Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam - 2022

Contents:

1. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam (CIF) - 2022
2. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam (FOB) - 2022
3. Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam
4. Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam (CIF) - 2022

In 2022, the average import price for base metals clad with silver; not further worked than semi-manufactured amounted to $205,469 per ton, with an increase of 2% against the previous year. Over the period under review, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 12%. The import price peaked at $300,322 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($275,100 per ton), while the price for Taiwan (Chinese) ($28,397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam (FOB) - 2022

In 2022, the average export price for base metals clad with silver; not further worked than semi-manufactured amounted to $251,005 per ton, picking up by 8.9% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($292,857 per ton), while the average price for exports to China ($107,000 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 Germany (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam

In 2022, the amount of base metals clad with silver; not further worked than semi-manufactured imported into Vietnam skyrocketed to 11 tons, picking up by 19% against 2021. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of base metals clad with silver; not further worked than semi-manufactured soared to $2.3M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured to Vietnam in 2022:

1. Japan (10.3 tons)
2. Taiwan (Chinese) (0.4 tons)
3. Hong Kong SAR (0.2 tons)

Exports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Vietnam

In 2022, shipments abroad of base metals clad with silver; not further worked than semi-manufactured decreased by -8.1% to 430 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of 468 kg, and then declined in the following year.

In value terms, exports of base metals clad with silver; not further worked than semi-manufactured stood at $108K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured from Vietnam in 2022:

1. Japan (246.0 kg)
2. United States (144.0 kg)
3. Thailand (25.0 kg)
4. China (8.0 kg)
5. Germany (7.0 kg)

Source: IndexBox Market Intelligence Platform