Report Update Apr 1, 2024

Vietnam - Iron or Steel Flexible Tubing - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Vietnam

The Vietnamese metal flexible tubing market dropped sharply to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible shrinkage. Metal flexible tubing consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Metal Flexible Tubing Production in Vietnam

In value terms, metal flexible tubing production amounted to $X in 2022 estimated in export price. In general, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Metal flexible tubing production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Metal Flexible Tubing Exports

Exports from Vietnam

In 2022, the amount of iron or steel flexible tubing exported from Vietnam surged to X tons, jumping by X% compared with the year before. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal flexible tubing exports surged to $X in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for metal flexible tubing exports from Vietnam, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for iron or steel flexible tubing exports from Vietnam.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%.

Export Prices by Country

In 2022, the average metal flexible tubing export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Metal Flexible Tubing Imports

Imports into Vietnam

In 2022, after five years of growth, there was significant decline in overseas purchases of iron or steel flexible tubing, when their volume decreased by X% to X tons. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then declined notably in the following year.

In value terms, metal flexible tubing imports fell significantly to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main metal flexible tubing supplier to Vietnam, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of iron or steel flexible tubing to Vietnam.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at X%.

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel flexible tubing in the world?

The countries with the highest volumes of consumption in 2022 were Italy, China and the United States, with a combined 46% share of global consumption.

What are the largest producers of iron or steel flexible tubing in the world?

The countries with the highest volumes of production in 2022 were China, Italy and the United States, with a combined 54% share of global production.

What are the leading suppliers of iron or steel flexible tubing to Vietnam?

In value terms, the United Arab Emirates constituted the largest supplier of iron or steel flexible tubing to Vietnam.

What are the leading importers of iron or steel flexible tubing from Vietnam?

In value terms, the United Arab Emirates emerged as the key foreign market for iron or steel flexible tubing exports from Vietnam.

What is the average export price for iron or steel flexible tubing in Vietnam?

The average metal flexible tubing export price stood at $6,890 per ton in 2022, falling by -78.2% against the previous year.

What is the average import price for iron or steel flexible tubing in Vietnam?

The average metal flexible tubing import price stood at $9,453 per ton in 2022, waning by -42.6% against the previous year.

This report provides an in-depth analysis of the metal flexible tubing 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 25992983 - Iron or steel flexible tubing (excluding rubber tubing incorporating or fitted with external metallic reinforcements, f lexible tubing made into the form of machinery or vehicle parts)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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