Report Update: Apr 1, 2024

Vietnam - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Aluminium Foil Price in Vietnam - 2022

Aluminium Foil Price in Vietnam (CIF) - 2022

The average aluminium foil import price stood at $6,427 per ton in December 2022, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in January 2022 when the average import price increased by 21% m-o-m. The import price peaked in December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Japan ($7,444 per ton) and Singapore ($7,156 per ton), while the price for China ($6,260 per ton) and Malaysia ($6,506 per ton) were amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Foil Price in Vietnam (FOB) - 2022

The average aluminium foil export price stood at $6,437 per ton in December 2022, surging by 1.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 when the average export price increased by 6.5% month-to-month. The export price peaked in December 2022.

Average prices varied somewhat for the major export markets. In December 2022, the highest price was recorded for prices to Singapore ($8,080 per ton) and Thailand ($6,483 per ton), while the average price for exports to Cambodia ($6,334 per ton) and Colombia ($6,355 per ton) were amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Foil Imports in Vietnam

Aluminium foil imports into Vietnam skyrocketed to 48K tons in 2022, growing by 28% on the previous year's figure. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium foil imports surged to $237M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium Foil in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	113	121	150	190	18.9%
Singapore	5.4	5.7	7.0	11.8	29.8%
South Korea	13.4	14.8	16.3	11.2	-5.8%
Japan	6.2	6.5	7.4	7.0	4.1%
Malaysia	2.6	3.4	3.3	3.7	12.5%
Others	11.8	13.3	12.0	12.9	3.0%
Total	152	165	196	237	16.0%

Top Suppliers of Aluminium Foil to Vietnam in 2022:

China (40.7K tons)
Singapore (1.9K tons)
South Korea (1.5K tons)
Japan (1.1K tons)
Malaysia (0.7K tons)

Aluminium Foil Exports in Vietnam

In 2022, aluminium foil exports from Vietnam shrank significantly to 1.5K tons, falling by -50.4% on the year before. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 3K tons, and then contracted notably in the following year.

In value terms, aluminium foil exports contracted remarkably to $12M in 2022. Over the period under review, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +8.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $18M, and then dropped dramatically in the following year.

Export of Aluminium Foil in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	2,140	3,934	5,732	2,529	5.7%
Brazil	1,295	1,069	2,369	2,091	17.3%
Lao People's Democratic Republic	616	782	1,445	979	16.7%
Taiwan (Chinese)	598	618	1,318	893	14.3%
Cambodia	1,314	763	1,159	883	-12.4%
Thailand	466	519	999	739	16.6%
Singapore	975	647	662	491	-20.4%
Mexico	283	707	321	385	10.8%
Philippines	337	475	683	370	3.2%
South Korea	226	108	181	369	17.8%
Pakistan	20.4	97.2	515	349	157.7%
Indonesia	344	361	288	270	-7.8%
Germany	199	184	293	214	2.5%
Others	2,540	1,886	2,266	1,758	-11.5%
Total	11,352	12,150	18,231	12,319	2.8%

Top Export Markets for Aluminium Foil from Vietnam in 2022:

Argentina (250.5 tons)
Brazil (214.8 tons)
Lao People's Democratic Republic (126.4 tons)
Cambodia (124.9 tons)
Taiwan (Chinese) (114.4 tons)
Thailand (93.7 tons)
Singapore (71.3 tons)
Germany (63.5 tons)
South Korea (47.7 tons)
Mexico (46.1 tons)
Pakistan (45.3 tons)
Philippines (38.3 tons)
Indonesia (36.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium foil 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 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023