Vietnam - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in Vietnam - 2022
Contents:
- Base Metal Keys Price in Vietnam (FOB) - 2022
- Base Metal Keys Price in Vietnam (CIF) - 2022
- Base Metal Keys Exports in Vietnam
- Base Metal Keys Imports in Vietnam
Base Metal Keys Price in Vietnam (FOB) - 2022
The average base metal keys export price stood at $32,325 per ton in 2022, increasing by 36% against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($39,241 per ton), while the average price for exports to the United States ($6,726 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+65.1%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Price in Vietnam (CIF) - 2022
In 2022, the average base metal keys import price amounted to $15,965 per ton, rising by 1.8% against the previous year. Overall, import price indicated a noticeable expansion 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, base metal keys import price decreased by -5.4% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 67%. As a result, import price attained the peak level of $18,787 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 ($45,412 per ton), while the price for China ($14,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Keys Exports in Vietnam
For the third year in a row, Vietnam recorded decline in shipments abroad of base metal keys, which decreased by -16.5% to 13 tons in 2022. Overall, exports saw a abrupt setback. The smallest decline of -0.7% was in 2021.
In value terms, base metal keys exports rose remarkably to $405K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, the exports attained the peak of $455K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Base Metal Keys in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 0.4 | 0.7 | 55.2 | 416.8% |
| Brazil | 52.9 | 10.0 | 20.8 | 53.0 | 0.1% |
| Slovakia | 11.1 | 11.8 | 42.9 | 33.3 | 44.2% |
| Turkey | 1.7 | 5.1 | 12.6 | 24.8 | 144.3% |
| Sri Lanka | N/A | 0.1 | N/A | 20.4 | 1328.3% |
| United Kingdom | N/A | 53.3 | 30.6 | 19.5 | -39.5% |
| Australia | N/A | 0.7 | N/A | 18.7 | 416.9% |
| India | N/A | 0.4 | N/A | 15.3 | 518.5% |
| United States | 3.1 | 32.2 | N/A | 7.6 | 34.8% |
| Indonesia | 104 | 94.9 | 120 | N/A | 7.4% |
| Taiwan (Chinese) | 22.9 | 21.7 | 33.6 | N/A | 21.1% |
| Others | 80.4 | 224 | 94.3 | 158 | 25.3% |
| Total | 276 | 455 | 356 | 405 | 13.6% |
Top Export Markets for Base Metal Keys from Vietnam in 2022:
- Germany (3.3 tons)
- Slovakia (1.2 tons)
- United States (1.1 tons)
- Sri Lanka (1.0 tons)
- United Kingdom (0.9 tons)
- Australia (0.7 tons)
- Turkey (0.6 tons)
- India (0.6 tons)
- Brazil (0.3 tons)
Base Metal Keys Imports in Vietnam
In 2022, imports of base metal keys into Vietnam contracted notably to 118 tons, with a decrease of -16.8% compared with 2021. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year.
In value terms, base metal keys imports shrank markedly to $1.9M in 2022. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $2.2M, and then dropped remarkably in the following year.
| Import of Base Metal Keys in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,286 | 668 | 1,198 | 1,615 | 7.9% |
| Japan | 103 | 24.9 | 32.2 | 89.6 | -4.5% |
| India | 9.2 | 2.0 | 9.9 | 65.3 | 92.2% |
| Indonesia | 520 | 622 | 874 | N/A | 29.6% |
| Others | 233 | 226 | 108 | 113 | -21.4% |
| Total | 2,151 | 1,544 | 2,222 | 1,883 | -4.3% |
Top Suppliers of Base Metal Keys to Vietnam in 2022:
- China (112.6 tons)
- India (2.2 tons)
- Japan (2.0 tons)
This report provides an in-depth analysis of the base metal keys 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 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
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
-
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
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