Vietnam - Ferro-Manganese - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFerro-Manganese Price in Vietnam - 2021
Contents:
- Ferro-Manganese Price in Vietnam (FOB) - 2021
- Ferro-Manganese Price in Vietnam (CIF) - 2021
- Ferro-Manganese Exports in Vietnam
- Ferro-Manganese Imports in Vietnam
Ferro-Manganese Price in Vietnam (FOB) - 2021
In December 2021, the average ferro-manganese export price amounted to $2,298 per ton, approximately equating the previous month. In general, export price indicated a strong increase from December 2020 to December 2021: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, ferro-manganese export price decreased by -0.0% against November 2021 indices. The most prominent rate of growth was recorded in January 2021 when the average export price increased by 70% against the previous month. The export price peaked at $2,298 per ton in November 2021, and then declined slightly in the following month.
Average prices varied noticeably for the major export markets. In December 2021, the countries with the highest prices were Malaysia ($2,298 per ton) and India ($2,298 per ton), while the average price for exports to Pakistan ($2,298 per ton) and South Korea ($2,298 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Manganese Price in Vietnam (CIF) - 2021
In December 2021, the average ferro-manganese import price amounted to $1,569 per ton, dropping by -2.2% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 31% m-o-m. The import price peaked at $1,605 per ton in November 2021, and then declined slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($2,145 per ton), while the price for China ($1,358 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Manganese Exports in Vietnam
Ferro-manganese exports from Vietnam dropped markedly to 15K tons in 2022, falling by -29.5% against 2021. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 144%. As a result, the exports attained the peak of 22K tons, and then contracted rapidly in the following year.
In value terms, ferro-manganese exports fell sharply to $26M in 2022. In general, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 259%. As a result, the exports attained the peak of $41M, and then shrank dramatically in the following year.
| Export of Ferro-Manganese in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.4 | 2.5 | 3.6 | 5.0 | 13.7% |
| Taiwan (Chinese) | 1.8 | 1.1 | 7.8 | 4.3 | 33.7% |
| Turkey | 0.4 | 0.1 | 4.2 | 3.9 | 113.6% |
| South Korea | 1.5 | 1.2 | 6.2 | 2.5 | 18.6% |
| Thailand | 0.4 | 0.5 | 1.8 | 1.1 | 40.1% |
| United States | 1.1 | 0.7 | 1.9 | 1.0 | -3.1% |
| Indonesia | 0.7 | 0.8 | 2.2 | 0.9 | 8.7% |
| Italy | 0.1 | 0.2 | 1.0 | 0.6 | 81.7% |
| India | 0.1 | 0.3 | 0.9 | 0.5 | 71.0% |
| Germany | 0.8 | 0.4 | 0.7 | 0.5 | -14.5% |
| Belgium | 1.1 | 0.5 | 0.8 | 0.5 | -23.1% |
| Netherlands | 0.4 | 0.2 | 2.4 | 0.4 | 0.0% |
| Pakistan | 0.3 | 0.5 | 0.4 | 0.3 | 0.0% |
| Others | 4.5 | 2.5 | 7.2 | 4.9 | 2.9% |
| Total | 16.7 | 11.5 | 41.2 | 26.4 | 16.5% |
Top Export Markets for Ferro-Manganese from Vietnam in 2022:
- Japan (3.2K tons)
- Taiwan (Chinese) (2.8K tons)
- South Korea (1.7K tons)
- Turkey (1.2K tons)
- United States (0.9K tons)
- Thailand (0.8K tons)
- Indonesia (0.7K tons)
- Italy (0.4K tons)
- Belgium (0.4K tons)
- Pakistan (0.3K tons)
- Netherlands (0.3K tons)
- India (0.2K tons)
- Germany (0.2K tons)
Ferro-Manganese Imports in Vietnam
In 2022, overseas purchases of ferro-manganese decreased by -46.2% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,221%. As a result, imports reached the peak of 23K tons, and then declined sharply in the following year.
In value terms, ferro-manganese imports reduced rapidly to $19M in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,244%. As a result, imports reached the peak of $34M, and then contracted dramatically in the following year.
| Import of Ferro-Manganese in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.2 | 0.1 | 15.5 | 11.3 | 283.7% |
| Japan | 1.1 | 1.4 | 4.1 | 2.7 | 34.9% |
| India | 0.2 | 0.3 | 5.0 | 2.1 | 119.0% |
| South Korea | 0.6 | 0.6 | 4.6 | 2.1 | 51.8% |
| Australia | N/A | N/A | 4.7 | N/A | 0% |
| Others | N/A | 0.1 | 0.5 | 0.2 | 41.4% |
| Total | 2.1 | 2.6 | 34.5 | 18.5 | 106.5% |
Top Suppliers of Ferro-Manganese to Vietnam in 2022:
- Malaysia (8.0K tons)
- India (1.9K tons)
- Japan (1.4K tons)
- South Korea (1.1K tons)
This report provides an in-depth analysis of the ferro-manganese 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 24101215 - Ferro-manganese
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
498
This report provides an in-depth analysis of the ferro-manganese market in Vietnam.
775
This report provides an in-depth analysis of the ferro-alloys market in Vietnam.
41
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Vietnam.
534
This report provides an in-depth analysis of the ferro-chromium market in Vietnam.
912
This report provides an in-depth analysis of the ferro-silicon market in Vietnam.
246
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Vietnam.
726
This report provides an in-depth analysis of the ferro-silico-manganese market in Vietnam.
684
This report provides an in-depth analysis of the ferro-molybdenum market in Vietnam.
1170
This report provides an in-depth analysis of the global ferro-manganese market.
2439
This report provides an in-depth analysis of the global ferro-alloys market.
173
China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
2611
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
1709
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
2407
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
111
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
106
Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
1005
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
100
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
99
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.
718
In value terms, ferro-chromium exports totaled $9B in 2018. Over the period under review, the total exports indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years.
