficit being diesel/gasoil. The start-up of Nghi Son refinery in 2018, the second largest refinery in Vietnam, has reduced Vietnam's reliance on product imports. However, the deficits are expected to widen going forward due to steady demand growth and insufficient incremental refinery supply. In 2020, oil product demand decreased slightly to 471,000 b/d from 476,000 b/d in 2019, as Vietnam was minimally impacted by Covid-19. Looking forward, as Vietnam's economy expands, the country's oil product demand is forecast to grow at an average rate of 1.9% a year from 2020 to 2050. Demand is expected to reach 847,000 b/d in 2050.
Table of contents
- LPG
- Naphtha
- Gasoline
- Jet/kerosene
- Diesel/gasoil
- Fuel oil
-
Fuel quality specifications
- Gasoline
- Diesel/gasoil
- Refinery infrastructure and investments
- Refinery supply
-
Non-refinery supply
- NGLs
- Biofuels
Tables and charts
This report includes the following images and tables:
-
Road demand by fuel typesTotal car parc (passenger vehicle stock)Share of car parc by fuel type
-
Refineries in VietnamRefinery throughput and utilisationNon-refinery supply by productsNon-refinery supply by typeNet trade by productsProduct balances – all supply versus demand
What's included
This report contains:
Other reports you may be interested in
Market Report
Asia and Pacific region electric vehicle charging infrastructure forecast - Q3 2025
This dataset captures electric vehicle charging infrastructure data and forecasts as of Q3 2025.
$5,990
Commodity Market Report
Battle for the future 2023: Plummeting solar costs remake the power landscape in Asia Pacific
Analysis and outlook for APAC power technology and generation cost trends, including LCOE data and assumptions covering 26 technologies.
$15,000
Insight
Battle for the future 2022: Asia Pacific power and renewables competitiveness overview
Analysis and outlook to 2050 for power technology and generation cost trends in Asia Pacific
$3,000
