Price for Aluminium; Powders and Flakes in Vietnam - 2022

Price for Aluminium; Powders and Flakes in Vietnam (CIF) - 2022

In 2022, the average aluminium; powders and flakes import price amounted to $4,493 per ton, picking up by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,861 per ton) and India ($4,727 per ton), while the price for Taiwan (Chinese) ($3,707 per ton) and Japan ($3,853 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Vietnam (FOB) - 2022

In 2022, the average aluminium; powders and flakes export price amounted to $4,236 per ton, which is down by -38.6% against the previous year. Over the period under review, the export price, however, recorded a mild increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 83%. The export price peaked at $18,037 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($4,237 per ton), while the average price for exports to India stood at $4,236 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+24.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Powders and Flakes in Vietnam

In 2022, supplies from abroad of aluminium; powders and flakeses decreased by -6.8% to 545 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 19%. As a result, imports attained the peak of 656 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium; powders and flakes imports fell slightly to $2.5M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $2.5M, and then declined modestly in the following year.

Import of Aluminium; Powders and Flakes in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	411	863	735	1,049	36.7%
Germany	496	524	946	800	17.3%
Japan	259	233	237	212	-6.5%
United States	188	182	164	193	0.9%
India	55.1	83.7	76.5	84.8	15.5%
South Korea	341	160	255	61.4	-43.5%
Others	174	134	66.6	51.9	-33.2%
Total	1,923	2,180	2,480	2,451	8.4%

Top Suppliers of Aluminium; Powders and Flakes to Vietnam in 2022:

China (238.2 tons)
Germany (164.5 tons)
Japan (55.0 tons)
United States (44.5 tons)
India (17.9 tons)
South Korea (13.2 tons)

Exports of Aluminium; Powders and Flakes in Vietnam

Aluminium; powders and flakes exports from Vietnam soared to 8.2 tons in 2022, growing by 90% compared with 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes exports skyrocketed to $35K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.