Vietnam - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Copper Tubes and Pipes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Copper Tube and Pipe in Vietnam - 2021

Contents:

  1. Price for Copper Tube and Pipe in Vietnam (FOB) - 2021
  2. Price for Copper Tube and Pipe in Vietnam (CIF) - 2021
  3. Exports of Copper Tube and Pipe in Vietnam
  4. Imports of Copper Tube and Pipe in Vietnam

Price for Copper Tube and Pipe in Vietnam (FOB) - 2021

The average copper tube and pipe export price stood at $10,828 per ton in December 2021, remaining stable against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in January 2021 when the average export price increased by 38% m-o-m. Over the period under review, the average export prices reached the maximum at $11,023 per ton in August 2021; however, from September 2021 to December 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In December 2021, the highest price was recorded for prices to Thailand ($11,547 per ton) and Australia ($10,839 per ton), while the average price for exports to Brazil ($10,807 per ton) and the UK ($10,808 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Copper Tube and Pipe in Vietnam (CIF) - 2021

In December 2021, the average copper tube and pipe import price amounted to $11,194 per ton, shrinking by -2% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in January 2021 when the average import price increased by 36% m-o-m. The import price peaked at $11,607 per ton in October 2021; however, from November 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were South Korea ($13,167 per ton) and Taiwan (Chinese) ($12,477 per ton), while the price for Thailand ($10,819 per ton) and China ($10,986 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Copper Tube and Pipe in Vietnam

In 2022, shipments abroad of copper tubes and pipes decreased by -10.3% to 87K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of 7.3% against the previous year. As a result, the exports reached the peak of 106K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, copper tube and pipe exports dropped modestly to $912M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $926M, and then shrank slightly in the following year.

Export of Copper Tube and Pipe in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2732103643074.0%
South Korea33.358.711614061.4%
Italy15.811.262.250.447.2%
Thailand13.312.825.948.654.0%
United Kingdom31.023.535.834.94.0%
Japan7.48.219.028.256.2%
Canada3.43.49.225.395.2%
Spain6.17.216.322.354.0%
Australia17.518.020.118.11.1%
Germany0.51.09.116.1218.1%
United States1552196.513.3-55.9%
France1.12.97.312.3123.6%
Malaysia3.93.49.311.543.4%
Others12614422618413.5%
Total6877239269129.9%

Top Export Markets for Copper Tube and Pipe from Vietnam in 2022:

  1. India (30.1K tons)
  2. South Korea (13.7K tons)
  3. Italy (4.8K tons)
  4. Thailand (4.8K tons)
  5. United Kingdom (3.4K tons)
  6. Japan (2.7K tons)
  7. Canada (2.2K tons)
  8. Spain (2.1K tons)
  9. Australia (1.6K tons)
  10. Germany (1.4K tons)
  11. France (1.2K tons)
  12. Malaysia (1.2K tons)
  13. United States (1.1K tons)

Imports of Copper Tube and Pipe in Vietnam

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper tubes and pipes, when their volume increased by 34% to 8.8K tons. Overall, imports, however, faced a abrupt downturn.

In value terms, copper tube and pipe imports surged to $99M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Copper Tube and Pipe in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand30.023.219.333.43.6%
China44.728.723.325.9-16.6%
Germany4.34.83.810.233.4%
Malaysia8.66.75.68.91.1%
Taiwan (Chinese)4.23.16.35.710.7%
South Korea3.54.83.92.9-6.1%
United States3.02.40.1N/A-81.7%
Others1.11.65.012.1122.4%
Total99.375.367.299.2-0.0%

Top Suppliers of Copper Tube and Pipe to Vietnam in 2022:

  1. Thailand (3.3K tons)
  2. China (2.1K tons)
  3. Malaysia (1.0K tons)
  4. Germany (0.7K tons)
  5. Taiwan (Chinese) (0.6K tons)
  6. South Korea (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for copper tube and pipe 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 24442630 - Copper tubes and pipes

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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