Price for Aluminium; Alloys, Hollow Profiles in Vietnam - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Vietnam (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Vietnam (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Vietnam
- Exports of Aluminium; Alloys, Hollow Profiles in Vietnam
Price for Aluminium; Alloys, Hollow Profiles in Vietnam (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $4,174 per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $4,774 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($5,527 per ton) and South Korea ($5,527 per ton), while the price for China ($4,099 per ton) and Japan ($5,405 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Vietnam (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $3,299 per ton in 2022, declining by -6.7% against the previous year. Over the period under review, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 an increase of 21% against the previous year. The export price peaked at $4,135 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4,611 per ton), while the average price for exports to South Korea ($2,794 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 Poland (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Vietnam
In 2022, supplies from abroad of aluminium; alloys, hollow profileses increased by 418% to 20K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a precipitous curtailment.
In value terms, aluminium; alloys, hollow profiles imports soared to $83M in 2022. In general, imports, however, faced a dramatic decrease.
| Import of Aluminium; Alloys, Hollow Profiles in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 147 | 126 | 13.2 | 78.4 | -18.9% |
| Taiwan (Chinese) | 17.7 | 10.2 | 0.8 | 1.8 | -53.3% |
| Thailand | 12.3 | 5.9 | 0.4 | 0.9 | -58.2% |
| South Korea | 48.9 | 2.4 | 0.1 | 0.3 | -81.7% |
| Japan | 6.5 | 3.1 | 0.2 | 0.2 | -68.7% |
| Others | 14.3 | 3.6 | 0.4 | 1.7 | -50.8% |
| Total | 247 | 151 | 15.2 | 83.3 | -30.4% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Vietnam in 2022:
- Japan (undefinedK tons)
- South Korea (undefinedK tons)
- China (19.1K tons)
- Taiwan (Chinese) (0.3K tons)
- Thailand (0.2K tons)
Exports of Aluminium; Alloys, Hollow Profiles in Vietnam
In 2022, aluminium; alloys, hollow profiles exports from Vietnam dropped remarkably to 27K tons, with a decrease of -19.1% against 2021 figures. In general, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 33K tons, and then reduced sharply in the following year.
In value terms, aluminium; alloys, hollow profiles exports declined rapidly to $88M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, the exports attained the peak of $117M, and then declined sharply in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.3 | 11.9 | 19.1 | 27.3 | 27.1% |
| United States | 19.6 | 9.8 | 28.2 | 25.2 | 8.7% |
| Poland | N/A | 3.4 | 19.3 | 10.5 | 75.7% |
| Canada | 15.4 | 13.8 | 28.8 | 7.5 | -21.3% |
| Thailand | 0.3 | 1.7 | 4.6 | 4.4 | 144.8% |
| Philippines | 0.3 | N/A | 0.1 | 2.9 | 113.0% |
| South Korea | 20.7 | 14.5 | 9.4 | 2.7 | -49.3% |
| Australia | 1.4 | 1.4 | 1.4 | 1.3 | -2.4% |
| Others | 4.0 | 3.0 | 5.8 | 6.3 | 16.3% |
| Total | 75.1 | 59.6 | 117 | 88.2 | 5.5% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Vietnam in 2022:
- United States (9.0K tons)
- Japan (7.5K tons)
- Canada (2.4K tons)
- Poland (2.3K tons)
- Thailand (1.4K tons)
- South Korea (1.0K tons)
- Philippines (0.9K tons)
- Australia (0.5K tons)
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