Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam - 2022
Contents:
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (CIF) - 2022
- Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (FOB) - 2022
- Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam
- Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (CIF) - 2022
In 2022, the average import price for copper; cast, moulded, stamped or forged, but not further worked amounted to $18,592 per ton, rising by 57% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($18,707 per ton) and China ($18,706 per ton), while the price for Thailand ($14,829 per ton) and Japan ($15,925 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (FOB) - 2022
The average export price for copper; cast, moulded, stamped or forged, but not further worked stood at $19,700 per ton in 2022, stabilizing at the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 copper; cast, moulded, stamped or forged, but not further worked increased by +31.8% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 23%. The export price peaked at $19,953 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($22,169 per ton) and Belgium ($19,733 per ton), while the average price for exports to Sweden ($17,880 per ton) and the United States ($18,887 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 China (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam
In 2022, the amount of copper; cast, moulded, stamped or forged, but not further worked imported into Vietnam surged to 3K tons, rising by 529% on 2021 figures. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of copper; cast, moulded, stamped or forged, but not further worked soared to $55M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.5 | 26.8 | 5.3 | 51.7 | 90.3% |
South Korea | 0.9 | 1.9 | 0.2 | 2.0 | 30.5% |
Thailand | 1.3 | 0.9 | 0.1 | 1.0 | -8.4% |
Others | 0.5 | 0.6 | 0.1 | 0.6 | 6.3% |
Total | 10.2 | 30.3 | 5.6 | 55.3 | 75.7% |
Top Suppliers of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked to Vietnam in 2022:
- China (2764.4 tons)
- South Korea (106.4 tons)
- Thailand (64.3 tons)
Exports of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam
Exports of copper; cast, moulded, stamped or forged, but not further worked from Vietnam contracted markedly to 119 tons in 2022, with a decrease of -20.4% on 2021 figures. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year.
In value terms, exports of copper; cast, moulded, stamped or forged, but not further worked fell significantly to $2.3M in 2022. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $3M, and then shrank rapidly in the following year.
Export of Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 1,858 | 1,561 | 1,496 | 1,559 | -5.7% |
Hong Kong SAR | 22.4 | 58.4 | 482 | 465 | 174.8% |
United States | 263 | 415 | 32.2 | 225 | -5.1% |
Sweden | 99.3 | 42.0 | 12.3 | 48.7 | -21.1% |
China | N/A | 0.8 | 896 | N/A | 111900.0% |
Australia | 136 | N/A | 28.5 | N/A | -54.2% |
Others | 115 | 57.1 | 33.7 | 43.6 | -27.6% |
Total | 2,494 | 2,134 | 2,980 | 2,342 | -2.1% |
Top Export Markets for Copper; Cast, Moulded, Stamped or Forged, But Not Further Worked from Vietnam in 2022:
- Japan (81.1 tons)
- Hong Kong SAR (21.0 tons)
- United States (11.9 tons)
- Sweden (2.7 tons)
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