Price for Metal-Rolling Mills; Tube Mills in Vietnam - 2022

Contents:

  1. Price for Metal-Rolling Mills; Tube Mills in Vietnam (CIF) - 2022
  2. Price for Metal-Rolling Mills; Tube Mills in Vietnam (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Tube Mills in Vietnam
  4. Exports of Metal-Rolling Mills; Tube Mills in Vietnam

Price for Metal-Rolling Mills; Tube Mills in Vietnam (CIF) - 2022

In 2022, the average metal-rolling mills; tube mills import price amounted to $16,085 per unit, dropping by -12.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 379% against the previous year. As a result, import price attained the peak level of $43,763 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 China ($17,761 per unit), while the price for the United States ($1,477 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Tube Mills in Vietnam (FOB) - 2022

The average metal-rolling mills; tube mills export price stood at $33,263 per unit in 2022, jumping by 739% against the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 10,225% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($12,957 per unit), while the average price for exports to Thailand amounted to $2,288 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metal-Rolling Mills; Tube Mills in Vietnam

In 2022, approx. 237 units of metal-rolling mills; tube millses were imported into Vietnam; which is down by -4.4% on the previous year. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked at 430 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal-rolling mills; tube mills imports fell notably to $3.8M in 2022. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Imports peaked at $8.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Metal-Rolling Mills; Tube Mills in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,5011,6401,7762,070-6.1%
China5,2571,1512,5191,382-35.9%
India31014411291.7-33.4%
United Kingdom14379.372.972.1-20.4%
Italy28.421.727.552.422.7%
South Korea1970.937.343.8-39.4%
Others23826.929.1107-23.4%
Total8,6743,0644,5743,819-23.9%

Top Suppliers of Metal-Rolling Mills; Tube Mills to Vietnam in 2022:

  1. Japan (128.0 units)
  2. China (78.0 units)
  3. India (13.0 units)
  4. United Kingdom (5.0 units)
  5. Italy (4.0 units)
  6. South Korea (4.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Vietnam

In 2022, metal-rolling mills; tube mills exports from Vietnam soared to 22 units, growing by 16% against the year before. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 358,040% against the previous year. As a result, the exports reached the peak of 36K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal-rolling mills; tube mills exports surged to $725K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 23,363%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Metal-Rolling Mills; Tube Mills in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic0.65.456.497.9446.4%
Thailand3.3N/A18.632.3113.9%
RussiaN/A1,370N/AN/A0%
Others2.00.10.1595567.6%
Total5.91,37675.0725397.2%

Top Export Markets for Metal-Rolling Mills; Tube Mills from Vietnam in 2022:

  1. Thailand (14.0 units)
  2. Lao People's Democratic Republic (8.0 units)

Source: IndexBox Market Intelligence Platform

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