Vietnam - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hook Price in Vietnam - 2021
Contents:
- Base Metal Hook Price in Vietnam (CIF) - 2022
- Base Metal Hook Price in Vietnam (FOB) - 2022
- Base Metal Hook Imports in Vietnam
- Base Metal Hook Exports in Vietnam
Base Metal Hook Price in Vietnam (CIF) - 2022
In 2022, the average base metal hook import price amounted to $17,034 per ton, with a decrease of -5% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal hook import price increased by +5.2% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 55%. Over the period under review, average import prices attained the maximum at $17,923 per ton in 2021, and then declined modestly in the following year.
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 Hong Kong SAR ($31,695 per ton), while the price for Taiwan (Chinese) ($15,001 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Hook Price in Vietnam (FOB) - 2022
In 2022, the average base metal hook export price amounted to $14,155 per ton, with an increase of 4.7% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal hook export price decreased by -37.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 50% against the previous year. The export price peaked at $22,491 per ton in 2018; however, from 2019 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 Hong Kong SAR ($28,425 per ton), while the average price for exports to South Korea ($11,120 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 the Philippines (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hook Imports in Vietnam
In 2022, the amount of base metal hooks, eyes and eyelets imported into Vietnam contracted to 6.7K tons, with a decrease of -6.2% compared with the previous year. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 7.1K tons, and then shrank in the following year.
In value terms, base metal hook imports fell to $113M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $127M, and then shrank in the following year.
Import of Base Metal Hook in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 63.1 | 55.6 | 86.4 | 71.8 | 4.4% |
South Korea | 22.1 | 18.4 | 18.4 | 18.5 | -5.8% |
Hong Kong SAR | 3.6 | 5.5 | 1.9 | 10.9 | 44.7% |
Taiwan (Chinese) | 13.0 | 13.2 | 13.3 | 9.4 | -10.2% |
Japan | 3.0 | 2.8 | 2.2 | 1.2 | -26.3% |
Others | 3.9 | 4.0 | 4.9 | 1.6 | -25.7% |
Total | 109 | 99.6 | 127 | 113 | 1.2% |
Top Suppliers of Base Metal Hook to Vietnam in 2022:
- China (4.5K tons)
- South Korea (1.0K tons)
- Taiwan (Chinese) (0.6K tons)
- Hong Kong SAR (0.3K tons)
- Japan (0.1K tons)
Base Metal Hook Exports in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas shipments of base metal hooks, eyes and eyelets, which increased by 17% to 976 tons in 2022. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, base metal hook exports skyrocketed to $14M in 2022. Over the period under review, exports, however, recorded a abrupt contraction.
Export of Base Metal Hook in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 1.3 | 3.1 | 2.6 | 8.0 | 83.3% |
Indonesia | 2.2 | 3.5 | 2.7 | 1.9 | -4.8% |
Bangladesh | 0.1 | 0.9 | 0.9 | 0.6 | 81.7% |
Philippines | 3.8 | 3.0 | 1.0 | 0.5 | -49.1% |
Hong Kong SAR | 1.5 | 0.5 | 0.5 | 0.5 | -30.7% |
Myanmar | 2.6 | 1.6 | 1.3 | 0.4 | -46.4% |
India | 1.9 | 1.0 | 0.4 | 0.3 | -46.0% |
United States | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
China | 0.1 | 0.1 | 0.5 | 0.3 | 44.2% |
South Korea | 0.7 | 0.3 | 0.1 | 0.3 | -24.6% |
Others | 2.4 | 2.2 | 1.0 | 0.8 | -30.7% |
Total | 17.0 | 16.4 | 11.3 | 13.8 | -6.7% |
Top Export Markets for Base Metal Hook from Vietnam in 2022:
- Cambodia (577.3 tons)
- Indonesia (133.6 tons)
- Bangladesh (45.3 tons)
- China (24.4 tons)
- India (24.3 tons)
- Myanmar (23.7 tons)
- United States (23.6 tons)
- Philippines (23.0 tons)
- South Korea (22.8 tons)
- Hong Kong SAR (17.8 tons)
This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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