Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,646 per ton in 2022, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($6,646 per ton) and Japan ($6,646 per ton), while the price for France ($6,646 per ton) and China ($6,646 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,633 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13% against the previous year. The export price peaked at $92,642 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($6,633 per ton), while the average price for exports to Thailand totaled $6,633 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam
In 2022, after three years of growth, there was significant decline in overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, when their volume decreased by -25.2% to 3.4K tons. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses contracted to $23M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 119% against the previous year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 13.3 | 14.8 | 11.6 | 22.6% |
| Thailand | 0.1 | 2.6 | 6.1 | 5.6 | 282.6% |
| India | 0.1 | 0.2 | 2.2 | 1.8 | 162.1% |
| United States | 0.3 | 0.5 | 0.7 | 0.9 | 44.2% |
| Japan | 0.3 | 0.3 | 0.6 | 0.7 | 32.6% |
| France | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| South Korea | 0.3 | 0.1 | 0.5 | 0.5 | 18.6% |
| Malaysia | N/A | N/A | 1.2 | N/A | 0% |
| Others | 0.9 | 0.9 | 0.3 | 0.9 | 0.0% |
| Total | 8.3 | 18.1 | 26.3 | 22.5 | 39.4% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Vietnam in 2022:
- China (1745.2 tons)
- Thailand (848.2 tons)
- India (266.0 tons)
- United States (142.1 tons)
- Japan (104.6 tons)
- South Korea (81.4 tons)
- France (71.4 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam
Exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Vietnam fell to 520 tons in 2022, declining by -11.3% on 2021. In general, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% 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 +43.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62%. As a result, the exports reached the peak of 586 tons, and then shrank in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced slightly to $3.4M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +62.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of $3.5M, and then dropped slightly in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.1 | 1.1 | 1.9 | 1.8 | 17.8% |
| South Korea | 1.4 | 0.8 | 1.4 | 1.6 | 4.6% |
| Others | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Total | 2.7 | 2.1 | 3.5 | 3.4 | 8.0% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Vietnam in 2022:
- Thailand (265.6 tons)
- South Korea (244.1 tons)
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