Vietnam - Table, Kitchen Or Household Articles Of Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cast Iron Household Articles in Vietnam - 2022
Contents:
- Price for Cast Iron Household Articles in Vietnam (FOB) - 2022
- Price for Cast Iron Household Articles in Vietnam (CIF) - 2022
- Exports of Cast Iron Household Articles in Vietnam
- Imports of Cast Iron Household Articles in Vietnam
Price for Cast Iron Household Articles in Vietnam (FOB) - 2022
The average cast iron household articles export price stood at $6,756 per ton in December 2022, standing approximately at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 2.4% m-o-m. Over the period under review, the average export prices reached the peak figure at $6,930 per ton in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the highest price was recorded for prices to the Netherlands ($6,812 per ton) and Mexico ($6,812 per ton), while the average price for exports to Australia ($5,038 per ton) and China ($6,812 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cast Iron Household Articles in Vietnam (CIF) - 2022
The average cast iron household articles import price stood at $4,243 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a mild slump. The growth pace was the most rapid in 2016 an increase of 43%. As a result, import price reached the peak level of $6,082 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($8,432 per ton), while the price for Taiwan (Chinese) ($1,933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cast Iron Household Articles in Vietnam
In 2022, exports of table, kitchen or household articles of cast iron from Vietnam stood at 565 tons, picking up by 2.9% against 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 223% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cast iron household articles exports rose markedly to $4.1M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 281% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Cast Iron Household Articles in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.3 | 918 | 1,874 | 1,863 | 465.5% |
Cambodia | 303 | 508 | 565 | 709 | 32.8% |
Netherlands | 28.6 | 635 | 369 | 463 | 153.0% |
Lao People's Democratic Republic | 36.4 | 10.2 | 225 | 236 | 86.5% |
New Zealand | 2.0 | 3.1 | 129 | 146 | 317.9% |
Italy | 1.9 | 4.5 | 131 | 136 | 315.2% |
Singapore | 12.7 | 66.6 | 107 | 113 | 107.2% |
Others | 265 | 368 | 388 | 394 | 14.1% |
Total | 660 | 2,514 | 3,789 | 4,059 | 83.2% |
Top Export Markets for Cast Iron Household Articles from Vietnam in 2022:
- United States (270.6 tons)
- Cambodia (70.4 tons)
- Netherlands (53.7 tons)
- Italy (42.7 tons)
- Singapore (26.0 tons)
- New Zealand (20.3 tons)
- Lao People's Democratic Republic (15.5 tons)
Imports of Cast Iron Household Articles in Vietnam
For the fourth consecutive year, Vietnam recorded growth in purchases abroad of table, kitchen or household articles of cast iron, which increased by 16% to 930 tons in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 170% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cast iron household articles imports soared to $3.9M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 181% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Cast Iron Household Articles in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 441 | 1,618 | 3,147 | 2,996 | 89.4% |
Germany | 5.5 | 8.6 | 16.4 | 648 | 390.2% |
United States | 20.9 | 49.6 | 73.7 | 89.6 | 62.5% |
Others | 199 | 198 | 175 | 209 | 1.6% |
Total | 666 | 1,874 | 3,412 | 3,944 | 80.9% |
Top Suppliers of Cast Iron Household Articles to Vietnam in 2022:
- China (764.9 tons)
- Germany (114.9 tons)
- United States (16.1 tons)
This report provides an in-depth analysis of the market for cast iron household articles 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 25991217 - Table, kitchen or household articles... of cast iron
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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