Vietnam - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Parts Price in Vietnam - 2021
Contents:
- Metal Chain Parts Price in Vietnam (CIF) - 2022
- Metal Chain Parts Price in Vietnam (FOB) - 2022
- Metal Chain Parts Imports in Vietnam
- Metal Chain Parts Exports in Vietnam
Metal Chain Parts Price in Vietnam (CIF) - 2022
In 2022, the average metal chain parts import price amounted to $4,735 per ton, dropping by -9.1% against the previous year. Overall, the import price recorded a noticeable decrease. The growth pace was the most rapid in 2020 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $6,630 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($4,790 per ton) and South Korea ($4,732 per ton), while the price for Germany ($4,085 per ton) and Japan ($4,130 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.1%), while the prices for the other major suppliers experienced a decline.
Metal Chain Parts Price in Vietnam (FOB) - 2022
The average metal chain parts export price stood at $11,975 per ton in 2022, surging by 6.8% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 128% against the previous year. The export price peaked at $28,025 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 India ($54,064 per ton), while the average price for exports to Taiwan (Chinese) ($3,732 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 the Philippines (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Parts Imports in Vietnam
In 2022, imports of parts of chains of iron or steel into Vietnam rose markedly to 720 tons, surging by 7% compared with the year before. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 46%. As a result, imports reached the peak of 768 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal chain parts imports declined to $3.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 86%.
| Import of Metal Chain Parts in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,321 | 2,777 | 2,779 | 2,739 | 27.5% |
| South Korea | 223 | 111 | 291 | 287 | 8.8% |
| Taiwan (Chinese) | 61.6 | 135 | 56.8 | 93.0 | 14.7% |
| Germany | 42.6 | 66.2 | 28.8 | 53.0 | 7.6% |
| Japan | 41.9 | 51.9 | 38.9 | 51.7 | 7.3% |
| Others | 90.6 | 175 | 307 | 185 | 26.9% |
| Total | 1,781 | 3,316 | 3,502 | 3,409 | 24.2% |
Top Suppliers of Metal Chain Parts to Vietnam in 2022:
- China (571.9 tons)
- South Korea (60.7 tons)
- Taiwan (Chinese) (22.4 tons)
- Germany (13.0 tons)
- Japan (12.5 tons)
Metal Chain Parts Exports in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of parts of chains of iron or steel, when their volume decreased by -21.7% to 47 tons. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 253% against the previous year.
In value terms, metal chain parts exports declined rapidly to $559K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 240% against the previous year.
| Export of Metal Chain Parts in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 45.0 | 134 | 162 | 147 | 48.4% |
| Taiwan (Chinese) | 32.5 | 80.8 | 148 | 125 | 56.7% |
| Sri Lanka | 3.7 | 65.1 | 73.8 | 62.5 | 156.6% |
| Indonesia | 5.5 | 31.8 | 54.6 | 46.2 | 103.3% |
| Canada | 1.9 | 26.7 | 48.2 | 40.8 | 178.0% |
| Philippines | 1.0 | 1.2 | 0.3 | 25.7 | 195.1% |
| Myanmar | N/A | N/A | 5.0 | N/A | 0% |
| Others | 42.9 | 111 | 177 | 112 | 37.7% |
| Total | 133 | 450 | 669 | 559 | 61.4% |
Top Export Markets for Metal Chain Parts from Vietnam in 2022:
- Taiwan (Chinese) (33.5 tons)
- Sri Lanka (4.4 tons)
- India (2.7 tons)
- Indonesia (2.0 tons)
- Philippines (1.2 tons)
- Canada (1.0 tons)
This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or steel
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
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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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
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In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
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In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
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