Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam - 2022
Contents:
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (CIF) - 2022
- Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (FOB) - 2022
- Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam
- Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (CIF) - 2022
The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,266 per ton in 2022, jumping by 55% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds increased by +58.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,275 per ton), while the price for Belgium ($520 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (FOB) - 2022
In 2022, the average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $1,278 per ton, surging by 65% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds increased by +108.7% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($1,305 per ton) and Malaysia ($1,305 per ton), while the average price for exports to Spain ($881 per ton) and the UK ($1,305 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam
In 2022, overseas purchases of alloy steel, flat-rolled, width 600mm or more, cold-rolleds decreased by -29.9% to 47K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of 72K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds expanded rapidly to $59M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 18.6 | 18.9 | 32.8 | 30.6 | 18.1% |
China | 30.1 | 34.4 | 11.3 | 14.3 | -22.0% |
Taiwan (Chinese) | 0.6 | 2.8 | 8.9 | 12.9 | 178.1% |
India | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
Others | 1.2 | 1.4 | 0.9 | 0.5 | -25.3% |
Total | 50.5 | 57.7 | 54.1 | 58.9 | 5.3% |
Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Vietnam in 2022:
- Japan (24.0K tons)
- China (11.2K tons)
- Taiwan (Chinese) (10.1K tons)
- India (0.8K tons)
Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam
In 2022, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds from Vietnam skyrocketed to 8.3K tons, jumping by 101% on 2021. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds soared to $11M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 696 | 2,518 | 2,206 | 5,574 | 100.1% |
Malaysia | 10.7 | 6.3 | 35.5 | 2,173 | 487.8% |
Cambodia | 25.2 | 245 | 676 | 1,927 | 324.5% |
Spain | 120 | 130 | 63.6 | 367 | 45.2% |
United Kingdom | 15.3 | 20.2 | 32.6 | 338 | 180.6% |
Belgium | 1,780 | 621 | 107 | 70.3 | -65.9% |
Others | 105 | 46.1 | 49.3 | 104 | -0.3% |
Total | 2,752 | 3,587 | 3,170 | 10,553 | 56.5% |
Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Vietnam in 2022:
- Thailand (4.3K tons)
- Malaysia (1.7K tons)
- Cambodia (1.5K tons)
- Spain (0.4K tons)
- United Kingdom (0.3K tons)
- Belgium (0.1K tons)
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