Vietnam - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Bar Price in Vietnam - 2021
Contents:
- Aluminium Bar Price in Vietnam (FOB) - 2022
- Aluminium Bar Price in Vietnam (CIF) - 2022
- Aluminium Bar Exports in Vietnam
- Aluminium Bar Imports in Vietnam
Aluminium Bar Price in Vietnam (FOB) - 2022
In 2022, the average aluminium bar export price amounted to $3,485 per ton, declining by -6.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $3,712 per ton, and then dropped in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($3,667 per ton) and Cambodia ($3,561 per ton), while the average price for exports to Thailand ($3,364 per ton) and Canada ($3,406 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Bar Price in Vietnam (CIF) - 2022
The average aluminium bar import price stood at $3,878 per ton in 2022, with an increase of 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 when the average import price increased by 8.6%. As a result, import price attained the peak level of $4,641 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($4,814 per ton) and Indonesia ($4,507 per ton), while the price for South Korea ($3,713 per ton) and China ($3,810 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Bar Exports in Vietnam
In 2022, the amount of aluminium bars, rods and profiles exported from Vietnam fell dramatically to 63K tons, waning by -15.6% against the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 45%. As a result, the exports reached the peak of 75K tons, and then dropped significantly in the following year.
In value terms, aluminium bar exports fell dramatically to $220M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 71%. As a result, the exports attained the peak of $278M, and then shrank sharply in the following year.
| Export of Aluminium Bar in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.2 | 55.8 | 134 | 103 | 27.1% |
| South Korea | 62.2 | 59.9 | 68.4 | 52.3 | -5.6% |
| Canada | 23.6 | 15.9 | 32.4 | 24.8 | 1.7% |
| Japan | 20.0 | 13.1 | 20.9 | 22.9 | 4.6% |
| Australia | 6.9 | 5.6 | 9.0 | 6.9 | 0.0% |
| Others | 10.2 | 12.3 | 13.2 | 10.8 | 1.9% |
| Total | 173 | 163 | 278 | 220 | 8.3% |
Top Export Markets for Aluminium Bar from Vietnam in 2022:
- United States (29.6K tons)
- South Korea (15.0K tons)
- Canada (7.3K tons)
- Japan (6.2K tons)
- Australia (2.0K tons)
Aluminium Bar Imports in Vietnam
In 2022, the amount of aluminium bars, rods and profiles imported into Vietnam shrank to 78K tons, with a decrease of -9% against 2021. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year.
In value terms, aluminium bar imports contracted slightly to $304M in 2022. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 6% against the previous year.
| Import of Aluminium Bar in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 210 | 201 | 212 | 218 | 1.3% |
| South Korea | 49.4 | 32.6 | 21.4 | 23.9 | -21.5% |
| Malaysia | 42.0 | 16.3 | 18.7 | 17.0 | -26.0% |
| Japan | 42.2 | 16.5 | 17.2 | 10.3 | -37.5% |
| Indonesia | 16.8 | 9.0 | 10.8 | 9.5 | -17.3% |
| Thailand | 15.1 | 5.7 | 7.6 | 6.7 | -23.7% |
| Taiwan (Chinese) | 9.4 | 4.8 | 6.3 | 5.6 | -15.9% |
| Others | 20.4 | 8.9 | 18.9 | 12.5 | -15.1% |
| Total | 405 | 295 | 313 | 304 | -9.1% |
Top Suppliers of Aluminium Bar to Vietnam in 2022:
- China (57.3K tons)
- South Korea (6.4K tons)
- Malaysia (4.2K tons)
- Indonesia (2.1K tons)
- Japan (2.1K tons)
- Thailand (1.6K tons)
- Taiwan (Chinese) (1.3K tons)
This report provides an in-depth analysis of the aluminium bar market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
- Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
489
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