Vietnam - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 16, 2024

Vietnam - Bridges, Bridge Sections, Towers And Lattice Masts (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Bridge Price in Vietnam - 2021

Contents:

  1. Bridge Price in Vietnam (FOB) - 2021
  2. Bridge Price in Vietnam (CIF) - 2021
  3. Bridge Exports in Vietnam
  4. Bridge Imports in Vietnam

Bridge Price in Vietnam (FOB) - 2021

In December 2021, the average bridge export price amounted to $2,215 per ton, reducing by -7.1% against the previous month. In general, the export price showed a slight downturn. The growth pace was the most rapid in November 2021 when the average export price increased by 12% m-o-m. The export price peaked at $2,540 per ton in December 2020; however, from January 2021 to December 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($4,153 per ton), while the average price for exports to France ($2,090 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bridge Price in Vietnam (CIF) - 2021

In December 2021, the average bridge import price amounted to $2,364 per ton, with a decrease of -22.2% against the previous month. Over the period under review, the import price saw a slight contraction. The pace of growth was the most pronounced in November 2021 when the average import price increased by 26% against the previous month. Over the period under review, average import prices attained the peak figure at $3,830 per ton in April 2021; however, from May 2021 to December 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to -0.9% per month.

Bridge Exports in Vietnam

In 2022, approx. 134K tons of bridges, bridge sections, towers and lattice masts (of iron or steel) were exported from Vietnam; dropping by -5.2% compared with 2021 figures. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.

In value terms, bridge exports declined to $252M in 2022. Overall, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

Export of Bridge in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States107N/A31.760.4-17.4%
United Kingdom33.813.230.851.014.7%
Australia77.620.013.446.6-15.6%
Sweden15.232.821.735.933.2%
Taiwan (Chinese)19.128.74.021.43.9%
Netherlands0.121.19.115.2433.7%
Myanmar4.72.80.613.542.1%
ChileN/A17.610.5N/A-40.3%
Ireland19.4N/AN/AN/A0%
GermanyN/A33.042.4N/A28.5%
FinlandN/A31.473.1N/A132.8%
Others11.721.544.38.0-11.9%
Total289222282252-4.5%

Top Export Markets for Bridge from Vietnam in 2022:

  1. United States (35.4K tons)
  2. United Kingdom (26.4K tons)
  3. Australia (26.0K tons)
  4. Sweden (18.6K tons)
  5. Taiwan (Chinese) (11.1K tons)
  6. Netherlands (7.9K tons)
  7. Myanmar (5.1K tons)

Bridge Imports in Vietnam

Bridge imports into Vietnam shrank remarkably to 4.1K tons in 2022, declining by -44.1% against the year before. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 766% against the previous year. As a result, imports reached the peak of 7.4K tons, and then shrank notably in the following year.

In value terms, bridge imports contracted remarkably to $10M in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 744% against the previous year. As a result, imports attained the peak of $19M, and then fell notably in the following year.

Import of Bridge in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.11.517.09.5-7.7%
South Korea0.10.20.70.571.0%
Japan0.10.10.50.344.2%
India0.50.20.20.2-26.3%
Others1.00.20.1N/A-68.4%
Total13.92.218.710.4-9.2%

Top Suppliers of Bridge to Vietnam in 2022:

  1. China (3.8K tons)
  2. Japan (0.1K tons)
  3. South Korea (0.1K tons)
  4. India (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bridge 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 25112100 - Iron or steel bridges and bridge-sections
  • Prodcom 25112200 - Iron or steel towers and lattice masts

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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