Vietnam - Iron Or Steel Bridges And Bridge-Sections - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Iron Or Steel Bridges And Bridge-Sections - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Bridges in Vietnam - 2021

Contents:

  1. Price for Iron or Steel Bridges in Vietnam (FOB) - 2022
  2. Price for Iron or Steel Bridges in Vietnam (CIF) - 2022
  3. Exports of Iron or Steel Bridges in Vietnam
  4. Imports of Iron or Steel Bridges in Vietnam

Price for Iron or Steel Bridges in Vietnam (FOB) - 2022

The average iron or steel bridges export price stood at $4,054 per ton in 2022, reducing by -2.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.1% against the previous year. Over the period under review, the average export prices hit record highs at $4,341 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 Indonesia ($6,457 per ton), while the average price for exports to the United States ($1,586 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 Indonesia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel Bridges in Vietnam (CIF) - 2022

In 2022, the average iron or steel bridges import price amounted to $4,070 per ton, picking up by 17% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel bridges import price decreased by -6.9% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 26% against the previous year. The import price peaked at $4,372 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($62,778 per ton), while the price for South Africa ($110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel Bridges in Vietnam

In 2022, the amount of iron or steel bridges and bridge-sections exported from Vietnam skyrocketed to 5.7K tons, increasing by 30% compared with the previous year. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,313% against the previous year. As a result, the exports reached the peak of 7.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, iron or steel bridges exports skyrocketed to $23M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,276% against the previous year. As a result, the exports attained the peak of $28M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Iron or Steel Bridges in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.49.37.110.3195.3%
Bangladesh0.89.65.87.0106.1%
ThailandN/A0.40.41.487.1%
Sri Lanka0.23.20.41.386.6%
Indonesia0.41.8N/A0.931.0%
GermanyN/A0.50.40.50.0%
Brunei DarussalamN/A0.30.20.30.0%
United StatesN/A0.10.10.10.0%
UgandaN/AN/A2.5N/A0%
Others0.23.11.51.491.3%
Total2.128.218.423.3123.0%

Top Export Markets for Iron or Steel Bridges from Vietnam in 2022:

  1. India (2452.6 tons)
  2. Bangladesh (1755.9 tons)
  3. Thailand (350.8 tons)
  4. Sri Lanka (335.0 tons)
  5. Brunei Darussalam (154.7 tons)
  6. Germany (141.5 tons)
  7. Indonesia (135.6 tons)
  8. United States (94.1 tons)

Imports of Iron or Steel Bridges in Vietnam

In 2022, the amount of iron or steel bridges and bridge-sections imported into Vietnam contracted markedly to 446 tons, waning by -46.7% compared with 2021 figures. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 406% against the previous year. As a result, imports attained the peak of 836 tons, and then shrank significantly in the following year.

In value terms, iron or steel bridges imports dropped markedly to $1.8M in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 302% against the previous year.

Import of Iron or Steel Bridges in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/AN/A8530%
China2,2141781,194407-43.1%
Japan48.438.840819057.8%
Germany123124222103-5.7%
South Korea63.672.855563.3-0.2%
Indonesia1107.411453.3-21.5%
Romania23314.370.233.8-47.5%
Turkey78.535.438.718.0-38.8%
Malaysia88.137.436.116.8-42.4%
Italy19413513512.8-59.6%
South AfricaN/AN/AN/A4.30%
Others11480.713359.9-19.3%
Total3,2667232,9071,815-17.8%

Top Suppliers of Iron or Steel Bridges to Vietnam in 2022:

  1. China (203.1 tons)
  2. Indonesia (75.6 tons)
  3. Japan (47.1 tons)
  4. South Africa (39.2 tons)
  5. Germany (21.4 tons)
  6. Norway (13.6 tons)
  7. South Korea (9.5 tons)
  8. Turkey (5.8 tons)
  9. Romania (4.2 tons)
  10. Malaysia (4.2 tons)
  11. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel bridges 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 25112100 - Iron or steel bridges and bridge-sections

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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