Vietnam - Base Metal Tubular Or Bifurcated Rivets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Base Metal Tubular Or Bifurcated Rivets - Market Analysis, Forecast, Size, Trends And Insights

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Metal Tubular Rivet Price in Vietnam - 2021

Contents:

  1. Metal Tubular Rivet Price in Vietnam (CIF) - 2022
  2. Metal Tubular Rivet Price in Vietnam (FOB) - 2022
  3. Metal Tubular Rivet Imports in Vietnam
  4. Metal Tubular Rivet Exports in Vietnam

Metal Tubular Rivet Price in Vietnam (CIF) - 2022

In 2022, the average metal tubular rivet import price amounted to $12,362 per ton, waning by -4.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 11% against the previous year. The import price peaked at $26,311 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($12,757 per ton) and South Korea ($12,425 per ton), while the price for Japan ($11,325 per ton) and Hong Kong SAR ($11,330 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.9%), while the prices for the other major suppliers experienced a decline.

Metal Tubular Rivet Price in Vietnam (FOB) - 2022

In 2022, the average metal tubular rivet export price amounted to $14,165 per ton, picking up by 5.7% against the previous year. In general, the export price, however, saw a slight slump. The pace of growth appeared the most rapid in 2015 an increase of 22%. As a result, the export price reached the peak level of $21,487 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($14,741 per ton), while the average price for exports to Myanmar ($1,866 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 (+0.0%), while the prices for the other major destinations experienced a decline.

Metal Tubular Rivet Imports in Vietnam

In 2022, the amount of base metal tubular or bifurcated rivets imported into Vietnam shrank to 1.1K tons, falling by -7.2% on the year before. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 17%.

In value terms, metal tubular rivet imports contracted to $14M in 2022. In general, imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $16M, and then contracted in the following year.

Import of Metal Tubular Rivet in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.56.69.58.23.0%
South Korea3.32.33.12.7-6.5%
Taiwan (Chinese)1.61.21.11.1-11.7%
Hong Kong SAR1.51.01.01.0-12.6%
Japan1.00.50.70.6-15.7%
Others0.40.50.20.3-9.1%
Total15.212.015.613.8-3.2%

Top Suppliers of Metal Tubular Rivet to Vietnam in 2022:

  1. China (643.6 tons)
  2. South Korea (213.9 tons)
  3. Taiwan (Chinese) (94.5 tons)
  4. Hong Kong SAR (86.9 tons)
  5. Japan (55.6 tons)

Metal Tubular Rivet Exports in Vietnam

In 2022, approx. 243 tons of base metal tubular or bifurcated rivets were exported from Vietnam; falling by -21% on the previous year's figure. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 84%. As a result, the exports reached the peak of 308 tons, and then declined dramatically in the following year.

In value terms, metal tubular rivet exports reduced sharply to $3.4M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $4.1M, and then contracted markedly in the following year.

Export of Metal Tubular Rivet in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia1,3001,6632,0131,6829.0%
Philippines520261611510-0.6%
Germany370222399333-3.5%
Indonesia13728134729028.4%
Hong Kong SAR12411233327830.9%
Bangladesh8.750.0125104128.7%
Myanmar6.234.824.920.849.7%
Others1861402732276.9%
Total2,6522,7644,1263,4459.1%

Top Export Markets for Metal Tubular Rivet from Vietnam in 2022:

  1. Cambodia (114.1 tons)
  2. Philippines (34.6 tons)
  3. Germany (22.6 tons)
  4. Indonesia (19.7 tons)
  5. Hong Kong SAR (18.9 tons)
  6. Myanmar (11.1 tons)
  7. Bangladesh (7.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal tubular 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 25992550 - Base metal tubular or bifurcated rivets

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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