Metals; Platinum, Semi-Manufactured Price in Vietnam - 2022
Contents:
- Metals; Platinum, Semi-Manufactured Price in Vietnam (CIF) - 2022
- Metals; Platinum, Semi-Manufactured Price in Vietnam (FOB) - 2022
- Metals; Platinum, Semi-Manufactured Imports in Vietnam
- Metals; Platinum, Semi-Manufactured Exports in Vietnam
Metals; Platinum, Semi-Manufactured Price in Vietnam (CIF) - 2022
In December 2022, the average metals; platinum, semi-manufactured import price amounted to $31.6M per ton, remaining relatively unchanged against the previous month. Overall, the import price saw a slight shrinkage. The growth pace was the most rapid in November 2022 when the average import price increased by less than 0.1% against the previous month. Over the period under review, average import prices hit record highs at $37.3M per ton in December 2021; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Australia ($31.6M per ton), while the price for Japan ($31.6M per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.0%), while the prices for the other major suppliers experienced a decline.
Metals; Platinum, Semi-Manufactured Price in Vietnam (FOB) - 2022
The average metals; platinum, semi-manufactured export price stood at $4,729,200 per ton in 2022, waning by -62.6% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 577%. The export price peaked at $39,568,200 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($14,313,000 per ton), while the average price for exports to Ireland ($2,000 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 Singapore (+13.8%), while the prices for the other major destinations experienced mixed trend patterns.
Metals; Platinum, Semi-Manufactured Imports in Vietnam
In 2022, metals; platinum, semi-manufactured imports into Vietnam surged to 185 kg, increasing by 23% against the previous year's figure. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metals; platinum, semi-manufactured imports fell to $4.8M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year.
| Import of Metals; Platinum, Semi-Manufactured in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 766 | 482 | 1,883 | 3,246 | 61.8% |
| Japan | 1,345 | 3,425 | 3,268 | 1,336 | -0.2% |
| Australia | 1.8 | 3.6 | 39.1 | 67.4 | 234.6% |
| United Kingdom | 1.5 | 1.4 | 0.9 | 36.4 | 189.5% |
| Thailand | 11.6 | 33.3 | 9.5 | 32.4 | 40.8% |
| Germany | 11.7 | 10.5 | 15.6 | 26.9 | 32.0% |
| Others | 489 | 272 | 243 | 98.1 | -41.5% |
| Total | 2,627 | 4,228 | 5,460 | 4,844 | 22.6% |
Top Suppliers of Metals; Platinum, Semi-Manufactured to Vietnam in 2022:
- Italy (84.0 kg)
- United Kingdom (44.0 kg)
- Japan (37.0 kg)
- Australia (5.0 kg)
- Germany (3.0 kg)
- Thailand (2.0 kg)
Metals; Platinum, Semi-Manufactured Exports in Vietnam
Metals; platinum, semi-manufactured exports from Vietnam surged to 5 kg in 2022, picking up by 67% on 2021 figures. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metals; platinum, semi-manufactured exports fell rapidly to $24K in 2022. Over the period under review, exports, however, showed a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 306% against the previous year.
| Export of Metals; Platinum, Semi-Manufactured in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.1 | 5.7 | 23.1 | 14.3 | 51.7% |
| Australia | 15.1 | 2.7 | 13.6 | 8.5 | -17.4% |
| Japan | 28.1 | 0.3 | 1.3 | 0.9 | -68.2% |
| Hong Kong SAR | N/A | 0.6 | N/A | N/A | 0% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 47.3 | 9.3 | 38.0 | 23.6 | -20.7% |
Top Export Markets for Metals; Platinum, Semi-Manufactured from Vietnam in 2022:
- Japan (1.0 kg)
- Australia (1.0 kg)
- India (1.0 kg)
- Ireland (1.0 kg)
- Singapore (1.0 kg)
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This report provides an in-depth analysis of the platinum market in Vietnam.
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This report provides an in-depth analysis of the global platinum market.
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This report provides an in-depth analysis of the platinum market in Vietnam.
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This report provides an in-depth analysis of the global platinum market.
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Explore the top import markets for platinum, with key statistics and insights. China, the United States, and the United Kingdom lead the pack in platinum imports. Find out more.
2888
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
1570
In 2016, approx. X tons of platinum were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a notable increase from 2007 to 2016: the total imports volume i...
2031
In 2014, the U.S. (X%), Switzerland (X%), the United Kingdom (X%) and Germany (X%) were the main suppliers of platinum into Italy, together making up X% of their total imports. Between 2007 and 2014, Austria had the highest growth rates in
