Vietnam - Aluminium Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Aluminium Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Reservoir Price in Vietnam - 2021

Contents:

  1. Aluminium Reservoir Price in Vietnam (CIF) - 2022
  2. Aluminium Reservoir Price in Vietnam (FOB) - 2022
  3. Aluminium Reservoir Imports in Vietnam
  4. Aluminium Reservoir Exports in Vietnam

Aluminium Reservoir Price in Vietnam (CIF) - 2022

In 2022, the average aluminium reservoir import price amounted to $214 per unit, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2018 when the average import price increased by 14%. Over the period under review, average import prices attained the maximum at $215 per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($50 per unit), while the price for the United Arab Emirates ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Aluminium Reservoir Price in Vietnam (FOB) - 2022

In 2022, the average aluminium reservoir export price amounted to $175 per unit, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. The export price peaked at $190 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($164 per unit), while the average price for exports to Japan ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Reservoir Imports in Vietnam

Aluminium reservoir imports into Vietnam dropped dramatically to 16K units in 2022, which is down by -44.9% on the previous year. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 875%. As a result, imports reached the peak of 29K units, and then plummeted in the following year.

In value terms, aluminium reservoir imports declined remarkably to $3.4M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 907% against the previous year. As a result, imports attained the peak of $6.2M, and then declined significantly in the following year.

Import of Aluminium Reservoir in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3542054,0072,18083.3%
Germany51.247.145224668.7%
Spain75.033.535321141.2%
Netherlands12345.740119917.4%
Belgium74.930.028915728.0%
Indonesia15544.72551550.0%
China75.733.019611615.3%
South Korea20.810.111261.043.1%
Others39.417017310337.8%
Total9696196,2383,42952.4%

Top Suppliers of Aluminium Reservoir to Vietnam in 2022:

  1. Netherlands (54.5K units)
  2. Russia (43.4K units)
  3. Germany (28.5K units)
  4. Belgium (22.7K units)
  5. Indonesia (21.0K units)
  6. China (18.3K units)
  7. South Korea (10.1K units)
  8. Spain (6.0K units)

Aluminium Reservoir Exports in Vietnam

In 2022, the amount of aluminium reservoirs, tanks, vats and similar containers exported from Vietnam surged to 470 units, with an increase of 35% compared with 2021. Over the period under review, exports, however, saw a mild shrinkage. The exports peaked at 593 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, aluminium reservoir exports soared to $82K in 2022. In general, exports showed a relatively flat trend pattern. The exports peaked at $113K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Aluminium Reservoir in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan64.285.438.244.8-11.3%
Thailand5.47.64.210.324.0%
United States1.22.12.29.095.7%
Lao People's Democratic Republic0.30.50.63.4124.6%
Others10.916.97.114.911.0%
Total81.911352.382.40.2%

Top Export Markets for Aluminium Reservoir from Vietnam in 2022:

  1. Japan (2509.0 units)
  2. Thailand (63.0 units)
  3. Lao People's Democratic Republic (58.0 units)
  4. United States (55.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium reservoir 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 25291170 - Aluminium reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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