Vietnam - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in Vietnam - 2021
Contents:
- Metal Rivet Price in Vietnam (CIF) - 2022
- Metal Rivet Price in Vietnam (FOB) - 2022
- Metal Rivet Imports in Vietnam
- Metal Rivet Exports in Vietnam
Metal Rivet Price in Vietnam (CIF) - 2022
In 2022, the average metal rivet import price amounted to $7,333 per ton, with a decrease of -6.3% against the previous year. Over the period under review, the import price saw a mild decrease. The growth pace was the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $9,601 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,443 per ton), while the price for Ukraine ($2,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Rivet Price in Vietnam (FOB) - 2022
In 2022, the average metal rivet export price amounted to $4,784 per ton, falling by -23.4% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $8,912 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,879 per ton), while the average price for exports to Finland ($2,923 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 United States (-2.7%), while the prices for the other major destinations experienced a decline.
Metal Rivet Imports in Vietnam
In 2022, purchases abroad of iron or steel rivets decreased by -6.2% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of 2.2K tons, and then reduced in the following year.
In value terms, metal rivet imports declined to $15M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of $17M, and then dropped in the following year.
| Import of Metal Rivet in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 6.8 | 9.8 | 9.4 | 29.8% |
| South Korea | 5.0 | 2.1 | 2.6 | 1.7 | -30.2% |
| Taiwan (Chinese) | 1.4 | 1.3 | 1.6 | 1.5 | 2.3% |
| Japan | 1.9 | 1.5 | 2.1 | 0.9 | -22.0% |
| Hong Kong SAR | 0.1 | N/A | N/A | 0.5 | 71.0% |
| United States | 0.7 | 0.4 | 0.3 | 0.4 | -17.0% |
| Ukraine | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 1.1 | 0.8 | 0.7 | 0.6 | -18.3% |
| Total | 14.4 | 13.0 | 17.1 | 15.1 | 1.6% |
Top Suppliers of Metal Rivet to Vietnam in 2022:
- China (1150.2 tons)
- South Korea (396.4 tons)
- Taiwan (Chinese) (180.9 tons)
- Japan (107.0 tons)
- Hong Kong SAR (53.7 tons)
- United States (52.9 tons)
- Ukraine (38.0 tons)
Metal Rivet Exports in Vietnam
Metal rivet exports from Vietnam soared to 114 tons in 2022, jumping by 43% against the previous year. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports attained the peak of 118 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal rivet exports expanded significantly to $543K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $590K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metal Rivet in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 157 | 156 | 139 | 177 | 4.1% |
| Indonesia | 58.5 | 63.7 | 136 | 134 | 31.8% |
| France | 19.1 | 32.9 | 24.7 | 30.9 | 17.4% |
| Germany | 1.7 | 13.4 | 32.2 | 30.7 | 162.4% |
| Taiwan (Chinese) | 44.8 | 32.8 | 18.7 | 24.6 | -18.1% |
| Finland | 27.1 | 15.1 | 15.5 | 18.8 | -11.5% |
| Pakistan | 37.7 | 15.3 | 0.8 | 12.6 | -30.6% |
| South Korea | 15.9 | 80.2 | 11.8 | 12.3 | -8.2% |
| Sweden | 5.4 | 5.2 | 3.7 | 10.6 | 25.2% |
| Japan | 57.8 | 48.1 | 35.1 | 10.0 | -44.3% |
| Australia | 0.4 | 0.9 | 1.1 | 8.1 | 172.6% |
| Others | 82.9 | 127 | 78.3 | 73.3 | -4.0% |
| Total | 508 | 590 | 497 | 543 | 2.2% |
Top Export Markets for Metal Rivet from Vietnam in 2022:
- Thailand (39.7 tons)
- Indonesia (30.1 tons)
- Finland (6.4 tons)
- Germany (6.3 tons)
- France (5.8 tons)
- Taiwan (Chinese) (4.4 tons)
- Sweden (3.3 tons)
- South Korea (2.8 tons)
- Pakistan (2.2 tons)
- Japan (2.2 tons)
- Australia (2.0 tons)
This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
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
-
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
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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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