Vietnam - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Alloy Aluminium Bar Price in Vietnam - 2021
Contents:
- Non-Alloy Aluminium Bar Price in Vietnam (CIF) - 2022
- Non-Alloy Aluminium Bar Price in Vietnam (FOB) - 2022
- Non-Alloy Aluminium Bar Imports in Vietnam
- Non-Alloy Aluminium Bar Exports in Vietnam
Non-Alloy Aluminium Bar Price in Vietnam (CIF) - 2022
In 2022, the average non-alloy aluminium bar import price amounted to $5,075 per ton, shrinking by -4.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 11%. The import price peaked at $5,326 per ton in 2021, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($5,216 per ton) and Indonesia ($5,216 per ton), while the price for Taiwan (Chinese) ($4,677 per ton) and Thailand ($4,706 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Alloy Aluminium Bar Price in Vietnam (FOB) - 2022
In 2022, the average non-alloy aluminium bar export price amounted to $2,948 per ton, approximately reflecting the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 34%. The export price peaked at $7,586 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 South Korea ($6,163 per ton), while the average price for exports to Cambodia ($2,508 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 Canada (+1.3%), while the prices for the other major destinations experienced a decline.
Non-Alloy Aluminium Bar Imports in Vietnam
After two years of decline, overseas purchases of non-alloy aluminium bars, rods and profiles increased by 2.5% to 6.1K tons in 2022. Overall, imports, however, showed a deep contraction.
In value terms, non-alloy aluminium bar imports shrank modestly to $31M in 2022. Over the period under review, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 4.8% against the previous year.
| Import of Non-Alloy Aluminium Bar in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 11.5 | 10.7 | 12.6 | 10.9 | -1.8% |
| Indonesia | 5.7 | 5.8 | 8.8 | 7.6 | 10.1% |
| Japan | 5.4 | 4.4 | 5.2 | 4.5 | -5.9% |
| China | 6.3 | 5.7 | 2.7 | 4.2 | -12.6% |
| South Korea | 5.1 | 1.6 | 1.8 | 2.4 | -22.2% |
| Thailand | 2.6 | 1.1 | 0.4 | 1.2 | -22.7% |
| Others | 0.7 | 1.1 | 0.4 | 0.3 | -24.6% |
| Total | 37.2 | 30.3 | 31.8 | 31.1 | -5.8% |
Top Suppliers of Non-Alloy Aluminium Bar to Vietnam in 2022:
- Malaysia (2090.8 tons)
- Indonesia (1458.8 tons)
- Japan (875.9 tons)
- China (874.0 tons)
- South Korea (506.9 tons)
- Thailand (249.3 tons)
Non-Alloy Aluminium Bar Exports in Vietnam
In 2022, overseas shipments of non-alloy aluminium bars, rods and profiles decreased by -2.9% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 26%.
In value terms, non-alloy aluminium bar exports declined to $5.7M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6%.
| Export of Non-Alloy Aluminium Bar in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 3.6 | 4.5 | 3.3 | 3.2 | -3.9% |
| Canada | 1.0 | 0.7 | 2.4 | 2.3 | 32.0% |
| United States | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Others | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Total | 5.2 | 5.6 | 5.9 | 5.7 | 3.1% |
Top Export Markets for Non-Alloy Aluminium Bar from Vietnam in 2022:
- Cambodia (1275.6 tons)
- Canada (596.8 tons)
- United States (36.0 tons)
This report provides an in-depth analysis of the non-alloy aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
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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