Alloy Steel Powders Price in Vietnam - 2021
Contents:
- Alloy Steel Powders Price in Vietnam (CIF) - 2022
- Alloy Steel Powders Price in Vietnam (FOB) - 2022
- Alloy Steel Powders Imports in Vietnam
- Alloy Steel Powders Exports in Vietnam
Alloy Steel Powders Price in Vietnam (CIF) - 2022
The average alloy steel powders import price stood at $4,588 per ton in 2022, picking up by 22% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alloy steel powders import price increased by +130.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 43%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($6,159 per ton), while the price for Malaysia ($923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Alloy Steel Powders Price in Vietnam (FOB) - 2022
The average alloy steel powders export price stood at $6,427 per ton in 2022, with a decrease of -8.3% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2015 an increase of 71%. The export price peaked at $7,913 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($7,857 per ton), while the average price for exports to Taiwan (Chinese) stood at $2,156 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.4%).
Alloy Steel Powders Imports in Vietnam
After three years of growth, purchases abroad of alloy steel powderses decreased by -43.7% to 2.6K tons in 2022. Overall, imports, however, saw a moderate increase. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. As a result, imports attained the peak of 4.7K tons, and then contracted sharply in the following year.
In value terms, alloy steel powders imports fell notably to $12M in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 171%. As a result, imports attained the peak of $18M, and then fell significantly in the following year.
| Import of Alloy Steel Powders in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.1 | 3.7 | 13.4 | 9.8 | 46.8% |
| China | 0.5 | 0.8 | 1.1 | 0.5 | 0.0% |
| Germany | 0.8 | 0.5 | 0.8 | 0.4 | -20.6% |
| Thailand | 0.1 | 0.2 | 0.9 | 0.4 | 58.7% |
| Finland | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
| Malaysia | 0.5 | 0.1 | 0.3 | 0.1 | -41.5% |
| Others | 0.9 | 0.7 | 0.7 | 0.5 | -17.8% |
| Total | 6.4 | 6.5 | 17.6 | 12.1 | 23.7% |
Top Suppliers of Alloy Steel Powders to Vietnam in 2022:
- Japan (1598.1 tons)
- China (551.3 tons)
- Malaysia (136.1 tons)
- Thailand (117.5 tons)
- Germany (109.2 tons)
- Finland (41.8 tons)
Alloy Steel Powders Exports in Vietnam
Alloy steel powders exports from Vietnam skyrocketed to 1.4 tons in 2022, picking up by 1,327% compared with the previous year's figure. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,601% against the previous year. As a result, the exports reached the peak of 3.9 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, alloy steel powders exports skyrocketed to $8.9K in 2022. In general, exports showed significant growth.
| Export of Alloy Steel Powders in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.4 | 13.5 | 0.6 | 8.1 | 79.5% |
| Taiwan (Chinese) | 0.4 | 1.3 | N/A | 0.7 | 20.5% |
| Lao People's Democratic Republic | N/A | 1.0 | N/A | N/A | 0% |
| Others | N/A | 1.4 | N/A | N/A | 0% |
| Total | 1.8 | 17.1 | 0.7 | 8.9 | 70.4% |
Top Export Markets for Alloy Steel Powders from Vietnam in 2022:
- Japan (1037.0 kg)
- Taiwan (Chinese) (347.0 kg)
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