Ferro-Alloys; Ferro-Vanadium Price in Vietnam - 2021
Contents:
- Ferro-Alloys; Ferro-Vanadium Price in Vietnam (CIF) - 2022
- Ferro-Alloys; Ferro-Vanadium Price in Vietnam (FOB) - 2022
- Ferro-Alloys; Ferro-Vanadium Imports in Vietnam
- Ferro-Alloys; Ferro-Vanadium Exports in Vietnam
Ferro-Alloys; Ferro-Vanadium Price in Vietnam (CIF) - 2022
In 2022, the average ferro-alloys; ferro-vanadium import price amounted to $21,718 per ton, declining by -12% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 123%. As a result, import price reached the peak level of $48,391 per ton. From 2019 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 China ($28,273 per ton), while the price for Japan ($16,199 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys; Ferro-Vanadium Price in Vietnam (FOB) - 2022
The average ferro-alloys; ferro-vanadium export price stood at $86,000 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($98,953 per ton), while the average price for exports to the United Arab Emirates stood at $79,650 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+33.8%).
Ferro-Alloys; Ferro-Vanadium Imports in Vietnam
In 2022, approx. 71 tons of ferro-alloys; ferro-vanadia were imported into Vietnam; increasing by 20% compared with 2021. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 134%. As a result, imports attained the peak of 83 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ferro-alloys; ferro-vanadium imports rose rapidly to $1.5M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ferro-Alloys; Ferro-Vanadium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 202 | 106 | 492 | 571 | 41.4% |
| Taiwan (Chinese) | 414 | 413 | 437 | 526 | 8.3% |
| China | 369 | 93.5 | 100 | 300 | -6.7% |
| Japan | 186 | 304 | 209 | 149 | -7.1% |
| Austria | 126 | 249 | N/A | N/A | 97.6% |
| Czech Republic | N/A | 464 | 224 | N/A | -51.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,296 | 1,629 | 1,463 | 1,546 | 6.1% |
Top Suppliers of Ferro-Alloys; Ferro-Vanadium to Vietnam in 2022:
- South Korea (26.5 tons)
- Taiwan (Chinese) (24.9 tons)
- China (10.6 tons)
- Japan (9.2 tons)
Ferro-Alloys; Ferro-Vanadium Exports in Vietnam
In 2022, overseas shipments of ferro-alloys; ferro-vanadia decreased by -50% to 1 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a sharp setback.
In value terms, ferro-alloys; ferro-vanadium exports fell markedly to $86 in 2022. Over the period under review, exports saw a dramatic shrinkage.
| Export of Ferro-Alloys; Ferro-Vanadium in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 366 | N/A | N/A | N/A | 0% |
| Canada | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 0.9 | N/A | 0.1 | N/A | -66.7% |
| Total | 367 | N/A | 0.2 | 0.1 | -93.5% |
Top Export Markets for Ferro-Alloys; Ferro-Vanadium from Vietnam in 2022:
- Canada (1.0 kg)
- United Arab Emirates (1.0 kg)
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